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Tempus Resources Ltd (ASX:TMR, TSX.V:TMRR, OTCQB:TMRFF) has resumed drilling at the Elizabeth Gold Project in Southern British Columbia. The 2021 Exploration Program commenced on June 5, focusing on the SW Vein, which remains underexplored. Previous drilling achieved remarkable results, with assays up to 186 grams per tonne gold. The company plans to extend drilling from previous depths of 200 meters, potentially uncovering further high-grade mineralization along a 400m strike. This initiative aims to enhance resource estimates and bolster Tempus's growth trajectory.
Tempus Resources Ltd. has initiated its 2021 Exploration Program at the Elizabeth Gold Project in southern BC, Canada, with a contract signed for diamond-core drilling services. The program includes up to 12,000 linear metres of drilling and environmental sampling. The Company has also commissioned an aeromagnetic survey over 115km² to identify new gold targets. Previous drilling demonstrated high-grade gold assays, indicating strong potential for further mineralization. The exploration workforce includes significant representation from the Xwisten First Nations community.
Tempus Resources Ltd. has received listing approval and commenced trading on the OTCQB under the symbol TMRFF. This move enhances accessibility for US investors interested in the company’s exploration projects in Canada and Ecuador. President Jason Bahnsen emphasized growing North American interest, which is expected to expand Tempus's shareholder base and trading liquidity. The flagship project, the Blackdome-Elizabeth, is currently under a drill program aimed at updating its resource estimate.
Tempus Resources Ltd. has finalized an Option/Joint Venture Agreement with Robinhood Gold Corp. for the Mineral Creek Project in British Columbia. RGC can earn a 75% interest through $2 million in work commitments by December 31, 2023. An additional 5% interest can be acquired for C$1,000,000 during the joint venture. The project spans 9,877 hectares and has a historic background in gold mining. Tempus continues to advance its Blackdome-Elizabeth Project, featuring ongoing drilling and resource estimation efforts.