Financial News
Elizabeth Gold - More High-Grade Gold in Blue Vein Assays
HIGHLIGHTS
- 5 drill-hole assay results from the 2021 drilling program at the Elizabeth Gold Project include 2 holes with high-grade gold intersections from the Blue Vein
- Drill holes EZ-21-26 and EZ-21-27 establish additional strike length to high-grade zone developing at the Blue Vein:
- EZ-21-26 intersections:
- 9.13g/t gold over 1.25 metres from 121.45 metres, including
- 45.1g/t gold over 0.25 metres from 121.45 metres
- EZ-21-27 intersections:
- 14.3g/t gold over 1.40 metres from 152.20 metres, including
- 19.2g/t gold over 1.00 metres from 152.20 metres
- EZ-21-26 intersections:
- Since its discovery in September 2021, the Blue Vein has developed a high-grade mineralised zone now extending over 80 metres of strike - three drill-holes establishing the zone include ‘bonanza' (>1oz/t) intersections
- Further development of the Blue Vein high-grade zone, which remains open in multiple directions, will be a priority for additional drilling at the Elizabeth Gold Project
PERTH, AUSTRALIA / ACCESSWIRE / February 8, 2022 / Tempus Resources Ltd ("Tempus" or the "Company") (ASX:TMR)(TSXV:TMRR)(OTCQB:TMRFF) is pleased to announce the final assay results from drilling completed at the Elizabeth Gold Project during 2021. The drill holes released in this announcement are EZ-21-20, EZ21-21, EZ -21-26, EZ-21-27 and EZ-21-28. Drill collar information can be seen in Appendix 1, Table 1.
Tempus President and CEO, Jason Bahnsen, commented "These results from late-2021 drilling at Elizabeth Gold Project continue to extend the scope of the high-grade mineralised zone of the Blue Vein. We now have a strike length of over 80 metres, established with multiple bonanza grade results. The 2022 exploration drilling program at Elizabeth will focus further expansion of the Blue Vein along strike and down dip."
Elizabeth Gold Project - Phase 1 Drilling Program
The Elizabeth Gold Project is the flagship project for Tempus and is located in the Bralorne - Pioneer Gold District of southern British Columbia. The 115km2 project is a relatively underexplored high-grade mesothermal gold project with mineralisation presenting itself in vein sets which range in true width from 0.5 m to 6.5 metres. The high-grade quartz veins encountered in the drilling at Elizabeth show close geological similarities to the Bralorne-Pioneer mesothermal vein system (approximately 30km south), which was mined to a depth of approximately 2,000 metres and produced more than 4 million ounces of gold over a period of more than 70 years (from approximately 1900 to 1971).
A total of 28 drill diamond core drill holes (approximately 7,820 metres) were completed at the Elizabeth Gold Project in 2021. Combined with drilling completed in 2020, Tempus has now completed 39 drill holes (approximately 9,826 metres) in total on the Elizabeth Gold Project.
The overall exploration drilling strategy for the Elizabeth Project is focused on increasing the size and confidence level of the historic inferred resource of approximately 206,139 ounces of contained gold (522,843 tonnes @ 12.26 g/t gold - SRK 2009). Apart from a few infill drill holes intended to convert inferred resources to the indicated category, the majority of the drill holes completed by Tempus to intersect the gold vein structures are outside of the 2009 resource block model.
Blue Vein Drilling
The Blue Vein is located approximately 150 metres to the northwest, near vertical in dip, and parallel,
to the SW Vein (See Figure 1). This previously unknown vein has now been intersected by 7 drill-holes
(EZ-21-09, EZ-21-12, EZ-21-19, EZ-21-24, EZ-21-25, EZ-21-26, EZ-21-27) demonstrating an initial
strike length of 380 metres (see Figure 3). The Blue Vein
structure has been intercepted to approximately 100 metres depth and remains open along strike and
down dip. (See Figure 1, Figure 3)
The two drill holes released in this announcement (EZ-21-26 and EZ-21-27) intersected the Blue Vein approximately 40 metres to the SW of the Blue Vein discovery hole, EZ-21-12.
