Tesoro Gold Ltd · ASX:TSO
Tesoro Gold — Tesoro Resources — Noosa Mining & Exploration Conference 2021
21 slides from Tesoro Gold's conference presentation, Jul 13, 2021
Slide 1: El Zorro Gold Project Noosa Mining & Exploration Conference Presentation
For personal use only Aerial View of the Ternera Prospect Looking North El Zorro Gold Project Noosa Mining & Exploration Conference Presentation, 14-16 July 2021 ASX:TSO Tesoro Resources Limited ACN 106 854 175
Slide 2: Disclaimer
DISCLAIMER For personal use only This presentation and any accompanying verbal presentation (together the Presentation) are confidential and have been prepared by Tesoro Resources Limited (Tesoro or the Company) and approved by the Board of the Company. The information contained in the Presentation
Slide 3: 18 Months on the ASX
18 MONTHS ON THE ASX MANAGEMENT FOCUSED ON RAPIDLY ADVANCING THE EL ZORRO GOLD PROJECT For personal use only ▪ A$31.6M Raised Since March 2020 ASX Listing ▪ >87% of Capital invested into the Ground ▪ >58km of Diamond Drilling completed ▪ Currently 6 Rigs Drilling 24/7 ▪ Ternera Mineralised Footprint
Slide 4: Location
EL ZORRO GOLD PROJECT LOCATION For personal use only ▪ Tesoro owns 85% of El Zorro ▪ Fully diluting JV ▪ ~555 km2 Project Area ▪ El Zorro Identified as an Intrusive Related Gold System (IRGS) ▪ Mineralisation identified to date has a Strike Length >5km ▪ Open in All Directions ▪ World Class Mining R
Slide 5: Leveraging Existing Infrastructure
EL ZORRO GOLD PROJECT – LEVERAGING EXISTING INFRASTRUCTURE For personal use only ▪ Regionally Dominant Concession Holding ▪ Region III (Atacama Desert), Chile ▪ Low Altitude 600m to 1,600m ASL ▪ Pan American Highway 10km ▪ Pacific Ocean (processing H2O) 10km ▪ Caldera Port 57km ▪ Atacama Airport 76k
Slide 6: Ternera – Defining a Major Gold System
TERNERA – DEFINING A MAJOR GOLD SYSTEM ▪ Tesoro has Drilled >58,000m at Ternera For personal use only ▪ Gold Mineralisation Associated with Multiple, Parallel, Elongate Tonalite Intrusions ▪ Mineralisation Identified over a Large Area ▪ >1,000m North-South ▪ >550m East-West A’ ▪ Outcropping at Surfa
Slide 7: Ternera – Defining a Major Gold System
TERNERA – DEFINING A MAJOR GOLD SYSTEM ▪ Drilling constantly expanding Ternera ▪ Parallel Ore Zones Linked by NW & E Trending Faults For personal use only ▪ Majority of Mineralisation Tonalite Hosted ▪ Faults Mineralise Tonalites & Sedimentary Country Rocks ▪ North South faults define multiple high
Slide 8: Multiple Targets for Additional Growth
EL ZORRO GOLD PROJECT MULTIPLE TARGETS FOR ADDITIONAL GROWTH For personal use only E E’ ▪ Mapping & Sampling has Defined New Targets ▪ Tesoro has only Scratched the Surface ▪ First holes into additional targets highlight upside ▪ Ternera East – New Discovery 21.28m @ 0.34g/t Au including: 4.50m @ 1.
