Open Pit & UG Potential - Tesoro Gold

Surface Gold to over 500m Depth, 1.4km long and 700m wide

Recent drilling highlights multiple new thick high-grade gold zones:

7.00m @ 66.10g/t Au; contained within 63.93m @ 7.61g/t Au;
10.60m @ 14.34g/t Au; contained within 63.60m @ 2.89g/t Au;
21.00m @ 5.26g/t Au; contained within 205.00m @ 0.96g/t Au;
17.50m @ 4.51g/t Au; contained within 40.00m; and
13.50m @ 15.84g/t Au; contained within 67.00m @ 3.44 g/t Au.

3D view lookng northwest of the Ternera updated MRE block model, USD1,800 pit shell and drilling with selected drill highlights (downhole width/Au g/t) showing extensions requiring further drilling for resource classification. Orange, red and pink blocks below the optimised pit shell are >1.50g/t and currently are not reported in this MRE. These areas highlight high grade extensions with future underground mining potential below the optimised pit shell. 100m grid.