GOLD/tonne - $

Tempus Elizabeth Drill Holes Assay up to 23.5g/t Gold

Perth, Australia–(Newsfile Corp. – December 15, 2022) – Tempus Resources Ltd (ASX: TMR) (TSXV: TMRR) (OTCQB: TMRFF) (“Tempus” or “the Company”) is pleased to announce drill assay results from the Elizabeth Gold Project in Southern British Columbia. The eleven drill-holes announced today include No. 9 Vein (EZ-22-21, EZ-22-25, EZ-22-27, EZ-22-37), South West Vein (EZ-22-30, EZ-22-31), the West/Main Vein (EZ-22-31, EZ-22-33) and the Ella Zone (EZ-22-38, EZ-22-39, EZ-22-40), see Figure 1.

HIGHLIGHTS

  • No. 9 Vein Intersections – Results indicate multiple zones of high grade ones within the No.9 Vein set
    • EZ-22-25 11.5g/t gold over 2.57 metres from 139.10 metres, including
      • 23.5g/t gold over 0.92 metres from 139.10 metres
    • EZ-22-21 2.5g/t gold over 1.61 metres from 159.75 metres, including
      • 7.8g/t gold over 0.45 metres from 160.45 metres
    • Assays for six No.9 Vein drill-holes remain pending including EZ-22-20 which had multiple instances of visible gold over more than 25 metres. The delay in the release of EZ-22-20 results is due to the number of over limit metallic screening assays required for samples with grades exceeding 10 g/t gold.
  • South West Vein Intersections
    • EZ-22-29 3.3g/t gold over 1.32 metres from 213.38 metres
    • EZ-22-30 1.5g/t gold over 0.17 metres from 124.62 metres, and 2.6g/t gold over 3.04 metres, including 6.7g/t gold over 1.10 metres from 229.15 metres
  • West Vein Intersections – The two West/Main Vein drill-holes reported today demonstrate the continuation of the vein structures containing gold mineralisation for approximately 220 metres south of any previous drilling increasing the strike length of the West/Main Vein Sets to approximately 400 metres
    • EZ-22-31 1.5g/t gold over 1.98 metres from 254.38 metres, including 2.1g/t gold over 1.15 metres from 254.70 metres, and 0.6g/t gold over 1.64 metres from 434.61 metres
    • EZ-22-33 1.8g/t gold over 2.20 metres from 158.8 metres, including 2.6g/t gold over 1.20 metres from 158.8 metres, and 4.3g/t gold over 1.18 metres including 9.9g/t gold over 0.51 metres from 377.67 metres
    • Assays for one West/Main Vein drill-hole remain pending
  • Ella Zone Vein Intersections – The three drill-holes completed in the Ella Zone confirm the successful discovery of a new vein set at Elizabeth
    • EZ-22-38 0.8g/t gold over 1.42 metres from 49.45 metres, including 1.4g/t gold over 0.49 metres from 49.81 metres
    • EZ-22-39 1.7g/t gold over 1.41 metres from 109.19 metres, including 2.9g/t gold over 0.66 metres from 109.19 metres
    • EZ-22-40 1.0g/t gold over 0.98 metres from 138.84 metres
  • Assays for eight drill-holes from the 2022 program at Elizabeth remain pending, including holes for No.9 Vein, Blue Vein and West/Main Vein

Tempus Resources, President and CEO, Jason Bahnsen, commented, “Today we released the assay results for eleven drill-holes that continue to show high grade mineralisation within the five individual vein sets we have under development. In addition to high grade results for the two No. 9 Vein holes we have extended the Main/West Vein set strike length by approximately 220 metres, and have confirmed the discovery of a new mineralised vein set at the Ella Zone. We have eight more holes from the 2022 drilling program that are pending assays including six additional holes from the No. 9 Vein.”

Figure 1 – Elizabeth plan view showing 2022 drill-hole locations

No. 9 Vein Assay Results

The No. 9 vein is a vein for which its northeastern extent was mapped and initially explored via an underground adit in the early 1940’s and was subject to a limited amount of historic drilling in the 1980s.

During the 2022 drill program, Tempus completed 10 drill-holes targeting potential No. 9 Vein along strike of the historical works to the southwest. Several of the No. 9 Vein drill-holes intersected wide zones of quartz veining including three drill-holes reporting the presence of visible gold.

The Company previously announced the results for drill-hole EZ-22-19 that intersected two zones of quartz veining including a 2.11 metre zone containing visible gold occurrences from 135.67 metres with assays of 87.0g/t gold over 2.11 metres from 136.11 metres, and a second zone of quartz veining over 0.50 metres from 162.92 metres.

Four No. 9 Vein drill-holes are reported. The No.9 Vein drill holes were drilled at an approximate dip angle of 65 degrees oriented broadly perpendicular to the known vein structure and No 9 Vein adit (see Figure 1 and Figure 2). The drilling and assay results indicate wide zones of previously unknown gold mineralisation to the south of the existing historic exploration adit (see Figure 2).