Slide 9: Ternera – Multiple High Grade Gold Zones
TERNERA – MULTIPLE HIGH GRADE GOLD ZONES For personal use only AA A’A’ ▪ Ternera >1km long & 1km wide A’A’ ▪ Multiple continuous mineralised zones ▪ Multiple >100m @ >1g/t Au results ▪ Three North Trending High Grade Zones 30m to 70m thick @ 2.00g/t to >4.00g/t Au ▪ Mineralised zones up to 200m wide
Slide 10: Emerging District Scale Gold System
EL ZORRO GOLD PROJECT – EMERGING DISTRICT SCALE GOLD SYSTEM For personal use only ▪ Mapping, geochemistry & geophysics show district scale gold system ▪ Untested Regional Potential ▪ Surface Channel Sampling includes: ▪ Ternera East 3.00m @ 8.33g/t Au 12.00m @ 0.95g/t Au 3.00m @ 2.31g/t Au ▪ Ternera
Slide 11: Studies & Development
EL ZORRO GOLD PROJECT STUDIES & DEVELOPMENT El Zorro is Ideally Located to Leverage off Existing Infrastructure & Support Services For personal use only ▪ Order of Magnitude Conceptual Studies & Long Lead Activities Commenced: ▪ Metallurgy, Environment, Surface Easement Corridors, Infrastructure Acc
Slide 12: Tesoro – Defined Workplan
TESORO – DEFINED WORKPLAN Ternera El Zorro District Regional Exploration Studies and Development For personal use only ▪ Resource Definition Drilling ▪ Further Drill Testing of ▪ Regional Targeting to find ▪ Detailed Metallurgical Ternera East Ternera Analogues Testwork to Optimise ▪ Maiden Resource
Slide 13: Contact Details
CONTACT DETAILS For personal use only Zeffron Reeves, Managing Director Email: info@tesororesources.com.au Phone: +61 8 9322 1587 Web: www.tesororesources.com.au Address: Suite 5 | 62 Ord Street | West Perth | WA 6005 Tesoro Resources Corporate Presentation July 2021 13
Slide 14: Appendix – 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 Hole_ID From (m) To (m) Interval Au (g/t) Comments Hole_ID From (m) To (m) Interval A
Slide 15: Appendix – Significant Intercepts Table (cont'd)
APPENDIX 1 – CONT’D 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 Hole_ID From (m) To (m) Interval Au (g/t) Comments Hole_ID From (m) To (m) I
Slide 16: Appendix – Significant Intercepts Table (cont'd)
APPENDIX 1 – CONT’D EL ZORRO GOLD PROJECT SIGNIFICANT INTERCEPTS TABLE For personal use only 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 Hole_ID From (m) To (m) Interval Au (g/t) Comments ZDD
Slide 17: Appendix – Ternera Selected Sections
APPENDIX 2 – TERNERA SELECTED SECTIONS A A’ D D’ For personal use only Ternera Prospect Schematic Sections Looking North West Sections of modelled tonalite, faults and gold grade shells at 0.20g/t and 0.50 g/t Au cut-offs Refer to slide 6 for Section Locations Tesoro Resources Corporate Presentation
Slide 18: Tesoro Resources – Corporate Snapshot
APPENDIX 3 TESORO RESOURCES – CORPORATE SNAPSHOT For personal use only Corporate Structure Shares (ASX:TSO) 555.9m Performance Rights 146.2m Share Price (8 July 2021) A$0.19 Market Capitalisation $A105m Cash (31 March 2021) $A19m Shareholders Top 20 46% Top 50 57% Board & Management 11% Institutiona
Slide 19: Tesoro Resources – An Experienced Team
TESORO RESOURCES – AN EXPERIENCED TEAM BOARD & MANAGMENT For personal use only John Toll - Chairman John is a Partner at Azure Capital Limited with >15 years of experience in corporate advisory, focusing mainly on equity financing transactions across a range of industries including mining, technolog
Slide 20: Appendix – Material ASX Announcements
APPENDIX 4 – MATERIAL ASX ANNOUNCEMENTS ASX:TSO Date Announcement Title Date Announcement Title For personal use only 11/06/2021 Ternera Step Out Hole Extends Mineralisation 150m East 9/10/2020 Wide gold zones defined at El Zorro 25/05/2021 New Gold Zone Identified from Extensional Drilling 1/10/202
Slide 21: Chile a Proven Mining Jurisdiction and Most Developed South American Economy
CHILE A PROVEN MINING JURISDICTION AND MOST DEVELOPED SOUTH AMERICAN ECONOMY For personal use only ▪ Mining since 1500’s ▪ No. 1 Global Copper Producer ▪ Mining is 9% of Employment ▪ Mining is 47% of Export Revenues MINING ▪ Tier 1 Geological Endowment ▪ Mature Institutional & ▪ Attractive Business
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