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Tempus Intersects More Bonanza Grades in Elizabeth Drill-Holes 11, 12, and 13

PERTH, AUSTRALIA / ACCESSWIRE / September 22, 2022 / Tempus Resources Ltd ("Tempus" or "the Company") (ASX:TMR)(TSXV:TMRR)(OTC:TMRFF) is pleased to announce assay results for drill-holes EZ-22-11, EZ-22-12, and EZ-22-13 completed at the Elizabeth Gold Project. All seven holes reported today targeted the extension of the Blue Vein gold mineralisation.

HIGHLIGHTS

  • Assay results have been received for drill holes EZ-22-11, EZ-22-12 and EZ-22-13 targeting the Blue Vein at the Elizabeth Gold Project - all three drill-holes intersected wide zones of quartz veining with gold mineralisation
  • Drill-hole EZ-22-11 intersected multiple layered zones of quartz veining over approximately 96 metres from 102.50 metres 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 meter from 103.15 meters
  • The results in EZ-22-11 extend the interpreted high and ‘bonanza' grade strike length for Blue Vein by 80 metres to approximately 180 metres, comparing very favourably to the strike extent of the high-grade chutes on Southwest Vein of approximately 80 metres combined, which contained almost 70% of the historical mineral resource for Elizabeth
  • EZ-22-12 intersected multiple zones of quartz veining with anomalous gold mineralisation over approximately 75 metres from 137.0 metres with more notable intersections that included 1.26 g/t gold over 1.68 metres from 137.65 metres
  • EZ-22-13 intersected multiple zones of quartz veining with a combination of anomalous and high-grade gold mineralisation throughout
    • 1.62g/t gold over 0.25 metres from 108.50 metres, and
    • 1.03g/t gold over 0.27 metres from 111.00 metres, and
    • 15.30g/t gold over 0.11 metres from 112.34 meters, and
    • 1.49g/t gold over 0.18 metres from 196.42 metres, and
    • 1.95g/t gold over 0.17 metres from 215.83 metres
  • Based on the outstanding results received to date, Tempus has extended the 2022 drilling program and now expects to complete up to 40 drill-holes for approximately 2,000 extra metres (vs. 30-hole program originally announced in May)

Tempus Resources, President and CEO, Jason Bahnsen, commented "Today we announce results for three more drill holes from the Blue Vein. 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 drill-holes being reported today (EZ-22-11, EZ-22-12, EZ-22-13) 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 7 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 program has been upsized and continues to test the Blue Vein structure over a total strike length of approximately 400 metres.

Table 1 -Elizabeth Blue Vein EZ-22-11 to EZ-22-13 Significant Intersections

Hole IDFrom (m)To (m)Interval (m)True Thickness (m)*Gold GradeVein
EZ-22-11102.45193.4291.3777.670.31Blue Vein
including102.45104.752.301.9611.75Blue Vein
including103.15103.450.300.2685.20Blue Vein
EZ-22-12137.65139.331.681.431.26Blue Vein
including138.80139.330.530.452.08Blue Vein
EZ-22-13108.52108.770.250.211.62Blue Vein
and111.00111.270.270.231.03Blue Vein
and112.34112.450.110.0915.30Blue Vein
and196.42196.600.180.151.49Blue Vein
and215.83216.000.170.141.95Blue Vein

*true thickness is estimated using a multiplier of 0.85.
**The Company considers anything over 0.2 g/t gold as significant.

As of the date of this news release, 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.

Figure 1 - Elizabeth plan view showing 2022 drill-hole locations

Tempus Resources Ltd, Thursday, September 22, 2022, Press release picture

Figure 2 - Elizabeth Blue Vein long section (looking northwest)

Tempus Resources Ltd, Thursday, September 22, 2022, Press release picture

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. Sonny Bernales, who is a Member of the Engineers and Geoscientists British Columbia (EGBC), which is a recognised Professional Organisation (RPO), and an employee of Tempus Resources. Mr. Bernales 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. Bernales 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 Blackdome-Elizabeth Project, a high grade gold past producing project located in Southern British Columbia. Tempus is currently midway through a drill program at Blackdome-Elizabeth 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 are developed based on assumptions about such risks, uncertainties and other factors set out herein and the other risks and uncertainties disclosed under the heading "Risk and Uncertainties" in the Company's Management's Discussion & Analysis for the quarter and nine months ended March 31, 2022 dated May 16, 2022 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 ASX Exchange, 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