There are six remaining No.9 vein drill-hole assays pending including EZ-22-20 which had multiple instances of visible gold over more than 25 metres. The release of EZ-22-20 results are due to the number of over limit metallic screening assays required for samples with grades exceeding 10 g/t gold. In addition, EZ-22-28 located 100 metres along strike from EZ-22-19 and EZ-22-20 and intersected quartz veining over approximately 2.0 metres from 117.50 metres containing multiple occurrences of visible gold.

Table 1 – No. 9 Vein Assay Results

 Hole ID From (m) To (m) Interval (m) True Thickness (m) Gold Grade (g/t)
EZ-22-21159.76161.371.611.292.54
including160.45160.900.450.367.77
EZ-22-25139.10141.672.572.0611.49
including139.10140.020.920.7423.54
EZ-22-27175.00176.501.501.200.79
including176.00176.500.500.401.00
EZ-22-37182.38182.900.520.440.83
Note: True thickness is estimated using a multiplier of 0.85.
Figure 2 – Elizabeth No. 9 Vein Section View

South West Vein Assay Results

Holes EZ22-29 and EZ22-30 were drilled as in-fills, targeting the downward and north-northeast lateral extension of one of the two known mineralisation-shoots within the SW vein. EZ22-29 returned 3.27g/t Au over 1.32 m; while EZ22-30 garnered 2.58 g/t Au over 3.04 m., including 6.74g/t Au over 1.1 m. These holes raised the confidence level in this section of the SW vein. See Figure 3.

Table 2 – South West Vein Assay Results

 Hole ID From (m) To (m) Interval (m) True Thickness (m) Gold Grade (g/t)
EZ-22-29213.38214.71.321.123.27
EZ-22-30227.21230.253.042.432.58
including229.15230.251.100.886.74
Note: True thickness is estimated using a multiplier of 0.85.
Figure 3 – South West Vein Section View

West/Main Vein Assay Results

The Main Vein and the West Vein are largely unexplored and no drilling has been done to the southern extension of these vein structures.

Historic trenching at Elizabeth on the West Vein (above the West Vein underground drift) in 2003 returned 55.1g/t gold over a strike length of 20.0m and 14.2g/t gold over a strike length of 20.0m and from the Main vein (above the Main Vein underground drift). Note, historic trenching results are historic in nature and are not compliant with NI 43-101 or JORC standards and should not be relied upon and are to be used as a reference only.

In 2021, Tempus completed one drill hole (EZ-21-05) which intersected the West Vein structure with anomalous gold mineralisation 450 metres south of any historic drilling on the West/Main Vein structure.

During the 2022 drilling season, drill-holes EZ-22-24, EZ-22-31 EZ-22-32 and EZ-22-33 were advanced to test the continuity of both the West Vein and Main Vein to the south-southwest. That section of both veins is practically unexplored. Drill results show that the West and Main are not only continuing 220 metres laterally to the south-southwest but also suggest that an ore-shoot can occur to the south-southwest. Hole EZ-22-33, the furthest hole to the South West, intersected 5.89g/t (or 4.33g/t screen metallic) over 1.18 m., which include 13.00g/t (or 9.85g/t screen-metallic), over 0.51 m along Main Vein. Significant gold intersects were also noted along West Vein.

These results increase the total strike length of the gold mineralisation of the West/Main Veins to approximately 400 metres. Assay results for the third hole targeting the West/Main Vein (EZ-22-32) are pending.

Table 3 – West/Main Vein Assay Results

 Hole ID From (m) To (m) Interval (m) True Thickness (m) Gold Grade (g/t)
EZ-22-31254.38256.361.981.581.49
including254.70255.851.150.922.13
and434.61436.251.641.310.58
EZ-22-33158.81612.21.871.82
including158.81601.21.022.60
and377.00378.181.181.004.33
including377.67378.180.510.439.85
Note: True thickness is estimated using a multiplier of 0.85.
Figure 4 – West/Main Vein Section View

Ella Zone Assay Results

In 2021, Tempus completed one exploration drill hole at the Ella Zone prospect (EZ-21-21), approximately 400 metres to the southeastern extent of previously known gold mineralisation at Elizabeth. EZ-21-21 targeted quartz veining identified from 2003 trenching in the area. It returned encouraging results with up to 1.0g/t gold over 2.0m from 184.0m within a 4.0m veining zone.

Three drill-holes were included in the 2022 drilling program for confirmation of a potential new vein set. The assay results successfully made the confirmation with the presence of gold mineralisation in quartz vein widths of approximately 1.2 metres in all three holes.

Table 4 – Ella Zone Assay Results

Hole ID From (m) To (m) Interval (m) True Thickness (m) Gold Grade (g/t)
EZ-22-3849.4550.871.421.210.76
including49.8150.300.490.421.41
EZ-22-39109.19110.601.411.201.68
including109.19109.850.660.562.93
EZ-22-40138.84139.800.960.871.04
Note: True thickness is estimated using a multiplier of 0.85.
Figure 6 – Elizabeth Veins Cross Section View

This announcement has been authorised by the Board of Directors of Tempus Resources Limited.

