El Zorro, an emerging IRGS (Birds eye View), page-227

Assays for hole 166 today. Coupled with hole 149 released a few weeks ago, it is showing mineralisation nearly half a km away from Ternera. Considering this is an Intrusive Related Gold System (IRGS), the massive upside to this project remains i.e Large, open-pit, high tonnage low grade. Plenty of infilling being undertaken to move the resource to 1Moz by October/November and Ternera East now being targeted with 2 rigs full time.

Below diagram showing;

1. Outstanding collar locations in yellow, all drills azimuth are 240 degrees. Note, I have not included hole 208 as I think they've made a typo with the lat/long location (It's exactly the same has hole 207).

2. Hole 106, which was re-entered towards the end of April has been included in todays Ann. No tabular results yet, just what was on the sectional diagram.

3. 100g/m+Au intercepts in Red as usual, including holes 51(93g/m Au) and 149 which were reported with visible gold.




Same diagram with the geological model overlayed...



This diagram with the GAIP diagram overlayed. District scale...



GAIP chart overlayed a bit closer in...


I'm sort of wondering when they will begin to target the southern part of Ternera East with some of the rigs being used for extensional drilling. A large GAIP anomaly down there. Drone Hill and Toro Blanco look incredibly juicy as well....but, one thing at a time.

M8