denmarkbased templafy 60m blue ventures 125mbutchertechcrunch

Tempus Closes A $1.9 Million Private Placement

Tempus Resources Ltd (“Tempus” or the “Company”) (ASX:TMR)(TSX.V:TMRR) is pleased to announce that it has closed the non-brokered private placement announced on 23 April 2021 (the “Placement

The Placement has been completed utilising the Company’s available capacity under ASX Listing Rules 7.1 and 7.1A. It includes two tranches: Tranche 1, which consists of 6,037,736 ordinary shares issued on 12 May, 2021, as “Canadian flow-through shares” at a price of C$0.155 (approximately A$0.163) per share for proceeds of approximately C$935,849; and Tranche 2, which consists of 6,065,425 ordinary shares issued on 30 April 2021 at a price of A$0.145 (approximately C$0.138) per share for proceeds of approximately A$879,487. The total proceeds from both Tranche 1 and Tranche 2 of the Placement are approximately A$1,866,149 (C$1,770,042). Following the completion of the Placement, the Company has 98,744,613 shares on issue.

The Tranche 1 Placement shares have been issued as “Canadian flow-through shares” and qualify as such under the Income Tax Act (Canada), which provides tax credits for investors in qualifying mining and exploration activities. The proceeds of these will be exclusively used to incur eligible Canadian exploration expenses that are “flow-through mining expenditures” (as such terms are defined in the Income Tax Act (Canada)), related to exploration of the Company’s Blackdome-Elizabeth Gold Project in British Columbia, Canada. The shares issued in the Tranche 1 Placement will have a standard hold period of 4 months plus one day and will be available for trading on 13 September, 2021.

Proceeds of Tranche 2 are available for expenditure on the Company’s Ecuador projects and for general corporate purposes. Shares issued under Tranche 2 do not carry any holding restrictions.

The Company has received conditional acceptance of the TSX Venture Exchange (the “TSXV Exchange”) to complete the Placement, which remains subject to final TSXV Exchange approval.

In relation to the completion of Tranche 1 of the Placement, the Company has agreed to pay Clarus Securities Inc. and Haywood Securities Inc. and Beacon Securities Limited, subject to final TSX.V Exchange approval, aggregate cash finder’s commissions of approximately C$56,151 and 362,264 non transferrable share purchase warrants (“Finders Warrant”). Each Finder Warrant entitles the holder the right to purchase one ordinary share of the Company for a price of C$0.155 for a period of 24 months from the date of issue.

In relation to the completion of Tranche 2 of the Placement, the Company has agreed to pay Aesir Corporate Pty Ltd, subject to final TSX.V Exchange approval, aggregate cash finder’s commissions of approximately A$52,769 and 1,516,356 non transferrable options (“Finders Options”).

Each Finder Option entitles the holder the right to purchase one ordinary share of the Company for a price of A$0.30 for a period of 24 months from the date of issue. The Tranche 2 Finders Options are subject to Tempus shareholder approval.

This announcement has been authorised by the Board of Directors of Tempus Resources Ltd.

For further information:

Tempus Resources LTD

Melanie Ross – Director/Company Secretary Phone: +61 8 6188 8181

About Tempus Resources Ltd

Tempus Resources Ltd (“Tempus”) is a growth orientated gold exploration company listed on ASX (“TMR”) and TSX.V (“TMRR”) stock exchanges. Tempus is actively exploring projects located in Canada and Ecuador. The flagship project for Tempus is the Blackdome-Elizabeth Project, a high grade gold past producing project located in Southern British Columbia. Tempus is currently midway through a drill program at Blackdome-Elizabeth that will form the basis of an updated NI43-101/JORC resource estimate. The second key group of projects for Tempus are the Rio Zarza and Valle del Tigre projects located in south east Ecuador. The Rio Zarza project is located adjacent to Lundin Gold’s Fruta del Norte project. The Valle del Tigre project is currently subject to a sampling program to develop anomalies identified through geophysical work.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the ‎‎‎policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this ‎‎‎release.‎

