Range Update - Drilling Imminent Targeting Gold In Mt Magnet

Key Points

• 1,500 m of RC (reverse circulation) drilling planned

• Drilling to target gold in the highly prospective Mt Magnet region

• Approvals and planning completed

• Commencement of works expected in August

Summary

Tempest Minerals Ltd (TEM) is pleased to update the market on exploration at its 100%-owned Mt Magnet Range Project, located immediately south of the historic Brittania Well gold mine in the Mt Magnet district of Western Australia.

The Company plans to complete approximately 1,500m of targeted RC drilling. TEM has received all the necessary regulatory approvals and anticipates the commencement of drilling in August 2025.

Recent fieldwork has identified several priority gold exploration targets for both RC drill testing and geochemical sampling. The targets are located along a strike length of almost 7 km in several different geological settings.