Tesoro Gold Ltd · ASX:TSO
Tesoro Gold — RIU Sydney Resources Round-up 2022
21 slides from Tesoro Gold's conference presentation, May 2, 2022
Slide 1: Tesoro Presenting at RIU Sydney Resources Round-up and Mines and Money Connect London
ASX ANNOUNCEMENT 2 MAY 2022 ASX: TSO | ACN 106 854 175 Tesoro Presenting at RIU Sydney Resources Round-up and Mines For personal use only and Money Connect London Tesoro Gold Ltd (Tesoro or the Company) (ASX:TSO, OTCQB:TSORF ) advises that the Company is presenting at the RIU Sydney Resources Round-
Slide 2: El Zorro Gold Project Chile
For personal use only El Zorro Gold Project Chile Scale, Simplicity, Strategic Location & Exceptional Metallurgy May 2022 ASX:TSO OTCQB:TSORF
Slide 3: Disclaimer
Disclaimer For personal use only This presentation and any accompanying verbal presentation (together the Presentation) are confidential and have been prepared by Tesoro Gold Ltd (Tesoro or the Company) and approved by the Board of the Company. The information contained in the Presentation (Informat
Slide 4: Tesoro's Strategy
Tesoro’s Strategy For personal use only Utilise Extensive Geological and Mining Expertise to Discover & Build High Quality Mining Projects in the ‘Core Atacama’ Province of Chile. Ternera Gold Deposit Looking South Tesoro Gold (ASX:TSO) | CORPORATE PRESENTATION 3
Slide 5: Investment Highlights
Investment Highlights For personal use only • Tesoro holds one of the largest & most Chanaral Au prospective gold projects in Chile. Cu/Fe • Strategically positioned, established El Zorro infrastructure and surrounded by mines. Gold Project Cu • Intrusive Related Gold System (IRGS). Cu/Au • Rapidly
Slide 6: El Zorro Gold Project: Chile's Newest Gold Discovery
El Zorro Gold Project: Chile’s Newest Gold Discovery For personal use only • Tesoro Owns 85% of the El Zorro Gold Project (1). TORO BLANCO • 25.1Mt @ 0.82/t Au for 661koz at 0.3g/t Au cut-off (2) defined by 148 drill holes. TERNERA TERNERA EAST • 15.4Mt @ 1.1g/t Au for 540koz 0.5g/t Au. cut-off (2)
Slide 7: El Zorro Gold Project: Chile's Newest Gold Discovery
El Zorro Gold Project: Chile’s Newest Gold Discovery For personal use only 700m • Maiden MRE1 within 18 months of listing. • Ternera Deposit Open in all directions. • Continue drilling to grow resource base. • Ternera orebody starts at surface. • Multiple continuous high-grade zones. 500m Ternera Go
Slide 8: Recent Drilling Underpins Continued Resource Growth
Recent Drilling Underpins Continued Resource Growth For personal use only • >1.5km strike, >700m wide and >500m deep. • >150 holes have been drilled post Resource. • Multiple new thick high-grade gold zones contained in broad mineralised zones outside existing Resource(1): • 7.00m @ 66.10g/t Au; con
Slide 9: Recent Drilling Underpins Continued Resource Growth
Recent Drilling Underpins Continued Resource Growth For personal use only Wide consistent gold zones intercepted in new drilling 58 g/m’s 144 g/m’s 486 g/m’s Ternera Drill Section -40m looking northwest Ternera Drill Section 100m looking northwest Refer to ASX announcement 26 April 2022 – Appendix 2
Slide 10: Recent Drilling Underpins Continued Resource Growth
Recent Drilling Underpins Continued Resource Growth For personal use only Wide consistent gold zones intercepted in new drilling 230 g/m’s 88 g/m’s 197 g/m’s 83 g/m’s 74 g/m’s Ternera Drill Section -160m looking northwest Ternera Drill Section 60m looking northwest Refer to ASX announcement 26 April
