Elizabeth Blue Vein Drilling – More Visible Gold

PERTH, AUSTRALIA / ACCESSWIRE / July 7, 2022 / Tempus Assets Ltd (“Tempus” or “the Firm”) (ASX:TMR), (TSXV:TMRR), (OTC PINK:TMRFF) is happy to announce that seen gold has been noticed in diamond drill gap EZ-22-09 on the Elizabeth Gold Undertaking in Southern British Columbia, Canada.

HIGHLIGHTS

The 2022 drilling program at Elizabeth continues to point out power of the Blue Vein

A number of flecks of seen gold noticed in drill-hole EZ-22-09 drill gap over a quartz vein of roughly metreRoughly 2,200 metres of drilling accomplished over 9 holes focusing on the Blue Vein since drilling commenced on 30 Might, with seen gold reported as we speak in drill-hole EZ-22-09 and beforehand in EZ-22-03Outcomes are pending with assays for drill holes EZ-22-01 by EZ-22-03 anticipated shortly

That is the second time throughout this 2022 drilling season that seen gold has been encountered throughout the Blue Vein (see Tempus Assets’ DDH EZ-22-03 announcement 20 June 2022).

DDH EZ-22-09, intersected Blue Vein construction from 105.17 to 106.21 (1.04m zone) that present the presence of seen gold (“VG”) inside a 3 cm quartz stringer, throughout the 1 metre quartz vein construction. Grains of seen gold have been noticed within the uncut core on the hanging wall facet of the vein construction plus a further grain of VG noticed at 106m. (See Picture 1, Determine 1 and Determine 2)

Tempus Assets, President and CEO, Jason Bahnsen, commented “Drilling on the Elizabeth Undertaking is off to an important begin this season. We have now now accomplished the primary 9 holes of this system which were centered on extending the Blue Vein gold mineralisation. The repeated remark of seen gold in drill-holes bodes properly for assays, that are anticipated to be obtained throughout the subsequent few weeks for the primary few drill-holes.“

Picture 1. EZ-22-09 Blue Vein intersection with seen gold

On the subject of the AIG 2015 steering for visible reporting of large sulphide mineralisation, the Firm studies it has not encountered any large sulphide mineralisation in drill gap EZ-22-09. Whereas it isn’t doable to precisely estimate the share of visible gold current although out the drill core, the Firm means that the share could be lower than the 0.01%. The Firm cautions that visible observations of seen gold are usually not a proxy or substitute for laboratory evaluation. Laboratory assays and evaluation shall be required to verify the visible interpretations introduced on this information launch.

The Blue Vein was found in 2021 (EZ-21-12 together with 1.0m at 33.7g/t Au) with a complete of seven holes intersecting the vein to this point (together with three holes with ‘bonanza’ grade intersections, i.e., larger than 1oz per tonne), high-grade gold mineralisation was recognized over a strike size of over 80 metres in 2021. Roughly fifteen (15) holes have been deliberate this yr to focus on the enlargement of the Blue Vein high-grade gold mineralisation alongside strike and down dip. The 2022 drilling is testing Blue Vein gold mineralisation over a complete strike size of roughly 400 metres.

Determine 1 – Elizabeth Plan View Displaying 2022 Drill Areas

Determine 2 – Elizabeth Blue Vein Lengthy Part (wanting Northwest)

This announcement has been authorised by the Board of Administrators of Tempus Assets Restricted.

Competent Individuals Assertion

Data on this report referring to Exploration Outcomes relies on info reviewed by Mr. Sonny Bernales, who’s a Member of the Engineers and Geoscientists British Columbia (EGBC), which is a recognised Skilled Organisation (RPO), and an worker of Tempus Assets. Mr. Bernales has adequate expertise which is related to the type of mineralisation and kind of deposit into consideration and to the exercise which he’s enterprise to qualify as a Competent Particular person as outlined by the 2012 Version of the Australasian Code for reporting of Exploration Outcomes, Mineral Assets and Ore Reserves, and as a Certified Particular person for the needs of NI43-101. Mr. Bernales consents to the inclusion of the info within the type and context through which it seems.

