Tesoro Gold (ASX:TSO) reported its ongoing infill and extensional drilling program at the El Zorro gold project in Chile revealed a high-grade gold zone, according to a Thursday filing with the Australian bourse.
The new zone, located approximately 50 meters below the current mineral resource estimate boundary, returned an intercept of 132.18 meters at a grade of 1.28 grams per tonne of gold from a depth of 363 meters, including 32.20 meters at 3.28 g/t of gold from 371.30 meters.
Assay results were reported from eight diamond drilling holes as part of the ongoing program and the firm is awaiting assays from thirteen holes.
The firm is planning additional drilling as part of its current program to further define and expand the zone, according to Zeff Reeves, the firm's managing director.
The firm's shares rose 14% on market close.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。