Yalgoo Update - Expanded drill program at Remorse

Key Points

• Expanded drill program planned at the 4km Remorse Copper Target

• Approvals in final stages for ~5000m RC campaign

• Commencement of works expected June/July

Summary

Tempest Minerals Ltd (TEM) is pleased to update the market on the progress at the Remorse Target. The Remorse Target is a 4km long coincident base metal and geophysical target located in the Company’s Flagship Yalgoo Project. TEM has received preliminary approval for drilling at the central area of the target. As a result of recent ground-truthing work, TEM believes a larger expanded program design of ~5000m is required. Approvals are in the final stages and work is anticipated to commence in June/July.