Meleya Update - Drilling Commences At Master
Released
Released
Announcement PDF
ASX : TEM
2022-09-05 | Meleya - Drilling Commences At Master
TEM | Meleya Update - Drilling Commences At Master
Key Points
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Drilling recommences at Meleya Project
WARDH74 at the ‘Master’ target represents only 3rd hole drilled into new greenstone belt
500m diamond drill program is first of multiple planned programs
High Priority Target comes as a result of Tempest data analysis
News Item
Tempest Minerals Ltd (TEM) is pleased to
announce the commencement of drilling at
the Meleya Project.
The drilling will
comprise approximately 500m of diamond
drilling into the ‘Master’ target which is a
high priority coincident geophysical and
geochemical target to the south east of the
recent high profile Orion drilling.
Meleya Project
Master Target
The target known colloquially as ‘Master’ sits in
the southern portion of the Meleya Project (8km
1
south-east of the high profile Orion Target ).
The target was previously
identified through magnetics
and geochemistry but has
recently been re-ranked to high
priority after the results of
incorporating large datasets
generated from analysis of 2022
drilling
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in conjunction with
preliminary results from a
number
of
geophysical
techniques being currently used
in the region by TEM.
An initial 500m of diamond
drilling has been designed to
test the underlying geology with
potential for follow up drilling.
Tempest Minerals Ltd │ ACN 612 008 358
Phone: +61 8 9200 0435
Address: Level 2, Suite 9, 389 Oxford Street, Mt Hawthorn, WA 6016
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ASX : TEM
2022-09-05 | Meleya - Drilling Commences At Master
Geology
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The Master Target is one of numerous targets identified through ongoing data interpretation and
fieldwork which has been occurring since 2018 at the Meleya Project. This particular anomaly is located
in the central southern section of the Meleya Project - approximately 8km south of the high profile Orion
target - and east of the project namesake Meleya Well.
The target is defined by a large >1.5 km-long north-west south-east striking magnetic feature and is
interpreted as representing part of or another previously unidentified segment of the mineralised ‘Eastern
Yalgoo Greenstone belt’.
The Master target is a ‘blind’ (no outcropping rocks nearby) target and was identified in early exploration
data analysis by the presence of a prominent magnetic high and coincident anomalous geochemistry.
The area is dominated by fluvial surface material and subsequently some samples may contain minerals
that are not representative of the rocks at depth. However, multiple samples over several kilometres
contain up to 3% sulphur and multiple indicator metals which are considered highly anomalous
irrespective of the presence of transported cover.
TEM have recently conducted further data analysis based on multiple new sources including extensive
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alteration and mineralisation in WARDH72/73 at the Orion target drilled earlier in 2022 and preliminary
results from geophysical and other work currently in progress in the Yalgoo region. These indicate the
possibility of the presence of magnetite/pyrrhotite & sulphide-bearing mineralisation buried under cover.
Figure 03 : Master target with underlying TMI magnetic image and sulphur geochemistry
Next Steps
- Drilling at Master scheduled to complete mid September
- Multiple further drill programs in preparation to commence late September to October
- Multiple geophysical survey results due September
- Ongoing fieldwork and surface sampling across TEM projects suite with results due in October
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ASX : TEM
2022-09-05 | Meleya - Drilling Commences At Master
The Board of the Company has authorised the release of this announcement to the market.
About TEM
Tempest Minerals Ltd is an Australian based mineral exploration company with a diversified portfolio of projects in
Western Australia considered highly prospective for precious, base and energy metals.
The Company has an experienced board and management team with a history of exploration, operational and
corporate success.
Tempest leverages the team’s energy, technical and commercial acumen to execute the Company’s mission - to
maximise shareholder value through focussed, data-driven, risk-weighted exploration and development of our
assets.
Contact
For more information, please contact:
Don Smith
Managing Director
Level 2, Suite 9
389 Oxford Street
Mt Hawthorn,
Western Australia
6016
www.tempestminerals.com
LinkedIn
Instagram
Twitter
+61 89200 0435
Facebook
Forward-looking statements
This document may contain certain forward-looking statements. Such statements are only predictions, based on
certain assumptions and involve known and unknown risks, uncertainties and other factors, many of which are
beyond the company’s control. Actual events or results may differ materially from the events or results expected or
implied in any forward-looking statement.
The inclusion of such statements should not be regarded as a representation, warranty or prediction with respect to
the accuracy of the underlying assumptions or that any forward-looking statements will be or are likely to be
fulfilled. Tempest undertakes no obligation to update any forward-looking statement to reflect events or
circumstances after the date of this document (subject to securities exchange disclosure requirements).
The information in this document does not take into account the objectives, financial situation or particular needs
of any person or organisation. Nothing contained in this document constitutes investment, legal, tax or other
advice.
Competent Person Statement
The information in this announcement that relates to Exploration Results and general project comments is based
on information compiled by Don Smith who is the Managing Director of Tempest Minerals Ltd. Don is a Member of
AIG, GSA and AusIMM and has sufficient experience relevant to the style of mineralisation under consideration and
to the activities undertaken to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian
Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Don consents to the inclusion in
the report of the matters based on his information in the form and context in which it appears.
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ASX : TEM
2022-09-05 | Meleya - Drilling Commences At Master
Appendix A: References
1. TEM ASX Announcement dated 28 March 2022 “Meleya Update - Significant Discovery At Orion
Target”
2. TEM ASX Announcement dated 08 July 2022 “Meleya Update - DHEM Survey Complements Initial
Assays At Orion
3. TEM ASX Announcement dated 25 May 2022 “Investor Webinar Presentation”
4. TEM ASX Announcement dated 02 April 2022 “Meleya Update - Further mineralisation drilled at the
Orion discovery”
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