Tempus Resources (ASX:TMR) completes sampling at Ecuador project
Source: Business News
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Tempus Resources (TMR) has completed the phase one exploration program at its Valle de Tigre II Project in Ecuador
Under the exploration program, 167 soil samples, 20 stream sediment samples and nine rock samples were collected
All of the samples have been sent to SGS del Ecuador to be prepared before being sent to SGS Peru for analysis
Once the sampling results have been received, Tempus will use them to identify and develop targets for an upcoming drilling program
Tempus is down 4.65 per cent on the market this morning with shares trading at 20.5 cents
Tempus CEO/President Jason Bahnsen commented, We look forward to receiving the assay results from the 198 samples in this initial program. The presence of both visible gold and copper mineralization during the field work is very encouraging and together with the geophysical anomalies suggest the potential for both gold and copper porphyry mineralization within the project area. Valle del Tigre II is situated in the heart of the Cordillera del Condor mineral belt of southeast Ecuador with the Mirador porphyry copper mine to the north and the Fruta del Norte gold project to the south.
The Valle del Tigre II project is a grassroots-stage exploration project in the highly prospective Cordillera del Condor mineral belt of southeast Ecuador. The Valle del Tigre II boundary is situated approximately 2.5 km northwest of Lundin Mining s, Fruta del Norte, epithermal Au-Ag deposit (7.35 M oz Au @ 9.61 g/t Indicated Resource) and approximately 15 km southwest of the Mirador Cu-Au porphyry d
Tempus Completes Phase 1 Sampling at Valle Del Tigre II Project in Ecuador investingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investingnews.com Daily Mail and Mail on Sunday newspapers.
Tempus Resources (ASX:TMR) has spiked on the ASX today after releasing assay results from late-2020 drilling at its Canadian Blackdome Elizabeth Gold Project.