Review of TMR’s 2022 exploration program
Yesterday morning our gold exploration Investment Tempus Resources (ASX: TMR) put out a year-end review of all the exploration work completed in 2022 and TMR’s president and CEO Jason Bahnsen is calling it “the most successful year to date at the Elizabeth Gold Project”.
In 2022 TMR completed a total of 40 drillholes for ~9,798 metres of drilling with a large portion of the drilling focused on the high grade ‘Blue Vein’ & ‘No.9 Vein’ structures.
The key takeaways from last year's drill program were as follows:
- Mineralisation extended across No.9 and Blue Vein’s.
- Five of the drillholes from the 2022 drill program assayed “bonanza” grades with assays totalling over 28g/t of gold
- Assays have been received for 33 holes with assays for seven holes pending.
TMR now has a total of six primary vein targets that it can target in future drill programs.
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