Forward-Looking Information and Statements

This press release contains certain “forward-looking information” within the meaning of applicable ‎Canadian securities ‎legislation. Such forward-looking ‎information and forward-looking statements are not ‎representative of historical facts or information or current ‎condition, but instead represent only the ‎Company’s beliefs regarding future events, plans or objectives, many of ‎which, by their nature, are ‎inherently uncertain and outside of Tempus’s control. Generally, such forward-looking ‎information or ‎forward-looking statements can be identified by the use of forward-looking terminology such as ‎‎”plans”, ‎‎”expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, ‎‎‎”anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or may ‎contain ‎statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be ‎taken”, “will continue”, ‎‎”will occur” or “will be achieved”. The forward-looking information and forward-‎looking statements contained herein ‎may include, but are not limited to, the ability of Tempus to successfully achieve business ‎objectives, ‎and expectations ‎for other economic, ‎business, and/or competitive factors.‎ Forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of Tempus to control or predict, that may cause Tempus’ actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein and the other risks and uncertainties disclosed under the heading “Risk and Uncertainties” in the Company’s Management’s Discussion & Analysis for the quarter and six months ended December 31, 2020 dated February 16, 2021 filed on SEDAR. Should one or more of these risks, uncertainties or other factors materialize, or should assumptions ‎underlying the ‎forward-looking information or statements prove incorrect, actual results may vary ‎materially from those described ‎herein as intended, planned, anticipated, believed, estimated or ‎expected.‎ Although Tempus believes that the assumptions and factors used in preparing, and the expectations ‎contained ‎in, the forward-looking information and statements are reasonable, undue reliance should not ‎be placed on such ‎information and statements, and no assurance or guarantee can be given that such ‎forward-looking information and ‎statements will prove to be accurate, as actual results and future events ‎could differ materially from those anticipated ‎in such information and statements. The forward-looking ‎information and forward-looking statements contained in this ‎press release are made as of the date of ‎this press release, and Tempus does not undertake to update any ‎forward-looking information ‎and/or forward-looking statements that are contained or referenced herein, except in ‎accordance with ‎applicable securities laws. All subsequent written and oral forward-looking information and ‎statements ‎attributable to Tempus or persons acting on its behalf are expressly qualified in its entirety by this ‎‎notice.‎

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Tempus Resources Ltd

View source version on accesswire.com:
https://www.accesswire.com/647364/Tempus-Closes-A-19-Million-Private-Placement

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tsxv:tmrr gold investing

TMRR:CA

Further Drill Results Highlight Blue Vein Potential

Tempus Resources Ltd (" Tempus " or the " Company ") (ASX:TMR)(TSXV:TMRR)(OTCQB: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

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Maritime Resources Announces an up to $10 Million Best Efforts Private Placement Financing

Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce that it has entered into an agreement with Paradigm Capital Inc. ("Paradigm") as lead agent and sole bookrunner, for and on behalf of a syndicate of agents (collectively, the "Agents"), in connection with a proposed best efforts private placement offering (the "Offering") of up to 8,850,000 common shares in the capital of Maritime (the "Offered Securities") to be issued at $1.13 per Offered Security (the "Issue Price") for gross proceeds of up to $10,000,500.

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Hole ID	From (m)	To (m)	Interval (m)	True Thickness (m)	Gold Grade (g/t Au)	MET Screen Grade (g/t Au)
EZ-21-09	58.60	59.10	0.50	0.43	0.31	Not Performed
EZ-21-12	117.80	118.80	1.00	0.85	47.6	33.7
and	130.70	131.20	0.50	0.43	26.4	Not Performed
and	163.90	164.40	0.50	0.43	5.50	8.41
EZ-21-19	127.50	128.00	0.50	0.43	4.52	Not Performed
and	129.00	130.50	1.50	1.28	4.25	Not Performed
and	167.80	168.70	0.90	0.76	4.50	6.14
EZ-21-24	pending
EZ-21-25	pending
EZ-21-26	pending
EZ-21-27	pending

