Gold explorer Tempus Resources (ASX:TMR) has completed its first phase rock sampling program at its Elizabeth Gold Project in British Columbia, Canada.
The $8.7 million market capitalisation company says the program was focused on expanding the mineralisation footprint of the Elizabeth Project beyond the current drilling zone.
Tempus targeted 3 key areas for sampling over an area of about 20km-square, and 90 rock samples were collected, with assays currently pending.
Commenting on the rock sampling program, Tempus Resources President and Chief Executive Officer (CEO) Jason Bahnsen says: “We have taken 90 rock samples in 3 key target areas within an overall area of 20km-square.
“This sampling program has the potential to significantly increase the overall footprint of the gold mineralisation at the Elizabeth Project”
This sampling program has the potential to significantly increase the overall footprint of the gold mineralisation at the Elizabeth Project and follows up on the 2021 airborne geophysics survey targets that identified magnetic lows associated with intrusive bodies prospective to host gold mineralisation.”
Meanwhile, a planned 4,000m drill program at the Elizabeth Project has been deferred until after resource estimates have been completed. Tempus says the results of its resource modelling and estimates will be key inputs into finalising the field drilling plan.
Tempus Resources is a gold-focused exploration company actively exploration projects in Canada and Ecuador. The company’s flagship Blackdome-Elizabeth Project is a ‘high-grade’ gold past-producing project located in Southern British Columbia, Canada.
Write to Aaliyah Rogan at Mining.com.au
Images: Tempus Resources Ltd