Page 41 - pd282-May20-mag-web_Neat
P. 41
pany shortly after the acquisition of
Zamora. The gold specialist has previ-
ously worked with Borg on other projects
in South America.
Blackdome-Elizabeth consists of two
separate mineralisation styles. The Eliz-
abeth zone, about 200km north of Van-
couver, has a historic inferred resource
of 206,000oz gold @ 12.26 g/t. Black-
dome is a further 30km to the north and
previously produced 225,000oz gold at a
grade of 20 g/t.
Brendan Borg
“It’s a high-grade project and we see
significant opportunities to be able to
Elizabeth in Canada in the current eco- expand that resource base,” Borg said. Blackdome-Elizabeth in British Columbia,
nomic climate. “That’s where we think we can really add Canada is considered a low-risk
“If we’re going to spend the money that value to the project, as part of an overall brownfields opportunity by Tempus
we do have and the money that we will be strategy to bring the mine back into pro-
raising shortly, we think it’s probably bet- duction using the existing permitted tail- late last year in the Northern Territory
ter applied to the lower risk gold project ings facility and mill.” and the results were semi-encouraging,
in Canada at the moment rather than the A review of all historic data on Black- but not sufficiently encouraging enough
higher risk/higher reward Ecuador pro- dome-Elizabeth is under way, with Tem- for us to be allocating funds towards
ject,” Borg said. pus planning to update the existing NI43- those in the coming period,” Borig said.
“While we have a presence in Ecua- 101 resource numbers to an estimate “We just want to allocate our money to-
dor, we also need to bring some people compliant with JORC 2012 standards wards the Canadian project in particular
in and obviously we can’t do that at the before year’s end. in the short-to-medium term and then in
moment, so some of the guys from the With plenty of work on the horizon in the medium term towards the Ecuado-
exploration team in British Columbia will both Ecuador and Canada, Borg indi- rian projects as we think they have the
go down to Ecuador when they can.” cated the company was likely to divest most potential for us to generate value for
Tempus was introduced to Blackdome- its copper projects in South Australia and shareholders of Tempus.”
Elizabeth by new exploration manager the Northern Territory.
Kevin Piepgrass, who joined the com- “We conducted a drilling programme – Michael Washbourne
DURATRAY SUSPENDED DUMP BODY (SDB)
CUSTOMIZED DESIGN TO OUTLAST AND OUTPERFORM
duratray.com | info@duratray.com | +61 3 87612800
aUSTRaLIa’S PaYDIRT MaY 2020 Page 41

