
Gold Exploration
Our Entry Price $ | Current Price $ | Current Return | Highest Price $ | Highest Return |
---|---|---|---|---|
$ 0.210 | $ 0.165 | -21% | $ 0.430 | 105% |
Overview
Tempus Resources (ASX:TMR) has two major gold projects: Zamora in Ecuador and Blackdome-Elizabeth in Canada.
TMR owns 100% of the Blackdome-Elizabeth project, located in a prolific gold producing region of British Colombia in Canada.
The project had historical production of over 230,000 ounces, and comes with a permitted, and previously producing mine, a mill, and a tailings storage facility.
The project hosts a historic indicated and inferred mineral resource that it’s looking to update.
This will put it on a fast track to a Pre-Feasibility Study and rapid pathway to gold production.
Drilling continues to provide evidence of the size of the mineralised system, and will feed into the pending Mineral Resource update - an important catalyst to come.
TMR has recently announced “Bonanza” grade results from its recent gold drilling campaign at its Canadian exploration project.
Tempus remains leveraged to a metal that is still very much in favour - gold.
That is on top of a number of further catalysts on the horizon for 2021, including a resource update.
TMR also has the Zamora Project in Ecuador.
Ecuador hosts the most valuable greenfields gold discovery of the last 15 years – C$2.6 billion capped Lundin Gold’s (TSE: LUG) Fruta del Norte tenements.
TMR’s Ecuadorian project hosts similar geochemistry, alteration and geological features to Lundin Gold’s Fruta del Norte.
Fruta del Norte hosts an NI43-101 Indicated Mineral Resource of 23.8 million tonnes at 9.61 g/t gold and a further Inferred Mineral Resource of 11.6 million tonnes at 5.69 g/t gold (9.48Moz total).
TMR’s ground is adjacent to Lundin’s.
Why we have invested...
- High risk, high reward
- Ecuadorian gold asset next to $2BN lundin Gold’s greenfields gold discovery discovery could have a major north facing impact on TMR’s valuation.
- Sought after jurisdiction
- Ecuador has attracted the likes of Lundun, BHP, Fortescue, Newscrest, SolGold and Anglo for gold and base metal projects.
- Stable Canadian Project
- Canadian gold asset, with high grade historic mineral resource with past production over 230,000 oz.
- Resource expansion
- Tempus has significant opportunity to expand its resource at its Canadian Blackdome-Elizabeth Gold Project.
- Promising drill results
- Promising assays from Blackdome-Elizabeth put TMR on track to progress maiden resource.
Our Latest Articles on Tempus Resources
Type | Date | Share Price $ | Title |
---|---|---|---|
08-Feb-2021 | $ 0.280 | TMR returns “Bonanza” Grade Gold results | |
Article | 07-Jan-2021 | $ 0.265 | Our Stock Picks for 2021 |
Article | 16-Dec-2020 | $ 0.230 | TMR Observes Visible Gold over a 2 metre Interval - Assay Results to Follow |
Article | 30-Nov-2020 | $ 0.245 | TMR’s 6000m RC Gold Drilling Continues – Honing in on Resource Upgrade |
Article | 09-Jun-2020 | $ 0.230 | Drilling Set to Commence at TMR’s High Risk, High Reward Ecuadorian Gold Play |
Article | 04-May-2020 | $ 0.175 | TMR Now Fully Funded for Canada and Ecuador Next Door to Where Newcrest Has Expanded its Stake |
Article | 18-Feb-2020 | $ 0.220 | High Risk, High Reward? This $9M Capped ASX Explorer’s Neighbour went from 30¢ to $40 |
Market Data
Latest Article
TMR returns “Bonanza” Grade Gold results
Feb 8, 2021
About a month ago our investment Tempus Resources (ASX: TMR | TSX: TMR) revealed visible chunks of gold in drill core samples they had pulled out of the ground.