Competent Persons Statement

Information in this report relating to Exploration Results is based on information reviewed by Mr. Sonny Bernales, who is a Member of the Engineers and Geoscientists British Columbia (EGBC), which is a recognised Professional Organisation (RPO), and an employee of Tempus Resources. Mr. Bernales has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined by the 2012 Edition of the Australasian Code for reporting of Exploration Results, Mineral Resources and Ore Reserves, and as a Qualified Person for the purposes of NI43-101. Mr. Bernales consents to the inclusion of the data in the form and context in which it appears.

For further information:

TEMPUS RESOURCES LTD

Melanie Ross – Director/Company Secretary Phone: +61 8 6188 8181

About Tempus Resources Ltd

Tempus Resources Ltd (“Tempus”) is a growth orientated gold exploration company listed on ASX (“TMR”) and TSX.V (“TMRR”) and OTCQB (“TMRFF”) stock exchanges. Tempus is actively exploring projects located in Canada and Ecuador. The flagship project for Tempus is the Blackdome-Elizabeth Project, a high grade gold past producing project located in Southern British Columbia. Tempus is currently midway through a drill program at Blackdome-Elizabeth that will form the basis of an updated NI43-101/JORC resource estimate. The second key group of projects for Tempus are the Rio Zarza and Valle del Tigre projects located in south east Ecuador. The Rio Zarza project is located adjacent to Lundin Gold’s Fruta del Norte project. The Valle del Tigre project is currently subject to a sampling program to develop anomalies identified through geophysical work.

Forward-Looking Information and Statements

This press release contains certain “forward-looking information” within the meaning of applicable Canadian securities legislation. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only the Company’s beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of Tempus’s control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or may contain statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “will continue”, “will occur” or “will be achieved”. The forward-looking information and forward-looking statements contained herein may include, but are not limited to, the ability of Tempus to successfully achieve business objectives, and expectations for other economic, business, and/or competitive factors. Forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of Tempus to control or predict, that may cause Tempus’ actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein and the other risks and uncertainties disclosed under the heading “Risk and Uncertainties” in the Company’s Management’s Discussion & Analysis for the year ended September 30, 2022 dated November 14, 2022 filed on SEDAR. Should one or more of these risks, uncertainties or other factors materialize, or should assumptions underlying the forward-looking information or statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although Tempus believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements.

The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and Tempus does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws. All subsequent written and oral forward-looking information and statements attributable to Tempus or persons acting on its behalf are expressly qualified in its entirety by this notice.

Neither the ASX Exchange, the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Appendix 1

Table 1: Drill Hole Collar Table

UTMUTM
Hole IDTargetEasting (NAD83Northing (NAD83Elevation (m)Length (m)Azimuth (o)Dip
(o)
Z10)Z10)
EZ-22-01Blue Vein53095356537722392222.0130-65
EZ-22-02Blue Vein53095356537722392225.0108-65
EZ-22-03Blue Vein53095356537722392198.095-50
EZ-22-04Blue Vein53120056537742393375.0285-55
EZ-22-05Blue Vein53113056537752399156.0280-45
EZ-22-06Blue Vein53113056537752399237.0290-55
EZ-22-07Blue Vein53113056537752399216.0298-45
EZ-22-08Blue Vein53103956538872422201.0133-50
EZ-22-09Blue/SW Vein53095356537722392468.0101-53
EZ-22-10Blue Vein53095356537722392210.095-65
EZ-22-11Blue Vein53103956538872422207.0110-60
EZ-22-12Blue Vein53103956538872422216.085-50
EZ-22-13Blue Vein53103956538872422251.0123-65
EZ-22-14Blue Vein53100456538962428249.0138-65
EZ-22-15Blue Vein53100456538962428240.0130-65
EZ-22-16Blue Vein53100456538962428242.0120-65
EZ-22-17Blue Vein53100456538962428250.7160-65
EZ-22-18Blue Vein53100456538962428258.0150-65
EZ-22-19No.9 Vein53104156538932422201.0284-63
EZ-22-20No.9 Vein53104156538932422270.0284-67
EZ-22-21No.9 Vein53104156538932422216.0294-63
EZ-22-22No.9 Vein53104156538932422183.0274-63
EZ-22-23No.9 Vein53104156538932422201.0264-63
EZ-22-24West/Main Veins53134756537772378405.0100-45
EZ-22-25No.9 Vein53103956538882422181.0254-63
EZ-22-26No.9 Vein53103956538882422201.0244-63
EZ-22-27No.9 Vein53103856538912422201.0308-63
EZ-22-28No.9 Vein53103856538912422234.0318-63
EZ-22-29SW vein53113656538602422246.0111-48
EZ-22-30SW vein53113656538602422230.3111-55
EZ-22-31West/Main Veins53135156537732378444.0110-52
EZ-22-32West/Main Veins53135256537732378447.0125-52
EZ-22-33West/Main Veins53135256537732378390.0140-52
EZ-22-34Blue Vein53088756537652382246.0120-55
EZ-22-35Blue Vein53088556537692382204.0130-45
EZ-22-36Blue Vein53088556537692382210.0140-47
EZ-22-37No.9 Vein53088856537692382201.0290-45
EZ-22-38Ella Zone53191756535912096102.080-45
EZ-22-39Ella Zone53191756535912096156.0110-60
EZ-22-40Ella Zone53191756535912096170.0140-60

