Tempus Resources

Website: www.tempusresources.com.au
Primary ticker: ASX:TMR
Stage of development: Exploration, Development
Primary minerals: Gold
Project to promote: Blackdome-Elizabeth Gold Project

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Tempus is developing a pipeline of high grade gold projects in Canada and Ecuador. The past producing Blackdome-Elizabeth Project located in British Columbia, Canada, hosts significant high grade resources of approximately 300,000 ounces, with significant expansion potential. The project includes a permitted mill and tailings storage facility. Tempus aims to sequentially bring the project back into production and will be fast tracking feasibility studies to achieve this, whilst maintaining an equal focus on expanding the resource base significantly. In Ecuador, we’re exploring highly prospective properties adjacent to the high grade Fruta del Norte gold mine, currently nearing production.

Management Profile

Brendan Borg – Managing Director

Brendan Borg (Managing Director) is a consultant geologist who has participated in numerous successful projects, in an investment and/or operational capacity.

Mr Borg has more than 20 years’ experience gained working in management, operational and project development roles in the Exploration and Mining industries, with companies including Rio Tinto Iron Ore, Magnis Resources Limited, IronClad Mining Limited, Lithex Resources Limited and Sibelco Australia Limited. Brendan is currently a Non-Executive Director of Celsius Resources Limited (ASX:CLA) and Mali Lithium Limited (ASX:MLL). He is also a Director of geological consultancy Borg Geoscience Pty Ltd.

Mr Borg holds a BSc in Geology/Environmental Science (Monash University) and an MSc in Hydrogeology and Groundwater Management and is a member of AusIMM and the IAH.

What is your rationale for attending 121 Mining Investment?

The Company listed on the ASX in 2018 and has recently acquired new gold projects in Canada and Ecuador. This conference is an opportunity to introduce the Company to new investors as we look to fast track exploration and development on these projects.

What recent news would you like to highlight to investors attending?

The Company recently finalised the acquisition of the Blackdome-Elizabeth Gold Project in British Columbia, Canada. An aggressive program of work is planned for the coming 12 months.
On our Ecuador Projects, the Company anticipates drill testing of defined targets in Q1, 2020.

What are your key goals for the next 3, 6 and 12 months?

3 Months:
Undertake drilling programs on both Projects. Update Mineral Resources and Preliminary Economic Assessment on the Blackdome-Elizabeth Gold Project.

6 Months:
Commence significant definitive feasibility study work programs on the Blackdome-Elizabeth Project. Progress permitting to sequentially bring the mine back in to production.
Drill testing of targets on the Valle Del Tigre licence in Ecuador.

12 Months:

Complete definitive feasibility study on the Blackdome-Elizabeth Gold Project.

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

Achieving permitting in a timely fashion, both for mine development in Canada and drilling in Ecuador. We are addressing these challenges by installing experienced teams in both locations with a strong understanding of how to navigate local permitting processes.

In a sentence, what do you think makes your company such a compelling investment?

Our low market capitalisation, given our exposure to a proven past producing high grade gold mine, with significant resource expansion potential, amid a strong current gold price and outlook.