{"id":11710,"date":"2024-07-02T00:46:46","date_gmt":"2024-07-02T00:46:46","guid":{"rendered":"https:\/\/economicherald.net\/?p=11710"},"modified":"2024-07-02T00:46:46","modified_gmt":"2024-07-02T00:46:46","slug":"tesoro-gold-makes-discovery-next-door-to-1-3moz-chilean-project","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=11710","title":{"rendered":"Tesoro Gold makes discovery next door to 1.3Moz Chilean project"},"content":{"rendered":"<p>Tesoro Gold spots new gold intercept 300m from Ternera deposit at El Zorro project in Chile<br \/>\nDiscovery could be a Ternera repeat and bump up the project\u2019s resource<br \/>\nAccelerated drilling underway to define the Ternera East target<\/p>\n<p>\u00a0<\/p>\n<p><strong><em>Special Report:<\/em> Tesoro Gold has discovered a major new gold intercept to the east of its 1.3Moz Ternera gold deposit within the broader El Zorro gold project in Chile.<\/strong><\/p>\n<p>The discovery was made via first-pass drilling of the Ternera East target, which was aimed at assessing high-priority targets near Ternera, which could have potential for future rapid and shallow additions to the existing mineral resource at El Zorro.<\/p>\n<p>So far so good, with the company intercepting a new, thick (+200m), well-mineralised El Zorro Tonalite intrusive.<\/p>\n<p><em>\u00a0<\/em><\/p>\n<p>A map of the El Zorro gold project. Source: TSO<\/p>\n<p>\u00a0<\/p>\n<p><a href=\"https:\/\/stockhead.com.au\/company\/tesoro-gold-tso\/\"><strong>Tesoro Gold (ASX:TSO)<\/strong><\/a> says the new intrusive body is a potential major fault offset or Ternera \u2018repeat\u2019, which could bode well for any future resource upgrades.<\/p>\n<p>Notable assay results include:<\/p>\n<p>49.50m at 0.55g\/t Au from 179.00m, including 15.40m at 1.21g\/t Au from 182.00m, and 5.40m at 2.21g\/t Au from 182.0m and;<br \/>\n36.00m at 1.00g\/t Au from 281.50m, including 17.50m at 1.91g\/t Au from 282.00m, 7.70m at 3.64g\/t Au from 283.30m, and 2.30m at 9.50g\/t Au from 288.30m.<\/p>\n<p>\u00a0<\/p>\n<p>Pic: El Zorro Gold Project \u2013 Ternera East drilling, ZDDH0341 showing significant mineralised zones and location relative to the Ternea Gold Deposit MRE Block Model and US$1,800\/oz optimised Pit Shell. Source: TSO<\/p>\n<p>\u00a0<\/p>\n<h2><strong>Potential scale a game changer<\/strong><\/h2>\n<p>\u201cThis discovery at Ternera East is one of the most significant results from El Zorro and has the potential to materially change its scale,\u201d Tesoro managing director Zeff Reeves said.<\/p>\n<p>\u201cThe identification of this well-mineralised EZT represents a potential uplifted extension or offset of the main Ternera deposit, which could rapidly add substantial ounces to our existing 1.3Moz mineral resource.<\/p>\n<p>\u201cIt is an exciting outcome that further validates the targeting model being employed by the Tesoro team at El Zorro.<\/p>\n<p>\u201cWe are now focused on completing additional drilling of the area as quickly as possible to better understand what we have identified at Ternera East.\u201d<\/p>\n<p>An accelerated drilling program is now in progress to rapidly define the Ternera East target.<\/p>\n<p>\u00a0<\/p>\n\n<p><span class=\"mce_SELRES_start\">\ufeff<\/span>\u00a0<\/p>\n<p><em>This article was developed in collaboration with Tesoro Gold, a Stockhead advertiser at the time of publishing. <\/em><\/p>\n<p><em>\u00a0<\/em><\/p>\n<p><em>This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.<\/em><\/p>\n<p>The post <a href=\"https:\/\/stockhead.com.au\/resources\/tesoro-gold-makes-discovery-next-door-to-1-3moz-chilean-project\/\">Tesoro Gold makes discovery next door to 1.3Moz Chilean project<\/a> appeared first on <a href=\"https:\/\/stockhead.com.au\/\">Stockhead<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Tesoro Gold spots new gold intercept 300m from Ternera deposit at El Zorro project in Chile Discovery could be a Ternera repeat and bump up <a href=\"https:\/\/economicherald.net\/?p=11710\" class=\"read-more-link\">[more&#8230;]<\/a><\/p>\n","protected":false},"author":0,"featured_media":11711,"comment_status":"","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-11710","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - 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