For additional info:

TEMPUS RESOURCES LTD

Melanie Ross – Director/Firm Secretary Cellphone: +61 8 6188 8181

About Tempus Assets Ltd

Tempus Assets Ltd (“Tempus”) is a development oriented gold exploration firm listed on ASX (“TMR”) and TSX.V (“TMRR”) and OTCQB (“TMRFF”) inventory exchanges. Tempus is actively exploring initiatives situated in Canada and Ecuador. The flagship mission for Tempus is the Blackdome-Elizabeth Undertaking, a excessive grade gold previous producing mission situated in Southern British Columbia. Tempus is at present halfway by a drill program at Blackdome-Elizabeth that may type the idea of an up to date NI43-101/JORC useful resource estimate. The second key group of initiatives for Tempus are the Rio Zarza and Valle del Tigre initiatives situated in south east Ecuador. The Rio Zarza mission is situated adjoining to Lundin Gold’s Fruta del Norte mission. The Valle del Tigre mission is at present topic to a sampling program to develop anomalies recognized by geophysical work.

Ahead-Trying Data and Statements

This press launch accommodates sure “forward-looking info” throughout the that means of relevant Canadian securities laws. Such forward-looking info and forward-looking statements are usually not consultant of historic info or info or present situation, however as a substitute symbolize solely the Firm’s beliefs relating to future occasions, plans or targets, a lot of which, by their nature, are inherently unsure and outdoors of Tempus’s management. Usually, such forward-looking info or forward-looking statements could be recognized by way of forward-looking terminology akin to “plans”, “expects” or “doesn’t anticipate”, “is anticipated”, “price range”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “doesn’t anticipate”, or “believes”, or variations of such phrases and phrases or could comprise statements that sure actions, occasions or outcomes “could”, “might”, “would”, “would possibly” or “shall be taken”, “will proceed”, “will happen” or “shall be achieved”. The forward-looking info and forward-looking statements contained herein could embrace, however are usually not restricted to, the power of Tempus to efficiently obtain enterprise targets, and expectations for different financial, enterprise, and/or aggressive elements. Ahead-looking statements and knowledge are topic to numerous identified and unknown dangers and uncertainties, a lot of that are past the power of Tempus to manage or predict, which will trigger Tempus’ precise outcomes, efficiency or achievements to be materially completely different from these expressed or implied thereby, and are developed primarily based on assumptions about such dangers, uncertainties and different elements set out herein and the opposite dangers and uncertainties disclosed underneath the heading “Threat and Uncertainties” within the Firm’s Administration’s Dialogue & Evaluation for the quarter and 9 months ended March 31, 2022 dated Might 16, 2022 filed on SEDAR. Ought to a number of of those dangers, uncertainties or different elements materialize, or ought to assumptions underlying the forward-looking info or statements show incorrect, precise outcomes could differ materially from these described herein as meant, deliberate, anticipated, believed, estimated or anticipated. Though Tempus believes that the assumptions and elements utilized in getting ready, and the expectations contained in, the forward-looking info and statements are affordable, undue reliance shouldn’t be positioned on such info and statements, and no assurance or assure could be on condition that such forward-looking info and statements will show to be correct, as precise outcomes and future occasions might differ materially from these anticipated in such info and statements.

The forward-looking info and forward-looking statements contained on this press launch are made as of the date of this press launch, and Tempus doesn’t undertake to replace any forward-looking info and/or forward-looking statements which might be contained or referenced herein, besides in accordance with relevant securities legal guidelines. All subsequent written and oral forward-looking info and statements attributable to Tempus or individuals appearing on its behalf are expressly certified in its entirety by this discover.

Neither the ASX Alternate, the TSX Enterprise Alternate nor its Regulation Service Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Alternate) accepts duty for the adequacy or accuracy of this launch.

