Tempus Resources Ltd (ASX: TMR, TSXV: TMRR, OTC: TMRFF) has received ‘bonanza’ grade gold assay results from the newly discovered Blue Vein at its Elizabeth Gold Project in Southern British Columbia, Canada.
The results from drill-hole EZ-21-12 returned 33.7 grams per tonne gold over 1.0 metre from 117.8 metres and 26.4 g/t gold over 0.5m from 130.7 metres.
“It is exciting to see the newly discovered Blue Vein develop along strike parallel to the SW vein with six drill intersections to date. Initial results show strong grades of up to 33.7 grams gold per tonne with widths of over one metre and an initial strike length of 380 metres,” Tempus President and CEO, Jason Bahnsen, said.
Tempus discovered the new Blue Vein with drill hole EZ-21-12 with the intersection of visible gold in the drill core, as announced on September 27, 2021. The Blue Vein is located approximately 150 metres to the northwest, and parallel, to the SW Vein.
This previously unknown vein has now been intersected by six drill-holes (EZ-21-09, EZ-21-12, EZ-21-24, EZ-21-25, EZ-21-26, EZ-21-27) demonstrating an initial strike length of 380 metres.
The assay results from Blue Vein intersections in drill holes EZ-21-12 and EZ-21-09 and reported in this release. The Blue Vein remains open at depth and along strike. EZ-21-09, approximately 380 metres north of EZ-21-12 drill hole intersected the Blue Vein at 58.6m down hole near the upper contact of the ultramafic/diorite. A 0.5m quartz vein returned anomalous values in gold, silver, arsenic, and mercury.
Drill holes EZ-21-10 and EZ-21-11 intersected similar alteration associated with the Blue Vein in hole EZ-21-12 however the alignment of the drill hole was slightly above the ultramafic/diorite contact and did not show any appreciable quartz veining as ultramafic rocks at Elizabeth are not favourable host rocks for mineralization.
All reported drill holes also intersected the SW Vein at depth and were successful in identifying the SW Vein/structure with anomalous gold, silver, arsenic, mercury and antimony.
The results are indicative of mesothermal/orogenic mineralisation and are consistent with the high-grade gold zones from previously reported drill-holes EZ-20-06 (5.0m at 61.3g/t gold from 116.5m, including 1.5m at 186.0g/t gold from 118.0m) and EZ-21-04 (4.0m at 31.2g/t gold from 122.0m, including 1.5m at 52.1g/t gold from 123.0m and 0.5m at 72.0g/t gold from 124.0m). Highlights from the assay results of the six drill holes are:
· Drill Hole EZ-21-12: o 33.7 g/t gold over 1.0 m from 117.8m (Blue Vein) and o 26.4 g/t gold over 0.5m from 130.7m (Blue Vein) and o 8.4 g/t gold over 0.5m from163.9m (Blue Vein) and o 1.2 g.t gold over 2.1 m from 344.9m (SW Vein)
· Drill Hole EZ-21-09: o 0.3 g/t gold over 0.5m from 130.7m (Blue Vein), and o 2.6 g/t gold over 2.0m from 270.9m (SW Vein)
· Drill Hole EZ-21-10: o 4.0 g/t gold over 0.5m from 223.00m (7 Vein)
Tempus technical staff continue to be encouraged by the consistent and continuous nature of the SW Vein structure and the Blue Vein structure as it continues at depth and along strike.
To date, Tempus has completed approximately 9,300 metres of drilling (of the total announced Phase 1 drill programme of 12,000 metres) since the programme started in November 2020.
In total, Tempus has completed 37 diamond drill-holes at Elizabeth (11 holes completed in 2020, 26 holes completed in 2021 to date).
For further information please visit: https://www.tempusresources.com.au/
