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Tempus (TSXV:TMRR) assays up to 28.1g/t gold at Elizabeth

Jonathon Brown Jonathon Brown, The Market Online
0 Comments| January 9, 2023

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  • Tempus Resources (TMR) reported assay results from the Elizabeth Gold Project in Southern British Columbia
  • The five drill-holes include the No. 9 Vein (EZ-22-20, EZ-22-22), Blue Vein (EZ-22-17, EZ-22-18), and the West / Main Vein (EZ-22-32)
  • EZ-22-20 saw multiple bonanza grade zones, including 28.1g/t gold over 28.50m from 84.40m
  • Tempus Resources Ltd. (TMR) was up 14.29 per cent, trading at C$0.08 per share as of 11 am ET

Tempus Resources (TMRR) reported assay results from the Elizabeth Gold Project in southern British Columbia.

The five drill holes include the No. 9 Vein (EZ-22-20, EZ-22-22), Blue Vein (EZ-22-17, EZ-22-18), and the West / Main Vein (EZ-22-32).

Highlights:

No. 9 Vein intersections –

  • EZ-22-20 – Multiple bonanza grade zones
    • 28.1g/t gold over 28.50m from 84.40m, including:
      • 167.1g/t gold over 1.35m from 94.65m;
      • 175.2g/t gold over 1.08m from 97.00m; and
      • 35.2g/t gold over 3.65m from 104.35m, and
    • 4.2g/t gold over 6.75m from 209.55m, including:
      • 35.6g/t gold over 1.31m from 209.55m
  • EZ-22-22 – Multiple bonanza and high-grade gold zones in sheeted quartz
    • 49.4g/t gold over 1.15m from 80.85m, and
    • 4.8g/t gold over 1.42mm from 141.00m, including:
      • 9.5g/t gold over 0.72m from 141.70m
  • Blue Vein Intersections –
    • EZ-22-18 – 47.6g/t gold over 1.00m from 142.95m, including:
      • 79.1g/t gold over 0.60m from 143.35m
    • EZ-22-17 – Multiple bonanza, high-grade and significant zones in sheeted quartz veins
      • 0.44g/t gold over 1.07m from 96.20m, and
      • 33.2g/t gold over 0.37m from 149.88m, including:
        • 55.5g/t gold over 0.22m from 149.88m
      • 1.8g/t gold over 0.65m from 156.90m
      • 0.5g/t gold over 0.62m from 160.80m, and
      • 4.4g/t gold over 0.25m from 174.00m

West / Main Vein Intersections –

  • EZ-22-32 – 1.5g/t gold over 1.98m from 254.38m, including 2.1g/t gold over 1.15m from 254.70m, and 0.6g/t gold over 1.64m from 434.61m

President and Chief Executive Officer Jason Bahnsen called the assay results extraordinary, one of the best intersections he has seen in his 30-plus year career. Hole 20 sets a new record in terms of combined grade and thickness for the Elizabeth Project.

“The bonanza and high-grade zones of the No.9 Vein and the Blue Vein have now been extended to over 150 metres each in strike. Structurally it is possible that the No. 9 and Blue Veins join together with the potential for additional gold mineralization to cumulate in the area of the intersection and with further extensions along strike to the southwest.”

Click to enlarge
Source: Tempus Resources Ltd.

Largely unexplored, the Main Vein and the West Vein haven’t seen any drilling to the southern extension of these vein structures. These results increase the total strike length of the gold mineralization of the West / Main Veins to 400 metres.

Tempus is a gold exploration company actively exploring projects located in Canada and Ecuador.

Tempus Resources Ltd. (TMRR) was up 14.29 per cent, trading at C$0.08 per share as of 11 am ET.




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