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Tempus Resources CEO Jason Bahnsen shared, “We're developing a resource and fast tracking to a potential production scenario.”
Tempus Resources (ASX:TMR,TSXV:TMRR,OTCQB:TMRFF) announced "bonanza"-grade gold assay results from the newly discovered Blue vein at its Blackdome-Elizabeth gold project in Southern BC, Canada. Tempus Resources CEO Jason Bahnsen is pleased to share the company’s plans on expanding the resource.
“We've been working on Elizabeth and we have 10,000 metres of drilling,” Bahnsen said. "The main focus of the drill campaign was to increase the size of the resource from that initial 206,000. We discovered a new vein 150 metres to the northwest and we announced another hole called the Blue vein. Blue vein graded up to 71 grams: 13.4 grams over 2.3 metres, and within that 71 grams over half a metre."
Tempus expanded the Blue vein when drill hole EZ-21-12 intersected visible gold in the drill core on September 27, 2021. The Blue vein is located about 150 metres to the northwest, and parallel, to the SW vein intersected by six drill holes that demonstrated an initial strike length of 380 metres. The company completed a Phase 1 drill program at its Blackdome-Elizabeth project with four drill hole assay results for a total of 39 drill holes over 9,826 metres.
According to Bahnsen, the company is now focused on expanding its resources, anticipating more holes to be discovered from Elizabeth.
“We're coming up with an updated resource on the project targeted this year. We've done a detailed metallurgical study based on some previous test work that was done using both the Blackstone mill and Elizabeth. We can expect up to 98 percent total recovery. We're working with a well-regarded engineering group based in Vancouver to review the capital cost, the lead time and how do we get this into production,” Bahnsen said.
“We look pretty attractively priced. The upside is having a high-grade project. We're developing a resource and fast tracking to a potential production scenario. We're an excellent sort of buying opportunity.”
Watch the full interview of Tempus Resources CEO Jason Bahnsen above.
Disclaimer: This interview is sponsored by Tempus Resources (ASX:TMR,TSXV:TMRR,OTCQB:TMRFF). This interview provides information that was sourced by the Investing News Network (INN) and approved by Tempus Resources in order to help investors learn more about the company. Tempus Resources is a client of INN. The company’s campaign fees pay for INN to create and update this interview.
INN does not provide investment advice and the information on this profile should not be considered a recommendation to buy or sell any security. INN does not endorse or recommend the business, products, services or securities of any company profiled.
The information contained here is for information purposes only and is not to be construed as an offer or solicitation for the sale or purchase of securities. Readers should conduct their own research for all information publicly available concerning the company. Prior to making any investment decision, it is recommended that readers consult directly with Tempus Resources and seek advice from a qualified investment advisor.
This interview may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, receipt of property titles, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. The issuer relies upon litigation protection for forward-looking statements. Investing in companies comes with uncertainties as market values can fluctuate.