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- Tempus Resources (TMR) has requested a trading halt pending an upcoming capital raising
- The company is planning to make an announcement by August 24 and expects to resume trading by that date
- Yesterday, Tempus provided updates on the progress of diamond drilling at the Blackdome-Elizabeth Gold Project in British Columbia, Canada
- So far, 11 holes have been completed on the Giant Vein, No. 17 Vein, and the Redbird Vein at Blackdome
- Samples from the Giant Vein have been sent for analysis, while samples from the No. 17 and Redbird veins will be sent to the laboratory at the end of the week
- Shares in Tempus last traded for 33 cents each on August 19
Tempus Resources (TMR) has requested a trading halt pending an upcoming capital raising.
The company is planning to make an announcement by August 24 and expects to resume trading by that date.
At this point, Tempus has not announced how much money it wants to raise or what it will use the funds for.
Yesterday, Tempus provided updates on the progress of diamond drilling at the Blackdome-Elizabeth Gold Project in British Columbia, Canada.
So far, 11 holes have been completed, for 2165 metres, on the Giant Vein, No. 17 Vein, and the Redbird Vein at Blackdome. This drilling is aiming to verify and expand the known gold and silver mineralisation.
Samples from the Giant Vein have been sent to SGS Laboratory in Vancouver for analysis and results are expected within two weeks, while samples from the No. 17 and Redbird veins will be sent to the laboratory at the end of the week.
Shares in Tempus last traded for 33 cents each on August 19.
