Yesterday, Tempus Resources Ltd (OTCQB:TMRFF) was in the news after it made an announcement with regards to the drill assay results from the Elizabeth Gold Project located in Southern British Columbia.
Market Action
On Friday, CNNA stock ended flat at $0.0550 with 10K shares, compared to its average volume 163 shares. The stock moved within a range of $0.0550 – 0.0550 after opening trade at $0.0534.
Tempus Resources Announces More ‘Bonanza’ and High-Grade Gold from Elizabeth Drilling Results
The company announced the results from 7 drill holes in total from the exploration program for 2022. It included the intersections from the West HW Vein, No 9 Vein and the Blue Vein. Jason Bahnsen, who is the Chief Executive Officer and President of the company, spoke about the development as well. He noted that the final drilling results from the 2022 exploration program provided more evidence with regards to extension of high quality gold zone.
He went on to note that the company was highly pleased at the possible discovery of a new vein. It was a major new announcement from Tempus Resources and it is going to be interesting to see if this leads to any move in its stock over the course of the week or not. It is also important to note that the announcement made by the company was yesterday had also been authorized by its board of directors. It may be a good time to add the stock to your watch lists.
