TSO 0.00% 3.7¢ tesoro gold ltd

G'day guys.Updates to the 'Birds Eye View' from todays Ann.All...

  1. 340 Posts.
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    G'day guys.

    Updates to the 'Birds Eye View' from todays Ann.

    All results announced today (Holes 171-177) have drill azimuths shown.

    All results outstanding have an azimuth of 240 degrees. The company reckons 47 drills outstanding but I can only see 45. The Ann did specify that extensional drilling was taking place at Drone Hill so I'm thinking that at least 2 holes, that have not been identified have been/ or are in the process of being drilled here-Awesome!

    As usual, hole's in red indicate 100g/m+ Au hits. I've included hole 51 (93 g/m Au) and hole 149 as these two contained announced visible gold.

    Image below shows the collar locations overlayed with the MRE zones (Pink=Indicated resource area and Blue=Inferred resource area).

    https://hotcopper.com.au/data/attachments/3517/3517297-3c00684baa7097ccd911dc03a114f180.jpg

    https://hotcopper.com.au/data/attachments/3517/3517303-e12a5c1a4502a0fec86ef881785dea72.jpg

    If you're interested, here's the geological map overlayed as well.

    https://hotcopper.com.au/data/attachments/3517/3517333-dff5b3b6924cecf9a90a5d5f24727c50.jpg

    It's great to see the MRE resource growing with these solid results. If the average resource addition per hole is averaging around 5000oz (according to Zeff), then we see with these 70 odd holes drilled since the MRE, that we are now close to 1Moz (IMO).

    Finally, the deposit is open in ALL directions. We haven't even scratched the surface of Drone Hill, Toro Gordo and Toro Blanco. Let alone Buzzard which has plenty of mineralised surface sampling results of note.

    I can't believe this stock is sitting at 10-11c.

    Have fun.

    M8

 
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