Tempest Minerals (ASX:TEM) follows robust approach across Lithium and Gold Projects, streak of exploration activities planned - Kalkine Media

Highlights

• Tempest uses innovative and scientific methods to drive economic discoveries and develop quality projects, defying short commodity cycles.
• Tempest owns and pursues gold and base metals projects in the prolific Mt Magnet and Yalgoo regions.
• The company maintains a strong de-risked position at its Western Australian exploration projects, hard rock lithium assets in Africa and lithium brine projects in the USA.

Did you know, the shape “S” was an international symbol for storms and a geological feature critical for understanding structures and mineralisation. In fact, the symbol also depicts the popular “S-curve” for disruptive technologies which display the adoption and evolution of innovations.

Tempest Minerals Limited (ASX:TEM) believes it is time for mineral resource companies to evolve. The leadership at Tempest is a staunch supporter of complementing advanced technology with data-driven workflows to undertake the exploration journey systematically and aggressively towards possibly significant mineral discoveries.

I reckon as TEM mentions on its website –

We are intense and focussed. Science is the wind behind us. Data is the deluge that we  create. Our actions are the thunder. Discovery is the lightning strike.

Tempest envisions to discover and develop highly prospective precious, base and energy metals projects in Australia and abroad. The company plans to achieve the feat by sustainably using science, innovation and data-driven, risk-weighted methods for maximising the shareholder value and benefit everyone.

Robust exploration strategy to unlock values for its shareholders

Tempest uses innovative and scientific methods to drive economic discoveries and develop quality projects, defying short commodity cycles. The company has been promoting a suite of mineral projects which have been parsed with innovative and hands-on exploration methods aimed to delineate high-growth assets that can be converted to a discovery or be divested.

The leadership at Tempest believes that the Elephant country is where it proves it and not where others claim it was or could never be. The company has been interested in greenfield, brownfield and all-fields opportunities.

De-risked position to premium Lithium assets

Following its successful initial public offering on the ASX in 2017, Tempest (erstwhile Lithium Consolidated Mineral Exploration Limited) has resulted in a string of successful exploration and divestment transactions across three continents. Amid the burgeoning energy storage industry, the company holds significant exposure to the lithium market.

The company focuses on three lithium projects stretching over 108km² across the Yilgarn Craton of Western Australia. Along with the gold and base metals projects in the prolific Mt Magnet and Yalgoo regions, the company maintains a  strong de-risked position at its Western Australian exploration projects, hard rock lithium assets in Africa and lithium brine projects in the USA.

Diamond drill project at the Euro gold project

Tempest owns a 100% stake in the Euro gold project that stretches across 176 km2 in the Yalgoo region of Western Australia. The company maintains a ground position of more than 900 km2 in the Yalgoo region. The Euro project is located in an underexplored geological terrain that hosts numerous developments or producing operations including Karara (Iron), Shine (Iron), Mt Mulgine (Gold/Tungsten) and Rothsay (Gold/Copper).

Diamond drilling in progress at the Euro Project Source: Tempest Minerals 9 November 2021

Currently, Tempest is undertaking a drilling program at the Calais target within its Euro project. The exploration program will include up to 2,000m diamond drilling to target multiple targets and improve the geological model of the mineralised system in which the gold intercepts had been intersected in the past.

AU150,000 EIS awarded, Drill program at Meleya in early 2022

Recently, the company was successful in its application in round 24 of the WA government’s Exploration Incentive Scheme (EIS). Under the grant, an expense of up to AU$150,000 will be shared towards drilling at the wholly owned Meleya project, which includes more than 50kms of untested extension of the eastern Yalgoo Greenstone Belt, including world-class deposits of the likes of Golden Grove.

Tempest plans to undertake the maiden drilling program at the Meleya project in early 2022 to test gold targets in regions with historical exploration success.