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Tempest Minerals (ASX:TEM) Delivers Encouraging First Assay Results from Range Gold Project

3 min read | November 06, 2025 11:47 AM AEDT | By Sonal Goyal

Highlights

  • Inaugural reverse circulation drilling confirms gold mineralisation at the Range Project, extending from surface to depth.
  • Initial assays include 3m at 3.2g/t Au from 58m, with 1m at 5.9g/t Au from 59m.
  • Mineralisation remains open along strike and down plunge.
  • Further assay results from the remaining holes are pending.

Tempest Minerals Ltd (ASX:TEM) has released the first assay results from its inaugural Reverse Circulation (RC) drilling campaign at the Range Gold Project, located in Western Australia’s Murchison region.

The company recently completed its first drilling campaign at the site, comprising 19 holes for a total of 1,500m, testing several targets across the project area.

The initial assays from four drill holes extend known gold mineralisation from surface to depth. Significant intercepts include 3m at 3.2 grams per tonne (g/t) gold from 58m, including 1m at 5.9g/t gold from 59m (hole MGTDH002). Mineralisation remains open both along strike and down plunge. The drill sites are situated less than 10 kilometres from ASX-listed Ramelius Resources’ major planned mill expansion.

The company reported that further assay results from the remaining holes are pending.

Strategic Location and Project Background

The Range Project covers approximately 20 square kilometres of highly prospective ground within the broader Mt Magnet gold district, a region recognised as one of Australia’s major gold-producing centres. The area hosts multiple long-life open pit and underground mines, currently in operation.

The company has been conducting extensive exploration work at the Range Project, including the analysis of historical data and recent geological reinterpretation, identifying several exploration targets along a 7-kilometre strike length. Key prospects include:

  • Wrangler Target, located beside the Britannia Open Pit.
  • Cherokee Prospect, which previously returned grades of up to 1g/t gold.

Geology and Mineralisation Characteristics

Geological observations from the latest drilling program suggest that gold mineralisation at the Range is hosted within felsic porphyry intrusions, similar to mineralised systems at nearby deposits such as Eridanus, Stellar, and Milky Way in the Mt Magnet area.

The porphyries encountered in drilling show sericite alteration, foliation, shearing, and quartz veining with disseminated pyrite. Gold mineralisation is primarily concentrated along porphyry contacts within quartz-pyrite veining. Broad intervals of low-grade gold (0.2–0.6g/t Au) contain higher-grade sections above 1g/t Au mineralisation, consistent with other porphyry-hosted deposits in the region.

Next Steps for Exploration

Additional RC drill assays and auger-based geochemical program results are still pending. The next stage of work at the Range Project will include:

  • Geological interpretation and target generation.
  • Planning for Phase 2 drilling.

TEM shares were trading at AUD 0.009 per share, up 5.5%, at the time of writing on 6 November 2025.


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