Final assays from 2022 drill program - JORC resource next

This morning our Canadian gold Investment Tempus Resources (ASX: TMR) put out the final seven assays from its 2022 drilling program at its Elizabeth Gold Project.

The key points from the announcement were as follows:

1) Strike length of No.9 Vein increased to >250m.

2) Strike length of Blue Vein increased to >285m.

3) Potential discovery of a new vein in between the SW and West Vein: TMR hit a 14.3g/t intercept over 1.1m. This will likely be an area of focus for the company’s next drill program.

What’s next for TMR?

Updated mineral resource estimate 🔄

The current focus for the company is on converting the non-JORC historical resource estimate of ~206k ounces into a JORC-compliant maiden resource estimate for the project.

TMR will include an additional ~129 drillholes that all sit outside of the current historical resource estimate.

The resource estimate is expected to be completed in the first half of 2023.

To see our deep dive on the upcoming JORC resource estimate and our 3D models for it check out this section from our last TMR note: Looking ahead to the maiden JORC resource estimate