UTMUTM
Hole IDTargetEasting (NAD83Northing (NAD83Elevation (m)Length (m)AzimuthDip
Z10)Z10)
EZ-21-01SW Vein53120356537712400105121-52
EZ-21-02SW Vein53120356537712400132146-55
EZ-21-03SW Vein53120356537712400111158-47
EZ-21-04SW Vein53120356537712400135168-58
EZ-21-05SW Vein53107856537762400561123-48
EZ-21-06SW Vein53107856537762400255110-55
EZ-21-07SW Vein53120356537712400126115-75
EZ-21-07bSW Vein53120356537712400186115-75
EZ-21-08SW Vein53119556538392427231115-68
EZ-21-09SW Vein53120056540202330360120-48
EZ-21-10SW Vein53095356537722390354127-50
EZ-21-11SW Vein53095356537722390381136-50
EZ-21-12SW Vein53095356537722390375125-45
EZ-21-13SW Vein5309195653596230026194-45
EZ-21-14SW Vein53091956535962300261108-55
EZ-21-15SW Vein53091956535962300330100-55
EZ-21-16SW Vein5309195653596230033083-48.5
EZ-21-17SW Vein5309195653596230041498-63
EZ-21-18SW Vein53091956535962300351128.5-63
EZ-21-19SW Vein53095356537722390417129-58
EZ-21-20SW Vein53084956534322260300129-45
EZ-21-21East Veins5316955653463212035790-45
EZ-21-22SW Vein5311955653839242718875-45
EZ-21-23SW Vein5316955653463212016591-45
EZ-21-24Blue Vein5309535653772239021984-54
EZ-21-25Blue Vein53095356537722390201105-58
EZ-21-26Blue Vein5309535653772239019895-45
EZ-21-27Blue Vein53095356537722390195150-60
EZ-21-28No.9 Vein53095356537722390321300-55

Table 1: Drill Hole Collar Table

UTM

UTM

Hole ID

Target

Easting (NAD83

Northing (NAD83

Elevation (m)

Length (m)

Azimuth (o)

Dip

(o)

Z10)

Z10)