		UTM	UTM
Hole ID	Target	Easting (NAD83	Northing (NAD83	Elevation (m)	Length (m)	Azimuth	Dip
		Z10)	Z10)
EZ-21-01	SW Vein	531203	5653771	2400	105	121	-52
EZ-21-02	SW Vein	531203	5653771	2400	132	146	-55
EZ-21-03	SW Vein	531203	5653771	2400	111	158	-47
EZ-21-04	SW Vein	531203	5653771	2400	135	168	-58
EZ-21-05	SW Vein	531078	5653776	2400	561	123	-48
EZ-21-06	SW Vein	531078	5653776	2400	255	110	-55
EZ-21-07	SW Vein	531203	5653771	2400	126	115	-75
EZ-21-07b	SW Vein	531203	5653771	2400	186	115	-75
EZ-21-08	SW Vein	531195	5653839	2427	231	115	-68
EZ-21-09	SW Vein	531200	5654020	2330	360	120	-48
EZ-21-10	SW Vein	530953	5653772	2390	354	127	-50
EZ-21-11	SW Vein	530953	5653772	2390	381	136	-50
EZ-21-12	SW Vein	530953	5653772	2390	375	125	-45
EZ-21-13	SW Vein	530919	5653596	2300	261	94	-45
EZ-21-14	SW Vein	530919	5653596	2300	261	108	-55
EZ-21-15	SW Vein	530919	5653596	2300	330	100	-55
EZ-21-16	SW Vein	530919	5653596	2300	330	83	-48.5
EZ-21-17	SW Vein	530919	5653596	2300	414	98	-63
EZ-21-18	SW Vein	530919	5653596	2300	351	128.5	-63
EZ-21-19	SW Vein	530953	5653772	2390	417	129	-58
EZ-21-20	SW Vein	530849	5653432	2260	300	129	-45
EZ-21-21	East Veins	531695	5653463	2120	357	90	-45
EZ-21-22	SW Vein	531195	5653839	2427	188	75	-45
EZ-21-23	SW Vein	531695	5653463	2120	165	91	-45
EZ-21-24	Blue Vein	530953	5653772	2390	219	84	-54
EZ-21-25	Blue Vein	530953	5653772	2390	201	105	-58
EZ-21-26	Blue Vein	530953	5653772	2390	198	95	-45
EZ-21-27	Blue Vein	530953	5653772	2390	195	150	-60
EZ-21-28	No.9 Vein	530953	5653772	2390	321	300	-55

Hole ID	From (m)	To (m)	Interval (m)	True Thickness (m)	Gold Grade	MET Screen Grade	Vein
EZ-21-01	94.00	96.60	2.60	2.21	4.60	5.12	SW Vein
and	83.50	84.00	0.50	0.43	20.50	pending	SW Vein
EZ-21-02	102.40	109.00	6.60	5.61	8.40	pending	SW Vein
including	105.40	106.50	1.10	0.93	46.30	pending	SW Vein
EZ-21-03	88.60	95.00	6.40	5.44	7.22	pending	SW Vein
including	89.30	91.90	2.60	2.21	11.80	pending	SW Vein
and	90.00	91.30	1.30	1.11	19.80	pending	SW Vein
and	34.70	35.20	0.50	0.43	3.15	pending	SW Vein
EZ-21-04	122.00	126.00	4.00	3.40	31.20	34.40	SW Vein
including	123.00	124.50	1.50	1.28	52.10	68.30	SW Vein
including	124.00	124.50	0.50	0.43	72.00	87.30	SW Vein
EZ-21-05	134.00	135.00	1.00	0.85	1.38	not performed	7 Vein
	217.55	218.25	0.70	0.59	1.74	1.67	SW Vein
and	256.00	256.50	0.50	0.43	1.03	0.89	SW Vein
and	554.85	555.35	0.50	0.43	0.24	not performed	West Vein
EZ-21-06	134.50	136.00	1.50	1.28	1.10	1.71	7 Vein
and	245.00	246.00	1.00	0.85	2.05	2.45	SW Vein
EZ-21-07	Hole lost
EZ-21-07B	40.10	41.10	1.00	0.85	4.88	not performed	7 Vein
and	51.50	52.20	0.70	0.60	9.06	not performed	7 Vein
and	160.00	165.75	5.75	4.89	0.53	0.70	SW Vein
EZ-21-08	196.25	202.40	6.15	5.23	0.65	0.66	SW Vein
and	226.60	227.10	0.50	0.43	1.54	1.85	SW Vein
EZ-21-09	58.60	59.10	0.50	0.43	0.31	not performed	Blue Vein
and	270.90	272.90	2.00	1.70	2.56	not performed	SW Vein
and	355.88	357.00	1.12	0.95	0.85	not performed	SW Vein
EZ-21-10	223.00	223.50	0.50	0.43	4.04	not performed	7 Vein
and	347.70	349.20	1.50	1.28	0.22	0.21	SW Vein
EZ-21-11	326.90	327.40	0.50	0.43	0.55	0.44	SW Vein