Appendix 1

Desk 1:Drill Gap Collar Desk

UTM

UTM

Gap ID

Goal

Easting (NAD83

Northing (NAD83

Elevation (m)

Size (m)

Azimuth

Dip

Z10)

Z10)

EZ-22-01

Blue Vein

530953

5653772

2400

222

130

-65

EZ-22-02

Blue Vein

531203

5653772

2400

225

108

-65

EZ-22-03

Blue Vein

531203

5653772

2400

198

95

-50

EZ-22-04

Blue Vein

531200

5653774

2400

375

290

-55

EZ-22-05

Blue Vein

531130

5653775

2393

156

280

-45

EZ-22-06

Blue Vein

531130

5653775

2399

237

290

-55

EZ-22-07

Blue Vein

531130

5653775

2399

216

298

-45

EZ-22-08

Blue Vein

531039

5653887

2399

120

135

-50

EZ-22-09

Blue & SW Vein

530953.1

5653772

2422

380 – ongoing

100

-53

Appendix 2: The next tables are supplied to make sure compliance with the JORC Code (2012) necessities for the reporting of Exploration Outcomes for the Elizabeth – Blackdome Gold Undertaking

Part 1: Sampling Methods and Information

(Standards on this part apply to all succeeding sections.)

StandardsJORC Code clarificationCommentary Sampling strategies

● Nature and high quality of sampling (eg reduce channels, random chips, or particular specialised trade normal measurement instruments applicable to the minerals underneath investigation, akin to down gap gamma sondes, or handheld XRF devices, and so forth). These examples shouldn’t be taken as limiting the broad that means of sampling.

● Embody reference to measures taken to make sure pattern representivity and the suitable calibration of any measurement instruments or programs used.

● Features of the dedication of mineralisation which might be Materials to the Public Report. In circumstances the place ‘trade normal’ work has been executed this could be comparatively easy (eg ‘reverse circulation drilling was used to acquire 1 m samples from which 3 kg was pulverised to supply a 30 g cost for fireplace assay’). In different circumstances extra clarification could also be required, akin to the place there’s coarse gold that has inherent sampling issues. Uncommon commodities or mineralisation varieties (eg submarine nodules) could warrant disclosure of detailed

info.

● HQ (63.5 mm) sized diamond core utilizing normal gear.

● Mineralised and probably mineralised zones, comprising veins, breccias, and alteration zones have been sampled.

● Samples have been half core.

● Typical core samples are 1m in size.

● Core samples despatched to the lab shall be crushed and pulverized to 85% passing 75 microns. A 50g pulp shall be fireplace assayed for gold and multi-element ICP. Samples over 10 g/t gold shall be reanalysed by fireplace assay with gravimetric end

Drilling strategies

● Drill sort (eg core, reverse circulation, open-hole hammer, rotary air blast, auger, Bangka, sonic, and so forth) and particulars (eg core diameter, triple or normal tube, depth of diamond tails, face-sampling bit or different sort, whether or not core is oriented and if that’s the case, by

what technique, and so forth).

● Diamond Drilling from floor (HQ dimension) Drill pattern restoration

● Methodology of recording and assessing core and chip pattern recoveries and outcomes assessed.

● Measures taken to maximise pattern restoration and guarantee consultant nature of the samples.

● Whether or not a relationship exists between pattern restoration and grade and whether or not pattern bias could

have occurred as a consequence of preferential loss/acquire of high-quality/coarse materials.

● Detailed calculation of restoration was recorded, with most holes attaining over 95%

● No relationship has but been famous between restoration and grade and no pattern bias was famous to have occurred.

StandardsJORC Code clarificationCommentaryLogging

● Whether or not core and chip samples have been geologically and geotechnically logged to a degree of element to assist applicable Mineral Useful resource estimation, mining research and metallurgical research.

● Whether or not logging is qualitative or quantitative in nature. Core (or costean, channel, and so forth) images.

● The entire size and share of the related intersections logged.

● Detailed geological and geotechnical logging was accomplished for every gap.

● All core has been photographed.

● Full holes have been logged.

