Tempus Resources Ltd (ASX: TMR) has intersected wide zones of quartz veining with gold mineralisation in the latest drill-holes at the Elizabeth Gold Project in Southern British Columbia, Canada.
The company has received results from holes targeting the extension of the Blue Vein gold mineralisation.
Highlight hole EZ-22-11 intersected multiple layered zones of quartz veining over approximately 96 m from 102.50 m to 193.82 metres that included a “Bonanza” grade intersection of 11.75g/t gold over 2.30 metres from 102.45 metres including, 85.20g/t gold over 0.30 m from 103.15 m.
Today we announce results for three more drill holes from the Blue Vein,” President and CEO, Jason Bahnsen, said.
“Each of the holes intersected wide zones of sheared quartz veining with individual high-grade intersections of up to 85g/t gold. The high-grade Blue Vein gold mineralisation zone has now been extended to approximately 180 metres strike length with the overall thickness of the quartz vein structure increasing in apparent thickness as the drilling moves north east.”
Drilling to date shows that the Blue Vein is not a single structure. Each of the latest drill-holes successfully hit Blue Vein gold mineralisation in multiple sub parallel closely spaced intersections continuing to demonstrate the potential for multiple stacked high-grade gold vein mineralisation within a wider Blue Vein structure.
The Blue Vein was discovered in late-2021 (EZ-21-12 including 1.0m at 33.7g/t gold), with assay results now received for 13 holes in 2022 plus seven holes in 2021 for a total of 20 drill-holes intersecting the Blue Vein to date (including seven holes with ‘bonanza’ grade intersections, i.e., greater than 1oz per tonne), high-grade gold mineralisation has now been defined over a strike length of over 200 metres and a vertical distance of up to 15 metres, with a high and ‘bonanza’ grade chute interpreted over the first 180 metres of that strike length.
The 2022 drilling programme has been upsized and continues to test the Blue Vein structure over a total strike length of approximately 400 metres.
To date Tempus has completed 30 drill holes for a total of 7,260 metres at the Elizabeth Project so far during the 2022 field season. Tempus is planning to continue drilling until the end of October, targeting an additional 10 drill holes (approximately 2,000 metres) to be completed this season.
The drilling data from this season and the 2021 drill season (28 drill holes) will contribute to a new Mineral Resource estimate, which depending on the timing of assay receipts is expected to be complete around Q1 2023.
