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Tesoro Resources Limited

Suite 5, 62 Ord Street 

West Perth, WA 6005

© 2018 by Tesoro Resources Limited. ACN 106 854 175. All rights reserved. 

EL ZORRO PROJECT

Advanced Gold Exploration Region III Chile

The El Zorro Gold project is located 140km by road from the city Copiapo in Region 3 in northern Chile.

The oldest rocks in the El Zorro area are Palaeozoic sediments which have been intruded by a Jurassic diorite body of the Coastal Batholith Series which has thermally metamorphosed the sediments around the contact area.

Historical mining by artisanal workers at El Zorro is limited and has largely concentrated on early stage quartz veins in and around the Coquetas, or mineralised diorite.

Coeur d’Alene Mines Corporation (CDE) completed exploration between April 1990 and January 1993 including drilling and excavation of several adits as part of its exploration and assessment program.

Tesoro have completed a program of 16 drill holes with the following significant drill results reported:

  • ZDDH004 -10.00 metres @ 4.53g/t Au

Incl 4.00 metres @ 9.60g/t Au

  • ZDDH0005 - 1.00 metre @ 12.20g/t Au

Incl 0.35 metres @ 20.10g/t Au

 

  • ZDDH0010 - 84.30 metres @ 1.30g/t Au  - 110g/m Au

4.00 metres @ 8.50g/t Au

 

  • ZDDH0011 - 98.30 metres @ 1.58g/t Au - 155g/m Au

Incl 30.30 metres @ 3.03 g/t Au

11.00 metres @ 4.70g/t Au

9.00 metres @ 5.07 g/t Au

0.70 metres @ 21.70g/t Au

 

  • ZDDH0012 - 58.80 metres @ 1.70g/t Au - 100g/m Au

1.00m @ 56.20 g/t Au

2.40 metres@ 33.35g/t Au

6.70m @ 12.21 g/t Au

 

  • ZDDH0016 - 0.32 metres @ 31.30 g/t Au

El Zorro Drill Section