Tempus Resources Ltd (ASX: TMR, TSXV: TMRR) has identified ‘bonanza’ grade gold mineralization potential over wide zones at the Elizabeth Gold Project in Southern British Columbia.
The latest five drill-holes announced include No.9 Vein (EZ-22-20, EZ-22-22), Blue Vein (EZ-22-17, EZ-22-18), and the West/Main Vein (EZ-22-32).
“Today we released the assay results for five drill-holes including No.9 Vein drill-hole EZ-22-20, which was extraordinary, intersecting 28.1g/t gold over 28.5 metres, certainly one of the best intersections I have seen during a +30 year career. Hole 20 sets a new record in terms of combined grade and thickness for our Elizabeth Project,” Tempus Resources, President and CEO, Jason Bahnsen.
“The bonanza and high-grade zones of both the No.9 Vein and the Blue Vein have now been extended to over 150 metres each in strike. Structurally it is possible that the No. 9 and Blue Veins join together with the potential for additional gold mineralization to cumulate in the area of the intersection and with further extensions along strike to the south-west.”
No.9 Vein Assay Results
The No. 9 vein is a vein for which its north-eastern extent was mapped and initially explored via an underground adit in the early 1940’s and was subject to a limited amount of historic drilling in the 1980s.
During the 2022 drill programme, Tempus completed 10 drill-holes targeting a potential strike extension from the historical works to the southwest. Several of the No.9 Vein drill-holes intersected wide zones of quartz veining including three drill-holes reporting the presence of visible gold. With today’s No.9 Vein assays, bonanza and high-grade gold mineralisation has now been demonstrated over a strike length of approximately 150 metres.
Two No.9 Vein drill-holes are being reported today including EZ-22-20 and EZ-22-22 which both intersected multiple wide quartz zones hosting high and ‘bonanza’ grade gold mineralisation.
Drill-hole EZ-22-20 (previously announced multiple instances of visible gold over more than 20 metres), returned assays including 28.1g/t gold over 28.5 metres from 84.40 metres plus a second high-grade zone grading 4.2g/t gold over 6.75 metres from 209.55 metres (including a sub-section of 35.6g/t gold over 1.31 metres). These include the best drill intersections in terms of combined grade and width ever achieved at the Elizabeth Gold Project.
Drill-hole EZ-22-22 intersected bonanza and high-grade zones, including 49.4g/t gold over 1.15 metres from 80.85 metres; and 4.8g/t gold over 1.42 metres from 141.00 metres (including a sub-section of 9.5g/t gold over 0.72 metres from 141.7 metres).
All No.9 Vein drill holes were drilled at an approximate dip angle of 65 degrees oriented broadly perpendicular to the know vein structure. True widths cannot yet be calculated due to the massive nature of the mineralised intersections.
Additional drilling will be required to determine true widths. The drilling results confirm wide zones of previously unknown gold mineralisation to the south of the historic exploration adit. Structurally it is possible that the No. 9 and Blue Veins join together with the potential for additional gold mineralisation to cumulate in the area of the intersection and further extensions along strike to the south- west.
There are three remaining No.9 Vein drill-hole assays pending including EZ-22-28 located 100 metres along strike from EZ-22-19 and EZ-22-20. EZ-22-28 intersected quartz veining over approximately 2.0 metres from 117.50 metres containing multiple occurrences of visible gold, refer to ASX Announcement lodged 26 September 2022 “Tempus Drills More Visible Gold at No9 Vein – Elizabeth Project” for details.
Blue Vein Assay Results
Drill-holes EZ-22-17 and EZ-22-18 (released today) extend the high-grade mineralisation zone within the Blue Vein to approximately 150 metres (See Figure 3). The drill-holes intersected multiple zones of bonanza and high-grade gold mineralisation including EZ-22-17 with 33.2g/t over 0.37 metres from 149.99 metres (including a sub-section of 55.5g/t gold over 0.22 metres) and EZ-22-18 with 47.6g/t over 1.00 metres (including sub-section with 79.1g/t gold over 0.6 metres).
West/Main Vein Assay Results
The Main Vein and the West Vein are largely unexplored and no drilling has been done to the southern extension of these vein structures.
In 2021, Tempus completed one drill hole intersecting the West Vein (EZ-21-05). EZ21-05 intersected the West Vein structure with anomalous gold mineralisation 450 metres south of any historic drilling on the West/Main Vein structure.
During the 2022 drilling season, drill-holes EZ22-24, EZ22-31 EZ22-32 and EZ22-33 were advanced to test the continuity of both West Vein and Main Vein to the south-southwest. That portion of both veins is practically unexplored.
Drill results show that the West and Main are not only continuing 220 metres laterally to the south-southwest but also suggest that an ore-shoot can occur to the south- southwest. Hole EZ22-33, the furthest hole to the southwest, intersected 5.89g/t (or 4.33g/t screen metallic) over 1.18m., which include 13.00g/t (or 9.85g/t screen-metallic), over 0.51m along Main Vein. Significant gold intersects were also noted along West Vein.
These results increase the total strike length of the gold mineralisation of the West/Main Veins to approximately 400 metres.
For further information please visit: https://www.tempusresources.com.au/