- Drill hole EZ-21-26 intersected 9.13 g/t gold over 1.25 metres from 121.45 metres, including 45.1 g/t gold over 0.25 metres from 121.45 metres.
- Drill hole EZ-21-27 intersected 14.3 g/t gold over 1.40 metres from 152.20 metres, including 19.2 g/t gold over 1.00 metres from 152.20 metres.
These latest results from the Blue Vein are in addition to:
The Blue Vein discovery drill hole EZ-21-12 with an intersection of visible gold returning 33.7 g/t gold over 1.0 metre from 117.8 metres (announced 27 September 2021).
Drill hole EZ-21-25 with an intersection of quartz veining that assayed 13.4 g/t gold over 2.70 metres from 111.0 metres including 71.3 g/t gold over 0.50 metres from 111.50 metres.
The strike distance of high-grade results from the Blue Vein between drill-holes EZ-21-27 and EZ-21-25 is approximately 80 metres and encompasses the discovery hole EZ-21-12 and EZ-21-26 (See Figure 3). Assay grades for these for holes range from 9.13 g/t gold to 71.3 g/t gold over widths ranging from 0.50 m to 2.70 metres. These results show the continuity of the high grades within the Blue Vein over a strike distance of more than 80 metres. The Blue Vein structure has been identified over a total strike length of 380 metres.
Drilling in 2022 will focus on expanding the identified gold mineralisation of the Blue Vein along strike and at depth.
SW Vein Drilling
The final 2021 drill holes reported in the SW Vein are from EZ2-21-20, EZ2-21-22, and EZ2-21-23. The later two holes are step outs from the northern ore-shoot and were successful in intersecting the SW Vein in a previously undrilled zone of the SW Vein and extending mineralization by approximately 80m along strike to the northeast.
- EZ-21-23 intersected a 4.10 m quartz vein zone at 1.83 g/t gold from 145.00 m with an intersection of 4.98 g/t gold over 0.70m from 147.50m.
- EZ-21-20 was a 200m step out to the southwest of previous Tempus drilling and did not intersect any significant gold values.
Drilling of the SW Vein is showing a consistent structure. Tempus has drilled deeper at Elizabeth than any of the historic drilling completed on the project. The deep intersections of the SW Vein are encouraging and geologically very significant as the vein continues at depth, as does the alteration and associated mineralization as identified in other high-grade intercepts from the SW Vein. This mineralization at depth is consistent with typical Mesothermal/Orogenic gold deposits, such as the Bralorne-Pioneer Gold mine 30km to the south of Elizabeth and is confirmed with the ICP-OES assay analysis which indicates elevated arsenic, antimony, silver, and mercury when intersecting the SW Vein at depth.
Of interest is a distinctively different set of veining at Elizabeth that is anomalous in silver, lead and bismuth. This vein set tends to be more of a brecciated zone that is consistently intersected in nearly every hole on the project. These vein sets have been overlooked in the past as they are low in gold grades at high elevations however, they may represent shallow mineralization of a separate mineralizing event at Elizabeth.
Significant intersections from the SW Vein include:
- EZ-21-04 - 31.2 g/t gold over 4.00m from 122.00m, including;
- 52.1 g/t gold over 1.50m from 123.00m, and including;
- 72.0 g/t gold over 0.50m from 124.00m
- EZ-20-06 - 61.3 g/t gold over 5.0m at from 116.5m, including
- 186.0 g/t gold over 1.5m from 118.0m
- EZ-20-10: 28.1 g/t gold over 3.2m from 184.0m, including
- 178.0 g/t gold over 0.5m from 184.5
Other Target Veins
Drill hole EZ-21-21 was an exploration hole which followed up on quartz veining identified from 2003 trenching in the Ella Zone. This is the first drill hole in this target and results are very encouraging. Assay results returned up to 1.03 g/t gold over 2.00m from 184.00 m within a 4.0m veining zone. The geochemistry supports a mesothermal style mineralized vein with assay results retuning highly anomalous arsenic and antimony. Tempus technical staff will continue to review these results.
