Ann: Large surface gold target defined by trenching at Toro Gordo, page-3

1. Multiple wide mineralised zones have been delineated, associated with high frequency quartz veining, hematite and quartz breccias, and gold mineralised alteration zones within the Toro Gordo granodiorite. Surface gold mineralisation at Toro Gordo has now been delineated over an area covering approximately 650m by 500m, with mineralisation appearing to be continuous between the Ternera deposit and Toro Gordo
   
   “El Zorro continues to deliver exciting exploration results and these results from Toro Gordo further enhance the scale and prospectivity of the project. Surface gold mineralisation is now continuous from Toro Gordo, to the north of Ternera, over 1,500m of strike. To have results such as these consistently returned over a large area is encouraging and drilling is planned at Toro Gordo in early 2021. We are excited at what lies ahead for Tesoro in 2021, with continued drilling at Ternera, and multiple targets with extensive surface gold mineralisation, El Zorro is demonstrating its potential to be a significant district scale gold system.