Table 2: Significant Interval Table

 Hole ID From (m) To (m) Interval (m) True Thickness (m) Gold Grade (g/t) MET Screen Grade (g/t) Vein
EZ-22-01123.9124.70.80.682.072.07Blue Vein
and125.91260.10.083.823.82Blue Vein
and161.42161.820.40.342.252.25Blue Vein
EZ-22-02147.65147.830.180.156.886.88Blue Vein
and185.25185.850.60.511.891.89Blue Vein
EZ-22-0396.9197.330.420.362.05523Blue Vein
and124.02124.470.450.3832.66Not PerformedBlue Vein
including124.02124.130.110.09130133Blue Vein
and164.41166.141.731.477.41Not PerformedBlue Vein
including165.41166.140.730.6217.4Not PerformedBlue Vein
EZ-22-04353.83540.20.171.25Not PerformedBlue Vein
EZ-22-0544.545.20.70.59511.2Not PerformedBlue Vein
and56.8570.20.171.38Not PerformedBlue Vein
and84.6585.550.90.7651.33Not PerformedBlue Vein
and989910.852.62Not PerformedBlue Vein
EZ-22-0640.240.90.70.5951.91Not PerformedBlue Vein
and47.848.150.350.29751.17Not PerformedBlue Vein
and153.351551.651.40251.71Not PerformedBlue Vein
Including154.151550.850.72252.79Not PerformedBlue Vein
EZ-22-07164.6164.920.320.2721.45Not PerformedBlue Vein
and165.66165.790.130.11057.3Not PerformedBlue Vein
and170.17170.40.230.195548.6Not PerformedBlue Vein
EZ-22-08120.61210.40.340.494Not PerformedBlue Vein
EZ-22-09105.12106.171.050.89322.54310.72Blue Vein
including105.12105.320.20.171,6541,572Blue Vein
105.32106.170.850.729.2513.95Blue Vein
and161.131620.870.742.68Not PerformedBlue Vein
and356.19358.382.191.860.41Not PerformedSW Vein
Including356.19356.70.510.431.05Not PerformedSW Vein
EZ-22-10193.1194.751.651.40.61Not PerformedBlue Vein
Including193.98194.230.250.210.997Not PerformedBlue Vein
 *true thickness is estimated using a multiplier of 0.85. The Company considers anything over 0.2 g/t gold as significant. **no significant intervals

 Hole ID From (m) To (m) Interval (m) True Thickness (m) Gold Grade (g/t) MET Screen Grade (g/t) Vein
EZ-22-11102.45193.4291.3777.670.31Not PerformedBlue Vein
including102.45104.752.31.9611.75Not PerformedBlue Vein
including103.15103.450.30.2685.2Not PerformedBlue Vein
EZ-22-12137.65139.331.681.431.26Not PerformedBlue Vein
including138.8139.330.530.452.08Not PerformedBlue Vein
EZ-22-13108.52108.770.250.211.62Not PerformedBlue Vein
and111111.270.270.231.03Not PerformedBlue Vein
and112.34112.450.110.0915.3Not PerformedBlue Vein
and196.42196.60.180.151.49Not PerformedBlue Vein
and215.832160.170.141.95Not PerformedBlue Vein
EZ-22-1494.494.60.20.163.23Not PerformedBlue Vein
and156.28156.510.230.181.08Not PerformedBlue Vein
and182.66182.820.160.131.6Not PerformedBlue Vein
EZ-22-15128.11129.181.070.860.21Not PerformedBlue Vein
and146146.570.570.460.89Not PerformedBlue Vein
including146146.290.290.231.39Not PerformedBlue Vein
and186.3186.850.550.441.35Not PerformedBlue Vein
and224.55224.780.230.181.93Not PerformedBlue Vein
EZ-22-16197.1197.680.580.461.96Not PerformedBlue Vein
and223.2224.451.251.000.76Not PerformedBlue Vein
including223.42223.70.280.221.58Not PerformedBlue Vein
EZ-22-19135.67137.782.111.6971.0986.99No.9 Vein
including136.11137.491.381.10108.56132.82No.9 Vein
including136.79137.490.70.56148.03184.9No.9 Vein
and162.92163.680.760.610.48Not PerformedNo.9 Vein
EZ22-21159.76161.371.611.293.012.54No.9 Vein
including160.45160.900.450.369.757.77No.9 Vein
EZ22-25139.10141.672.572.0611.49Not PerformedNo.9 Vein
including139.10140.020.920.7423.54Not PerformedNo.9 Vein
EZ22-27175.00176.501.501.200.820.79No.9 Vein
including176.00176.500.500.401.131.00No.9 Vein
 *true thickness is estimated using a multiplier of 0.85. The Company considers anything over 0.2 g/t gold as significant. **no significant intervals

