TNM Drill Down: Tempus Resources reports top assay for Jan. 6-13

Our TNM Drill Down features highlights of the top gold assays of the past week. Drill holes are ranked by gold grade x width, as identified by our sister company Mining Intelligence.

The Americas produced this week’s top drill assays, with Australia’s Tempus Resources (ASX: TMR; TSXV: TMRR) leading the charge with its Elizabeth project in British Columbia. The company reported that hole EZ-22-20 had intersected 28.5 metres grading 28.1 grams gold per tonne from 84.4 metres depth, for a width x grade value of 801. The hole is one of two the company had drilled into the No. 9 vein that reported bonanza grades over broad zones. The excavations have extended the No. 9 vein by about 150 metres, with areas to the south and southwest providing priority follow-up targets. Hole 20 sets a combined grade and thickness record for the Elizabeth project. Tempus believes it is possible for the No. 9 and Blue Veins to structurally join, with the potential for more gold mineralization to accumulate around the intersection and further extensions along the strike to the southwest.

The second-best assay of the week comes from Filo Mining’s (TSX: FIL) Filo del Sol project in Argentina. Hole FSH071 returned 1,028 metres of 0.47 grams gold per tonne from 292 metres depth, giving a width x grade value of 483. The hole is one of two drilled into the Aurora Zone and was collared about 410 metres apart. The company says the hole intersected two new mineralized zones along the eastern edge of the drill program. These zones demonstrate Filo’s expectation that it will find both new mineralization and new kinds of mineralization as it continues to explore and expand the deposit. Hole FSH071 ended in mineralization at a depth of 1,320 metres due to rig capacity, with the final 20 metres averaging 0.46% copper equivalent. Eight holes are currently underway at the project, including the deepest hole, 68A, which is still progressing at over 1,750 metres.

The third-best assay of the week comes from Collective Mining (TSXV: CNL) and its Guayabales project in Colombia. Hole APC-22 returned 426 metres, grading 1.05 grams of gold per tonne from 308.8 metres for a width x grade value of 447. The hole is one of two drilled in the copper-silver-gold footprint of the Main Breccia discovery at the Apollo target to the north and east, expanding the mineralized area. Hole APC-22 expanded the system more than 100 metres to the north. According to Collective, the hole intersected two shallow high-grade zones from 60 metres depth but stopped at 734 metres depth due to rig capacity. It ended in mineralization averaging 3.3 metres grading 0.48 grams gold per tonne.