Tempus Resources Ltd (ASX: TMR) has identified ‘bonanza’ grades including the best intersection ever encountered at the Elizabeth Gold Project in BC, Canada in assay results for drill-holes EZ-22-04 to EZ-22-10 completed in early June.
“Assays announced today confirm the presence of more high and bonanza grade gold in the Blue Vein,” President and CEO, Jason Bahnsen, said.
“The visible gold observed in the core for drill-hole #9, as reported on 7 July, has assayed approximately 50oz of gold per tonne over 0.20 metres, our highest grade intersection from the project to date.
“This drill hole intersected the vein approximately 15 metres below the previously announced EZ-22-03 drill hole, showing vertical continuity of the high-grade zone. All seven drill holes reported today intersected the Blue Vein at multiple points further supporting the model for stacked vein mineralisation throughout the Blue Vein structure.”
Drilling to date shows that the Blue Vein is not a single structure. Each of the drill-holes being reported today (EZ-22-04 to EZ-22-10) successfully hit Blue Vein gold mineralisation in multiple sub parallel closely spaced intersections demonstrating 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 10 holes in 2022 plus seven holes in 2021 for a total of 17 drill-holes intersecting the Blue Vein to date (including six 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 100 metres and a vertical distance of up to 15 metres. The 2022 drilling is testing the Blue Vein structure over a total strike length of approximately 400 metres.
The location of the EZ-22-09 drill hole is approximately 15 metres vertically below the previously reported Drill-hole EZ-22-03 Blue Vein intersection contained very high-grade zones over widths of up to 1.7 metres in multiple intersections including:523.0g/t gold over 0.42 metres from 96.91 metres, and 32.7g/t gold over 0.45 metres from 124.02 metres,(including:133.0g/t gold over 0.11m from 124.02 metres), and 7.4g/t gold over 1.73 metres from 164.41 metres, (including: 17.4g/t gold over 0.73m from 165.41 metres). For further information please visit: https://www.tempusresources.com.au/