Sub- sampling strategies and pattern preparation

● If core, whether or not reduce or sawn and whether or not quarter, half or all core taken.

● If non-core, whether or not riffled, tube sampled, rotary cut up, and so forth and whether or not sampled moist or dry.

● For all pattern varieties, the character, high quality and appropriateness of the pattern preparation method.

● High quality management procedures adopted for all sub- sampling phases to maximise representivity of samples.

● Measures taken to make sure that the sampling is consultant of the in situ materials collected, together with for example outcomes for area duplicate/second-half sampling.

● Whether or not pattern sizes are applicable to the grain dimension of the fabric being sampled.

● Half core was sampled, utilizing a core noticed.

● Duplicate samples of recent and historic core are Quarter core or half core the place not beforehand sampled

● Pattern sizes are thought-about applicable for the grain dimension of the fabric being sampled.

● It’s anticipated that bulk sampling shall be utilised because the mission advances, to extra precisely decide grade.

High quality of assay knowledge and laboratory exams

● The character, high quality and appropriateness of the assaying and laboratory procedures used and whether or not the method is taken into account partial or complete.

● For geophysical instruments, spectrometers, handheld XRF devices, and so forth, the parameters utilized in figuring out the evaluation together with instrument make and mannequin, studying occasions, calibrations elements utilized and their derivation, and so forth.

● Nature of high quality management procedures adopted (eg requirements, blanks, duplicates, exterior laboratory checks) and whether or not acceptable ranges of accuracy (ie lack of bias) and precision have been established.

● Core samples which were despatched to the lab for evaluation embrace management samples (requirements, blanks and prep duplicates) inserted at a minimal price of 1:5 samples.

● Along with the minimal price of inserted management samples, a typical or a clean is inserted following a zone of mineralization or seen gold

● Additional duplicate samples have been analysed to evaluate variability

Verification of sampling and assaying

● The verification of serious intersections by both impartial or different firm personnel.

● The usage of twinned holes.

● Documentation of main knowledge, knowledge entry procedures, knowledge verification, knowledge storage (bodily and digital) protocols.

● Talk about any adjustment to assay knowledge.

● Re-assaying of chosen intervals of historic core have been despatched for evaluation. StandardsJORC Code clarificationCommentaryLocation of knowledge factors

● Accuracy and high quality of surveys used to find drill holes (collar and down-hole surveys), trenches, mine workings and different places utilized in Mineral Useful resource estimation.

● Specification of the grid system used.

● High quality and adequacy of topographic management.

● All sampling factors have been surveyed utilizing a handheld GPS.

● UTM grid NAD83 Zone 10.

● A extra correct survey pickup shall be accomplished on the finish of this system, to make sure knowledge is suitable for geological modelling and Useful resource Estimation.

● Down gap surveys have been accomplished on all holes.

Information spacing and distribution

● Information spacing for reporting of Exploration Outcomes.

● Whether or not the info spacing and distribution is adequate to determine the diploma of geological and grade continuity applicable for the Mineral Useful resource and Ore Reserve estimation process(s) and classifications utilized.

● Whether or not pattern compositing has been utilized.

● Most drilling is focusing on verification and extension of identified mineralisation.

● It’s anticipated that the info shall be utilised in a preparation of a Mineral Useful resource assertion.

● Further drilling is exploration beneath geochemical anomalies, and would require additional delineation drilling to be included in a Mineral Useful resource.

Orientation of knowledge in relation to geological construction

● Whether or not the orientation of sampling achieves unbiased sampling of doable constructions and the extent to which that is identified, contemplating the deposit sort.

● If the connection between the drilling orientation and the orientation of key mineralised constructions is taken into account to have launched a sampling bias, this ought to be assessed and reported if materials.

● Basically, the purpose was to drill perpendicular to the mineralised constructions, to achieve an estimate of the true thickness of the mineralised constructions.

● At a number of places, a collection (fan) of holes was drilled to assist verify the orientation of the mineralised constructions and to maintain land disturbance to a minimal.

