Announcement PDF Discover. Develop. Sustain. Online Presentation 202304 ASX:TEM 1 Disclaimer ▪ Any material used in this presentation is only an overview and summary of certain data selected by the management of Tempest Minerals Ltd (“TEM”). ▪ The presentation does not purport to contain all the information that a prospective investor may require in evaluating a possible investment in TEM nor does it contain all the information which would be required in a disclosure document prepared in accordance with the requirements of the Corporations Act and should not be used in isolation as a basis to invest in TEM. Recipients of this presentation must make their own independent investigations, consideration and evaluation of TEM. ▪ TEM recommends that potential investors consult their professional advisor/s as an investment in TEM is considered to be speculative in nature. ▪ Statements in this presentation are made only as of the date of this presentation unless otherwise stated and the information in this presentation remains subject to change without notice. Reliance should not be placed on information or opinions contained in this presentation. ▪ To the maximum extent permitted by law, TEM disclaims any responsibility to inform any recipient of this presentation on any matter that subsequently comes to its notice which may affect any of the information contained in this document and presentation and undertakes no obligation to provide any additional or updated information whether as a result of new information, future events or results or otherwise. ▪ No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions or conclusions contained in or derived from this presentation or any omission from this presentation or of any other written or oral information or opinions provided now or in the future to any person. ▪ To the maximum extent permitted by law, neither TEM nor, any affiliates, related bodies corporate and their respective officers, directors, employees, advisors and agents, nor any other person, accepts any liability as to or in relation to the accuracy or completeness of the information, statements, opinions or matters (express or implied) arising out of, contained in or derived from this presentation or any omission from this presentation or of any other written or oral information or opinions provided now or in the future to any person. Competent Persons Statement The scientific and technical information contained within this Presentation is based on, and fairly represents information prepared by Mr Don Smith, a Competent Person who is a Member of the Australian Institute of Mining and Metallurgy (Ausimm), Australian Institute of Geoscience (AIG) and Geological Society of Australia (GSA). Mr Smith is the Managing Director of Tempest Minerals Ltd and has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resource and Ore Reserves”. Mr Smith consents to the inclusion in this presentation of the matters based on his information in the form and context in which it appears. ASX:TEM | tempestminerals.com 2 “... And show’d thee all the qualities o’ th’ isle, The fresh springs, brine-pits, barren place and fertile. …” Caliban (William Shakespeare’s - The Tempest) ASX:TEM | tempestminerals.com 3 Our Company ASX:TEM | tempestminerals.com 4 Investor Snapshot Projects Critical Metals Copper Gold Lithium Rare Earths Highlights Proven potential Derisked commodity focus Multiple drill campaigns Project pipeline Australia focus | International exposure ASX:TEM | tempestminerals.com Company ● ● ● ● ● Experienced expert team Diversified commodity and jurisdiction exposure Innovative science and technology Modest capital structure and price point Invested management ASX Code Share Price TEM $0.019 Shares on Issue Market Cap 507m $9.6m Cash @ Mar 31 Debt $3.29m $0m 5 People Directors and Management BRIAN MOLLER Non-executive Chairman Brian has been a partner at the legal firm HopgoodGanim for 30 years and leads the Corporate Advisory and Governance practice. Brian is the chair or a non-executive director of several ASX listed companies; and was critical in the