 Hole ID From (m) To (m) Interval (m) True Thickness (m) Gold Grade (g/t) MET Screen Grade (g/t) Vein
EZ22-29213.38214.71.321.123.27Not PerformedSW Vein
EZ22-30227.21230.253.042.432.58Not PerformedSW Vein
including229.15230.251.100.886.74Not PerformedSW Vein
EZ22-31254.38256.361.981.581.501.49West/Main Vein
including254.70255.851.150.922.122.13West/Main Vein
and434.61436.251.641.310.570.58West/Main Vein
EZ22-33158.81612.21.871.82Not PerformedWest/Main Vein
including158.81601.21.022.60Not PerformedWest/Main Vein
and377.00378.181.181.005.694.33West/Main Vein
including377.67378.180.510.4313.009.85West/Main Vein
EZ22-37182.38182.900.520.440.83Not PerformedNo.9 Vein
EZ22-3849.4550.871.421.210.76Not PerformedElla Zone
including49.8150.300.490.421.41Not PerformedElla Zone
EZ22-39109.19110.601.411.201.68Not PerformedElla Zone
including109.19109.850.660.562.93Not PerformedElla Zone
EZ22-40138.84139.800.960.871.04Not PerformedElla Zone
 *true thickness is estimated using a multiplier of 0.85. The Company considers anything over 0.2 g/t goldas significant ** no significant intervals

Appendix 2: The following tables are provided to ensure compliance with the JORC Code (2012) requirements for the reporting of Exploration Results for the Elizabeth – Blackdome Gold Project

Section 1: Sampling Techniques and Data
(Criteria in this section apply to all succeeding sections.)

CriteriaJORC Code explanationCommentary
Sampling techniquesNature and quality of sampling (eg cut channels, random chips, or specific specialised industry standard measurement tools appropriate to the minerals under investigation, such as down hole gamma sondes, or handheld XRF instruments, etc). These examples should not be taken as limiting the broad meaning of sampling.

Include reference to measures taken to ensure sample representivity and the appropriate calibration of any measurement tools or systems used.

Aspects of the determination of mineralisation that are Material to the Public Report. In cases where ‘industry standard’ work has been done this would be relatively simple (eg ‘reverse circulation drilling was used to obtain 1 m samples from which 3 kg was pulverised to produce a 30 g charge for fire assay’). In other cases more explanation may be required, such as where there is coarse gold that has inherent sampling problems. Unusual commodities or mineralisation types (eg submarine nodules) may warrant disclosure of detailedinformation.
HQ (63.5 mm) sized diamond core using standard equipment.

Mineralised and potentially mineralised zones, comprising veins, breccias, and alteration zones were sampled.

Samples were half core.

Typical core samples are 1m in length.

Core samples sent to the lab will be crushed and pulverized to 85% passing 75 microns. A 50g pulp will be fire assayed for gold and multi-element ICP. Samples over 10 g/t gold will be reanalysed by fire assay with gravimetric finish
Drilling techniquesDrill type (eg core, reverse circulation, open-hole hammer, rotary air blast, auger, Bangka, sonic, etc) and details (eg core diameter, triple or standard tube, depth of diamond tails, face-sampling bit or other type, whether core is oriented and if so, bywhat method, etc).Diamond Drilling from surface (HQ size)
Drill sample recoveryMethod of recording and assessing core and chip sample recoveries and results assessed.

Measures taken to maximise sample recovery and ensure representative nature of the samples.

Whether a relationship exists between sample recovery and grade and whether sample bias mayhave occurred due to preferential loss/gain of fine/coarse material.
Detailed calculation of recovery was recorded, with most holes achieving over 95%

No relationship has yet been noted between recovery and grade and no sample bias was noted to have occurred.
CriteriaJORC Code explanationCommentary
LoggingWhether core and chip samples have been geologically and geotechnically logged to a level of detail to support appropriate Mineral Resource estimation, mining studies and metallurgical studies.

Whether logging is qualitative or quantitative in nature. Core (or costean, channel, etc) photography.

The total length and percentage of the relevant intersections logged.
Detailed geological and geotechnical logging was completed for each hole.

All core has been photographed.

Complete holes were logged.
Sub- sampling techniques and sample preparationIf core, whether cut or sawn and whether quarter, half or all core taken.

If non-core, whether riffled, tube sampled, rotary split, etc and whether sampled wet or dry.

