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Tempus Resources (ASX:TMR) reports further “bonanza” gold hits at Elizabeth project

ASX News, Materials
ASX:TMR      MCAP $3.655M
20 February 2023 19:25 (AEST)
Tempus Resources (ASX:TMR) - President & CEO, Jason Bahnsen

Source: Tempus Resources

Tempus resources (TMR) has reported “bonanza”-grade gold hits from seven drill holes completed at its Elizabeth gold project in Southern British Columbia.

New assays confirmed a subsection of high-grade gold mineralisation of 35 grams per tonne (g/t) gold over a width of 1.63 metres from 216.75 metres deep at the No. 9 Vein area of the project.

Tempus first flagged the presence of high-grade gold over approximately two metres of drill core in the most northern hole on the No. 9 Vein in September last year.

New intersections at the No. 9 Vein and the Blue Vein also revealed a hit of 9.5 g/t gold over 1.28 metres from 129.18 metres, and in another hole to the south, wide zones of high-grade mineralisation were found, including 24 g/t gold over 2.78 metres from 152 metres.

Lastly, at the West Hanging Wall Vein, Tempus intersected a new potential new vein set roughly 120 metres east of the SW Vein.

These were the final results of TMR’s 2022 Elizabeth drilling program, under which Tempus completed 10 drill holes targeting a potential strike extension from the historical workings to the southwest.

“The final drilling results from the 2022 drilling program released today provide further evidence of the extension of the high-grade gold zone associated with the No. 9 Vein to over 250 metres and the Blue Vein to over 285 metres,” Tempus President and CEO Jason Bahnsen said.

“We are extremely pleased to announce the potential discovery of a new vein set located
midway between the SW Vein and the West Vein.”

Assays for the potential new vein include 14.3 g/t of gold over 1.1 metres from a depth of 82.90 metres, with further boundaries and positioning to be targeted in a 2023 drill program at the Elizabeth project

Tempus Resources shares closed 5.45 per cent at 5.8 cents.

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