The Elizabeth project is a multi-vein epithermal/orogenic system with historic ‘bonanza' grade intercepts in drill core and surface trenching.
Historic trenching at Elizabeth on the West Vein (above the West Vein underground drift) in 2003 returned 55.1 g/t gold over a strike length of 20.00m and 14.2 g/t gold over a strike length of 20.00m and from the Main vein (above the Main Vein underground drift). Historic 2003 trenching also exposed anomalous quartz vein mineralization in the Ella Vein zone where Tempus targeted with EZ-21-21. Historic trenching results are historic in nature and are not compliant with NI 43-101 standards and should not be relied upon. Historic results are used only as a reference.
The West, Main, Ella veins are largely under explored and no drilling has been conducted to the southern extension. Drill hole EZ-21-05 intersected the West Vein at 554.85m downhole depth with mesothermal type mineralization and anomalous gold. EZ-21-05 was a sizable ~450m step out to the SW, along strike from any previous drilling on the West Vein.
Tempus completed a high-resolution airborne geophysics survey in 2021 (see announcement on August 13th, 2021). Which interpreted the Blue Creek Porphyry intrusion, which hosts the high-grade gold mineralisation at Elizabeth, likely covers an area >4x its previously known extent. This is a significant outcome for Tempus as it greatly expands the area of exploration with a higher probability of discovering new mineralized quartz veins.
Tempus will continue to evaluate the potential on these veins with drill testing in 2022.
Figure 1 - The Elizabeth Project - Phase 1 Drilling
![](https://www.accesswire.com/users/newswire/images/687717/image.png)
Figure 2 - Elizabeth Project - SW Vein Phase 1 Drilling
![](https://www.accesswire.com/users/newswire/images/687717/image-1.png)
Figure 3 - Elizabeth Project - Blue Vein Intersections
![](https://www.accesswire.com/users/newswire/images/687717/image-2.png)
Figure 4 - Elizabeth Project Cross Section
![](https://www.accesswire.com/users/newswire/images/687717/image-3.png)
This announcement has been authorised by the Board of Directors of Tempus Resources Limited.
Competent Persons Statement
Information in this report relating to Exploration Results is based on information reviewed by Mr. Kevin Piepgrass, who is a Member of the Association of Professional Engineers and Geoscientists of the province of BC (APEGBC), which is a recognised Professional Organisation (RPO), and an employee of Tempus Resources. Mr. Piepgrass has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined by the 2012 Edition of the Australasian Code for reporting of Exploration Results, Mineral Resources and Ore Reserves, and as a Qualified Person for the purposes of NI43-101. Mr. Piepgrass consents to the inclusion of the data in the form and context in which it appears.
For further information:
TEMPUS RESOURCES LTD
Melanie Ross - Director/Company Secretary Phone: +61 8 6188 8181
About Tempus Resources Ltd
Tempus Resources Ltd ("Tempus") is a growth orientated gold exploration company listed on ASX ("TMR") and TSX.V ("TMRR") and OTCQB ("TMRFF") stock exchanges. Tempus is actively exploring projects located in Canada and Ecuador. The flagship project for Tempus is the Elizabeth-Blackdome Project, a high-grade gold past producing project located in Southern British Columbia. Tempus is currently midway through a drill program at Elizabeth-Blackdome that will form the basis of an updated NI43-101/JORC resource estimate. The second key group of projects for Tempus are the Rio Zarza and Valle del Tigre projects located in south east Ecuador. The Rio Zarza project is located adjacent to Lundin Gold's Fruta del Norte project. The Valle del Tigre project is currently subject to a sampling program to develop anomalies identified through geophysical work.