For all sample types, the nature, quality and appropriateness of the sample preparation technique.

Quality control procedures adopted for all sub- sampling stages to maximise representivity of samples.

Measures taken to ensure that the sampling is representative of the in situ material collected, including for instance results for field duplicate/second-half sampling.

Whether sample sizes are appropriate to the grain size of the material being sampled.
Half core was sampled, using a core saw.

Duplicate samples of new and historical core are Quarter core or half core where not previously sampled

Sample sizes are considered appropriate for the grain size of the material being sampled.

It is expected that bulk sampling will be utilised as the project advances, to more accurately determine grade.
Quality of assay data and laboratory testsThe nature, quality and appropriateness of the assaying and laboratory procedures used and whether the technique is considered partial or total.

For geophysical tools, spectrometers, handheld XRF instruments, etc, the parameters used in determining the analysis including instrument make and model, reading times, calibrations factors applied and their derivation, etc.

Nature of quality control procedures adopted (eg standards, blanks, duplicates, external laboratory checks) and whether acceptable levels of accuracy (ie lack of bias) and precision have been established.
Core samples that have been sent to the lab for analysis include control samples (standards, blanks and prep duplicates) inserted at a minimum rate of 1:5 samples.

In addition to the minimum rate of inserted control samples, a standard or a blank is inserted following a zone of mineralization or visible gold

Further duplicate samples were analysed to assess variability
Verification of sampling and assayingThe verification of significant intersections by either independent or alternative company personnel.

The use of twinned holes.

Documentation of primary data, data entry procedures, data verification, data storage (physical and electronic) protocols.

Discuss any adjustment to assay data.
Re-assaying of selected intervals of historic core have been sent for analysis.
CriteriaJORC Code explanationCommentary
Location of data pointsAccuracy and quality of surveys used to locate drill holes (collar and down-hole surveys), trenches, mine workings and other locations used in Mineral Resource estimation.

Specification of the grid system used.

Quality and adequacy of topographic control.
All sampling points were surveyed using a hand held GPS.

UTM grid NAD83 Zone 10.

A more accurate survey pickup will be completed at the end of the program, to ensure data is appropriate for geological modelling and Resource Estimation.

Down hole surveys have been completed on all holes.
Data spacing and distributionData spacing for reporting of Exploration Results.

Whether the data spacing and distribution is sufficient to establish the degree of geological and grade continuity appropriate for the Mineral Resource and Ore Reserve estimation procedure(s) and classifications applied.

Whether sample compositing has been applied.
Most drilling is targeting verification and extension of known mineralisation.

It is expected that the data will be utilised in a preparation of a Mineral Resource statement.

Additional drilling is exploration beneath geochemical anomalies, and would require further delineation drilling to be incorporated in a Mineral Resource.
Orientation of data in relation to geological structureWhether the orientation of sampling achieves unbiased sampling of possible structures and the extent to which this is known, considering the deposit type.

If the relationship between the drilling orientation and the orientation of key mineralised structures is considered to have introduced a sampling bias, this should be assessed and reported if material.
In general, the aim was to drill perpendicular to the mineralised structures, to gain an estimate of the true thickness of the mineralised structures.

At several locations, a series (fan) of holes was drilled to help confirm the orientation of the mineralised structures and to keep land disturbance to a minimum.
Sample s SecurityThe measures taken to ensure sample security.Samples from Elizabeth were delivered to the laboratory by a commercial transport service.
Audits or ReviewsThe results of any audits or reviews of sampling techniques and data.An independent geological consultant has recently visited the site as part of preparing an updated NI43-101 Technical Report for the Project.

Section 2: Reporting of Exploration Results
(Criteria listed in the preceding section also apply to this section.)

CriteriaJORC Code explanationCommentary
Mineral tenement and land tenure statusType, reference name/number, location and ownership including agreements or material issues with third parties such as joint ventures, partnerships, overriding royalties, native title interests, historical sites, wilderness or national park and environmental settings.

The security of the tenure held at the time of reporting along with any known impediments to obtaining a licence to operate in the area.
The Blackdome-Elizabeth Project is comprised of 73 contiguous mineral claims underlain by 14 Crown granted mineral claims and two mining leases.

The Property is located in the Clinton and Lillooet Mining Divisions approximately 230 km NNE of Vancouver

Tempus has exercised the option to acquire the Elizabeth Gold Project and has completed an addendum to the original Elizabeth Option Agreement

(refer to ASX announcement 15 December 2020)
A net smelter royalty of 3% NSR (1% purchasable) applies to several claims on the Elizabeth Property.

No royalties apply to the Blackdome Property or Elizabeth Regional Properties.

