Tesoro Gold Ltd · ASX:TSO
Tesoro Gold — Tesoro Resources — Investor Presentation (February 2020)
23 slides from Tesoro Gold's investor presentation, Feb 7, 2020
Slide 1: ASX Announcement: Corporate Presentation
ASX ANNOUNCEMENT 7 FEBRUARY 2020 ASX: TSO | ACN 106 854 175 Corporate Presentation For personal use only Tesoro Resources Limited (Tesoro or the Company) provides its Corporate Presentation – February 2020. Authorised by the Board of Tesoro Resources Limited For more information: Company: Investors:
Slide 2: Corporate Presentation February 2020
For personal use only Corporate Presentation February 2020 Tesoro Resources Limited ACN 106 854 175
Slide 3: Disclaimer
DISCLAIMER For personal use only This presentation and any accompanying verbal presentation (together the Presentation) are confidential and have has been prepared by Tesoro Resources Limited (Tesoro or the Company). The information contained in the Presentation (Information) is summary only and sho
Slide 4: Emerging Precious Metals Developer Focused on Chile
EMERGING PRECIOUS METALS DEVELOPER FOCUSED ON CHILE For personal use only • Focused on Chile, a Tier 1 mining jurisdiction (6th on Fraser Institute) with outstanding infrastructure • Two high quality gold exploration projects with district scale footprints in the coastal Cordillera Belt Chile • Exci
Slide 5: Tesoro Resources Ltd Corporate
TESORO RESOURCES LTD CORPORATE For personal use only CAPITAL STRUCTURE BOARD & MANAGEMENT Total shares on Issue (includes escrowed shares)* 362,673,387 John Toll (Chairman) - John is a Partner at Azure Capital Limited and has Share price (AUD/sh) $0.03 over 15 years of experience in corporate adviso
Slide 6: Gold Exploration in Region III Chile
For personal use only EL ZORRO GOLD PROJECT Gold Exploration in Region III Chile View looking north along strike of the Coquetas deposit
Slide 7: El Zorro Gold Project – Location
EL ZORRO GOLD PROJECT – LOCATION* • Located in Region III (Atacama) Chile For personal use only • 140km by road north of Copiapo • 55km by road north of the port of Caldera • Low altitude with existing infrastructure (water, roads, ports, power) • JV signed with local vendor in 2017 • Tesoro has ach
Slide 8: El Zorro – Large IRG System
EL ZORRO GOLD PROJECT – LARGE IRG SYSTEM For personal use only • El Zorro gold mineralisation has been classified as an Intrusive Related Gold (IRG) System • Coquetas gold mineralisation has been directly related to a suite of gold bearing granitic intrusions, an emerging IRG district • IRG’s are gl
Slide 9: El Zorro – Emerging Major Gold System
EL ZORRO GOLD PROJECT – EMERGING MAJOR GOLD SYSTEM • For personal use only Tesoro has drilled 16 holes at the Coquetas Target for 3,085 metres • Exceptional drill results from Coquetas highlight the potential of El Zorro to host a significant gold deposit – MULTIPLE 100g/m Au INTERCEPTS • Mineralise
Slide 10: Coquetas Sections
EL ZORRO GOLD PROJECT – COQUETAS SECTIONS For personal use only C C’ D D’ 012° Section line A-A’ shown on slide 10 B B’ 012° 012° *for full drill results see ASX:PKA Announcement of 5 August 2019 Tesoro Resources Corporate Presentation February 2020 9
Slide 11: District Scale Potential
EL ZORRO GOLD PROJECT - DISTRICT SCALE POTENTIAL • Maiden Tesoro drill program was focused on Coquetas, location of historical artisanal mining and drilling by Coeur D’Alene Mining For personal use only • Mapping and sampling has identified the host El Zorro Tonalite is continuous for >4km north of
Slide 12: El Zorro – New Gold District Emerging
EL ZORRO – NEW GOLD DISTRICT EMERGING • For personal use only Multiple anomalies detected at new prospects • Surface channel sampling results include*: Buzzard - 26.00m @ 1.62g/t Au including 8.00m @ 3.08g/t Au Coquetas North – 16.60m @ 1.33g/t Au • Follow up mapping and sampling underway to define
