TSO 0.00% 2.6¢ tesoro gold ltd

Interesting announcement... Was definitely expecting more holes...

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    Interesting announcement... Was definitely expecting more holes to be reported however it seems the labs may be busier than usual(maybe even running out of storage with all our cores!)

    Hole 51
    Visible gold on a step out hole for such a large interval is very good news! This hole is targeting CC faults 425-400-375. I wouldn't be surprised to see the upper section(yellow circle) of this hole return mineralised based on the IP anomaly that looks to be constrained between faults 400-425. We also know that the faults are interconnected by sheeted veins and I suspect the sheeted veins will be better developed/mineralised where the fault forks out like this. The deeper section targets the next fault after 400 that doesn't yet have a number provided by the company. As it's after 375, let's go with 385.

    The red circles below shows holes that have intercepted CC385 at depth. Hole 24 at 3.06 g/t for 14m and hole 32 at 1.39 g/t for 12m plus smaller intercepts of higher grades. It's looking likely that we have some thick high grade zones between faults 375 & 385 for a decent length. Holes to look out for targeting this area are 34,36,43,45,46,48 & 53.
    https://hotcopper.com.au/data/attachments/2481/2481999-4230a3632b83df49c9a608f6d0141b80.jpg
    https://hotcopper.com.au/data/attachments/2481/2481917-acfee3cdc85ea72e4549dc0ca722b421.jpg

    Take this next bit with a grain of salt as hole 51 is a fair way away(~280m) from the DDIP plane that was surveyed but maybe, the visible gold we are seeing correlates with proximity to the anomaly at depth(assuming the anomaly extends out towards hole 51). It's the closest we have drilled(hole 24 approaches and hole 32 is also close both with decent intercepts) and it looks like hole 53 may have been placed to target this area to confirm this. Note the below only shows the 5 new holes that were added plus previous results.

    https://hotcopper.com.au/data/attachments/2482/2482042-e66c49a3f8ef65c79942f46cf1db7619.jpg

    With all the holes drilled so far now. Majority of those holes at depth targeting the anomaly zone are between CC 350 & 385 supporting the deep high grade zone between these faults that could extend out to hole 51. Then there's hole 44 targeting the same anomaly at depth 500m away from hole 51. Again grain of salt...

    https://hotcopper.com.au/data/attachments/2482/2482114-c179dcc3287ff2707c2d400c1927d21f.jpg

    I'll give my 2c on hole 42 tomorrow.

 
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