Tesoro Gold Ltd · ASX:TSO
Tesoro Gold — Tesoro Resources — 121 Mining Investment EMEA Conference 2020
22 slides from Tesoro Gold's conference presentation, May 19, 2020
Slide 1: 121 Mining Investment EMEA Conference Presentation
ASX ANNOUNCEMENT 19 MAY 2020 ASX: TSO | ACN 106 854 175 121 Mining Investment EMEA Conference Presentation For personal use only Tesoro Resources Limited (Tesoro or the Company) provides the attached Presentation, to be delivered by the Company at the virtual 121 Mining Investment EMEA Conference, 1
Slide 2: El Zorro Gold Project Presentation May 2020
For personal use only El Zorro Gold Project Presentation May 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, Tier 1 geological & mining jurisdiction with outstanding infrastructure ▪ Two high quality gold exploration projects with district scale footprints in the coastal Cordillera Belt Chile ▪ Focussed on El Zorr
Slide 5: Gold Discovery in Region III Chile
For personal use only EL ZORRO GOLD PROJECT Gold Discovery in Region III Chile View looking north along strike of the Coquetas deposit
Slide 6: El Zorro – Location
EL ZORRO GOLD PROJECT – LOCATION* For personal use only ▪ JV signed with local vendor in 2017 ▪ Tesoro accelerating to 70% ownership** ▪ Ability to Earn 80% by delivering a feasibility study over the project & payment of USD50,000 by January 2022 ▪ Remaining 20% can be acquired post feasibility stud
Slide 7: El Zorro – Excellent Infrastructure
EL ZORRO GOLD PROJECT – EXCELLENT INFRASTRUCTURE For personal use only ▪ Located in Region III (Atacama) Chile ▪ 10km from Pan American Hwy & Pacific Ocean ▪ 57km by road north of the port of Caldera ▪ 130km by road north of Copiapo ▪ Low altitude existing infrastructure (water, roads, ports & power
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 ▪ Exceptional drill results from Coquetas highlight the potential of El Zorro to host a significant gold deposit – For personal use only MULTIPLE 100g/m Au INTERCEPTS ▪ Mineralised zone to date defined >1,500 metres, up to 100 metres thick, down to
Slide 10: El Zorro – Drilling Success
EL ZORRO GOLD PROJECT – DRILLING SUCCESS For personal use only ▪ Tesoro’s exploration model is generating positive results ▪ NW trending “CC” faults control gold mineralisation ▪ Tesoro is optimising drilling to target prospective structures ▪ Majority of project area has fresh rock outcrop to map &
Slide 11: El Zorro – New Gold District Emerging
EL ZORRO – NEW GOLD DISTRICT EMERGING ▪ Outcropping gold mineralisation has been identified at new prospects For personal use only ▪ Surface channel sampling results include*: ▪ Coquetas North – 16.60m @ 1.33g/t Au ▪ Coquetas South – 0.60m @ 4.65g/t Au & 2.10m @ 2.48 g/t Au ▪ Buzzard - 26.00m @ 1.62
Slide 12: El Zorro – Immediate Newsflow
EL ZORRO – IMMEDIATE NEWSFLOW For personal use only ▪ COQUETAS CONTINUES TO GROW ▪ 11 HOLES DRILLED IN 2020 ▪ AWAITING ASSAYS FOR 5 HOLES ▪ AWAITING CHANNEL SAMPLES ▪ HIGH GRADE ‘CC” ZONES EXPANDING ▪ TEST COQUETAS SOUTH, DRONE HILL, BUZZARD & TORO BLANCO ▪ METALLURGICAL SAMPLE ▪ RESOURCE ESTIMATION
Slide 13: 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 14: Espina 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 15: Espina Early Stage Epithermal System
ESPINA GOLD PROJECT – EARLY STAGE EPITEHRMAL SYSTEM For personal use only ▪ 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 ▪ Surface geochemistry, mapping & geophysics indicates
Slide 16: Tesoro – Near Term Program and Newsflow
TESORO – NEAR TERM PROGRAM and NEWSFLOW For personal use only May 2020 June 2020 July 2020 August 2020 El Zorro Drilling – Coquetas Phase 1 El Zorro Phase 1 Drilling Assays El Zorro Surface Assay results El Zorro Drilling – Phase 2 El Zorro Metallurgical testwork ▪ Drill results for Phase 1 expected
Slide 17: Tesoro Resources Ltd – Corporate Snapshot
TESORO RESOURCES LTD – CORPORATE SNAP SHOT 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 >15 years of experience in corporate advisory, focusing mainly
Slide 18: 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 19: Significant Intercepts Table
APPENDIX 1 EL ZORRO GOLD PROJECT SIGNIFICANT INTERCEPTS TABLE* Hole_ID From (m) To (m) Interval Au (g/t) Comments Hole_ID From (m) To (m) Interval Au (g/t) Comments Hole_ID From (m) To (m) Interval Au (g/t) Comments ZDDH0001 5.00 119.00 114.00 0.35 ZDDH0006 226.00 227.00 1.00 0.55 including ZDDH0014
Slide 20: Coquetas Sections
APPENDIX 2 EL ZORRO GOLD PROJECT – COQUETAS SECTIONS B B’ For personal use only A D ’ B ’ D ’ E A 012° C ’ ’ B E C C’ C 012° *for full drill results see ASX:PKA Announcement of 5 August 2019 & TSO announcements 12 March 2020/27 April and 6 May 2020 Tesoro Resources Corporate Presentation May 2020 19
Slide 21: Coquetas Sections
APPENDIX 2 EL ZORRO GOLD PROJECT – COQUETAS SECTIONS For personal use only D D’ E E’ 012° *for full drill results see ASX:PKA Announcement of 5 August 2019 & TSO announcements 12 March 2020/27 April and 6 May 2020 **Partial results only, additional assays yet to be received Tesoro Resources Corporat
Slide 22: 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 ▪ Mature institutional & • Attractive business environment ▪
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