Tempest Minerals welcomes encouraging gold rock chips at Yalgoo
October 31, 2023 at 02:31 pm EDT
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Tempest Minerals Ltd (ASX:TEM) managing director Don Smith discusses with Proactive the promising geochemical findings from surface sampling at the the Yalgoo projects' Sanity target. The results reveal zones of significant anomalism for gold and other metals and pave the way for further exploration and possible drilling in the area. Peak rock chip values reached 7 grams per tonne of gold, 0.2% copper, and over 60% iron within broader envelopes of anomalous soil geochemistry.
Of why the company makes a good investment proposition Smith says, "We've got quite a modest evaluation, to say the least, and we had some spectacular projects that have a real opportunity for finding world-class ore bodies. We've also got a great team that's doing great work to try and achieve that goal."
Contact Details
Proactive Investors
Jonathan Jackson
+61 413 713 744
jonathan@proactiveinvestors.com
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Tempest Minerals Limited is a mineral exploration company with a diversified portfolio of projects in Western Australia prospective for precious, base and energy metals. The Companyâs projects include Yalgoo, Mount Magnet, Five Wheels, Elephant Project, and Rocky Hill. It has holding in the Yalgoo region of Western Australia, totaling more than 1,000 square kilometers (2km). The Yalgoo project contains different geological domains referred to by four different areas namely: Messenger, Meleya, Warriedar West and Euro. Mt Magnet is a prolific multi-million-ounce gold mining center with numerous open pit and underground mines. The Five Wheels Project is 266 2km of granted tenure in the Earaheedy region of Western Australia proximal to the Rumble Resources Ltd discoveries. The Elephant Project comprises 194 2km of prospective exploration leases. The Rocky Hill Project is located 100 kilometers from Perth within the new exploration front known as the South West Terrane.