Elizabeth Gold Project

Tempus Resources achieves high-grade intersections at Elizabeth gold project

Tempus Resources Ltd. (ASX: TMR, TSX-V: TMRR) announced that high-grade assays including 5.0m at 61.3g/t gold were received from the first 11 completed drill-holes of the Phase 1 drilling program on the Elizabeth sector of the Blackdome Elizabeth Gold Project in Canada.

The company said that 5 drill-holes reported significant intersections >5g/t gold. Outstanding intersections included 5.0m at 61.3g/t gold from 116.5m, including 1.5m at 186.0g/t gold from 118.0m; and 3.2m at 28.1g/t gold from 184.0m, including 0.5m at 178.0g/t gold from 184.5m.

TMR said that the drilling at Elizabeth would re-commence to complete the remaining two-thirds of the Phase 1 drilling program during the Canadian spring.

Phase 1 drilling program

The company had recently commenced a 6,000-meter Phase 1 drilling program on the Elizabeth sector of the Blackdome Elizabeth Gold Project in Southern British Columbia.

Historic values previously reported in the project had included 331 g/t gold over 95 cm (E07-43), and visible gold that was identified in drill hole EZ-20-06 on December 15, 2020, which returned values up to 186g/t gold over 1.5 meters.

TMR has now reported the first tranche, Phase 1 results at the Elizabeth Project from the drilling completed from mid-November to mid-December 2020.

High-grade results

The company has reported high-grade results from the 11 diamond drill holes for a total of 2,006 meters, completed at the Phase 1 drilling program.

The primary focus of this initial drilling was infill and down dip extension at the southern portion of the Southwest (SW) Vein and a single drill-hole testing the extension of the West and Main veins.

TMR said that the 10 holes with reportable intersections provided the following results  EZ-20-01 – 1.20m at 0.62g/t gold and 3.12g/t silver from 52.4m; EZ-20-04 – 3.02m at 5.26g/t gold and 7.51g/t silver from 101.5m, including 1.70m at 9.74g/t gold and 3.88g/t silver from 103.0m; EZ-20-05 – 0.60m at 0.27g/t gold and 0.13g/t silver from 175.9m; EZ-20-06 – 5.00m at 61.3g/t gold and 44.5g/t silver from 116.5m, including 1.50m at 186.0g/t gold and 133.0g/t silver from 118.0m; EZ-20-07 – 1.50m at 9.60g/t gold and 0.70g/t silver from 71.0m and 1.00m at 8.09g/t gold and 1.40g/t silver from 155.0m; EZ-20-08 – 2.00m at 1.80g/t gold and 2.96g/t silver from 86.0m and  2.00m at 2.54g/t gold and 0.89g/t silver from 92.0m; EZ-20-09 – 1.70m at 0.59g/t gold and 0.50g/t silver from 77.0m and 0.55m at 0.86g/t gold and 4.75g/t silver from 190.7m; EZ-20-10 – 2.00m at 1.20g/t gold and 1.19g/t silver from 107.0m and 3.20m at 28.1g/t gold and 4.74g/t silver from 184.0m, including 0.50m at 178.0g/t gold and 27.0g/t silver from 184.5m and 0.55m at 1.20g/t gold and 1.35g/t silver from 198.2m; EZ-20-11 – 3.00m at 0.15g/t gold and 0.36g/t silver from 73.0m and 0.50m at 0.52g/t gold and 0.92g/t silver from 269.0m; and EZ-20-12 – 3.70m at 3.73g/t gold and 1.95g/t silver from 52.0m, including 2.00m at 5.60g/t gold and 2.95g/t silver from 52.0m and 2.00m at 0.61g/t gold and 2.55g/t silver from 63.0m.

Drilling to recommence

The company noted that approximately 4,000 meters of drilling are remaining in the Elizabeth Phase 1 drilling program. Tempus said that it expects to re-commence drilling and complete the remaining program in the Canadian spring.

Next steps

TMR reported that given the early success of the Phase 1 drilling program, it will be immediately followed by preparation of an updated NI43-101 Mineral Resource estimate; and an additional 7,500-meter Phase 2 program focused on the delineation of additional resources at the Southwest, Main, and West Veins as well as untested soil geochemistry targets identified in previous years.

Tempus said that it plans to update historical NI43-101 foreign resource estimates to current NI43-101 and JORC 2012 standards, and is also seeking to expand the scale of the mineralisation at the project through further exploration.

Management comments

Tempus Resources President, Jason Bahnsen, said: “The Phase 1 drilling results confirm the high-grade potential of Elizabeth. We look forward to continuing with the drilling program there in the Canadian spring, leading to an updated NI43-101 resource estimate thereafter.”

Written By Jonathan Norris
Jonathan is a founder of Mining.com.au and has been covering the resources industry since 2018. With over 17 years experience in print, broadcast and online media, Jonathan has seen first hand the transformative effect of online niche media.