Announcement PDF ASX : TEM 2023-08-21 | Yalgoo Update - Remorse Geochem And Heritage Partnership Commenced TEM | Yalgoo Update - Remorse Geochem and Heritage Partnership Commenced Key Points ● ● ● Surface geochem extension program commenced at Remorse Target Additional new surface geochem sampling including near adjacent gold discovery Regional traditional owner partnership established and work commenced Summary Tempest Minerals Ltd (TEM) is pleased to update the market on the progression of work within its 100% owned Yalgoo holdings. The Company has commenced surface geochemistry sampling to extend the >4km Remorse copper, zinc, nickel, rare earth Target as well as sampling at new targets nearby new gold discoveries. TEM has also engaged the Badimia People to provide cultural heritage and other specialised services in the region. Yalgoo Projects Background Tempest Minerals is well-funded and has a strong management team with a proven track record of success in mineral exploration. The Yalgoo Project areas are one of the most exciting exploration projects in Australia today and continue to hold the potential to deliver significant value to shareholders. The Remorse target is located within the greater TEM Yalgoo holdings which in total cover an area of approximately 1,000 square kilometres located in the Murchison region of Western Australia, approximately 500 kilometres north of Perth. The Project areas exhibit a proven potential for critical and precious metals. Particularly, this region is considered to be highly prospective for the discovery of volcanogenic massive sulphide (VMS), skarn, intrusion-related gold (IRG) deposits, and lode-hosted/orogenic vein-style gold deposits. The project area is underlain by a variety of favourable geological features, including mafic and felsic greenstone units, and felsic to intermediate intrusions, with numerous large-scale structures 1. In 2022, Tempest Minerals completed multiple drilling programs and intersected multiple zones of polymetallic mineralization, including copper, nickel and rare earth elements (REEs). A parallel surface sampling program in the eastern portion of the project also displayed an exceptionally coherent multi-kilometre copper, zinc 2 and nickel, rare earth element (REE) 3 anomaly known as the Remorse Target. TEM has recently completed a large-scale regional electromagnetic survey and is also undertaking additional geochemical sampling adjacent to Remorse and into new tenement areas which TEM acquired earlier in the year 4 which neighbouring explorers have had considerable recent success 5. Tempest Minerals Ltd │ ACN 612 008 358 Phone: +61 8 9200 0435 Address: Level 2, Suite 9, 389 Oxford Street, Mt Hawthorn, WA 6016 Page 1 | 5 ASX : TEM 2023-08-21 | Yalgoo Update - Remorse Geochem And Heritage Partnership Commenced Geochem Survey TEM have previously announced the presence of appreciable copper, zinc, nickel, and rare earth in soils over more than 4km strike length at the Remorse Target. In line with previously released plans, TEM wishes to advise the commencement of a wide-spaced surface sample program (approximately 500 samples). This program will extend the known surface geochemical anomalies at Remorse and additionally begin surface sampling at other targets in the new southeastern tenement extensional area. This will include testing the Sanity target which is part of the new tenements acquired by TEM earlier in 2023 directly and directly along strike (200m) from the emerging Rothchild gold discovery currently being explored by Warriedar Resources Ltd (ASX:WA8). Figure 02: Planned surface sampling locations (green) within current program . Page 2 | 5 ASX : TEM 2023-08-21 | Yalgoo Update - Remorse Geochem And Heritage Partnership Commenced Regional Heritage In conjunction with current field work, TEM are working closely with the traditional owners of the region, the Badimia people through the BLAC/BBAC corporation structures 6. This partnership allows the Badimia to provide cultural heritage advisory in the region in which TEM are operating. It is also expected these groups will provide ongoing cultural and other specialist services to TEM and others operating in the region. Figure 03: Badimia People and TEM team in the field conducting heritage survey Next Steps - Complete current field programs referenced in this release (<2 weeks) - Assays from geochem due early Q4 - Continue progressing multiple exploration fronts including for drilling Page 3 | 5 ASX : TEM 2023-08-21 | Yalgoo Update - Remorse Geochem And Heritage Partnership Commenced 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. Investor Information Investorhub.tempestminerals.com TEM welcomes direct engagement and encourages shareholders and interested parties to visit the TEM Investor hub which provides additional background information, videos and a forum for stakeholders to communicate with each other and with the company. Contact For more information, please contact: Don Smith Managing Director Level 2, Suite 9 389 Oxford Street Mt Hawthorn, Western Australia 6016 Website Instagram LinkedIn Twitter Youtube Facebook +61 892000435 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 AusIMM, AIG and GSA 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. Page 4 | 5 ASX : TEM 2023-08-21 | Yalgoo Update - Remorse Geochem And Heritage Partnership Commenced Appendix A: References 1. LI3 ASX Announcement dated 18 August 2020 “Meleya Zone Targets Identified From New Geophysical Data” 2. TEM ASX Announcement dated 15 March 2023 “Meleya Update - 4km copper anomaly at Remorse Target” 3. TEM ASX Announcement dated 19 April 2023 “Meleya Update - Geochem anomaly extended with Nickel and Rare Earths” 4. TEM ASX Announcement dated 15 February 2023 “Increase In Yalgoo Landholding” 5. WA8 ASX Announcement dated 28 April 2023 “Drilling at Rothschild delivers substantial high-grade gold extension” 6. https://badimia.org.au/ (accessed 16 August 2023) Page 5 | 5