Forward-Looking Information and Statements
This press release contains certain "forward-looking information" within the meaning of applicable Canadian securities legislation. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only the Company's beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of Tempus's control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "will continue", "will occur" or "will be achieved". The forward-looking information and forward-looking statements contained herein may include, but are not limited to, the ability of Tempus to successfully achieve business objectives, and expectations for other economic, business, and/or competitive factors. Forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of Tempus to control or predict, that may cause Tempus' actual results, performance or achievements to be materially different from those expressed or implied thereby, and and are developed based on assumptions about such risks, uncertainties and other factors set out herein and the other risks and uncertainties disclosed on Page 27 under the heading "Risk and Uncertainties" in the Company's Management's Discussion & Analysis for the quarter ended September 30, 2021 dated November 15, 2021 filed on SEDAR. Should one or more of these risks, uncertainties or other factors materialize, or should assumptions underlying the forward-looking information or statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although Tempus believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and Tempus does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws. All subsequent written and oral forward-looking information and statements attributable to Tempus or persons acting on its behalf are expressly qualified in its entirety by this notice. Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Appendix 1
Table 1:Drill Hole Collar Table
UTM | UTM | ||||||
Hole ID | Target | Easting (NAD83 | Northing (NAD83 | Elevation (m) | Length (m) | Azimuth | Dip |
Z10) | Z10) | ||||||
EZ-21-01 | SW Vein | 531203 | 5653771 | 2400 | 105 | 121 | -52 |
EZ-21-02 | SW Vein | 531203 | 5653771 | 2400 | 132 | 146 | -55 |
EZ-21-03 | SW Vein | 531203 | 5653771 | 2400 | 111 | 158 | -47 |
EZ-21-04 | SW Vein | 531203 | 5653771 | 2400 | 135 | 168 | -58 |
EZ-21-05 | SW Vein | 531078 | 5653776 | 2400 | 561 | 123 | -48 |
EZ-21-06 | SW Vein | 531078 | 5653776 | 2400 | 255 | 110 | -55 |
EZ-21-07 | SW Vein | 531203 | 5653771 | 2400 | 126 | 115 | -75 |
EZ-21-07b | SW Vein | 531203 | 5653771 | 2400 | 186 | 115 | -75 |
EZ-21-08 | SW Vein | 531195 | 5653839 | 2427 | 231 | 115 | -68 |
EZ-21-09 | SW Vein | 531200 | 5654020 | 2330 | 360 | 120 | -48 |
EZ-21-10 | SW Vein | 530953 | 5653772 | 2390 | 354 | 127 | -50 |
EZ-21-11 | SW Vein | 530953 | 5653772 | 2390 | 381 | 136 | -50 |
EZ-21-12 | SW Vein | 530953 | 5653772 | 2390 | 375 | 125 | -45 |