Pattern s Safety● The measures taken to make sure pattern safety.● Samples from Elizabeth have been delivered to the laboratory by a industrial transport service.Audits or Evaluations● The outcomes of any audits or opinions of sampling strategies and knowledge.● An impartial geological advisor has not too long ago visited the positioning as a part of getting ready an up to date NI43-101 Technical Report for the Undertaking.

Part 2: Reporting of Exploration Outcomes

(Standards listed within the previous part additionally apply to this part.)

StandardsJORC Code clarificationCommentaryMineral tenement and land tenure standing

● Sort, reference title/quantity, location and possession together with agreements or materials points with third events akin to joint ventures, partnerships, overriding royalties, native title pursuits, historic websites, wilderness or nationwide park and environmental settings.

● The safety of the tenure held on the time of reporting together with any identified impediments to acquiring a licence to function within the space.

● The Blackdome-Elizabeth Undertaking is comprised of 73 contiguous mineral claims underlain by 14 Crown granted mineral claims and two mining leases.

● The Property is situated within the Clinton and Lillooet Mining Divisions roughly 230 km NNE of Vancouver

● Tempus has exercised the choice to amass the Elizabeth Gold Undertaking and has accomplished an addendum to the unique Elizabeth Possibility Settlement

(check with ASX announcement 15 December 2020)

● A internet smelter royalty of three% NSR (1% purchasable) applies to a number of claims on the Elizabeth Property.

● No royalties apply to the Blackdome Property or Elizabeth Regional Properties.

● There are at present no identified impediments to growing a mission on this space, and all tenure is in good standing.

Exploration executed by different events● Acknowledgment and appraisal of exploration by different events.

● Within the Nineteen Forties, placer gold was found in Fairless Creek west of Blackdome Summit. Prospecting by Lawrence Frenier shortly afterward led to the invention of gold-bearing quartz veins on the southwest slope of the mountain that resulted within the staking of mining claims in 1947. Empire Valley Gold Mines Ltd and Silver Normal Assets drove two adits and accomplished primary floor work in the course of the Nineteen Fifties.

● The Blackdome space was not labored once more till 1977 when Barrier Reef Assets Ltd. re-staked the realm and carried out floor work along with underground improvement. The Blackdome Mining Corp. was fashioned in 1978 and carried out in depth floor and underground work with varied three way partnership companions that resulted in a constructive feasibility examine. A 200 ton/day mill, camp amenities and tailings pond have been constructed and mining operations formally commenced in 1986. The mine ceased operations in 1991, having produced 225,000 oz of Au and 547,000 oz of Ag from 338,000 tons of ore (Godard et al., 2010)

● After a interval of inactivity, Claimstaker Assets Ltd. took over the mission, reopening the mine in late 1998.

StandardsJORC Code clarificationCommentary

Mining operations lasted six months and resulted in Might of 1999. Throughout this era, 6,547 oz of Au and 17,300 oz of Ag have been produced from 21,268 tons of ore. Additional exploration packages have been continued by Claimstaker over the next years and a Japanese three way partnership companion was introduced onboard that prompted a reputation change to J-Pacific Gold Inc. This partnership was terminated by 2010, leading to one other title change to Sona Assets Corp.

● Gold-bearing quartz veins have been found close to Blue Creek in 1934, and in 1940-1941 the Elizabeth No. 1-4 claims have been staked.

● Bralorne Mines Ltd. optioned the property in 1941 and in the course of the interval 1948-1949, explored the presently- named Essential and West Veins by about 700 metres of cross-cutting and drifting, in addition to about 110 metres of raises.

● After buying the Elizabeth Gold Undertaking in 2002, J- Pacific (now Sona) has carried out a collection of exploration packages that included diamond drilling 66 holes totalling 8962.8 metres (up till 2009) Different exploration work by Sona on the Elizabeth Gold Undertaking has included two soil grid, stream sediment sampling, geological mapping and sampling, underground rehabilitation, structural mapping and airborne images and topographic base map technology.