EZ-22-01

Blue Vein

530953

5653772

2400

222

130

-65

EZ-22-02

Blue Vein

531203

5653772

2400

225

108

-65

EZ-22-03

Blue Vein

531203

5653772

2400

198

95

-50

EZ-22-04

Blue Vein

531200

5653774

2393

375

290

-55

EZ-22-05

Blue Vein

531130

5653775

2399

156

280

-45

EZ-22-06

Blue Vein

531130

5653775

2399

237

290

-55

EZ-22-07

Blue Vein

531130

5653775

2399

216

298

-45

EZ-22-08

Blue Vein

531039

5653887

2422

201

135

-50

EZ-22-09

Blue and SW Vein

530953.1

5653772

2392

468

100

-53

EZ-22-10

Blue Vein

530953.1

5653772

2392

210

95

-65

EZ-22-11

Blue Vein

531039

5653887

2422

207

110

-60

EZ-22-12

Blue Vein

531039

5653887

2422

216

85

-50

EZ-22-13

Blue Vein

531039

5653887

2422

251

123

-65

EZ-22-14

Blue Vein

531004

5653896

2428

249

140

-65

EZ-22-15

Blue Vein

531004

5653896

2428

156

130

-65

EZ-22-16

Blue Vein

531004

5653896

2428

242

120

-65

EZ-22-17

Blue Vein

531004

5653896

2428

251

160

-65

EZ-22-18

Blue Vein

531004

5653896

2428

258

150

-65

EZ-22-19

No.9 Vein

531041

5653893

2422

201

284

-63

EZ-22-20

No.9 Vein

531041

5653893

2422

270

284

-67

EZ-22-21

No.9 Vein

531041

5653893

2422

216

294

-63

EZ-22-22

No.9 Vein

531041

5653893

2422

183

274

-63

EZ-22-23

No.9 Vein

531041

5653893

2422

201

264

-63

EZ-22-24

Main & West Vein

531347

5653777

2378

405

100

-45

EZ-22-25

No.9 Vein

531039

5653888

2422

181

254

-63

EZ-22-26

No.9 Vein

531039

5653888

2422

201

244

-63

EZ-22-27

No.9 Vein

531038

5653891

2422

201

308

-63

EZ-22-28

No.9 Vein

531038

5653891

2422

234

318

-63

EZ-22-29

SW Vein

531136

5653860

2422

246

111

-48

EZ-22-30

SW Vein

531136

5653860

2422

83

111

-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

EZ-21-14

224.00

224.90

0.90

0.77

1.63

1.15

SW Vein

Hole ID

From (m)

To (m)

Interval (m)

True Thickness (m)

Gold Grade

MET Screen Grade

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

SW Vein

and

204.00

204.60

0.60

0.51

0.53

Not Preformed

SW 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

Hole ID

From (m)

To (m)

Interval (m)

True Thickness (m)

Gold Grade

MET Screen Grade

Vein

EZ-22-01

123.90

124.70

0.80

0.68

2.07

2.07

Blue Vein

and

125.90

126.00

0.10

0.08

3.82

3.82

Blue Vein

and

161.42

161.82

0.40

0.34

2.25

2.25

Blue Vein

EZ-22-02

147.65

147.83

0.18

0.15

6.88

6.88

Blue Vein

and

185.25

185.85

0.60

0.51

1.89

1.89

Blue Vein

EZ-22-03

96.91

97.33

0.42

0.36

2.05

523.00

Blue Vein

and

124.02

124.47

0.45

0.38

32.66

Not Preformed

Blue Vein

including

124.02

124.13

0.11

0.09

130.00

133.00

Blue Vein

and

164.41

166.14

1.73

1.47

7.41

Not Preformed

Blue Vein

including

165.41

166.14

0.73

0.62

17.40

Not Preformed

Blue Vein

EZ-22-04

353.8

354

0.2

0.17

1.25

Not Preformed

Blue Vein

EZ-22-05

44.5

45.2

0.7

0.595

11.20

Not Preformed

Blue Vein

and

56.8

57

0.2

0.17

1.38

Not Preformed

Blue Vein

and

84.65

85.55

0.9

0.765

1.33

Not Preformed

Blue Vein

and

98

99

1

0.85

2.62

Not Preformed

Blue Vein

EZ-22-06

40.2

40.9

0.7

0.595

1.91

Not Preformed

Blue Vein

and

47.8

48.15

0.35

0.2975

1.17

Not Preformed

Blue Vein

and

153.35

155

1.65

1.4025

1.71

Not Preformed

Blue Vein

Including

154.15

155

0.85

0.7225

2.79

Not Preformed

Blue Vein

EZ-22-07

164.6

164.92

0.32

0.272

1.45

Not Preformed

Blue Vein

and

165.66

165.79

0.13

0.1105

7.30

Not Preformed

Blue Vein

and

170.17

170.4

0.23

0.1955

48.60

Not Preformed

Blue Vein

EZ-22-08

120.6

121

0.4

0.34

0.494

Not Preformed

Blue Vein

EZ-22-09

105.12

106.17

1.05

0.89

322.54

310.72

Blue Vein

including

105.12

105.32

0.20

0.17

1,654

1,572

Blue Vein

105.32

106.17

0.85

0.72

9.25

13.95

Blue Vein

and

161.13

162.00

0.87

0.74

2.68

Not Preformed

Blue Vein

and

356.19

358.38

2.19

1.86

0.41

Not Preformed

SW Vein

Including

356.19

356.70

0.51

0.43

1.05

Not Preformed

SW Vein

EZ-22-10

193.1

194.75

1.65

1.40

0.61

Not Preformed

Blue Vein

Including

193.98

194.23

0.25

0.21

0.997

Not Preformed

Blue Vein

EZ-22-11

102.45

193.42

91.37

77.67

0.31

Not Preformed

Blue Vein

including

102.45

104.75

2.30

1.96

11.75

Not Preformed

Blue Vein

including

103.15

103.45

0.30

0.26

85.20

Not Preformed

Blue Vein

Hole ID

From (m)

