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    • Delayed Prices (USD) - Last Updated 06-12-2021
    • Gold $1,782.60
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    Tempus Resources reports ‘bonanza’ grades from new gold vein at Elizabeth

    Tempus Resources (ASX:TMR) has reported ‘bonanza’ gold grades from the newly-discovered Blue Vein at its Elizabeth Gold Project in British Columbia, Canada.

    Recent assays from drill hole EZ-21-12 include:

    • 1m @ 33.7 g/t Au over from 117.8m;
    • 0.5m @ 26.4 g/t Au from 130.7m; and
    • 0.5m @ 8.4 g/t Au from 163.9m

    The company reports that Blue Vein has now been extended with five additional intersections over an initial strike length of 380m, with indicated vein structural widths ranging from 0.5m to 2.0m.

    It is exciting to see the newly discovered Blue Vein develop along strike parallel to the SW vein with 6 drill intersections to date”

    Speaking on the result, Tempus Resources President and CEO Jason Bahnsen said: “It is exciting to see the newly discovered Blue Vein develop along strike parallel to the SW vein with 6 drill intersections to date. Initial results show strong grades of up to 33.7 grams gold per tonne with widths of over 1 metre and an initial strike length of 380 metres.”

    During 2021, the company has completed a total of 26 drill-holes for 7,280m at Elizabeth. Assays for the first 14 holes, which included 12 from the SW Vein and 2 from the new Blue Vein have now been reported, with a further 12 pending.

    Long section of the Blue Vein at the Elizabeth Gold Project
    Long section of the Blue Vein at the Elizabeth Gold Project

    All reported drill holes intersected the SW Vein at depth, and were successful in identifying the SW Vein/structure with anomalous gold, silver, arsenic, mercury, and antimony.

    Tempus says that the results are consistent with high-grade gold zones from previously reported drill-holes EZ-20-06 and EZ-21-04.

    Tempus notes that the high-grade quartz veins encountered at Elizabeth show close geological similarities to the Bralorne-Pioneer mesothermal vein system located approximately 30km away. This was mined to a depth of approximately 2,000m and produced more than 4 million ounces of gold over a period of more than 70 years.

    Images: Tempus Resources Ltd
    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.

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    • Delayed Prices (USD) - Last Updated 06-12-2021
    • Gold $1,782.60
    • Silver $22.51
    • Platinum $930.00
    • Palladium $1,750.00
    • Dalian Iron Ore i2205 $98.48
    • Aluminium $2,623.00
    • Cobalt $67,050.00
    • Copper $9,418.00
    • Lead $2,210.50
    • Nickel $20,030.00
    • Tin $39,335.00
    • Zinc $3,161.50