Range Update - Gold In Rock Chips and Expanded Drilling

Key Points

• Multiple rock chips at ~1gpt at the Cherokee Target

• Drill program expanded to include new results

• Drilling and multiple field campaigns expected in September

Summary

Tempest Minerals Ltd (TEM) is pleased to update the market on exploration at its 100%-owned Range Project in Mt Magnet. Recent surface sampling at the Cherokee target has yielded peak rock chip values of above 1gpt gold from prospective outcrops that recent work confirmed is the same host of gold mineralisation in the Mt Magnet region, including the nearby Britannia Well Mine. The new results will drive the expansion of the recently announced upcoming RC drilling program at the Wrangler and Defender targets, with additional drilling being added to test the Cherokee target.