Exploration Focuses On Mineralization Expansion On Elizabeth Gold Project

PERTH, AUS - Tempus Resources Ltd announced the 2022 exploration plan for the Elizabeth Gold Project located in Southern British Columbia.

President and CEO, Jason Bahnsen, said, "The 2022 exploration program at Elizabeth will focus on further delineation of the new Blue Vein and the expansion of the overall mineralization for the project in advance of preparing a resource estimate. We have executed a contract with our drilling contractor, Full Force Drilling, and we plan to begin mobilization to the site in May with drilling targeted to begin early June."

The 2022 exploration program at Elizabeth will build on the success of the 2021 drill program and focus on expansion of the overall resource for the project. A total of 28 drill diamond core drill holes (approximately 7,820 meters) were completed at the Elizabeth Gold Project in 2021. Combined with drilling completed in 2020, Tempus has now completed 39 drill holes (approximately 9,826 meters) in total on the Elizabeth Gold Project. In 2022, Tempus is planning to complete an additional 25-30 diamond core drill holes (approximately 8,500 meters) at the Elizabeth Gold Project. The key target areas in the 2022 drill program include the Blue Vein, West and Main Veins, the Ella Zone.

The overall exploration drilling strategy for the Elizabeth Project is focused on increasing the size and confidence level of the historic inferred resource of approximately 206,139 ounces of contained gold (522,843 tonnes @ 12.26 g/t gold - SRK 2009). Apart from a few infill drill holes intended to convert inferred resources to the indicated category, the majority of the drill holes completed by Tempus to intersect the gold vein structures are outside of the 2009 resource block model. The results of the 2022 drill program will contribute to the completion of an updated NI43-101 Resource estimate for the Elizabeth Project.