Tesoro Resources firms up El Zorro gold potential with latest high-grade assays
Tesoro managing director Zeff Reeves says he is excited by the “sheer scale” of the El Zorro gold district.
Chile gold explorer Tesoro Resources (ASX: TSO) has firmed up the potential of its El Zorro project even further, with latest channel sampling results extending known mineralisation at the Coquetas prospect to 1.5km.
Channel sampling was undertaken at the Central Coquetas and Coquetas South targets within the project, with results “significantly” increasing the known gold footprint at Coquetas and confirming high-grade zones.
Highlight assays from Central Coquetas were 21m at 2.49 grams per tonne gold from surface, including 1m at 23.7g/t gold; and 52m at 0.55g/t gold from 15m, including 11m at 1.22g/t gold.
Meanwhile, a 680m long vein system was discovered at Coquetas South, which combined with earlier results, has extended the mineralised strike at Coquetas by 750m.
Best vein results from Coquetas South were 0.6m at 4.65g/t gold, 0.9m at 4.16g/t gold and 2.1m at 2.48g/t gold.
“Mineralisation at El Zorro, and Coquetas, in particular, continues to increase in size with every sample result we receive,” Tesoro managing director Zeff Reeves said.
“These results are particularly significant because they more than double the strike length of the mineralised footprint at Coquetas and provide multiple, additional drill targets.”
“Together with the wide high-grade drill results we have produced from El Zorro, this further confirms that El Zorro is a large gold bearing system with high potential to host a significant gold resource,” Mr Reeves added.
Advancing El Zorro
At Coquetas, Tesoro has identified seven well-mineralised CC fault zones that contain gold mineralisation.
The company pointed out that only two of those zones have been drill tested.
Tesoro’s next steps at El Zorro will be to undertake further surface work to firm up more drill targets and test the fault zones.
Additional surface sampling and mapping will be carried out at Coquetas South to get a better understanding of the vein system.
Meanwhile, assays are pending for five diamond drill holes at Coquetas along with surface sampling results from Drone Hill and Buzzard.