TSO 3.70% 2.6¢ tesoro gold ltd

Hi guys.The latest collar locations from todays Ann. 1....

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    Hi guys.

    The latest collar locations from todays Ann.



    https://hotcopper.com.au/data/attachments/3263/3263257-eacb143228dc9088f08bafa0b2706fb1.jpg
    1. WHITE----Location of holes with results announced today, the 11th June 2021 (Holes 124,125,126,127)
    2. RED---100g/m+ Au drill intercepts by TSO so far in (Includes Hole 51----VISIBLE GOLD) and Hole 124 today!
    3. GREEN---Location of holes drilled since the last drill Announcement and awaiting results (Holes 151-171)
    4. YELLOW--Location of older holes with pending results.(Holes 113,128-150)
    5. PURPLE--Location of holes that have been further extended by 200m. (Holes 105,106,108,109)

    A very timely Ann today with the 14th Au 100g/m+ intercept (Hole 124)

    If we overlay todays PLAN VIEW onto the above map, we get this...

    https://hotcopper.com.au/data/attachments/3263/3263275-8a31582b158d26814f0275de29510d22.jpg

    Which, as Zeff says...

    "Modelling has enhanced the understanding of the occurrence of high-grade gold zones within the Ternera Deposit and the importance of north trending fault zones and their associated northwest trending secondary faults. To date four, strike extensive high-grade zones have been delineated at Ternera, each >600m in strike."

    It should be noted that Hole 149 (A step out hole to the extreme east) has been extended by 270m from when it was first announced a few weeks ago. Are they correcting an error in reporting or at the time of reporting had they only completed part of the hole? Maybe they found something and re-entered it?

    Which then got me thinking about the concentration of Au 50g/m+ intercepts as well as the 100g/m+ we usually focus on...

    https://hotcopper.com.au/data/attachments/3263/3263287-6350339eeba6026f149c0c45c69404cc.jpg

    The area within the red boundary above incapsulates the Au 50g/m+ intercepts as well as the Au 100g/m+ intercepts. (Excuse me using 'acres'...old habit )

    Again, as Zeff says...

    "The mineralised system at Ternera is now >1km in strike length, >500m wide and has been drilled to >400m below surface and remains open in all directions."

    Then, when we add the 50 odd pending results, which of course won't all be Au 50g/m+ or more, but we get this...

    https://hotcopper.com.au/data/attachments/3263/3263286-799f0dc5c067ded112c82c10271aee69.jpg
    The area in question almost triples in size!

    TSO is peppering the NE and the SW zones quite nicely. Hopefully, the pending assays will successfully advance us out to this blue line. The company has said that it has "significantly advanced modelling" of the Ternera deposit hence my confidence as to where this is all going.

    This has to be a long term play everyone...It's blatantly obvious that we have a sizeable deposit here at Ternera, and if these trending, high grade North South faults keep bearing fruit, then the sky in the limit...all IMO

    M8










    .
    Last edited by mach8: 11/06/21
 
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