To (m)

Interval (m)

True Thickness (m)

Gold Grade

MET Screen Grade

Vein

EZ-22-12

137.65

139.33

1.68

1.43

1.26

Not Preformed

Blue Vein

including

138.80

139.33

0.53

0.45

2.08

Not Preformed

Blue Vein

EZ-22-13

108.52

108.77

0.25

0.21

1.62

Not Preformed

Blue Vein

and

111.00

111.27

0.27

0.23

1.03

Not Preformed

Blue Vein

and

112.34

112.45

0.11

0.09

15.30

Not Preformed

Blue Vein

and

196.42

196.60

0.18

0.15

1.49

Not Preformed

Blue Vein

and

215.83

216.00

0.17

0.14

1.95

Not Preformed

Blue Vein

*true thickness is estimated using a multiplier of 0.85. The Company considers anything over 0.2 g/t gold as significant. **no significant intervals

Appendix 2: The following tables are provided to ensure compliance with the JORC Code (2012) requirements for the reporting of Exploration Results for the Elizabeth - Blackdome Gold Project

Section 1: Sampling Techniques and Data

(Criteria in this section apply to all succeeding sections.)

Criteria
JORC Code explanation
Commentary
Sampling techniques
  • Nature and quality of sampling (eg cut channels, random chips, or specific specialised industry standard measurement tools appropriate to the minerals under investigation, such as down hole gammasondes, or handheld XRF instruments, etc).These examples should not be taken as limiting the broad meaningof sampling.
  • Include reference to measures taken to ensure sample representivity and the appropriate calibration of any measurement tools or systemsused.
  • Aspects of the determination of mineralisation that are Materialto the Public Report. In cases where "industry standard" work has been done this would be relatively simple (eg ‘reverse circulation drilling was used to obtain1 m samples from which 3 kg was pulverised to produce a 30 g charge for fire assay'). In other cases more explanation may be required, such as where there is coarse gold that has inherent sampling problems. Unusual commodities or mineralisation types (eg submarine nodules) may warrant disclosure of detailed information.
  • HQ (63.5 mm) sized diamond core using standard equipment.
  • Mineralised and potentially mineralised zones, comprising veins, breccias, and alteration zones were sampled.
  • Samples were half core.
  • Typical core samples are 1m in length.
  • Core samplessent to the lab will be crushedand pulverized to 85% passing75 microns. A 50g pulp will be fire assayedfor gold and multi-element ICP.Samples over 10 g/t gold will be reanalysed by fire assay with gravimetric finish
Drilling techniques
  • Drill type (eg core, reversecirculation, open-hole hammer, rotary air blast, auger, Bangka, sonic, etc) and details (eg core diameter, triple or standard tube, depth of diamond tails, face-sampling bit or other type, whether core is oriented and if so, by what method,etc).
  • Diamond Drilling from surface (HQ size)
Drill sample recovery
  • Method of recording and assessing core and chip sample recoveries and results assessed.
  • Measures taken to maximise sample recovery and ensure representative nature of the samples.
  • Whether a relationship exists between sample recovery and grade and whether sample bias may have occurred due to preferential loss/gain of fine/coarse material.
  • Detailed calculation of recovery was recorded, with most holes achieving over 95%
  • No relationship has yet been noted between recovery and grade and no sample bias was noted to have occurred.
Criteria
JORC Code explanation
Commentary
Logging
  • Whether core and chip samples have been geologically and geotechnically logged to a level of detail to support appropriate Mineral Resource estimation, mining studies and metallurgical studies.
  • Whether logging is qualitative or quantitative in nature. Core (or costean, channel, etc) photography.
  • The total length and percentage of the relevant intersections logged.
  • Detailed geological and geotechnical logging was completed for each hole.
  • All core has been photographed.
  • Complete holes were logged.
Sub- sampling techniques and samplepreparation
  • If core,whether cut or sawn and whether quarter, half or all core taken.
  • If non-core, whether riffled, tube sampled, rotary split, etc and whether sampled wet or dry.
  • For all sample types, the nature, quality and appropriateness of the sample preparation technique.
  • Quality control procedures adopted for all sub- sampling stages to maximise representivity of samples.
  • Measures taken to ensure that the sampling is representative of the in situ material collected, including for instance results for field duplicate/second-half sampling.