Hole ID	From (m)	To (m)	Interval (m)	True Thickness (m)	Gold Grade	MET Screen Grade	Vein
EZ-21-12	117.80	118.80	1.00	0.85	47.6	33.7	Blue Vein
and	130.70	131.20	0.50	0.43	26.4	not performed	Blue Vein
and	163.90	164.40	0.50	0.43	5.50	8.41	Blue Vein
and	344.90	347.00	2.10	1.79	0.78	1.22	SW Vein
EZ-21-13	230.70	232.60	1.90	1.62	0.76	0.71	SW Vein
EZ-21-14	224.00	224.90	0.90	0.77	1.63	1.15	SW Vein
EZ-21-15	318.40	320.80	2.40	2.04	0.31	not performed	SW Vein
including	320.30	320.80	0.50	0.43	1.14	not performed	SW Vein
EZ-21-16	305.00	306.90	1.90	1.61	0.55	not performed	SW Vein
EZ-21-17	171.00	171.50	0.50	0.43	0.14	0.57	Vein
and	204.00	204.60	0.60	0.51	0.53	not performed	vein
and	254.60	256.85	2.25	1.91	1.40	1.58	7 Vein
and	350.13	350.75	0.62	0.53	1.01	not performed	SW Vein
and	379.47	382.00	2.53	2.15	0.63	0.64	SW Vein
EZ-21-18	299.50	299.90	0.40	0.34	1.53	not performed	SW Vein
EZ-21-19	127.50	128.00	0.50	0.43	4.52	not performed	Blue Vein
and	129.00	130.50	1.50	1.28	4.25	not performed	Blue Vein
and	167.80	168.70	0.90	0.76	4.50	6.14	Blue Vein
and	351.80	354.90	3.10	2.63	0.34	not performed	SW Vein

