Tempus hits VG in first two holes in No. 9 vein at Elizabeth project in B.C.

Jackson Chen | August 15, 2022 | 11:30 am News Canada Gold 
The Blackdome-Elizabeth project in B.C. Credit: Tempus Resources

Tempus Resources (TSXV: TMRR; OTC: TMRFF) has intersected wide zones of mineralization containing visible gold in two drill holes targeting the No. 9 vein at the company’s Elizabeth gold project in southern British Columbia.

Hole EZ-22-19 was completed to a depth of 201 metres and intersected two quartz veins. The second hole, EZ-22-20, was drilled to a total depth of 270 metres and intercepted a 25.75-metre zone of sheeted veins from 85.5 metres and a second quartz vein intersection of 2.3 metres from 206.4 metres. The veinlets contain localized pyrite and arsenopyrite with visible gold observed in multiple locations across the entire 25.8-metre zone.

“The visual indication of wide zones of mineralization containing visible gold in both of our first drill holes completed on No. 9 vein is extremely encouraging,” said Jason Bahnsen, president and CEO of Tempus. “With the addition of No. 9 vein to Blue vein and SW vein, we now have three closely spaced veins under development at Elizabeth. We are anxiously awaiting the assays.”

The No. 9 vein is a previously mapped vein approximately 120 metres north west of Blue vein. Some limited exploration had been performed on No. 9 vein in the 1940s and 1950s. However, records available to Tempus were not conclusive, and the company had never drilled the vein until these first two holes.

The Elizabeth project is currently host to more than nine known veins. The 2022 drill program is focused on expansion of the Blue and SW veins, as well as identification of new veins. About 14 holes of the targeted 30 holes have been completed so far this season.

Located 200 km north of Vancouver and 35 km northeast of the past-producing Bralorne gold mine, the Elizabeth gold deposit contains historic inferred mineral resource totalling 206,000 oz. of gold at 12.26 g/t. Tempus’ strategy is to conduct drilling to expand the resource and fast tracking the project towards production using the existing, fully permitted 200 t/d Blackdome mill nearby.

For more information, visit www.tempusresources.com.au.

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