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- Tesoro Assets (TSO) stories a number of the most “spectacular” intercepts so far from diamond drilling on the Ternera gold deposit inside its El Zorro gold undertaking in Chile
- The corporate obtained assays for seven diamond drill holes accomplished as a part of an extensional and infill drilling marketing campaign on the undertaking
- All holes returned a number of large intersections from high-grade zones inside Ternera and Tesoro says gold mineralisation stays open to the south and at depth
- Managing Director Zeff Reeves describes the gold hits from the seven holes as “amongst the perfect outcomes we’ve ever seen from Ternera”
- TSO shares surge 25 per cent to 9.5 cents
Tesoro Assets (TSO) shares have soared after the corporate introduced a number of the most “spectacular” intercepts so far from diamond drilling on the Ternera gold deposit inside its El Zorro gold undertaking in Chile.
The corporate obtained assays for seven diamond drill holes accomplished as a part of an extensional and infill drilling marketing campaign on the undertaking.
All holes returned a number of large intersections from high-grade zones inside Ternera and Tesoro says gold mineralisation stays open to the south and at depth.
A number of the newest stand-out drill outcomes have been 63.93 metres grading 7.61 grams per tonne gold together with 7m at 66.1 g/t from 375m and 63.6m at 2.89 g/t together with 10.6m at 14.34 g/t from 325.4m.
Gold mineralisation in all of the holes happens properly outdoors the present Ternera mineral useful resource estimate (MRE).
Tesoro says it has now delineated a mineralised zone which greater than 600m north to south.
Managing Director Zeff Reeves described the gold hits from the seven holes as “amongst the perfect outcomes we’ve ever seen from Ternera”.
“Importantly these holes have delineated constant, large and strike in depth mineralisation, which stays open to the south and at depth,” Managing Director Zeff Reeves mentioned.
“We’re assessing these zones as we imagine that extra drilling may considerably enhance the dimensions of the Ternera MRE and make a fabric distinction to the dimensions of the undertaking.”
The corporate is at present awaiting assay outcomes for an extra 5 diamond holes drilled at Ternera.
Tesoro’s exploration involving district goal technology work equivalent to floor mapping and sampling was additionally persevering with.
TSO shares have been buying and selling 25 per cent greater at 9.5 cents at 11:38 am AEDT.
