Tempus Resources Ltd
Tempus Resources Ltd (ASX:TMR) has acquired high quality early stage gold exploration prospects in Ecuador.
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Tempus Resources identifies gold and copper in phase 1 sampling at Valle Del Tigre Project in Ecuador
Tempus Resources Ltd (ASX:TMR) (CVE:TMRR) (FRA:4W0) has completed a Phase 1 exploration program at its Valle de Tigre II (VdT) Project in south-eastern Ecuador with visible gold and copper observed in samples.
The sampling program consisted of 167 soil samples, 20 stream sediment samples and nine rock samples which have been sent to SGS del Ecuador, in Guayaquil, where they will be prepared before being sent to SGS del Peru for analysis.
Tempus has identified coarse gold in streams using traditional panning methods with up to 11 gold grains in one pan along with several artisanal gold workings in the sampling area.
Rock samples near these gold workings contained sulphide veins with visible pyrite-chalcopyrite-bornite within altered sandstone and granitic rocks.
"Visible gold and copper encouraging"
Tempus CEO and president Jason Bahnsen said: "We look forward to receiving the assay results from the 198 samples in this initial program.
"The presence of both visible gold and copper mineralisation during the fieldwork is very encouraging and together with the geophysical anomalies suggest the potential for gold and copper porphyry mineralisation within the project area."
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2020-03-19
