Tesoro Gold Ltd · ASX:TSO
Tesoro Gold — Tesoro Resources — Investor Presentation (April 2020)
19 slides from Tesoro Gold's investor presentation, Apr 22, 2020
Slide 1: El Zorro Gold Project Presentation April 2020
For personal use only El Zorro Gold Project Presentation April 2020 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 has been prepared by Tesoro Resources Limited (Tesoro or the Company). The information contained in the Presentation (Information) is summary only and sho
Slide 3: Emerging Precious Metals Developer Focused on Chile
EMERGING PRECIOUS METALS DEVELOPER FOCUSED ON CHILE For personal use only ▪ Focused on Chile, a 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 Zo
Slide 4: 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 5: El Zorro – Location
EL ZORRO GOLD PROJECT – LOCATION* ▪ Located in Region III (Atacama) Chile For personal use only ▪ 140km by road north of Copiapo ▪ 55km by road north of the port of Caldera ▪ Low altitude with existing infrastructure (water, roads, ports, power) ▪ JV signed with local vendor in 2017 ▪ Tesoro acceler
Slide 6: 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 7: 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 For personal use only deposit – MULTIPLE 100g/m Au INTERCEPTS ▪ Mineralised zone to date defined >750 metres, up to 100 metres thick, down to 30
Slide 8: El Zorro – Drilling Success
EL ZORRO GOLD PROJECT – DRILLING SUCCESS For personal use only ▪ Tesoro’s exploration model is generating positive results ▪ NW tending faults control gold mineralisation ▪ Tesoro is optimising drilling to target prospective structures ▪ Majority of project area has fresh rock outcrop to map & sampl
Slide 9: El Zorro – New Gold District Emerging
EL ZORRO – NEW GOLD DISTRICT EMERGING For personal use only ▪ Outcropping gold mineralisation has been identified at new prospects ▪ Surface channel sampling results include*: ▪ Buzzard - 26.00m @ 1.62g/t Au including 8.00m @ 3.08g/t Au ▪ Coquetas North – 16.60m @ 1.33g/t Au ▪ Gold mineralisation re
Slide 10: El Zorro – Immediate Newsflow
EL ZORRO – IMMEDIATE NEWSFLOW For personal use only ▪ COQUETAS CONTINUES TO GROW ▪ 10 HOLES COMPLETED ▪ AWAITING ASSAYS FOR 9 HOLES ▪ AWAITING CHANNEL SAMPLING ASSAYS ▪ POTENTIAL TO TRIPLE HIGH GRADE ZONE ▪ TEST DRONE HILL, BUZZARD, TORO BLANCO ▪ METALLURGICAL SAMPLE SUBMITTED ▪ RESOURCE ESTIMATION
Slide 11: 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 12: 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 13: 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 14: Tesoro – Near Term Program and Newsflow
TESORO – NEAR TERM PROGRAM and NEWSFLOW For personal use only April 2020 May 2020 June 2020 July 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 from mid
Slide 15: 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 Share price (AUD/sh) $0.08 over 15 years of experience in corp
Slide 16: 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 17: 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 For personal use only ZDDH0001 5.00 119.00 114.00 0.35 ZDDH0006 108.30 116.00 7.70 0.
Slide 18: Appendix: Coquetas Sections
APPENDIX 2 EL ZORRO GOLD PROJECT – COQUETAS SECTIONS B B’ For personal use only D D’ E E’ 012° C C’ 012° 012° *for full drill results see ASX:PKA Announcement of 5 August 2019 Tesoro Resources Corporate Presentation April 2020 18
Slide 19: 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 and • Attractive business environment
Tesoro Resources — Investor Presentation (April 2020) on 6ix