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Tempest (ASX:TEM) Identifies New Gold Target, Expands RC Drilling at Range Project

2 min read | September 10, 2025 10:42 AM AEST | By Sonal Goyal

Highlights

  • Tempest Minerals has reported rock chip assays of up to 1 g/t gold at the Cherokee target within the Range Project.
  • The mineralisation style observed at Cherokee is consistent with the Britannia Well Mine and Boogardie Break in the Mt Magnet region.
  • Geochemical analysis revealed elevated levels of arsenic, mercury, tellurium, and tungsten in the samples.
  • The company plans to expand its upcoming reverse circulation drilling program to include the Cherokee target alongside Wrangler and Defender.
  • Drilling and several field campaigns are expected to commence in September 2025.

Tempest Minerals Ltd (ASX:TEM) has reported encouraging surface sampling results from its 100%-owned Range Project in Mt Magnet, identifying gold values above 1 gram per tonne (g/t) at the newly defined Cherokee target.

The results have prompted the company to expand its upcoming reverse circulation (RC) drilling program to include this new prospect alongside the existing Wrangler and Defender targets.

Rock Chip Sampling Delivers Gold Values

Recent reconnaissance fieldwork at the Cherokee prospect returned anomalous assays from banded iron formations (BIFs) located on the western boundary of the project leases. Of the eight samples collected, two recorded assays of 1 g/t Au.

Significant results from recent rock chip sampling at the Range Project. Image source: Company update

The BIF sequence hosts generally north-east striking fractured quartz veins with sulphide and siderite alteration, a style similar to mineralisation observed at the Britannia Well open pit and Boogardie Break in the Mt Magnet district.

Trace element geochemistry from the samples revealed elevated levels of arsenic, mercury, tellurium, and tungsten, further aligning with the mineralisation signature of known BIF and porphyry systems.

Tempest’s geological team also identified a sequence of BIF, porphyry, and ultramafic rocks striking SSE, with potential extensions under cover in the southern Range Project area. Importantly, historical workings and shallow drilling on the adjoining lease (P58/1849) indicate prior prospecting interest along this same mineralised corridor.

TEM shares traded at AUD 0.007 per share at the time of writing on 10 September 2025.


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