progression of LSE listed SolGold PLC to becoming one of the largest copper gold developments in the world. DON SMITH Managing Director PAUL JURMAN Company Secretary Paul Jurman is involved with a diverse range of Australian public listed companies in company secretarial and financial roles. He is currently company secretary of Platina Resources Ltd, Carnavale Resources Ltd and Lord Resources Ltd. Don Smith is a Geologist and entrepreneur who holds a Bachelor of Science from Newcastle University and an MBA from The Australian Institute of Business. With over 20 years in the mining industry, he has held roles in junior through to multinational firms on projects spanning 6 continents and numerous commodities. Don is involved with a number of private and publicly listed resource companies. TIMOTHY BEVIS ANDREW HAYTHORPE Timothy Bevis is an experienced Geologist having worked in mining and mineral exploration in all Australian states and territories and across a spread of commodities and mineralisation styles. Non-executive Director Senior Geologist Andrew Haythorpe has 30 years experience in geology, funds management and has been a Director and Chairman of a number of TSX and ASX listed companies including Crescent Gold. Andrew has been involved in over A$300 million of mergers, acquisitions and capital raisings. Currently he is a Managing Director of Goldoz Ltd and Stunalara Metals Pty Ltd and chairman of Allup Silica Ltd. OWEN BURCHELL Non-executive Director Owen Burchell is a Mining Engineer with 20 years of technical, operational and corporate experience including management positions at Rio Tinto, BHP and Barrick Gold through to numerous mining start-ups, closures and operational turnaround projects. Owen is Managing Director of imminent ASX IPO Abarta Resources Limited. ASX:TEM | tempestminerals.com 6 Sustainability ASX:TEM | tempestminerals.com ✓ Strong focus on low impact environmental management ✓ Close relationship with local communities and stakeholders ✓ Corporate governance committed board 7 Innovation ● Pioneering innovation and technology ● Strong automation systems ● Realtime field data acquisitions systems ● Technology Strategic Partnerships ASX:TEM | tempestminerals.com 8 Our Projects ASX:TEM | tempestminerals.com 9 Lithium USA Gold PNG Lithium Africa Copper Gold Lithium Australia ASX:TEM | tempestminerals.com 10 Current Exploration Mt Magnet Gold REE Yalgoo Gold Critical Metals ASX:TEM | tempestminerals.com 11 Yalgoo Yalgoo Messenger Deflector (Au/Cu) Gnows Nest (Au) Golden Grove (Cu/Zn/Au) Meleya Minjar Minjar (Au) (Au) War West Karara (Fe) Mt Mulgine (W/Au) Euro ASX:TEM | tempestminerals.com Rothsay (Au) Yalgoo: World Class Yet Underexplored ★ >1,000km2 - TEM 100% ★ >25% regional landholding ★ Proven potential. Massive opportunity. ★ 400 km from Perth | High impact exploration ★ Nearby world class mines | Major infrastructure 12 Yalgoo: The Meleya Province New Mineralised Belt ● ● ● ● ● ASX:TEM | tempestminerals.com 50+km of strike of previously unknown greenstone belt No previous leases and never explored Strong geophysical and geochemical signatures First holes ever - all mineralised One of the most exciting exploration targets in Australia today 13 Yalgoo: 2022 Work Recently Completed: Drilling: ✓ 3 diamond drill programs completed: >3,000m ✓ RC/AC program completed: >6,400m ✓ Multiple mineralised zones ✓ Promising new zones recently identified Geophysics: ✓ DHEM proves podiform sulphides present ✓ ElectroParaMagnetic (EPR) Survey identified over 250 anomalies ASX:TEM | tempestminerals.com 14 Clover Drilling - Metals Everywhere! Highlights ● ● ● ASX:TEM | tempestminerals.com 5m @ 0.11% Nickel + 0.09% Chromium from 101m 3m @ 0.54% Tungsten (WO3) and 0.07% Cobalt from 21m 6m @ 0.13% REO (Rare Earth Element Oxide) 686ppm Cerium + 348 Lanthanum + 86pm Yttrium from 51m ○ Including: 3m @ 0.2% REO 1,085ppm Ce + 348ppm La + 135ppm Y from 48m 15 Copper/Zinc at Clover Highlights ● ● Grades elevated - 4 times the normal regional values Multiple zones of enrichment suggest mineralising system such as VMS or skarn ● Consistent with the