viewTempus Resources Ltd

Tempus Resources all clear to begin drilling at Blackdome-Elizabeth Gold Project, Canada

Drilling at the project in British Columbia is expected to continue until October 2020.

Tempus Resources Ltd - Tempus Resources set to commence drilling at Blackdome-Elizabeth Gold Project, Canada
Equipment will be mobilised to site next week

Tempus Resources Ltd (ASX:TMR) has received approval for its Notice of Work from the British Columbia Ministry of Energy, Mines and Petroleum Resources (EMPR) - paving the way for a maiden drilling program at the Blackdome-Elizabeth Gold Project in Canada.

This program comprises around 8,500 metres of diamond drilling aimed at verifying and expanding upon the historic high-grade NI 43-101 mineral resources at the Blackdome and Elizabeth sectors of the project.

The company’s drilling contractor expects to begin mobilising equipment to Blackdome next week with the drilling and trenching programs expected to run until at least October.

Historical mineral resource

The company is focused on rapidly verifying and expanding the historical high-grade mineral resource at the project by drilling extensions to existing mineralisation and other high-priority targets within the 350 square kilometre licence area, which remains relatively unexplored.

Tempus also intends to leverage the existing permitted mill, tailings dam and other infrastructure at Blackdome with the aim of re-commencing production as the project proceeds.

Shares have been as much as 12% higher to $A0.38 intra-day.

Listing on TSX Venture Exchange

Given the company’s focus on projects in Canada and Ecuador, the planned listing on the TSX Venture Exchange in Canada is being rapidly progressed.

The required initial application has been submitted and the company is targeting listing in quarter four of 2020.

Quick facts: Tempus Resources Ltd

Price: 0.23 AUD

Market: ASX
Market Cap: $18.29 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...


Ventripoint Diagnostics makes major change to VMS+3.0 as new look company...

Ventripoint Diagnostics (CVE:VPT-OTC: VPDTF) CEO George Adams joined Steve Darling from Proactive with news the company has made a major change improving their VMS+3.0 diagnostic system that allows physicians to have a 3D model of the heart. This becoming important especially during the COVID-19...

18 hours, 37 minutes ago

2 min read