ASX:TMR

Further Drill Results Highlight Blue Vein Potential

Tempus Resources Ltd ("Tempus" or the "Company") (ASX: TMR, TSX.V: TMRR, OTC: TMRFF) is pleased to announce further assay results from drill-holes from its Elizabeth Gold Project in British Columbia, Canada. Drill holes being reported in this release are EZ-21-15, EZ-21-16, EZ-21-17, EZ-21- 18, and EZ-21-19. The drill holes targeted the SW Vein at a vertical depth below 200 metres and the Blue Vein (EZ-21-19).

HIGHLIGHTS

  • Assays received for the first follow-up drill-hole on the Blue Vein (drill-hole EZ-21-19) in the vicinity of the' bonanza' grade discovery hole(drill-holeEZ-21-12, announced on 21 October) demonstrate high grade mineralisation continues downdip.
  • Multiple high grade intersections were encountered in drill-holeEZ-21-19:
    • 0.50m at 4.52g/t Au from 127.50m;
    • 1.50m at 4.25g/t Au from 129.00m; and
    • 0.90m at 6.14g/t Au from 167.80m
  • Assay results have now been received for three drill holes that intersected the Blue Vein located approximately 150 metres NW of the SW Vein (EZ-21-09, EZ-21-12, EZ-21- 19). The results to date show continuity of the Blue Vein over a strike length of at least 380 metres and demonstrates continuity downdip.
  • The results from EZ-21-19 indicate the potential for the Blue Vein to be a source of new Mineral Resources at Elizabeth Gold Project.
  • More broadly, the discovery of the Blue Vein and continued success in demonstrating its mineralised content, highlight the potential for multiple vein sets at the Elizabeth Project. Multiple identified veins are yet to be drilled (No 9 Vein, Main Vein and West Vein) and there's great potential for additional new veindiscoveries.
  • Tempus has suspended drilling at Elizabeth for the season, pending the approval of the Notice of Work amendment for extension of the Lower Portal adit access for underground drilling – A total of 28 drill-holes over approximately 7,740 metres were completed during 2021. Assays are pending for nine drill holes from the 2021 drill program, including four drill holes that intersected the Blue Vein (EZ-21-24, EZ-21-25, EZ-21-26, EZ-21-27), which are expected to be received in tranches over the next 12 weeks.

Tempus President and CEO, Jason Bahnsen commented:

"The assay results for drill hole EZ-21- 19 show continued high-grade gold mineralisation down dip of the previously reported 'bonanza' grade intersection at the newly discovered Blue Vein. Assays have now been received for three out of the seven drill holes that have intersected the Blue Vein. With the historic resource at Elizabeth largely centred on the SW Vein, the Blue Vein holds significant potential for expanding the current resource base for the project."

Click here for the full ASX Release

This article includes content from Tempus Resources, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

TMR:AU
The Conversation (0)
Tempus Resources

Tempus Resources

Exploration in Established Gold Trends in Canada and Ecuador

Exploration in Established Gold Trends in Canada and Ecuador Keep Reading...
Two people shaking hands over a desk with documents and a notebook.

CMOC to Acquire Equinox Gold’s Brazilian Assets for US$1.015 Billion

China’s CMOC Group (OTC Pink:CMCLF) has agreed to buy a portfolio of gold assets in Brazil from Canada’s Equinox Gold (TSX:EQX,NYSEAMERICAN:EQX) for US$1.015 billion, CMOC said Monday (December 15) that it will acquire 100 percent of Equinox Gold’s Brazilian operations, comprising the Aurizona... Keep Reading...
Walker Lane Announces Board Update

Walker Lane Announces Board Update

TSX-V: WLR Frankfurt: 6YL Walker Lane Resources Ltd. (TSXV: WLR,OTC:CMCXF) (Frankfurt: 6YL) "Walker Lane") announces the resignation of John Land as a Director of the Company and the appointment of Mr. Kevin Brewer, Director and CEO as interim Chairman of the Board. The Board wishes to thank Mr.... Keep Reading...
Centurion Minerals Ltd. Provides Status Report of Annual Financial Statements and MD&A

Centurion Minerals Ltd. Provides Status Report of Annual Financial Statements and MD&A

Centurion Minerals Ltd. (TSXV: CTN) ("Centurion" or the "Company") provides this bi-weekly default status report in accordance with the alternative information guidelines set out in National Policy 12-203 - Management Cease Trade Orders ("NP 12-203").The Company previously announced on November... Keep Reading...
Peter Grandich, gold bars.

Peter Grandich: Gold, Silver, Copper in 2026, Plus My Strategy Now

Peter Grandich of Peter Grandich & Co. shares his key takeaways on the resource sector in 2025, as well as his investing strategy for 2026. In his view, capital preservation — not appreciation — will be most important.Don't forget to follow us @INN_Resource for real-time updates!Securities... Keep Reading...
Two gold bars on a bed of gold nuggets.

Top 5 Gold News Stories of 2025

2025 was a watershed year for gold, which set new highs as its safe-haven appeal increased. As global uncertainty intensified, the metal began to receive mainstream attention as a standout asset. With the year set to mark one of gold’s strongest annual performances in decades, it’s a fitting... Keep Reading...
High grade drill results extend gold mineralisation at Mt Wandoo

High grade drill results extend gold mineralisation at Mt Wandoo

Green & Gold Minerals Limited (ASX:GG1) is pleased to announce final gold results from the recent Wandoo drill program at the Chillagoe Gold Project. The Mt Wandoo and Little Wandoo prospects are located within granted mining leases with mineralisation commencing at surface. The Company is... Keep Reading...

Latest Press Releases

Related News