Criteria	JORC Code explanation	Commentary
Sampling techniques	Nature and qualityof sampling (eg cut channels, random chips, or specific specialised industry standard measurement tools appropriate to the minerals under investigation, such as down hole gammasondes, or handheld XRF instruments, etc).These examples shouldnot be taken as limiting the broad meaningof sampling. Include reference to measures taken to ensuresample representivity and the appropriate calibration of any measurement tools or systemsused. Aspects of the determination of mineralisation that are Materialto the Public Report. In cases where ‘industry standard' work has been done this would be relatively simple(eg ‘reverse circulation drilling was used to obtain1 m samples from which 3 kg was pulverised to produce a 30 g charge for fire assay'). In other cases more explanation may be required, such as where there is coarse gold that has inherent sampling problems. Unusual commodities or mineralisation types(eg submarine nodules) may warrant disclosure of detailed information.	HQ (63.5 mm) sized diamondcore using standardequipment. Mineralised and potentially mineralised zones, comprising veins, breccias, and alteration zoneswere sampled. Samples were half core. Typical core samples are 1m in length. Core samples sent to the lab will be crushedand pulverized to 85% passing75 microns. A 50g pulp will be fire assayedfor gold and multi-element ICP.Samples over 10 g/t gold will be reanalysed by fire assay with gravimetric finish
Drilling techniques	Drill type (eg core, reverse circulation, open-hole hammer, rotaryair blast, auger,Bangka, sonic, etc) and details(eg core diameter, triple or standardtube, depth of diamond tails, face-sampling bit or other type, whethercore is oriented and if so, by what method, etc).	Diamond Drilling from surface(HQ size)
Drill sample recovery	Method of recording and assessing core and chip sample recoveries and results assessed. Measures taken to maximise samplerecovery and ensurerepresentative nature of the samples. Whether a relationship exists between samplerecovery and grade and whethersample bias may have occurred due to preferential loss/gain of fine/coarse material.	Detailed calculation of recovery was recorded, withmost holes achieving over95% No relationship has yet been noted between recovery and grade and no sample bias was noted to have occurred.

Criteria	JORC Code explanation		Commentary
Logging		Whether core and chip sampleshave been geologically and geotechnically loggedto a level of detailto support appropriate Mineral Resource estimation, mining studies and metallurgical studies. Whether logging is qualitative or quantitative in nature. Core (or costean, channel, etc) photography. The total length and percentage of the relevantintersections logged.	Detailed geological and geotechnical loggingwas completed for each hole. Allcore has been photographed. Complete holes were logged.
Sub- sampling techniques andsample preparation		If core, whethercut or sawn and whetherquarter, half or all core taken. If non-core, whetherriffled, tube sampled,rotary split, etc and whethersampled wet or dry. For all sample types, the nature, qualityand appropriateness of the samplepreparation technique. Quality control procedures adopted for all sub- sampling stages to maximise representivity of samples. Measures taken to ensure that the sampling is representative of the in situ material collected, including for instance resultsfor field duplicate/second-half sampling. Whether sample sizes are appropriate to the grainsize of the material being sampled.	Half core was sampled, using a core saw. Duplicate samples of new and historical core are Quarter core or half core where not previously sampled Sample sizes are considered appropriate for the grainsize of the material being sampled. It is expectedthat bulk sampling will be utilisedas the projectadvances, to more accurately determine grade.
Quality of assay data and laboratory tests		The nature, qualityand appropriateness of the assaying and laboratory procedures used and whetherthe technique is considered partialor total. For geophysical tools,spectrometers, handheld XRF instruments, etc, the parameters used in determining the analysis including instrument make and model, readingtimes, calibrations factorsapplied andtheir derivation, etc. Nature of qualitycontrol procedures adopted(eg standards, blanks,duplicates, external laboratory checks) and whetheracceptable levels of accuracy (ie lack of bias) and precision have been established.	Core samples that have been sent to the lab for analysis include control samples(standards, blanks and prep duplicates) inserted at a minimum rate of 1:5 samples. In addition to the minimumrate of inserted control samples, a standard or a blank is inserted following a zoneof mineralization or visible gold Further duplicate sampleswere analysed to assess variability
Verification ofsampling and assaying		The verification of significant intersections by either independent or alternative companypersonnel. The use of twinned holes. Documentation of primary data, data entry procedures, data verification, data storage (physical and electronic) protocols. Discuss any adjustment to assay data.	Re-assaying of selectedintervals of historiccore have been sent for analysis.