geological theory underpinning the Meleya Belt and drilling to date ASX:TEM | tempestminerals.com 16 Huge Copper Anomaly At Remorse Highlights ASX:TEM | tempestminerals.com ● 4 kilometre base metal anomaly identified at the Remorse Target ● 3 kilometre nickel / rare earth anomaly ● Geochemistry potentially correlates with a VMS signature ● Newly acquired tenements extend the target along strike ● Drilling program in planning 17 Mt Magnet Mt Magnet: In The Shadow Of The Headframe ★ >20km2 - TEM 100% ★ New geology work | Gold and critical mineral potential ★ Mining region | Low bar to exploration and development ★ ASX:TEM | tempestminerals.com 5 km from processing facility | Operating neighbours 18 Range: A Piece Of The Puzzle World Class Location ● ● Prolific gold region - >6Moz historical production in Mount Magnet alone Adjacent success stories include: ○ ○ ○ ● Ramelius ASX:RMS Genesis ASX:GMD Westgold ASX:WGX Tenements adjacent to Ramelius’ Mt Magnet operations to the north and west and Genesis to East Surrounded by Gold ● ● ● ● Britannia New geological models for the region include Intrusion Related Gold which further increases the prospectivity of the area. Undocumented historic workings along strike from Britannia open pit. Wide spread mineralized shears, intrusives and alteration confirmed in recent field work. Target generation in progress with drill testing in 2023 ASX:TEM | tempestminerals.com 19 Papua New Guinea ASX:TEM | tempestminerals.com 20 Near Term Gold Production Tolu Minerals Ltd ● Tolukuma Mine Development ○ JORC Resource (1.61Mt @ 10 gpt Au and 38 gpt Ag for 503kOz - Inferred category) ○ ● ASX:TEM | tempestminerals.com Mine restart work in progress Mt Penck ○ High grade gold in historic exploration ○ Nearby deposits with similar geology ● Soon to be listed on ASX - $15M IPO ● TEM invested $1M at $0.37 (listing price $0.50) 21 Lithium Lithium: The Electric Future ★ Demerger of Australian assets ★ New IPO Electra Minerals ★ African hardrock lithium exposure ★ North American brine lithium exposure ASX:TEM | tempestminerals.com 22 Electra Minerals Ltd ● ● ● ● TEM to demerge its lithium projects New IPO - Electra Minerals Ltd Pre-IPO capital raising in progress TEM shareholders receive in-specie shares ● Significant Western Australian Lithium Portfolio ● Exciting Nevada lithium brine project ASX:TEM | tempestminerals.com 23 Lithium Exposure ASX:TEM | tempestminerals.com ● ASX listed Argosy Minerals Ltd (ASX:AGY) is the operator of the Tonopah Lithium Project in Nevada, USA. Tempest has an agreed milestone payment upon Argosy announcing a JORC compliant reserve or the commencement of commercial production of lithium product. ● Tempest retains exposure to lithium and other commodities through through its current equity holding of 25 million shares in high profile Premier African Minerals. 24 What’s next? ASX:TEM | tempestminerals.com 25 Upcoming News Yalgoo ● ● ● ● Drilling in preparation at Remorse Potential follow up to 2022 drilling Remaining results due New target pipeline Magnet ● ● Field results pending Fieldwork Planned Corporate ● ASX:TEM | tempestminerals.com Electra update 26 Key Points ✓ Derisked multi-commodity multi-jurisdiction explorer developer ✓ Attractive priced with huge potential upside ✓ Exciting newsflow from ongoing exploration and corporate activity ASX:TEM | tempestminerals.com 27 Investor Channels Youtube ● https://www.youtube.com/@TEMPESTMINERALS ● New TEMPEST INSIDE - short docuseries ○ Season 01 to commence March 01 ○ Teaser https://www.youtube.com/watch?v=y4-klb0QNo4 Investor Hub ● InvestorHub.tempestminerals.com ● Exclusive content and direct company interaction ASX:TEM | tempestminerals.com 28 Contact Tempest Minerals Level 2, Suite 9, 389 Oxford Street, Mt Hawthorn Western Australia 6016 +61 8 9200 0435 info@tempestminerals.com Tempestminerals.com Tempest Minerals Tempest Minerals Tempest Minerals Tempest Minerals Visit our new website and - interact directly with TEM - get all the latest ASX announcements - company videos - and more! investorhub.tempestminerals.com : ASX:TEM | tempestminerals.com 29