Tempus Resources CEO Jason Bahnsen: Fast Tracking a Potential Production Scenario

“We've been working on Elizabeth and we have 10,000 metres of drilling,” Bahnsen said. "The main focus of the drill campaign was to increase the size of the resource from that initial 206,000. We discovered a new vein 150 metres to the northwest and we announced another hole called the Blue vein. Blue vein graded up to 71 grams: 13.4 grams over 2.3 metres, and within that 71 grams over half a metre."

Tempus expanded the Blue vein when drill hole EZ-21-12 intersected visible gold in the drill core on September 27, 2021. The Blue vein is located approximately 150 metres to the northwest, and parallel, to the SW vein intersected by six drill holes that demonstrated an initial strike length of 380 metres. The company completed the Phase 1 drill program at its Blackdome-Elizabeth project with four drill-hole assay results for a total of 39 drill holes over 9,826 metres.

According to Bahnsen, the company is now focused on expanding its resources, anticipating more holes to be discovered from Elizabeth.

“We're coming up with an updated resource on the project targeted this year. We've done a detailed metallurgical study based on some previous test work that was done using both the Blackstone mill and Elizabeth. We can expect up to 98 percent total recovery. We're working with a well-regarded engineering group based in Vancouver to review the capital cost, the lead time and how do we get this into production,” Bahnsen said.

“We look pretty attractively priced. The upside is having a high-grade project. We're developing a resource and fast tracking to a potential production scenario. We're an excellent sort of buying opportunity.”

Watch the full interview of Tempus Resources CEO Jason Bahnsen above.

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