Criteria	JORC Code explanation		Commentary
Location of datapoints		Accuracy and qualityof surveys used to locatedrill holes (collarand down-hole surveys), trenches, mine workings and other locations used in MineralResource estimation. Specification of the grid system used. Quality and adequacyof topographic control.	All sampling pointswere surveyed using a hand held GPS. UTMgrid NAD83 Zone 10. A more accurate survey pickup will be completed at the end of the program, to ensure data is appropriate for geological modelling and Resource Estimation. Down hole surveys have been completed on all holes.
Data spacing anddistribution		Data spacing for reporting of Exploration Results. Whether the data spacing and distribution is sufficient to establish the degree of geological and grade continuity appropriate for the Mineral Resource and Ore Reserveestimation procedure(s) and classifications applied. Whether sample compositing has been applied.	Most drilling is targeting verification and extension of known mineralisation. It is expectedthat the data will be utilised in a preparation of a MineralResource statement. Additional drilling is exploration beneathgeochemical anomalies, and would requirefurther delineation drilling to be incorporated in a MineralResource.
Orientation of data in relation to geological structure		Whether the orientation of sampling achieves unbiased sampling of possible structures and the extent to which this is known, considering the deposit type. If the relationship between the drilling orientation and the orientation of key mineralised structures is considered to have introduced a sampling bias,this should be assessed and reported if material.	In general, the aim was to drill perpendicular to the mineralised structures, to gain an estimate of the true thickness of the mineralised structures. At several locations, a series (fan) of holes was drilled to help confirm the orientation of the mineralised structures and to keep land disturbance to a minimum.
Sample s Security		Themeasures taken to ensure samplesecurity.	Samples from Elizabeth were delivered to the laboratory by a commercial transport service.
Audits or Reviews		The results of any auditsor reviews of sampling techniques and data.	An independent geological consultant has recently visited the site as part of preparing an updated NI43-101Technical Report for the Project.

Criteria	JORC Code explanation		Commentary
Mineral tenement and land tenurestatus		Type, reference name/number, location and ownership including agreements or material issueswith third partiessuch as joint ventures, partnerships, overriding royalties, nativetitle interests, historical sites, wilderness or national park and environmental settings. The securityof the tenureheld at the time of reporting along with any known impediments to obtaining a licence to operate in the area.	The Blackdome-Elizabeth Projectis comprised of 73 contiguous mineral claims underlain by 14 Crown granted mineral claims and two mining leases. The Property is located in the Clintonand Lillooet MiningDivisions approximately 230 km NNE of Vancouver Tempus has exercised the option to acquire the Elizabeth Gold Project and has completed an addendum to the original Elizabeth Option Agreement (refer to ASX announcement 15 December 2020) A net smelterroyalty of 3% NSR (1% purchasable) appliesto several claimson the Elizabeth Property. No royalties applyto the Blackdome Property or Elizabeth Regional Properties. There are currently no known impediments to developing a project in this area, and all tenure is in good standing.
Exploration done by other parties		Acknowledgment and appraisal of exploration by other parties.	In the 1940s, placergold was discovered in Fairless Creek west of Blackdome Summit.Prospecting by Lawrence Frenier shortly afterward led to the discovery of gold-bearing quartzveins on the southwest slopeof the mountain that resulted in the stakingof mining claimsin 1947. EmpireValley Gold Mines Ltd and Silver Standard Resources drove two adits and completed basicsurface work during the 1950s. The Blackdome area was not worked again until 1977 when Barrier Reef Resources Ltd. re-staked the area and performed surfacework in additionto underground development. The Blackdome Mining Corp. was formed in 1978 and performed extensive surface and underground work with variousjoint venture partnersthat resulted in a positive feasibility study. A 200 ton/daymill, camp facilities and tailings pond were constructed and mining operations officially commenced in 1986. The mine ceased operations in 1991, havingproduced 225,000 oz of Au and 547,000oz of Ag from 338,000tons of ore (Godardet al., 2010) After a period of inactivity, Claimstaker Resources Ltd. tookover the project, reopening the mine in late 1998.

