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Tempest Minerals Limited (ASX:TEM)

ALERT: Price-sensitive ASX Announcement for TEM
Current share price for TEM : $0.005 -0.002 (-28.57%)+
Announcement
Release
1 Dec 2025 8:21AM
Price at Release
$0.007
Full Release
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Summary
Tempest Minerals Limited (ASX: TEM) has announced further gold intercepts from its drilling activities at the Range Project near Mt Magnet, Australia. The project spans over 20 square kilometers in a highly prospective gold mining region. The recent drilling program consisted of 19 holes totaling 1,500 meters, targeting multiple gold prospects identified through previous exploration efforts. This drilling extends known mineralisation from surface to depth over approximately 1.5 kilometers, predominantly found in altered felsic porphyry intrusions. The results support the interpretation of a larger mineralisation system in the area, with gold grades and scales comparable to nearby early-stage development projects. These findings are consistent with the presence of gold-bearing felsic porphyries within the Boogardie Basin.
Key Points
  • Tempest Minerals conducted a 1,500-meter drilling program at the Range Project.
  • The Range Project is located near the Mt Magnet region, a major gold mining area.
  • Drilling consisted of 19 holes, targeting previously identified gold prospects.
  • Mineralisation is found in silica-sericite-pyrite altered felsic porphyry intrusions.
  • Drilling results suggest a larger mineralisation system in the region.
  • Gold grades and scale are similar to those in neighboring early-stage projects.
  • The project area spans 20 square kilometers with significant exploration potential.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.