There are currently no known impediments to developing a project in this area, and all tenure is in good standing.
Exploration done by other partiesAcknowledgment and appraisal of exploration by other parties.In the 1940s, placer gold was discovered in Fairless Creek west of Blackdome Summit. Prospecting by Lawrence Frenier shortly afterward led to the discovery of gold-bearing quartz veins on the southwest slope of the mountain that resulted in the staking of mining claims in 1947. Empire Valley Gold Mines Ltd and Silver Standard Resources drove two adits and completed basic surface work during the 1950s.

The Blackdome area was not worked again until 1977 when Barrier Reef Resources Ltd. re-staked the area and performed surface work in addition to underground development. The Blackdome Mining Corp. was formed in 1978 and performed extensive surface and underground work with various joint venture partners that resulted in a positive feasibility study. A 200 ton/day mill, camp facilities and tailings pond were constructed and mining operations officially commenced in 1986. The mine ceased operations in 1991, having produced 225,000 oz of Au and 547,000 oz of Ag from 338,000 tons of ore (Godard et al., 2010)

After a period of inactivity, Claimstaker Resources Ltd. took over the project, reopening the mine in late 1998.
CriteriaJORC Code explanationCommentary
Mining operations lasted six months and ended in May of 1999. During this period, 6,547 oz of Au and 17,300 oz of Ag were produced from 21,268 tons of ore. Further exploration programs were continued by Claimstaker over the following years and a Japanese joint venture partner was brought onboard that prompted a name change to J-Pacific Gold Inc. This partnership was terminated by 2010, resulting in another name change to Sona Resources Corp.

Gold-bearing quartz veins were discovered near Blue Creek in 1934, and in 1940-1941 the Elizabeth No. 1-4 claims were staked.

Bralorne Mines Ltd. optioned the property in 1941 and during the period 1948-1949, explored the presently- named Main and West Veins by about 700 metres of cross-cutting and drifting, as well as about 110 metres of raises.

After acquiring the Elizabeth Gold Project in 2002, J- Pacific (now Sona) has conducted a series of exploration programs that included diamond drilling 66 holes totalling 8962.8 metres (up until 2009) Other exploration work by Sona at the Elizabeth Gold Project has included two soil grid, stream sediment sampling, geological mapping and sampling, underground rehabilitation, structural mapping and airborne photography and topographic base map generation.
GeologyDeposit type, geological setting and style of mineralisation.The Blackdome property is situated in a region underlain by rocks of Triassic to Tertiary age. Sedimentary and igneous rocks of the Triassic Pavilion Group occurring along the Fraser River represent the oldest rocks in the region. A large, Triassic age, ultramafic complex (Shulaps Complex) was emplaced along the Yalakom fault; a regional scale structure located some 30 kilometres south of the property. Sediments and volcanics of the Cretaceous Jackass Mountain Group and Spences Bridge/Kingsvale Formations overlie the Triassic assemblages. Some of these rocks occur several kilometres south of Blackdome.

Overlying the Cretaceous rocks are volcanics and minor sediments of Eocene age. These rocks underlie much of

Blackdome and are correlated with the Kamloops Group seen in the Ashcroft and Nicola regions.
CriteriaJORC Code explanationCommentary
Geochemical studies (Vivian, 1988) have shown these rocks to be derived from a “calc-alkaline” magma in a volcanic arc type tectonic setting. Eocene age granitic intrusions at Poison Mountain some 22 kilometres southwest of Blackdome are host to a gold bearing porphyry copper/molybdenum deposit. It is speculated that this or related intrusions could reflect the source magmas of the volcanic rocks seen at Blackdome. There is some documented evidence of young granitic rocks several kilometres south of the mine near Lone Cabin Creek.
The youngest rocks present are Oligocene to Miocene basalts of the Chilcotin Group. These are exposed on the uppermost slopes of Blackdome Mountain and Red Mountain to the south.

Transecting the property in a NE-SW strike direction are a series of faults that range from vertical to moderately westerly dipping. These faults are the principal host structures for Au- Ag mineralisation. The faults anastomose, and form sygmoidal loops.

The area in which the Elizabeth Gold Project is situated is underlain by Late Paleozoic to Mesozoic rock assemblages that are juxtaposed across a complex system of faults mainly of Cretaceous and Tertiary age. These Paleozoic to Mesozoic-age rocks are intruded by Cretaceous and Tertiary-age stocks and dykes of mainly felsic to intermediate composition, and are locally overlain by Paleogene volcanic and sedimentary rocks. The Elizabeth Gold Project is partly underlain by ultramafic rocks of the Shulaps Ultramafic Complex, which include harzburgite, serpentinite and their alteration product listwanite.

