There appears to be no end in sight for the gold potential at Tesoro Resources’ (ASX: TSO) El Zorro project in Chile, with a new zone uncovered at the ever-growing Ternera deposit.
Extensional drilling at the deposit has returned multiple high-grade intercepts from five holes.
Tesoro says this expands known mineralisation at Ternera to the east.
Notable results were 7m at 1 gram per tonne gold from 312m, including 1m at 3.33g/t gold; 19m at 1.22g/t gold from 355m, including 1m at 4.22g/t gold; and 1m at 15.3g/t gold from 317m.
Tesoro managing director Zeff Reeves said the results confirm the company’s interpretation that the gold mineralisation at the main Ternera deposit extends to the recently discovered Tenera East target.
Trenching at Ternera East uncovered 3m at 8.33g/t gold, 12m at 0.95g/t gold and 3m at 2.31g/t gold.
Ternera infill drilling confirms mineralisation continuity
Meanwhile, infill drilling at Ternera has continued to confirm the continuity of gold mineralisation.
Highlight assays were 1m at 11.9g/t gold from 154m; 6m at 2.29g/t gold from 223m, including 3m at 4.36g/t gold from 280m; and 28m at 0.87g/t gold from 70m, including 2.93m at 5.38g/t gold from 84.07m.
Mr Reeves said the results will feed into a maiden mineral resource estimate which is due in the “coming months”.
Advancing El Zorro
Tesoro has a fast-tracked drilling campaign underway at El Zorro, with six rigs operating 24-hours a day, seven days a week.
All-up, the company has drilled 150 diamond holes at the project for 47,208m.
Assays are currently pending for 35 holes.
Additionally, samples have been despatched for metallurgical analysis and advanced test work.
As well as Ternera and Ternera East, mineralisation has also been hit at other targets within the project including Drone Hill and Toro Gordo.
At Drone Hill, trenching unearthed 11.5m at 1.13g/t gold, including a 1.57m at 7.37g/t gold.
In early March, the company intercepted gold grading up to 69.7g/t in the first hole at Toro Gordo.