Tempus (ASX: TMR) strike more ‘bonanza’ gold at Elizabeth project
September 23, 2022Tempus Resources have continued a golden run with three more drill holds showing up to 85 grammes per tonne of gold at its Elizabeth Gold Project in the Canadian province of British Columbia.
Drill holes EZ-22-11, EZ-22-12, and EZ-22-13 are the latest seven drill holes showing outstanding grades along the extension of the Blue Vein gold mineralisation, with all three drill holes intersected wide zones of quartz veining with gold mineralisation.
Notably, drill-hole EZ-22-11 intersected multiple layered zones of quartz veining over approximately 96 metres from 102.50 metres to 193.82 metres, including a grade intersection of 11.75g/t gold over 2.30 metres from 102.45 metres, including o 85.20g/t gold over 0.30 meter from 103.15 meters.
The results in EZ-22-11 extend the interpreted high-grade strike length for Blue Vein by 80 metres to approximately 180 metres, comparing very favourably to the strike extent of the high-grade chutes on Southwest Vein of roughly 80 metres combined, which contained almost 70 per cent of the historical mineral resource for Elizabeth.
EZ-22-12 intersected multiple zones of quartz veining with anomalous gold mineralisation over approximately 75 metres from 137.0 metres, with more notable intersections that included 1.26 g/t gold over 1.68 metres from 137.65 metres.
“The high-grade Blue Vein gold mineralisation zone has now been extended to approximately 180 metres strike length with the overall thickness of the quartz vein structure increasing in apparent thickness as the drilling moves north east,” President and CEO, Jason Bahnsen, said.
Drilling Results
- 1.62g/t gold over 0.25 metres from 108.50 metres, and
- 1.03g/t gold over 0.27 metres from 111.00 metres, and
- 15.30g/t gold over 0.11 metres from 112.34 meters, and
- 1.49g/t gold over 0.18 metres from 196.42 metres, and
- 1.95g/t gold over 0.17 metres from 215.83 metres
Next Steps
The company is exending its program up to an execpted 40 drill-holes for approximately 2,000 extra metres.
The Company’s ASX shares will open at 6.2c.
About Blue Vein
The Blue Vein was discovered in late 2021 (EZ-21-12 including 1.0m at 33.7g/t gold), with assay results now received for 13 holes in 2022 plus 7 holes in 2021 for a total of 20 drill holes intersecting the Blue Vein to date (including seven holes with ‘bonanza’ grade intersections, i.e., greater than 1oz per tonne), high-grade gold mineralisation has now been defined over a strike length of over 200 metres and a vertical distance of up to 15 metres, with a high and ‘bonanza’ grade chute interpreted over the first 180 metres of that strike length. The 2022 drilling program has been upsized and continues to test the Blue Vein structure over a total strike length of approximately 400 metres.
About Tempus Resources
Tempus Resources Limited is an exploration company, established with the purpose of exploring and developing gold, silver, and copper mineral opportunities.
The Company was incorporated as an unlisted public company limited by shares on the 18thof April 2018, for the primary purpose of acquiring a 90% interest in Montejinni Resources Pty Ltd, which is the registered holder of EL31539 (the Montejinni Project) in the Northern Territory and EL 6153 (the Claypan Dam Project) in South Australia.
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