Tempus (ASX:TMR) strike big at Elizabeth Gold
January 9, 2023Tempus Resources has reported up to 28.1g/T over more than 28 metres at the Elizabeth Gold Project in Southern British Columbia.
The five drill-holes include multiple bonanza grade zones, 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
The No.9 Strike wide high grade zone remains open at 150m with open target areas to the south and south-west of the current drilling.
“Today we released the assay results for five drill-holes including No. 9 Vein drill-hole EZ-22-20, which was extraordinary, intersecting 28.1g/t gold over 28.5 metres, certainly one of the best intersections I have seen during a +30 year career.
“Hole 20 sets a new record in terms of combined grade and thickness for our Elizabeth Project.
“The bonanza and high-grade zones of both 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 mineralisation to cumulate in the area of the intersection and with further extensions along strike to the south-west.”
Price Action
The Company’s shares have surged 48.9 per cent to 7.9c in early trade.
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