EZ-21-13 | SW Vein | 530919 | 5653596 | 2300 | 261 | 94 | -45 |
EZ-21-14 | SW Vein | 530919 | 5653596 | 2300 | 261 | 108 | -55 |
EZ-21-15 | SW Vein | 530919 | 5653596 | 2300 | 330 | 100 | -55 |
EZ-21-16 | SW Vein | 530919 | 5653596 | 2300 | 330 | 83 | -48.5 |
EZ-21-17 | SW Vein | 530919 | 5653596 | 2300 | 414 | 98 | -63 |
EZ-21-18 | SW Vein | 530919 | 5653596 | 2300 | 351 | 128.5 | -63 |
EZ-21-19 | SW Vein | 530953 | 5653772 | 2390 | 417 | 129 | -58 |
EZ-21-20 | SW Vein | 530849 | 5653432 | 2260 | 300 | 129 | -45 |
EZ-21-21 | East Veins | 531695 | 5653463 | 2120 | 357 | 90 | -45 |
EZ-21-22 | SW Vein | 531195 | 5653839 | 2427 | 188 | 75 | -45 |
EZ-21-23 | SW Vein | 531695 | 5653463 | 2120 | 165 | 91 | -45 |
EZ-21-24 | Blue Vein | 530953 | 5653772 | 2390 | 219 | 84 | -54 |
EZ-21-25 | Blue Vein | 530953 | 5653772 | 2390 | 201 | 105 | -58 |
EZ-21-26 | Blue Vein | 530953 | 5653772 | 2390 | 198 | 95 | -45 |
EZ-21-27 | Blue Vein | 530953 | 5653772 | 2390 | 195 | 150 | -60 |
EZ-21-28 | No.9 Vein | 530953 | 5653772 | 2390 | 321 | 300 | -55 |
Table 2: Significant Interval Table
Hole ID | From (m) | To (m) | Interval (m) | True Thickness (m) | Gold Grade | MET Screen Grade | Vein |
EZ-21-01 | 94.00 | 96.60 | 2.60 | 2.21 | 4.60 | 5.12 | SW Vein |
and | 83.50 | 84.00 | 0.50 | 0.43 | 20.50 | pending | SW Vein |
EZ-21-02 | 102.40 | 109.00 | 6.60 | 5.61 | 8.40 | pending | SW Vein |
including | 105.40 | 106.50 | 1.10 | 0.93 | 46.30 | pending | SW Vein |
EZ-21-03 | 88.60 | 95.00 | 6.40 | 5.44 | 7.22 | pending | SW Vein |
including | 89.30 | 91.90 | 2.60 | 2.21 | 11.80 | pending | SW Vein |
and | 90.00 | 91.30 | 1.30 | 1.11 | 19.80 | pending | SW Vein |
and | 34.70 | 35.20 | 0.50 | 0.43 | 3.15 | pending | SW Vein |
EZ-21-04 | 122.00 | 126.00 | 4.00 | 3.40 | 31.20 | 34.40 | SW Vein |
including | 123.00 | 124.50 | 1.50 | 1.28 | 52.10 | 68.30 | SW Vein |
including | 124.00 | 124.50 | 0.50 | 0.43 | 72.00 | 87.30 | SW Vein |
EZ-21-05 | 134.00 | 135.00 | 1.00 | 0.85 | 1.38 | Not Preformed | 7 Vein |
217.55 | 218.25 | 0.70 | 0.59 | 1.74 | 1.67 | SW Vein | |
and | 256.00 | 256.50 | 0.50 | 0.43 | 1.03 | 0.89 | SW Vein |
and | 554.85 | 555.35 | 0.50 | 0.43 | 0.24 | Not Preformed | West Vein |
EZ-21-06 | 134.50 | 136.00 | 1.50 | 1.28 | 1.10 | 1.71 | 7 Vein |
and | 245.00 | 246.00 | 1.00 | 0.85 | 2.05 | 2.45 | SW Vein |
EZ-21-07 | Hole lost | ||||||
EZ-21-07B | 40.10 | 41.10 | 1.00 | 0.85 | 4.88 | Not Preformed | 7 Vein |
and | 51.50 | 52.20 | 0.70 | 0.60 | 9.06 | Not Preformed | 7 Vein |
and | 160.00 | 165.75 | 5.75 | 4.89 | 0.53 | 0.70 | SW Vein |
EZ-21-08 | 196.25 | 202.40 | 6.15 | 5.23 | 0.65 | 0.66 | SW Vein |
and | 226.60 | 227.10 | 0.50 | 0.43 | 1.54 | 1.85 | SW Vein |
EZ-21-09 | 58.60 | 59.10 | 0.50 | 0.43 | 0.31 | Not Preformed | Blue Vein |
and | 270.90 | 272.90 | 2.00 | 1.70 | 2.56 | Not Preformed | SW Vein |
and | 355.88 | 357.00 | 1.12 | 0.95 | 0.85 | Not Preformed | SW Vein |
