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2022 drilling program commenced at Canadian gold project

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Published 31-MAY-2022 14:41 P.M.

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58.8 seconds read


Investment Memo: TMR 2022

Objective #1: Make new discoveries at the Canadian gold project.


This morning our junior gold exploration investment Tempus Resources (ASX:TMR) commenced its 2022 exploration program at its Canadian gold project.

The 2022 drilling program is following up over ~39-holes (9,826m) of drilling that TMR has completed since November 2020.

This year’s program will consist of up to 30 drillholes (for ~8,500m), focused mostly on the following key targets:

  • Blue Vein discovery: 15 drillholes targeting extensions to the previous high grade gold intercepts.
  • Main and West veins: 10 drillholes targeting extensions to both of these discoveries.
  • Ella Zone: 3 drillholes following up a 2m intercept made last year.
  • Exploration holes: up to 5 drillholes focused on making new discoveries.

Below (in green) is where TMR plans to drill as part of the 2022 drilling program.

TMR 31.05.22.PNG

TMR’s goal for the program this year is to increase the historic resource to support the development of a high-grade mine. The company plans to put out an updated resource estimate on completion of the 2022 program.