Tempus Resources to fly survey next month over highly prospective Ecuador gold projects before drilling
Tempus Resources Ltd's (ASX:TMR) will undertake a helicopter-borne geophysical survey over both the Rio Zarza and Valle del Tigre II projects in Ecuador during December ahead of drilling, which is scheduled for the first quarter of 2020.
During the September quarter, the company has primarily focused on advancing its recently acquired Zamora gold-copper exploration project in southern Ecuador.
The company has also been focused on completing the acquisition of the advanced stage high-grade Blackdome-Elizabeth Gold Project in British Columbia, Canada.
Zamora exploration
Exploration activity began on the Zamora project, adjacent to and within the same district as the world-class Fruta del Norte Gold Project, which is nearing construction completion by Lundin Gold Inc (TSX:LUG).
The exploration program consisted of a mobile metal ion (MMI) soil geochemistry sampling grid across the entire Rio Zarza concessions.
A total of 1,168 soil samples were collected, with an addition of 84 check samples for quality assurance and quality control purposes.
The samples will be analysed using the MMI analysis technology developed by SGS in their Lakefield laboratory in Ontario, Canada.
Tempus, in coordination with Lundin Mining, also sampled and mapped rock and saprolitic exposures along new mining roads.
Due to deep tropical weathering and land movements, minimal exposures were identified, however, 38 channel and grab samples were collected.
Channel and grab samples have been shipped to the prep-lab in Quito, Ecuador, and, following preparation, will be sent to Lima Peru for final analysis.
MMI is capable of measuring metal ions at very low detection levels and this technique is particularly useful for detecting deep buried deposits.
Survey next month
Geotech Ltd has been retained to fly a helicopter-borne geophysical survey over both Rio Zarza and Valle del Tigre II.
This will be flown at 200-metre line spacing for a total of around 600 line kilometres and will include ZTEMTM (Z-Axis Tipper Electromagnetic) system, magnetics and radiometrics.
The ZTEMTM system provides superior exploration depth and high resolution, and excellent resistivity discrimination.
This survey will provide a valuable data set to assist in mapping geological units and to gain a greater understanding of the structural framework of the area.
Canadian site visit
Tempus' managing director and exploration manager recently completed a detailed site visit and series of meetings in Canada as part of due diligence assessment on the newly acquired Blackdome-Elizabeth Gold Project in British Columbia Canada.
The Blackdome-Elizabeth project includes a 300 tonnes per day permitted mill and tailings facility, with a combined C$80 million replacement estimate.
Discussions included the project vendors and staff, government officials, technical and legal consultants, as well as with other mining companies operating the area.
Soil sampling program
Tempus, in conjunction with the vendor, has recently begun a soil sampling program across the Blackdome and Elizabeth project areas, targeting:
- Extensions to known mineralised veins;Read More – Source