Slide 13: El Zorro – New Gold District Emerging: Drilling Underway
EL ZORRO – NEW GOLD DISTRICT EMERGING For personal use only Drilling underway at El Zorro • Drilling extensions of known high grade mineralisation at Coquetas • NW trending faults controlling high grade gold mineralisation • Extensive fault systems identified north of Coquetas - mineralised at surfa
Slide 14: Exploration Program
EL ZORRO GOLD PROJECT - EXPLORATION PROGRAM For personal use only Focussed on delivering resources ▪ Drill programs for resource delineation ▪ 10,000m planned for 2020 ▪ Drilling to target extensions of known high grade mineralisation ▪ Modelling and resource estimation 2020 ▪ Test new drill targets
Slide 15: Espina Gold Project
For personal use only ESPINA GOLD PROJECT High Grade Gold in Maipo Valley Chile View looking south toward the Espina Project
Slide 16: Espina Gold Project – Location
ESPINA GOLD PROJECT – LOCATION* For personal use only • Located 50km south of Santiago • 25km north of Yamana Gold’s Florida gold mine • Low altitude with excellent access to infrastructure • JV signed with local vendor in 2017 • Earn 90% via US$4.5M expenditure over 5 years • Vendor payments totall
Slide 17: Espina Gold Project – Geological Setting
ESPINA GOLD PROJECT - GEOLGICAL SETTING For personal use only 25Km Florida Mine Location • Porphyry related epithermal gold system • Geologically similar to Yamana Gold’s Florida mine (>4Moz Au ) 25kms to the south • >2.5km of Mineralised structures identified • Numerous historic artisanal mine work
Slide 18: Espina Gold Project – A District Scale System
ESPINA GOLD PROJECT - A DISTRICT SCALE SYSTEM For personal use only • Two main mineralised trends identified each >2.5km long* • Soil anomalies have highlighted buried structures • Classic epithermal gold characteristics, vein boiling textures, intense silica and argillic alteration • Historical dat
Slide 19: Tesoro – Near Term Program and Newsflow
TESORO – NEAR TERM PROGRAM and NEWSFLOW For personal use only February 2020 March 2020 April 2020 May 2020 El Zorro Drilling - Coquetas El Zorro Surface Assay results El Zorro Drilling – New Targets El Zorro Metallurgical testwork Espina Soil sampling results • El Zorro underway • Expect first drill
Slide 20: Contact Details
CONTACT DETAILS For personal use only Zeffron Reeves, Managing Director Geoff McNamara, Non-Executive Director Mobile: +61 419 714 495 Mobile: +65 9754 6095 Email: zeff.reeves@tesororesources.com.au Email: geoff.mcnamara@tesororesources.com.au Address: Suite 5 | 62 Ord Street | West Perth | WA 6005
Slide 21: Appendix: Significant Intercepts Table
APPENDIX 1 EL ZORRO GOLD PROJECT SIGNIFICANT INTERCEPTS TABLE For personal use only Comment Hole_ID From (m) To (m) Interval Au (g/t) s Hole_ID From (m) To (m) Interval Au (g/t) Comments ZDDH0001 5.00 51.30 46.30 0.45 ZDDH0005 4.00 42.65 38.65 0.65 ZDDH0001 12.00 13.00 1.00 1.63 including ZDDH0005 9
Slide 22: Appendix: Significant Intercepts Table
APPENDIX 1 EL ZORRO GOLD PROJECT SIGNIFICANT INTERCEPTS TABLE For personal use only Hole_ID From (m) To (m) Interval Au (g/t) Comments ZDDH0011 176.00 274.30 98.30 1.58 ZDDH0011 181.70 212.00 30.30 3.03 including ZDDH0011 196.40 212.00 15.60 3.87 including ZDDH0011 203.00 203.70 0.70 21.70 including
Slide 23: Chile a Proven Mining Jurisdiction
CHILE A PROVEN MINING JURISDICTION MOST DEVELOPED SOUTH AMERICAN ECONOMY For personal use only ▪ Mining since 1500’s ▪ No. 1 global copper producer ▪ Mining is 9% of employment ▪ 47% of export revenues ▪ Tier 1 geological endowment MINING Chile Ranked 6th by the Fraser Institute ▪ Mature institution
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