  • Whether sample sizes are appropriate to the grain size of the material being sampled.
  • Half core was sampled, using a core saw.
  • Duplicate samplesof new and historical core are Quarter core or half core where not previously sampled
  • Sample sizes are considered appropriate for the grain size of the material being sampled.
  • It is expected that bulk sampling will be utilised as the project advances, to more accurately determine grade.
Quality of assay data and laboratory tests
  • The nature, quality and appropriateness of the assaying and laboratory procedures used and whether the technique is considered partialor total.
  • For geophysical tools, spectrometers, handheld XRF instruments, etc, the parameters used in determining the analysis including instrument make and model, reading times, calibrations factors applied and their derivation, etc.
  • Nature of quality control procedures adopted (eg standards, blanks,duplicates, external laboratory checks) and whether acceptable levels of accuracy (ie lack of bias) and precision have been established.
  • Core samples that have been sent to the lab for analysis include control samples (standards, blanks and prep duplicates) inserted at a minimum rate of 1:5 samples.
  • In addition to the minimum rate of inserted control samples, a standard or a blank is inserted following a zone of mineralization or visible gold
  • Further duplicate samples were analysed to assess variability
Verification of sampling and assaying
  • The verification of significant intersections by either independent or alternative company personnel.
  • The use of twinned holes.
  • Documentation of primary data, data entry procedures, data verification, data storage (physical and electronic) protocols.
  • Discuss any adjustment to assay data.
  • Re-assaying of selected intervals of historic core have been sent for analysis.
Criteria
JORC Code explanation
Commentary
Location of datapoints
  • Accuracy and quality of surveys used to locate drill holes (collar and down-hole surveys), trenches, mine workings and other locations used in Mineral Resource estimation.
  • Specification of the grid system used.
  • Quality and adequacy of topographic control.
  • All sampling points were surveyed using a hand held GPS.
  • UTM grid NAD83Zone 10.
  • A more accurate survey pickup will be completed at the end of the program, to ensure data is appropriate for geological modelling and Resource Estimation.
  • Down hole surveys have been completed on all holes.
Data spacing and distribution
  • Data spacing for reporting of Exploration Results.
  • Whether the data spacing and distribution is sufficient to establish the degree of geological and grade continuity appropriate for the Mineral Resource and Ore Reserveestimation procedure(s) and classifications applied.
  • Whether sample compositing has been applied.
  • Most drilling is targeting verification and extension of known mineralisation.
  • It is expected that the data will be utilised in a preparation of a Mineral Resource statement.
  • Additional drilling is exploration beneath geochemical anomalies, and would require further delineation drilling to be incorporated in a MineralResource.
Orientation of data in relation to geological structure
  • Whether the orientation of sampling achieves unbiased sampling of possible structures and the extent to which this is known, considering the deposit type.
  • If the relationship between the drilling orientation and the orientation of key mineralised structures is considered to have introduced a sampling bias, this should be assessed and reported if material.
  • In general, the aim was to drill perpendicular to the mineralised structures, to gain an estimate of the true thickness of the mineralised structures.
  • At several locations, a series (fan) of holes was drilled to help confirm the orientation of the mineralised structures and to keep land disturbance to a minimum.
Samples Security
  • The measures taken to ensure sample security.
  • Samples from Elizabeth were delivered to the laboratory by a commercial transport service.
Audits or Reviews
  • The results of any auditsor reviews of sampling techniques and data.
  • An independent geological consultant has recently visited the site as part of preparing an updated NI43-101Technical Report for the Project.

Section 2: Reporting of Exploration Results
(Criteria listed in the preceding section also apply to this section.)

