Tempest Minerals (ASX:TEM) commences 5,000m drilling at promising Remorse Target

September 12, 2024 11:00 AM AEST | By Sonal Goyal

Tempest Minerals (ASX:TEM) commences 5,000m drilling at promising Remorse Target — Image source: Company update

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Highlights

Tempest has commenced reverse circulation (RC) drilling at the promising Remorse Target.

The Yalgoo Project, spanning over 1,000 km², is known for its significant base and precious metals potential.

Recent geophysical and geochemical surveys have identified the Remorse Copper Target as highly promising.

TEM plans to analyse drill results continuously and may expand drilling based on preliminary findings.

Tempest Minerals Ltd (ASX:TEM) has commenced drilling at its Remorse Copper Target, part of the Yalgoo Project in Western Australia. The program involves approximately 5,000 metres of reverse circulation (RC) drilling, targeting the central area of the highly promising target which has shown potential in previous geophysical and geochemical surveys.

The Yalgoo Project, spanning over 1,000km², is renowned for its prospective base and precious metals terrain. Long-term exploration efforts, including detailed geological mapping and ground truthing has resulted in the expansion of the drilling program.

Recent analyses of multiple data sets have further confirmed the target’s potential.

Looking ahead, TEM will focus on analysing drill results as they come in and may consider additional drilling based on preliminary findings. The company will also continue its exploration efforts across other promising targets within its portfolio.

TEM sharers were trading at AU$0.011 apiece at the time of writing on 12 September 2024 with a market cap of AU$6.89 million.

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