Criteria	JORC Code explanation	Commentary
Drill hole Information	A summary of all information material to the understanding of the exploration results including a tabulation of the following information for all Material drill holes: easting and northing of the drill hole collar elevation or RL (Reduced Level- elevation abovesea level in metres) of the drill hole collar dipand azimuth of the hole down hole lengthand interception depth hole length. If the exclusion of this information is justified on the basisthat the information is not Material and this exclusion does not detractfrom the understanding of the report, the Competent Person should clearlyexplain why this isthe case.	Refer to Appendix 1 for drillhole collar information
Data aggregation methods	In reporting Exploration Results, weighting averaging techniques, maximum and/orminimum grade truncations (eg cutting of high grades)and cut-off gradesare usually Material and should be stated. Where aggregate intercepts incorporate short lengthsof high grade results and longer lengthsof low grade results, the procedure used for such aggregation shouldbe stated and some typicalexamples of such aggregations shouldbe shown in detail. The assumptions used for any reporting of metal equivalent values should be clearly stated.	Intervals reported usingseveral samples are calculated using a weighted average. Calculated intervals usinga weighted averagedid not use a top cut on high-grade samples.High-grade samples are reported as ‘including' Calculated weighted averageintervals are continuous intervals of a mineralized zone and do not includeunsampled intervals or unmineralized intervals.
Relationship between mineralisation widths andintercept lengths	These relationships are particularly important in the reporting of Exploration Results. If the geometry of the mineralisation with respect to the drill hole angle is known,its nature shouldbe reported. If it is not known and only the down hole lengths are reported, thereshould be a clear statement to this effect(eg ‘down hole length, true width not known').	In general, drilling is designed to intersect the mineralized zone at a normal angle,but this is not always possible. For the reported intervals, true widthsare reported where mineralized core was intactand possible to measure the orientation. Otherwise the true widthis left blank
Diagrams	Appropriate maps and sections (with scales) and tabulations of intercepts shouldbe included for any significant discovery being reportedThese should include, but not be limited to a plan view of drill hole collar locations and appropriate sectional views.	Refer to maps within announcement for drill hole locations.

Criteria	JORC Code explanation	Commentary
Balanced reporting	Where comprehensive reporting of all Exploration Results is not practicable, representative reporting of both low and high grades and/or widthsshould be practiced to avoid misleading reporting of Exploration Results.	Where broader low-grade intervals are reportedthe high-grade intercepts are reported as ‘including' within the reported interval
Other substantive exploration data	Other exploration data, if meaningful and material, shouldbe reported including (but not limitedto): geological observations; geophysical survey results;geochemical survey results; bulk samples - size and method of treatment; metallurgical test results; bulk density, groundwater, geotechnical and rock characteristics; potential deleterious or contaminating substances.	Tempus recently completed an airborne magnetic and radiometric survey over the Elizabeth Gold Project (refer to ASX announcement 02 August 2021) by completing 97 lines for a total of 735 line-kilometres. Flight lines are oriented east-west with north-south tie lines and spaced 200 metres across the entire 115km2 Elizabeth property. Line spacing of 100 metres was flown over the Elizabeth Main and Elizabeth East Zones. The airborne magnetic survey data was reviewed and interpreted by Insight Geophysics Inc. using 3D magnetization vector inversion (MVI) modelling. The geophysical surveys identified the Blue Creek Porphyry, which is the known host of the high-grade Elizabeth gold-quartz veins, as a relative magnetic low anomaly within the Shulaps Ultramafic Complex. From this correlation of geology and geophysics it was determined that the Blue Creek Porphyry, originally explored / mapped to approximately 1.1km2 in size, is likely much larger. The airborne magnetic survey and MVI 3D modelling interpret the Blue Creek Porphyry to be at least four-times the size at approximately 4.5km2. This interpretation of the Blue Creek Porphyry is also extensive at depth extending to at least 2km deep
Further work	The nature and scale of planned furtherwork (eg testsfor lateral extensions or depth extensions or large- scale step-out drilling). Diagrams clearly highlighting the areas of possible extensions, including the main geological interpretations and future drillingareas, provided this information is not commercially sensitive.	Tempus plans to update historical NI43-101 foreign resource estimates to currentNI43-101 and JORC 2012 standards Tempus is also seeking to expand the scale of the mineralisation at the projectthrough further exploration.

Tempus Closes A $1.9 Million Private Placement

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