viewTempus Resources Ltd

Tempus Resources gains new substantial holder in prominent Canadian investment company Sprott Inc

Around 4,000 metres of drilling remains in the phase-I drilling program at the Blackdome Elizabeth Gold Project in Canada and Tempus expects to re-start drilling in the Canadian spring.

Tempus Resources Ltd -
The investment represents a strong vote of confidence in Tempus and its assets.

Tempus Resources Ltd (ASX:TMR) (CVE:TMRR) (FRA:4W0) has gained a substantial holder in Sprott Inc, a prominent Canadian resources investment company that specialises in gold.

Sprott attained this status on December 21 and now holds more than 6.44 million shares in Tempus for a 7.45% stake in the gold exploration company.

Elizabeth project assays

Tempus traded higher on February 8 after receiving strong assays of up to 186 g/t gold from the first 11 drill holes completed as part of phase-I drilling on the Elizabeth sector of Blackdome Elizabeth Gold Project in Canada.

A total of 2,006 metres was completed as part of the total 6,000-metre program from mid-November to mid-December 2020.

The primary focus of the initial drilling was infill and down-dip extension at the southern portion of the southwest vein and a single drill-hole testing the extension of the west and main veins.

Quick facts: Tempus Resources Ltd

Price: 0.19 AUD

Market: ASX
Market Cap: $16.42 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Tempus Resources Ltd named herein, including the promotion by the Company of Tempus Resources Ltd in any Content on the Site, the Company...


Tempus Resources sees potential for major mineralisation at its Valle de...

Tempus Resources Ltd's (ASX:TMR) (CVE:TMRR) (FRA:4W0) Jason Bahnsen caught up with Proactive's Andrew Scott after announcing they've completed a phase 1 exploration program at its Valle de Tigre II project in south-eastern Ecuador with visible gold and copper observed in samples. The sampling...

2 days, 19 hours ago

2 min read