EZ-21-10 | 223.00 | 223.50 | 0.50 | 0.43 | 4.04 | Not Preformed | 7 Vein |
and | 347.70 | 349.20 | 1.50 | 1.28 | 0.22 | 0.21 | SW Vein |
EZ-21-11 | 326.90 | 327.40 | 0.50 | 0.43 | 0.55 | 0.44 | SW Vein |
EZ-21-12 | 117.80 | 118.80 | 1.00 | 0.85 | 47.6 | 33.7 | Blue Vein |
and | 130.70 | 131.20 | 0.50 | 0.43 | 26.4 | Not Preformed | Blue Vein |
and | 163.90 | 164.40 | 0.50 | 0.43 | 5.50 | 8.41 | Blue Vein |
and | 344.90 | 347.00 | 2.10 | 1.79 | 0.78 | 1.22 | SW Vein |
EZ-21-13 | 230.70 | 232.60 | 1.90 | 1.62 | 0.76 | 0.71 | SW Vein |
Hole ID | From (m) | To (m) | Interval (m) | True Thickness (m) | Gold Grade | MET Screen Grade | Vein |
EZ-21-14 | 224.00 | 224.90 | 0.90 | 0.77 | 1.63 | 1.15 | SW Vein |
EZ-21-15 | 318.40 | 320.80 | 2.40 | 2.04 | 0.31 | Not Preformed | SW Vein |
including | 320.30 | 320.80 | 0.50 | 0.43 | 1.14 | Not Preformed | SW Vein |
EZ-21-16 | 305.00 | 306.90 | 1.90 | 1.61 | 0.55 | Not Preformed | SW Vein |
EZ-21-17 | 171.00 | 171.50 | 0.50 | 0.43 | 0.14 | 0.57 | Vein |
and | 204.00 | 204.60 | 0.60 | 0.51 | 0.53 | Not Preformed | vein |
and | 254.60 | 256.85 | 2.25 | 1.91 | 1.40 | 1.58 | 7 Vein |
and | 350.13 | 350.75 | 0.62 | 0.53 | 1.01 | Not Preformed | SW Vein |
and | 379.47 | 382.00 | 2.53 | 2.15 | 0.63 | 0.64 | SW Vein |
EZ-21-18 | 299.50 | 299.90 | 0.40 | 0.34 | 1.53 | Not Preformed | SW Vein |
EZ-21-19 | 127.50 | 128.00 | 0.50 | 0.43 | 4.52 | Not Preformed | Blue Vein |
and | 129.00 | 130.50 | 1.50 | 1.28 | 4.25 | Not Preformed | Blue Vein |
and | 167.80 | 168.70 | 0.90 | 0.76 | 4.50 | 6.14 | Blue Vein |
and | 351.80 | 354.90 | 3.10 | 2.63 | 0.34 | Not Preformed | SW Vein |
EZ-21-20 | NSI** | ||||||
EZ-21-21 | 184.00 | 186.00 | 2.00 | 1.70 | 1.03 | Not Preformed | unknown |
and | 263.45 | 264.30 | 0.85 | 0.72 | 1.34 | Not Preformed | unknown |
EZ-21-22 | 175.55 | 176.70 | 1.15 | 0.98 | 1.60 | 2.50 | SW Vein |
EZ-21-23 | 145.00 | 149.10 | 4.10 | 3.48 | 1.11 | 1.83 | SW Vein |
including | 147.50 | 148.20 | 0.70 | 0.59 | 1.08 | 4.98 | SW Vein |
EZ-21-24 | 139.80 | 141.00 | 1.20 | 1.02 | 0.58 | 0.58 | Blue Vein |
and | 181.70 | 182.65 | 0.95 | 0.81 | 0.85 | 0.84 | Blue Vein |
EZ-21-25 | 111.00 | 113.70 | 2.70 | 2.30 | 13.4 | Not Preformed | Blue Vein |
including | 111.50 | 112.00 | 0.50 | 0.43 | 71.3 | Not Preformed | Blue Vein |
EZ-21-26 | 121.45 | 122.70 | 1.25 | 1.06 | 9.13 | Not Preformed | Blue Vein |
including | 121.45 | 121.70 | 0.25 | 0.21 | 45.1 | Not Preformed | Blue Vein |
and | 159.06 | 160.25 | 1.19 | 1.01 | 1.35 | 1.45 | Blue Vein |
EZ-21-27 | 152.20 | 153.60 | 1.40 | 1.19 | 12.1 | 14.31 | Blue Vein |
including | 152.20 | 153.20 | 1.00 | 0.85 | 16.3 | 19.19 | Blue Vein |
and | 157.00 | 157.40 | 0.40 | 0.34 | 1.27 | 1.28 | Blue Vein |
EZ-21-28 | 245.60 | 246.85 | 1.25 | 1.06 | 0.67 | Not Preformed | No.9 Vein |
*true thickness is estimated using a multiplier of 0.85.
