Tesoro Gold Ltd · ASX:TSO

Tesoro Gold — Tesoro Resources — Investor Presentation (September 2021)

15 slides from Tesoro Gold's investor presentation, Sep 28, 2021

  1. Slide 1: Developing El Zorro: Chile's Newest Gold Discovery

    For personal use only Developing El Zorro Chile’s Newest Gold Discovery Investor Presentation September 2021

  2. 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

  3. Slide 3: Investment Highlights

    Investment Highlights For personal use only • Preliminary works indicate an Chanaral Au uncomplicated, straightforward project in a world class mining jurisdiction. Cu/Fe • Tesoro holds one of the largest & most Cu prospective concession packages for gold TERNERA in Chile. • Strategically positioned

  4. Slide 4: 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 (1) Capital Structure Indicated Inferred Total ASX Share Price (2) A$0.105

  5. Slide 5: 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 John is a Partner at Azure Capital Limited with >15 million) & as a Director of Societe General’s Mining year

  6. Slide 6: El Zorro: Chile's Newest Gold Discovery

    El Zorro: Chile’s Newest Gold Discovery For personal use only (4) 341600mE 7036000mN 341800mE 7036100mN 342000mE 342200mE 7036400mN • TSO Drilling Tesoro Owns 85% of the El Zorro Gold Project. (1) 9 Mineralised intercept (m/Aug/t) 12 8 DH 19 9 Fault DH 14 ZD DH ZD • July 2021 Resource Estimate ZD Ma

  7. Slide 7: Enormous Exploration Potential

    Enormous Exploration Potential For personal use only PERMIT EXPLORATION TARGETS TERNERA EXPLORATION • Intrusive Related Gold System (IRGS) analogous to Tintina Province, (Fort Knox, Pogo, Brewery, Donlin). • <2% of 555km2 permit area drilled. • Ternera deposit open in all directions. • 6 Analogous P

  8. Slide 8: Recent Activity

    Recent Activity For personal use only Exploration Drilling Core Shed Local Workforce Ternera Drill Rigs in Operation 8

  9. Slide 9: Recent Exploration Highlights

    Recent Exploration Highlights For personal use only Ternera (1) Multiple new thick high grade gold zones contained in broad mineralised zones outside existing resource. • 21.00m @ 5.26g/t Au; contained within 205.00m @ 0.96g/t Au • 17.50m @ 4.51g/t Au; contained within 40.00m @ 2.11g/t Au Ternera Ea

  10. Slide 10: Exciting New Exploration Targets

    Exciting New Exploration Targets For personal use only • Drone Hill & Toro Blanco have same geology as Ternera and 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 Hi

  11. Slide 11: 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 Ternera repeats within the regional El Zorro concessions. • Complete scoping study & build organisational capability to progress El Zorro to production

  12. Slide 12: 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

  13. Slide 13: Appendix 2: Why Chile

    Appendix 2: 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 & prosperous nations, enabling the country to significantly reduce poverty. Chile’s GDP is expected to rebound to 5.5% in 2021 (1), on the back of gover

  14. Slide 14: 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

  15. Slide 15: 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

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