Geology● Deposit sort, geological setting and magnificence of mineralisation.

● The Blackdome property is located in a area underlain by rocks of Triassic to Tertiary age. Sedimentary and igneous rocks of the Triassic Pavilion Group occurring alongside the Fraser River symbolize the oldest rocks within the area. A big, Triassic age, ultramafic complicated (Shulaps Complicated) was emplaced alongside the Yalakom fault; a regional scale construction situated some 30 kilometres south of the property. Sediments and volcanics of the Cretaceous Jackass Mountain Group and Spences Bridge/Kingsvale Formations overlie the Triassic assemblages. A few of these rocks happen a number of kilometres south of Blackdome.

● Overlying the Cretaceous rocks are volcanics and minor sediments of Eocene age. These rocks underlie a lot of

Blackdome and are correlated with the Kamloops Group seen within the Ashcroft and Nicola areas.

StandardsJORC Code clarificationCommentary

Geochemical research (Vivian, 1988) have proven these rocks to be derived from a “calc-alkaline” magma in a volcanic arc sort tectonic setting. Eocene age granitic intrusions at Poison Mountain some 22 kilometres southwest of Blackdome are host to a gold bearing porphyry copper/molybdenum deposit. It’s speculated that this or associated intrusions might replicate the supply magmas of the volcanic rocks seen at Blackdome. There’s some documented proof of younger granitic rocks a number of kilometres south of the mine close to Lone Cabin Creek.

The youngest rocks current are Oligocene to Miocene basalts of the Chilcotin Group. These are uncovered on the uppermost slopes of Blackdome Mountain and Purple Mountain to the south.

● Transecting the property in a NE-SW strike course are a collection of faults that vary from vertical to reasonably westerly dipping. These faults are the principal host constructions for Au- Ag mineralisation. The faults anastomose, and type sygmoidal loops.

● The world through which the Elizabeth Gold Undertaking is located is underlain by Late Paleozoic to Mesozoic rock assemblages which might be juxtaposed throughout a fancy system of faults primarily of Cretaceous and Tertiary age. These Paleozoic to Mesozoic-age rocks are intruded by Cretaceous and Tertiary-age shares and dykes of primarily felsic to intermediate composition, and are domestically overlain by Paleogene volcanic and sedimentary rocks. The Elizabeth Gold Undertaking is partly underlain by ultramafic rocks of the Shulaps Ultramafic Complicated, which embrace harzburgite, serpentinite and their alteration product listwanite.

● The gold mineralisation discovered on the Elizabeth Gold Undertaking current traits typical of epigenetic mesothermal gold deposits. The auriferous quartz vein mineralisation is analogous to that discovered within the Bralorne- Pioneer deposits. Gold mineralisation is hosted by a collection of northeast trending, steeply northwest dipping veins that crosscut the Blue Creek porphyry intrusion. The Essential and West vein programs show mesothermal textures, together with ribboned-laminated veins and complete wall rock breccias. Vein formation and gold mineralisation have been related to extensional-

brittle faulting believed to be contemporaneous with mid- Eocene extensional faulting alongside the Marshall Creek, Mission Ridge and Quartz Mountain faults.

StandardsJORC Code clarificationCommentaryDrill gap Data

● A abstract of all info materials to the understanding of the exploration outcomes together with a tabulation of the next info for all Materials drill holes:

o easting and northing of the drill gap collar

o elevation or RL (Lowered Stage – elevation above sea degree in metres) of the drill gap collar

o dip and azimuth of the outlet

o down gap size and interception depth

o gap size.

● If the exclusion of this info is justified on the idea that the knowledge shouldn’t be Materials and this exclusion doesn’t detract from the understanding

of the report, the Competent Particular person ought to clearly clarify why that is the case.

● Check with Appendix 1 for drill gap collar informationData aggregation strategies

● In reporting Exploration Outcomes, weighting averaging strategies, most and/or minimal grade truncations (eg reducing of excessive grades) and cut-off grades are normally Materials and ought to be said.