**no significant intervals
Appendix 2: The following tables are providedto ensure compliance with the JORC Code (2012) requirements for the reporting of Exploration Results for the Elizabeth - Blackdome Gold Project
Section 1: SamplingTechniques and Data
(Criteria in this sectionapply to all succeeding sections.)
Criteria | JORC Code explanation | Commentary |
Sampling techniques |
information. |
|
Drilling techniques |
what method, etc). |
|
Drill sample recovery |
have occurred due to preferential loss/gain of fine/coarse material. |
|
Criteria | JORC Code explanation | Commentary |
Logging |
|
|
Sub- sampling techniques and sample preparation |
|
|
Quality of assay data andlaboratory tests |
|
|
Verification of sampling and assaying |
|
|
Criteria | JORC Code explanation | Commentary |
Location of data points |
|
|
Data spacing and distribution |
|
|
Orientation of data in relation to geological structure |
|
|
Sample s Security |
|
|
Audits or Reviews |
|
|
Section 2: Reportingof Exploration Results
(Criteria listed in the preceding section also apply to this section.)
Criteria | JORC Code explanation | Commentary |
Mineral tenement andland tenure status |
|
(refer to ASX announcement 15 December 2020)
|
Exploration done by other parties |
|
|
Criteria | JORC Code explanation | Commentary |
Mining operations lastedsix months and ended in May of 1999. During this period, 6,547 oz of Au and 17,300 oz of Ag were producedfrom 21,268 tons of ore. Further exploration programs were continued by Claimstaker over the following years and a Japanese joint venture partnerwas brought onboardthat prompted a name changeto J-Pacific Gold Inc. This partnership was terminated by 2010, resulting in another name change to Sona Resources Corp.
| ||
Geology |
|
Blackdome and are correlated with the KamloopsGroup seen in the Ashcroft and Nicola regions. |
Criteria | JORC Code explanation | Commentary |
Geochemical studies (Vivian,1988) have shownthese rocks to be derivedfrom a "calc-alkaline" magma in a volcanicarc type tectonicsetting. Eocene age granitic intrusions at Poison Mountain some 22 kilometres southwest of Blackdome are host to a gold bearing porphyry copper/molybdenum deposit. It is speculated that this or related intrusions could reflect the source magmas of the volcanic rocks seen at Blackdome. There is some documented evidenceof young graniticrocks several kilometres south of the mine near Lone Cabin Creek. The youngest rocks present are Oligocene to Miocene basalts of the Chilcotin Group. These are exposed on the uppermost slopes of Blackdome Mountain and Red Mountain to the south.
brittle faulting believed to be contemporaneous with mid- Eocene extensional faulting along the Marshall Creek,Mission Ridge and Quartz Mountain faults. |
Criteria | JORC Code explanation | Commentary |
Drill hole Information |
of the report, the Competent Person should clearlyexplain why this isthe case. |
|
Data aggregation methods |
|
|
Relationship between mineralisation widthsand intercept lengths |
known'). |
|
Diagrams |
hole collar locations and appropriate sectional views. |
|
Criteria | JORC Code explanation | Commentary |
Balanced reporting |
Results. |
|
Other substantive exploration data |
substances. |
|
Further work |
information is not commercially sensitive. |
|
SOURCE: Tempus Resources Ltd
View source version on accesswire.com:
https://www.accesswire.com/687717/Elizabeth-Gold--More-High-Grade-Gold-in-Blue-Vein-Assays
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.