Criteria
JORC Code explanation
Commentary
Mineral tenement and land tenure status
  • Type, reference name/number, location and ownership including agreements or material issues with third parties such as joint ventures, partnerships, overriding royalties, nativetitle interests, historical sites, wilderness or national park and environmental settings.
  • The security of the tenure held at the time of reporting along with any known impediments to obtaining a licence to operate in the area.
  • The Blackdome-Elizabeth Projectis comprised of 73 contiguous mineral claims underlain by 14 Crown granted mineral claims and two mining leases.
  • The Property is located in the Clintonand Lillooet MiningDivisions approximately 230 km NNE of Vancouver
  • Tempus has exercised the option to acquire the Elizabeth Gold Project and has completed an addendum to the original Elizabeth Option Agreement
(refer to ASX announcement 15 December 2020)
  • A net smelter royalty of 3% NSR (1% purchasable) applies to several claims on the Elizabeth Property.
  • No royalties apply to the Blackdome Property or Elizabeth Regional Properties.
  • There are currently no known impediments to developing a project in this area, and all tenure is in good standing.
Exploration done by other parties
  • Acknowledgment and appraisal of exploration by other parties.
  • In the 1940s, placer gold was discovered in Fairless Creek west of Blackdome Summit.Prospecting by Lawrence Frenier shortly afterward led to the discovery of gold-bearing quartzveins on the southwest slope of the mountain that resulted in the staking of mining claims in 1947. Empire Valley Gold Mines Ltd and Silver Standard Resources drove two adits and completed basic surfacework during the 1950s.
  • The Blackdome area was not worked again until 1977 when Barrier Reef Resources Ltd.re-staked the area and performed surface work in addition to underground development. The Blackdome Mining Corp. was formed in 1978 and performed extensive surface and underground work with various joint venture partners that resulted in a positive feasibility study. A 200 ton/daymill, camp facilities and tailings pond were constructed and mining operations officially commenced in 1986.The mine ceased operations in 1991,having produced 225,000oz of Au and 547,000oz of Ag from 338,000tons of ore (Godard et al., 2010)
  • After a period of inactivity, Claimstaker Resources Ltd.took over the project, reopening the mine in late 1998.
Criteria
JORC Code explanation
Commentary
Mining operations lasted six months and ended in May of 1999.During this period,6,547 oz of Au and 17,300 oz of Ag were produced from 21,268 tons of ore. Further exploration programs were continued by Claimstaker over the following years and a Japanese joint venture partner was brought onboard that prompted a name change to J-Pacific Gold Inc. This partnership was terminated by 2010, resulting in another name change to Sona Resources Corp.
  • Gold-bearing quartz veins were discovered near Blue Creek in 1934, and in 1940-1941 the Elizabeth No. 1-4 claims were staked.
  • Bralorne Mines Ltd. optioned the property in 1941 and during the period 1948-1949, explored the presently- named Main and West Veins by about 700 metres of cross-cutting and drifting, as well as about 110 metres of raises.
  • After acquiring the Elizabeth Gold Project in 2002, J- Pacific (now Sona) has conducted a series of exploration programs that included diamond drilling 66 holes totalling 8962.8 metres (up until 2009) Other exploration work by Sona at the Elizabeth Gold Project has included two soil grid, stream sediment sampling, geological mapping and sampling, underground rehabilitation, structural mapping and airborne photography and topographic base map generation.
Geology
  • Deposit type,geological setting and style of mineralisation.
  • The Blackdome property is situated in a region underlain by rocks of Triassicto Tertiary age. Sedimentary and igneous rocks of the Triassic Pavilion Group occurring along the FraserRiver represent the oldest rocks in the region. A large, Triassic age, ultramafic complex (Shulaps Complex) was emplaced along the Yalakom fault; a regional scale structure located some 30 kilometres south of the property. Sediments and volcanics of the Cretaceous Jackass Mountain Groupand Spences Bridge/Kingsvale Formations overlie the Triassic assemblages. Some of these rocks occur several kilometres south of Blackdome.
  • Overlying the Cretaceous rocks are volcanics and minor sediments of Eocene age.These rocks underlie much of Blackdome and are correlated with the Kamloops Group seen in the Ashcroft and Nicola regions.
CriteriaJORC Code explanationCommentary
Drill hole Information
  • A summary of all information material to the understanding of the exploration results including a tabulation of the following information for all Material drill holes:
    • easting and northing of the drill hole collar
    • elevation or RL (Reduced Level - elevation above sea level in metres) of the drill hole collar
    • dip and azimuth of the hole