Slide 11: El Zorro Intrusion Related Gold Belt: District Scale Potential
El Zorro Intrusion Related Gold Belt: District Scale Potential For personal use only • Newly recognised IRGS in Chile. • >570km2 of unexplored potential. • Multiple undrilled gold targets(1). • Up to 7km long and 6km wide. • Multiple El Zorro Tonalite dyke swarms (EZT, gold host rock). • Potential f
Slide 12: El Zorro – Unlocking a District Scale Gold System
El Zorro – Unlocking a District Scale Gold System For personal use only Immediate Focus • Update Mineral Resource Estimate. • Continue to add ounces to the Ternera Resource with drilling. • Delineate and Drill Ternera repeats on the El Zorro concessions. • Complete scoping study & build organisation
Slide 13: Company Strategy & Corporate Snapshot
Company Strategy & Corporate Snapshot For personal use only Mineral Resource (1) Indicated Inferred Total Capital Structure Cut off Au g/t Mt Au g/t koz Mt Au g/t koz Mt Au g/t koz ASX Share Price (2) A$0.072 0.30 2.7 0.88 75 22.4 0.81 586 25.1 0.82 661 0.50 1.7 1.17 63 13.7 1.08 476 15.4 1.09 539 S
Slide 14: Board & Management
Board & Management For personal use only John is a Partner at Azure Capital Limited with >15 >30 years of international resource sector experience as years of experience in corporate advisory, focusing a Geologist, Project Manager & Fund Manager. mainly on equity financing transactions across a Prev
Slide 15: Recent Activity
Recent Activity For personal use only El Zorro Access Road Upgrade Ternera Drill Rigs in Operation Core Shed Local Workforce Ternera Drilling Team Tesoro Gold (ASX:TSO) | CORPORATE PRESENTATION 14
Slide 16: El Zorro Gold Project - Appendices
El Zorro Gold Project - Appendices Scale, Simplicity & Exceptional Metallurgy in a Strategic Location For personal use only 661 koz & growing Up to 45 % Gravity Recovery Conventional Processing Coastal Location Chile Surface Gold to Mining Friendly over 500m Depth New Gold District Developing a Matu
Slide 17: Appendix 1: El Zorro Preliminary Process Plant Flowsheet
Appendix 1: El Zorro Preliminary Process Plant Flowsheet For personal use only Tesoro Gold (ASX:TSO) | CORPORATE PRESENTATION 16
Slide 18: Appendix 2: Environmental and Social Strategy
Appendix 2: Environmental and Social Strategy For personal use only Our environmental and social strategy is aligned to the United Nations (UN) Sustainable Development Goals (SDG) with the company committed to ensuring its exploration and operational activities generate positive sustainability outco
Slide 19: Appendix 3: Why Chile
Appendix 3: Why Chile For personal use only 1) Low Sovereign Risk: Chile has a population of >19 million people, one of South America’s most stable and prosperous nations, enabling the country to significantly reduce poverty. Chile’s GDP was 17.4% in 4th Qtr 2021 (1), second-fastest pace of expansio
Slide 20: Appendix 4: Mineral Resource
Appendix 4: Mineral Resource For personal use only Maiden Mineral Resource Estimate of 661koz Gold Announced on 28 July 2021 Indicated Inferred Total Cut-off Au g/t Mt Au g/t koz Mt Au g/t koz Mt Au g/t koz 0.3 2.7 0.88 75 22.4 0.81 586 25.1 0.82 661 0.4 2.1 1.03 68 17.4 0.95 529 19.4 0.96 597 0.5 1
Slide 21: Tesoro Gold Limited
For personal use only Tesoro Gold Limited Suite 5, 62 Ord Street West Perth, WA 6005 Phone: +61 8 9322 1587 Email: info@tesororesources.com.au Web: www.tesororesources.com.au