Tempus Resources Limited (ASX: TMR) has announced a highly encouraging update on the exploration at its Blackdome-Elizabeth Gold Project in Canada.
The company reported that the soil sampling program consisting of 1,740 samples was completed at the Blackdome-Elizabeth Gold Project.
TMR announced that a new prospect was discovered approximately 2.5 km east-northeast of the existing Elizabeth Gold Deposit.
Tempus also reported that the Blackdome geochemical trends identified in 2018 were extended, and an additional two new trends were identified.
The company said that the new targets would be prioritised for drilling as part of the 2020 exploration programs, commencing in Q2 2020.
Blackdome-Elizabeth project
The Blackdome-Elizabeth Gold Project hosts Indicated and Inferred Mineral Resources of 52,600 ounces of gold at 11.3 g/t Indicated, and 231,900 ounces of gold at 11.7 g/t Inferred.
The project consists of two separate mineralization styles. The first is the Elizabeth Zone located approximately 200 km north of Vancouver and 35 km northeast of the past producing Bralorne Gold Mine; and the second is the Blackdome Zone located approximately 30 km north of the Elizabeth Zone.
Exploration program completed
The company had recently completed an exploration program at Blackdome-Elizabeth project.
The objectives of the exploration program were to geochemically survey prospective terrain in the vicinity of the Blackdome and Elizabeth mines to identify potential lateral extensions to existing mineralisation and targets for new discoveries.
The company said that these objectives were successfully accomplished through a 1,740 sample program collectively captured across a single grid at target locations in the vicinity of the Blackdome Mine and Elizabeth Deposit.
Survey grids
The company said that the survey grid at Blackdome expanded on a prior 2018 program. Meanwhile, a wider-spaced reconnaissance survey grid was employed at Elizabeth, draped over a prominent SE/NW trending ridge.
New prospect discovered
The company announced that approximately 2.5 km from the Elizabeth Deposit, the survey identified a 400 m x 150 m east-west trending gold in soil anomaly in an area with no previously known mineral showings, including multiple samples > 0.1 g/t gold to a maximum of 0.66 g/t gold.
The Company said that it considers the significant geochemical anomaly discovered in the Elizabeth survey as having prospectivity for a potential new discovery, and will prioritise further evaluation of it in the 2020 drilling and trenching program.
Two new trends identified
The company announced that the results from the expanded grid at Blackdome were successful in extending geochemical trends identified in 2018, as well as discovering two new trends parallel to and northeast of the 2018 anomalies.
TMR said that an exceptional soil sample of 0.92 g/t gold was collected during this program, located at the far northern edge of the grid.
Five geochemical anomalies
Tempus reported that five coincident gold, silver and arsenic (pathfinder mineral) geochemical anomalies were identified on the Blackdome survey grid.
The company said that three of these anomalies may represent possible extensions of known mineralisation to the northeast of historic sampling and two are new.
Anomaly 1: TMR said that the Anomaly 1 is a continuation of a trend identified by the 2018 program and is interpreted to trend in the general direction of the historic Midas gold showing, located further to the north. Anomaly 1 is a new discovery and has not been drill tested to date.
Anomalies 2 and 3: The company said that anomalies 2 and 3 are also continuations of trends identified in 2018 as extensions of the Redbird and No. 17 veins respectively.
The company said that the highest gold grade, of 0.92 g/t, was collected at the northeast edge of Anomaly 2 and remains open to the northeast.
Anomalies 4 and 5: TMR reported that anomalies 4 and 5 represent the new targets for follow up. Anomaly 4 is an approximate northeast/southwest trending gold-rich multi station anomaly that coincides with rusty rhyolite bedrock on the side of an old access trail in the area.
The company said that the samples near the top of the slope at the southwest edge of Anomaly 4 are consistently anomalous and spot highs of > 0.1 g/t gold appear to be transported downslope to the east and northeast.
TMR said that the field notes from station AJLS-041 in the middle of Anomaly 5 indicate the presence of chalcedonic quartz as angular float in close proximity to the sample site.
Next steps
Tempus reported that it plans to conduct further soil sampling in the identified anomalous areas, as well as extending the existing soil grids.
The company said that this will be followed by trenching to assist in identifying orientation of geological structures, then drill testing.
Management comments
TMR’s Managing Director, Brendan Borg said: “We are very encouraged by the number and tenor of new soil anomalies generated outside of the known mineralisation at Blackdome-Elizabeth. We have established promising targets to extend existing resources with upcoming drilling and potential for a completely new discovery near Elizabeth.”