    • down hole length and interception depth
    • hole length.
  • If the exclusion of this information is justified on the basis that the information is not Material and this exclusion does not detract from the understanding of the report, the Competent Person should clearly explain why this is the case.
  • Refer to Appendix 1 for drill hole collar information
Data aggregation methods
  • In reporting Exploration Results, weighting averaging techniques, maximum and/ or minimum grade truncations (eg cutting of high grades) and cut-off grades are usually Material and should be stated.
  • Where aggregate intercepts incorporate short lengths of high grade results and longer lengths of low grade results, the procedure used for such aggregation should be stated and some typical examples of such aggregations should be shown in detail.
  • The assumptions used for any reporting of metal equivalent values should be clearly stated.
  • Intervals reported using several samples are calculated using a weighted average.
  • Calculated intervals using a weighted average did not use a top cut on high-grade samples. High-grade samples are reported as 'including'
  • Calculated weighted average intervals are continuous intervals of a mineralized zone and do not include unsampled intervals or unmineralized intervals.
Relationship between mineralisation widths and intercept lengths
  • These relationships are particularly important in the reporting of Exploration Results.
  • If the geometry of the mineralisation with respect to the drill hole angle is known, its nature should be reported.
  • If it is not known and only the down hole lengths are reported, there should be a clear statement to this effect (eg 'down hole length, true width not known').
  • In general, drilling is designed to intersect the mineralized zone at a normal angle, but this is not always possible.
  • For the reported intervals, true widths are reported where mineralized core was intact and possible to measure the orientation. Otherwise the true width is left blank
Diagrams
  • Appropriate maps and sections (with scales) and tabulations of intercepts should be included for any significant discovery being reported These should include, but not be limited to a plan view of drill hole collar locations and appropriate sectional views.
  • Refer to maps within announcement for drill hole locations.
Criteria
JORC Code explanation
Commentary
Balanced
reporting
  • Where comprehensive reporting of all Exploration Resultsis not practicable, representative reporting of both low and high grades and/or widths should be practiced to avoid misleading reporting of Exploration Results.
  • Where broaderlow-grade intervals are reported the high-grade intercepts are reported as 'including' within the reported interval
Other substantive exploration data
  • Other exploration data, if meaningful and material, should be reported including (but not limited to): geological observations; geophysical survey results; geochemical survey results; bulk samples - size and method of treatment; metallurgical test results; bulk density, groundwater, geotechnical and rock characteristics; potential deleterious or contaminating substances.
  • Tempus recently completed an airborne magnetic and radiometric survey over the Elizabeth Gold Project (refer to ASX announcement 02 August 2021) by completing 97 lines for a total of 735 line-kilometres. Flight lines are oriented east-west with north-south tie lines and spaced 200 metres across the entire 115km2 Elizabeth property. Line spacing of 100 metres was flown over the Elizabeth Main and Elizabeth East Zones.
  • The airborne magnetic survey data was reviewed and interpreted by Insight Geophysics Inc. using 3D magnetization vector inversion (MVI) modelling.
  • The geophysical surveys identified the Blue Creek Porphyry, which is the known host of the high-grade Elizabeth gold-quartz veins, as a relative magnetic low anomaly within the Shulaps Ultramafic Complex. From this correlation of geology and geophysics it was determined that the Blue Creek Porphyry, originally explored / mapped to approximately 1.1km2 in size, is likely much larger. The airborne magnetic survey and MVI 3D modelling interpret the Blue Creek Porphyry to be at least four-times the size at approximately 4.5km2.
  • This interpretation of the Blue Creek Porphyry is also extensive at depth extending to at least 2km deep
Further work
  • The natureand scale of planned furtherwork (eg tests for lateral extensions or depth extensions or large- scale step-out drilling).
  • Diagrams clearly highlighting the areas of possible extensions, including the main geological interpretations and future drilling areas, provided this information is not commercially sensitive.
  • Tempus plans to updatehistorical NI43-101 foreign resource estimates to current NI43-101 and JORC 2012 standards
  • Tempus is also seekingto expand the scale of the mineralisation at the project through further exploration.

SOURCE: Tempus Resources Ltd



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