Tesoro Gold Ltd · ASX:TSO
Tesoro Gold — Tesoro Resources — Mines and Money Conference (September 2021)
18 slides from Tesoro Gold's conference presentation, Sep 3, 2021
Slide 1: Retraction and Replacement Mines and Money Presentation
ASX ANNOUNCEMENT 3 SEPTEMBER 2021 ASX: TSO | ACN 106 854 175 Retraction and Replacement Mines and Money Presentation For personal use only Tesoro Resources Limited (Tesoro or the Company) (ASX:TSO) refers to the announcements on 31 August 2021 in relation to its Presentation to the Mines and Money C
Slide 2: Advancing El Zorro: Chile's Newest Gold Project
For personal use only Advancing El Zorro Chile’s Newest Gold Project Investor Presentation August 2021
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 Resources Limited (Tesoro or the Company) and approved by the Board of the Company. The information contained in the Presentation
Slide 4: Investment Highlights
Investment Highlights For personal use only Au Chanaral • Tesoro (ASX:TSO) holds one of the largest Cu/Fe & most prospective mining permits in the ‘Core Atacama’ Province of Chile. Cu TERNERA • Strategically positioned in a tier one jurisdiction, near infrastructure & surrounded Cu/Au by world-class
Slide 5: Company Strategy & Corporate Snapshot
Company Strategy & Corporate Snapshot For personal use only Strategy Utilise extensive geological experience to discover, define & develop high quality mining projects in the ‘Core Atacama’ province of Chile. Mineral Resource (0.3 g/t cut-off) (1) Capital Structure Indicated Inferred Total ASX Share
Slide 6: Board & Management
Board & Management For personal use only >27 years of international resource sector experience as a Geologist, Project Manager & Fund Manager. Previously worked in Private Equity (FUM USD800 million) & as a John is a Partner at Azure Capital Limited Director of Societe General’s Mining with >15 year
Slide 7: El Zorro: Chile's Newest Gold Project
El Zorro: Chile’s Newest Gold Project For personal use only (4) 341600mE 7036000mN 341800mE 7036100mN 342000mE 342200mE 7036400mN • Tesoro Owns 85% of the El Zorro project. (1) TSO Drilling 9 Mineralised intercept (m/Aug/t) 12 8 DH 19 • Maiden Mineral Resource of 25.1 Mt @ 0.8 g/t for 661 9 Fault DH
Slide 8: Enormous Exploration Potential
Enormous Exploration Potential For personal use only • Significant Intrusive Related Gold System PERMIT EXPLORATION TARGETS TERNERA EXPLORATION (IRGS) analogous to the Tintina Province in the Yukon & Alaska (Fort Knox, Pogo, Brewery). • Minimal historical mining by artisanal workers at El Zorro & le
Slide 9: Recent Activity
Recent Activity For personal use only Exploration Drilling Core Shed Local Workforce Ternera Drill Rigs in Operation 8
Slide 10: Recent Exploration Highlights
Recent Exploration Highlights For personal use only Ternera (1) New thick high grade gold zones outside existing resource (see cross section right). • 205.00m @ 0.96g/t Au; including 21.00m @ 5.26g/t Au • 40.00m @ 2.11g/t Au; including 17.50m @ 4.51g/t Au Ternera East (2) New discovery. • 21.28m @ 0
Slide 11: New Exploration Targets
New Exploration Targets For personal use only • Drone Hill & Toro Blanco have structural trends & high chargeability anomalies, as identified by the recently expanded Gradient Array Induced Polarisation (GAIP) survey (see map on right). (1) TORO BLANCO • Drone Hill first drill hole intersected a hig
Slide 12: Roadmap to Create Shareholder Value
Roadmap to Create Shareholder Value For personal use only Immediate Focus • Continue to grow resources at El Zorro via low-cost drilling. • Identify repeats within the regional El Zorro exploration concessions. • Complete scoping study & build organisational capability to progress El Zorro to produc
Slide 13: Relative Valuation Offers Material Opportunity
Relative Valuation Offers Material Opportunity For personal use only Relative to ASX listed gold peers at study or development stage for projects in Tier One jurisdictions, Tesoro has a low EV/resource oz value. EV/Resources (A$/oz) (1) 300 250 200 150 100 50 0 Challenger De Grey Capricorn Tesoro Cu
Slide 14: Appendix 1: Environmental & Social Strategy
Appendix 1: Environmental & Social Strategy For personal use only Our environmental & social strategy is aligned to the United Nations (UN) Sustainable Development Goals (SDG) with the company committed to ensuring its exploration & operational activities generate positive sustainability outcomes. S
Slide 15: Appendix 2: Why Chile
Appendix 2: Why Chile For personal use only 1) Low Sovereign Risk: Chile has a population of over 19 million people & is considered to be one of South America’s most stable & prosperous nations, enabling the country to significantly reduce poverty. Chile’s gross domestic product (GDP) is expected to
Slide 16: Appendix 3: Mineral Resource
Appendix 3: Mineral Resource For personal use only Maiden Mineral Resource Estimate of 661 koz 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
Slide 17: Appendix – Data Sources
APPENDIX 4 – DATA SOURCES For personal use only EV/Oz and Total Resource and Total Reserve Charts – Slide 12 - Resource data for the included companies is sourced from the following announcements or reports Company ASX Ticker Project Region Release Date Announcement /Report Challenger CEL Hualilan &
Slide 18: Tesoro Resources Limited
For personal use only Tesoro Resources 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
Tesoro Resources — Mines and Money Conference (September 2021) on 6ix