Tag: Tempus Resources Ltd.

Tempus Resources (TMRR) reported assays from five final holes of the 28-hole 2021 drill program at its 100%-owned Blackdome-Elizabeth gold project in southern British Columbia. Two of these holes contained high-grade Au intersections from the Blue vein, initially discovered in September 2021. Meanwhile, two additional holes tested the undrilled portion of the SW vein, and the other hole tested the Ella zone. Going forward, drilling in 2022 will focus largely on further testing the Blue vein along strike to the northeast and down-dip. Overall, we believe these results are positive as they continue to delineate the recently discovered Blue vein. The wide step-out hole (EZ-21-20) did not encounter mineralization, but it does help define the extent of the SW vein. Additionally, we believe the exploration hole targeting the Ella zone is a positive result. Although the grade was on the lower end, it is an encouraging result for this first hole to encounter an Au-bearing vein in this underexplored area and is ultimately worthy of follow-up.

Tempus Resources (TMRR) reported assays of four additional holes from its 39-hole Phase 1 drill program (9,826m) at its flagship 100%-owned Blackdome-Elizabeth gold project in southern British Columbia. The results are from two holes each at the recently discovered Blue vein and the SW vein, two of the 6+ known gold-bearing veins on the Elizabeth project. The high grades of up to 13.4 g/t Au over 2.7m extended the Blue vein by ~40m, and the SW west by ~80m along strike. We view these results as positive as they continue to demonstrate continuity of both these veins. Although the gold grade is variable, this is in-line with past drilling and with expectations for this type of deposit. With Tempus stepping out along the Blue Vein and down-dip on the SW Vein, below historic drilling, we believe that continued drilling could add significantly to the resource on the property.