STOCK TITAN

Tempus Announces the Passing of Director Gary Artmont

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Tempus Resources Ltd announced the sudden death of Non-Executive Director and geological advisor Gary Artmont, a renowned exploration geologist with over 40 years of experience. Artmont's career included significant contributions to gold exploration and the discovery of major deposits like the Wabu Gold deposit and the Grasberg deposit. Tempus Chairman Alex Molyneux expressed deep condolences, highlighting Artmont's invaluable impact on the company. Tempus continues its exploration projects in Canada and Ecuador, particularly at the Blackdome-Elizabeth Project.

Positive
  • Gary Artmont's extensive experience in geology, which benefitted Tempus.
  • Ongoing exploration projects in Canada and Ecuador indicate growth potential.
Negative
  • The sudden loss of Artmont may impact the company's strategic direction and expertise.

PERTH, AUSTRALIA / ACCESSWIRE / September 5, 2022 / Tempus Resources Ltd ("Tempus" or the "Company") (ASX:TMR)(TSX.V:TMRR)(OTC:TMRFF) announces today, with great sadness, the sudden death of Non-Executive Director and geological advisor Gary Artmont.

Gary was a world-renowned exploration geologist with over 40 years of experience in projects across 6 continents. He graduated with an Honours BSc degree in Geology from the University of Waterloo in 1975 and began his career with Union Carbide searching for tungsten, uranium and industrial metals throughout Western and Northern Canada, USA and Brazil. Subsequently, Gary worked with Rio Tinto where he was instrumental in defining Vulcan Sedex style base metal mineralisation in the Selywn Basin of the Yukon.

During the 1980's Gary turned his focus to Australia and South East Asia where for Kennecott he developed reconnaissance programs for tungsten and gold mineralisation in Western Australia and New Zealand as well as completing the early-stage exploration of the Lihir Island gold deposit.

He had extensive experience in Indonesia where he acted as the on-site manager for the Mt Muro gold project in Central Kalimantan defining over 1.3 million ounces of gold as well as the discovery of other gold and diamond deposits in South Kalimantan. From 1989 to 1995, Gary was Chief Geologist for PT Freeport Indonesia where he managed over 120,000 metres of diamond drilling which led to the discovery of the 8-million-ounce Wabu Gold deposit as well as the first detailed geochemical survey and mapping over the Erstberg Mine area that culminated in the discovery of the Grasberg deposit, one of the largest gold deposits in the world. During this period, Gary also managed Freeport's exploration activities in Mexico.

In addition to the above, Gary had extensive experience working in project generation in China, Mongolia, Russia, Eastern Europe and South America.

During his overall career, Gary worked in over 15 countries and conducted site visits to over 150 operating mines at locations throughout the world.

Tempus Resources Chairman, Alex Molyneux commented "We have lost one of the great exploration geologists in the world and he will be sorely missed. Gary had the unique ability to apply his deep knowledge and experience in geology and exploration into real life commercial decisions. His guidance and advice have been instrumental to the success of Tempus Resources. We pass our deepest condolences to his family during this difficult time."

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

For further information:

TEMPUS RESOURCES LTD.
Melanie Ross - Director / Company Secretary +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 quarter and nine months ended March 31, 2022 dated May 16, 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.

SOURCE: Tempus Resources Ltd



View source version on accesswire.com:
https://www.accesswire.com/714678/Tempus-Announces-the-Passing-of-Director-Gary-Artmont

FAQ

What was the impact of Gary Artmont's death on Tempus Resources Ltd?

Gary Artmont's death may impact Tempus Resources' strategic direction due to his extensive experience and guidance in geology and exploration.

What is Tempus Resources Ltd currently exploring?

Tempus Resources Ltd is actively exploring projects in Canada and Ecuador, with a focus on the Blackdome-Elizabeth Project.

What notable achievements did Gary Artmont have in his career?

Gary Artmont was instrumental in discovering major gold deposits, including the Wabu Gold deposit and contributed to the exploration of the Grasberg deposit.

What is the ticker symbol for Tempus Resources Ltd?

The ticker symbol for Tempus Resources Ltd is TMRFF on the OTC market.

TEMPUS RESOURCES LTD

OTC:TMRFF

TMRFF Rankings

TMRFF Latest News

TMRFF Stock Data

20.62M
191.99M
11.92%
Other Industrial Metals & Mining
Basic Materials
Link
United States of America
Perth