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Gold & silver

Tempus Resources returns more visible gold from drilling at Elizabeth

The company has observed several more grains of visible gold as it reaches the halfway mark of a drill program at Blackdome-Elizabeth that will form the basis of an updated NI43-101/JORC resource estimate.

Tempus Resources Ltd (ASX:TMR, TSX-V:TMRR) has observed several more grains of visible gold from drilling at the Elizabeth Gold Project in Southern British Columbia, Canada.

The visible gold is from drill hole EZ-22-03, which as reported on June 14, 2022, intersected two zones of quartz veining that show the presence of visible gold at a down-hole depth of approximately 96.9 to 97.3 metres and with a second observation of visible gold around 124.0 to 124.1 metres.

Read: Tempus Resources hits visible gold in Blue Vein discovery at Elizabeth Gold Project

The company has now observed more grains of gold, following the cutting of the core in preparation for assay on the inside of the cut core.

TMR does note that laboratory assays and analysis will be required to confirm the visual interpretations.

EZ-22-03. Blue Vein with visible gold in uncut core at 97 metres and 124 metres.

EZ-22-03. Blue Vein with visible gold in cut core at 97 metres.

Core being prepped for assay

TMR is now preparing to transport the core from the first three holes to SGS Laboratories in Vancouver for assay.

Results are expected in four to eight weeks.

The Blue Vein was discovered in 2021 (EZ21-12 including 1-metre at 33.7 g/t gold) with a total of seven holes intersecting the vein to date (including three holes with ‘bonanza’ grade intersections, ie, greater than 1 ounce per tonne). High-grade gold was identified over a strike length of more than 80 metres in 2021.

Around 15 holes have been planned this year to target the expansion of the Blue Vein high-grade gold mineralisation along strike and down dip. The drilling will test the Blue Vein gold mineralisation over a total strike length of about 400 metres.

Tempus is midway through a drill program at Blackdome-Elizabeth that will form the basis of an updated NI43-101/JORC resource estimate.

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