● The place combination intercepts incorporate brief lengths of excessive grade outcomes and longer lengths of low grade outcomes, the process used for such aggregation ought to be said and a few typical examples of such aggregations ought to be proven intimately.

● The assumptions used for any reporting of steel equal values ought to be clearly said.

● Intervals reported utilizing a number of samples are calculated utilizing a weighted common.

● Calculated intervals utilizing a weighted common didn’t use a prime reduce on high-grade samples. Excessive-grade samples are reported as ‘together with’

● Calculated weighted common intervals are steady intervals of a mineralized zone and don’t embrace unsampled intervals or unmineralized intervals.

Relationship between mineralisation widths and intercept lengths

● These relationships are notably essential within the reporting of Exploration Outcomes.

● If the geometry of the mineralisation with respect to the drill gap angle is thought, its nature ought to be reported.

● If it isn’t identified and solely the down gap lengths are reported, there ought to be a transparent assertion to this impact (eg ‘down gap size, true width not

identified’).

● Basically, drilling is designed to intersect the mineralized zone at a standard angle, however this isn’t at all times doable.

● For the reported intervals, true widths are reported the place mineralized core was intact and doable to measure the orientation. In any other case the true width is left clean

Diagrams

● Acceptable maps and sections (with scales) and tabulations of intercepts ought to be included for any important discovery being reported These ought to embrace, however not be restricted to a plan view of drill

gap collar places and applicable sectional views.

● Check with maps inside announcement for drill gap places.StandardsJORC Code clarificationCommentary

Balanced

reporting

● The place complete reporting of all Exploration Outcomes shouldn’t be practicable, consultant reporting of each high and low grades and/or widths ought to be practiced to keep away from deceptive reporting of Exploration

Outcomes.

● The place broader low-grade intervals are reported the high-grade intercepts are reported as ‘together with’ throughout the reported intervalOther substantive exploration knowledge

● Different exploration knowledge, if significant and materials, ought to be reported together with (however not restricted to): geological observations; geophysical survey outcomes; geochemical survey outcomes; bulk samples – dimension and technique of remedy; metallurgical take a look at outcomes; bulk density, groundwater, geotechnical and rock traits; potential deleterious or contaminating

substances.

● Tempus not too long ago accomplished an airborne magnetic and radiometric survey over the Elizabeth Gold Undertaking (check with ASX announcement 02 August 2021) by finishing 97 strains for a complete of 735 line-kilometres. Flight strains are oriented east-west with north-south tie strains and spaced 200 metres throughout your complete 115km2 Elizabeth property. Line spacing of 100 metres was flown over the Elizabeth Essential and Elizabeth East Zones.

● The airborne magnetic survey knowledge was reviewed and interpreted by Perception Geophysics Inc. utilizing 3D magnetization vector inversion (MVI) modelling.

● The geophysical surveys recognized the Blue Creek Porphyry, which is the identified host of the high-grade Elizabeth gold-quartz veins, as a relative magnetic low anomaly throughout the Shulaps Ultramafic Complicated. From this correlation of geology and geophysics it was decided that the Blue Creek Porphyry, initially explored / mapped to roughly 1.1km2 in dimension, is probably going a lot bigger. The airborne magnetic survey and MVI 3D modelling interpret the Blue Creek Porphyry to be a minimum of four-times the scale at roughly 4.5km2.

● This interpretation of the Blue Creek Porphyry can also be in depth at depth extending to a minimum of 2km deep

Additional work

● The character and scale of deliberate additional work (eg exams for lateral extensions or depth extensions or large- scale step-out drilling).

● Diagrams clearly highlighting the areas of doable extensions, together with the primary geological interpretations and future drilling areas, supplied this

info shouldn’t be commercially delicate.

● Tempus plans to replace historic NI43-101 overseas useful resource estimates to present NI43-101 and JORC 2012 requirements

● Tempus can also be in search of to increase the dimensions of the mineralisation on the mission by additional exploration.

SOURCE: Tempus Assets Ltd.

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