Tempus Resources Ltd. announced the assay results from the rock sampling program completed at Elizabeth in July. The Company also provides an update on the progress of work on its updated NI43-101/JORC resource estimate for the Elizabeth Project in British Columbia. The Elizabeth Gold Project has an overall area of approximately 11,500 hectares.

The recent drilling program at Elizabeth has focused on a small area of intrusive hosted quartz veins with an area of approximately 110 hectares. The 2023 rock sampling and geological mapping program at Elizabeth focused on "ground truthing" the identified geophysical anomalies across three key target areas. Of the 90 rock ship samples collected, six showed anomalous gold assay grades.

Elizabeth Northwest Zone: Fourteen rock samples were taken from an area to the northwest of the Elizabeth Main zone. The samples were collected within a protruding erosion-resistant outcrop which is the upper projection of Listwanite vein. Observed within the outcrop are multiple and intense anastomosing quartz, calcite and barite veining, within reddish, silicified listwanitic ultramafic where fuchsite was noted.

Vuggy quartz was also noted. Two rock samples returned anomalous gold assay results. Elizabeth Northwest Rock Sample - 0.662 grams per tonne gold, Elizabeth Northwest Rock Sample - 0.667 grams per tonne gold.

Three historical drill holes (E04-01, E04-03 and E04-05) indicated presence of a gold-mineralized vein structure on this area, now being called as Listwanite Vein. Hole E04-01 intersected 15.5 m wide zone at 1.01 g/t over 15.5 m, including 2.09 g/t over 1.5 m. This mineralized intersect is hosted by diorite, within contact zone with a listwanitic ultramafic rock. Elizabeth East Zone: The 2019 soil geochemistry survey identified a 400m x 150m east-west trending gold in soil anomaly in an area with no previously known mineral showings, located approximately 2.5 km east of the Elizabeth Main zone, including multiple samples > 0.1 g/t gold to a maximum of 0.66 g/t gold.

The strongly anomalous multi-element results are identified as residual soils, implying that the anomaly is true and locally derived. The 2023 rock sampling and mapping program identified dioritic intrusive "windows" within the ultramafic-dominated Elizabeth East anomaly area. This provides further support to the overall size of the Blue Creek Porphyry intrusion that hosts the gold veins at Elizabeth being much larger in size.

Tempus took 55 rock samples across the Elizabeth East anomaly area. Three rock samples returned anomalous gold assay results. Elizabeth East Rock Sample - 5.900 grams per tonne gold - outcrop sample, Elizabeth East Rock Sample - 0.988 grams per tonne gold - outcrop sample, Elizabeth East Rock Sample - 1.790 grams per tonne gold - float sample.

Elizabeth South Zone: A total of four samples were collected from this area. No anomalous gold in the assay results.