TEMPUS RESOURCES LTD - TMRFF STOCK NEWS

Tempus Resources Ltd has successfully completed a A$6.28 million placement, issuing 24.99 million shares, increasing total shares to 124,966,613. Blue Ocean Equities Pty. Ltd. managed the placement and will receive A$262,395 in broker fees and 1.5 million options pending shareholder approval. The placement shares are subject to a four-month hold period in Canada. Tempus is engaged in gold exploration with projects in Canada and Ecuador, including the Elizabeth Gold Project, which is undergoing a drill program for a resource estimate.

Tempus Resources Ltd has released a report indicating significant exploration potential at the Blackdome Gold Mine. The study led by expert Dr. Jeffrey Hedenquist suggests the possibility of new gold-silver epithermal veins near the existing mine. Historical production of approximately 230,000 ounces of gold at 22g/t was noted, with findings indicating deeper mineralization than previously believed. The company is currently drilling and expects further results from its ongoing exploration efforts.

Tempus Resources (OTCQB:TMRFF) has secured A$6.28 million in a well-oversubscribed placement, issuing 24.99 million shares at an average price of A$0.251. The capital raised will support ongoing drilling at the Elizabeth Gold Project, including the extension of vein systems and exploration of satellite deposits. Recent drilling results at Elizabeth have shown significant gold intersections, enhancing the geological confidence of the resource. The placement is expected to complete by August 31, 2021, subject to regulatory approval.

Tempus Resources Ltd (TMRFF) has released promising assay results from its Elizabeth Gold Project in Southern BC, Canada. The latest results include high-grade gold intersections from drill-holes EZ-21-01, EZ-21-02, and EZ-21-03, with notable findings such as 6.60m at 8.40g/t gold from EZ-21-02 and 6.40m at 7.22g/t gold from EZ-21-03. With a total of 15 drill-holes completed, the project is on track for a maiden NI43-101/JORC Mineral Resource estimate by year-end. The exploration continues to confirm the vein structure, indicating significant gold potential for the company.

Tempus Resources has announced promising assay results from its Elizabeth Gold Project in British Columbia, Canada. The drilling results from hole EZ-21-04 revealed a significant intersection of 4.00m at 31.2g/t gold, including high grades of 52.1g/t and 72.0g/t gold. Fourteen holes have been completed, with further assays pending. The results indicate strong mineralization consistency, bolstering confidence in resource estimation. The project, located in the Bralorne Gold District, shows geological similarities to a historical mining area that produced over 4 million ounces of gold.

Tempus Resources Ltd (TMRFF) announces positive results from a consolidated metallurgical review by JDS Mining for its Elizabeth Gold Project. The review confirms the high-grade gold mineralization is non-refractory, with recoveries of up to 95% achievable through various processing routes. The existing Blackdome Gold Mine process plant may be utilized, with modifications recommended. Drilling continues at Elizabeth, and a Preliminary Economic Assessment is underway. Tempus remains optimistic about the project's potential, particularly with encouraging assay results expected soon.

Tempus Resources Ltd provided an update on its drilling program at the Elizabeth Gold Project in Southern BC, Canada. The campaign, which commenced on June 5, 2021, has completed five diamond drill holes totaling 774 meters. Notable findings include a 4.2-meter quartz vein with visible gold in hole EZ-21-04 and additional visible gold in hole EZ-21-02. The project aims to confirm and expand the high-grade North Extension Shoot within the 800-meter strike of the Southwest Vein. Tempus emphasizes its partnership with the Xwisten Community for environmental monitoring.