The gold mineralisation found on the Elizabeth Gold Project present characteristics typical of epigenetic mesothermal gold deposits. The auriferous quartz vein mineralisation is analogous to that found in the Bralorne- Pioneer deposits. Gold mineralisation is hosted by a series of northeast trending, steeply northwest dipping veins that crosscut the Blue Creek porphyry intrusion. The Main and West vein systems display mesothermal textures, including ribboned-laminated veins and comprehensive wall rock breccias. Vein formation and gold mineralisation were associated with extensional-brittle faulting believed to be contemporaneous with mid- Eocene extensional faulting along the Marshall Creek, Mission Ridge and Quartz Mountain faults.
CriteriaJORC Code explanationCommentary
Drill hole InformationA summary of all information material to the understanding of the exploration results including a tabulation of the following information for all Material drill holes:

easting and northing of the drill hole collar

elevation or RL (Reduced Level – elevation above sea level in metres) of the drill hole collar

dip and azimuth of the hole

down hole length and interception depth

hole length.

If the exclusion of this information is justified on the basis that the information is not Material and this exclusion does not detract from the understandingof the report, the Competent Person should clearly explain why this is the case.
Refer to Appendix 1 for drill hole collar information
Data aggregation methodsIn reporting Exploration Results, weighting averaging techniques, maximum and/or minimum grade truncations (eg cutting of high grades) and cut-off grades are usually Material and should be stated.

Where aggregate intercepts incorporate short lengths of high grade results and longer lengths of low grade results, the procedure used for such aggregation should be stated and some typical examples of such aggregations should be shown in detail.

The assumptions used for any reporting of metal equivalent values should be clearly stated.
Intervals reported using several samples are calculated using a weighted average.

Calculated intervals using a weighted average did not use a top cut on high-grade samples. High-grade samples are reported as ‘including’

Calculated weighted average intervals are continuous intervals of a mineralized zone and do not include unsampled intervals or unmineralized intervals.
Relationship between mineralisation widths and intercept lengthsThese relationships are particularly important in the reporting of Exploration Results.

If the geometry of the mineralisation with respect to the drill hole angle is known, its nature should be reported.

If it is not known and only the down hole lengths are reported, there should be a clear statement to this effect (eg ‘down hole length, true width notknown’).
In general, drilling is designed to intersect the mineralized zone at a normal angle, but this is not always possible.

For the reported intervals, true widths are reported where mineralized core was intact and possible to measure the orientation. Otherwise the true width is left blank
DiagramsAppropriate maps and sections (with scales) and tabulations of intercepts should be included for any significant discovery being reported These should include, but not be limited to a plan view of drillhole collar locations and appropriate sectional views.Refer to maps within announcement for drill hole locations.
CriteriaJORC Code explanationCommentary
Balanced
reporting
Where comprehensive reporting of all Exploration Results is not practicable, representative reporting of both low and high grades and/or widths should be practiced to avoid misleading reporting of ExplorationResults.Where broader low-grade intervals are reported the high-grade intercepts are reported as ‘including’ within the reported interval
Other substantive exploration dataOther exploration data, if meaningful and material, should be reported including (but not limited to): geological observations; geophysical survey results; geochemical survey results; bulk samples – size and method of treatment; metallurgical test results; bulk density, groundwater, geotechnical and rock characteristics; potential deleterious or contaminatingsubstances.Tempus recently completed an airborne magnetic and radiometric survey over the Elizabeth Gold Project (refer to ASX announcement 02 August 2021) by completing 97 lines for a total of 735 line-kilometres. Flight lines are oriented east-west with north-south tie lines and spaced 200 metres across the entire 115km2 Elizabeth property. Line spacing of 100 metres was flown over the Elizabeth Main and Elizabeth East Zones.

The airborne magnetic survey data was reviewed and interpreted by Insight Geophysics Inc. using 3D magnetization vector inversion (MVI) modelling.

The geophysical surveys identified the Blue Creek Porphyry, which is the known host of the high-grade Elizabeth gold-quartz veins, as a relative magnetic low anomaly within the Shulaps Ultramafic Complex. From this correlation of geology and geophysics it was determined that the Blue Creek Porphyry, originally explored / mapped to approximately 1.1km2 in size, is likely much larger. The airborne magnetic survey and MVI 3D modelling interpret the Blue Creek Porphyry to be at least four-times the size at approximately 4.5km2.

This interpretation of the Blue Creek Porphyry is also extensive at depth extending to at least 2km deep
Further workThe nature and scale of planned further work (eg tests for lateral extensions or depth extensions or large- scale step-out drilling).

Diagrams clearly highlighting the areas of possible extensions, including the main geological interpretations and future drilling areas, provided thisinformation is not commercially sensitive.
Tempus plans to update historical NI43-101 foreign resource estimates to current NI43-101 and JORC 2012 standards

Tempus is also seeking to expand the scale of the mineralisation at the project through further exploration.

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Tempus Resources Ltd (ACN 625 645 338) (Company) has lodged a prospectus dated 4 August 2022 (Prospectus) with the Australian Securities and Investments Commission (ASIC) in respect of a pro-rata non-renounceable entitlement issue of 1 Share for every 2 Shares held by those Shareholders registered at the Record Date at an issue price of $0.05 per Share together with 1 free New Option for every Share applied for and issued to raise up to $3,898,286 (based on the number of Shares on issue as at the date of the Prospectus) (Offer).

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