Tempest Minerals talks new Fraser Range and Earaheedy projects
August 23, 2023 at 03:11 pm EDT
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Tempest Minerals Ltd (ASX:TEM) MD Don Smith speaks with Proactive soon after announcing the company is acquiring a large-scale gold exploration target, the Elephant Project, on the periphery of the Albany Fraser Belt, adding to the company’s diversified portfolio of Western Australian precious, base and energy metals projects.
Elephant Project in the much-talked-about Fraser Range comprises highly prospective exploration leases with large exploration-ready geophysical and geochemical targets.
This project was pegged primarily due to a strong geophysical anomaly and coincident geochemical data from nearby previous exploration.
The large scale and nature of the anomaly bear similarities to other world-class deposits in the region such as Tropicana at which the peak soil value was 31 parts per billion (ppb) with 0-15 metres of cover while the Elephant Target is 5-10pbb with 100-150 metres of cover.
Meanwhile, in July, Tempest acquired the Five Wheels Base Metals Project in the Earaheedy region which is in proximity to that area’s prominent zinc-lead-copper discoveries of Rumble Resources and Strickland Metals.
Contact Details
Proactive Investors
Jonathan Jackson
+61 413 713 744
jonathan@proactiveinvestors.com
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Copyright (c) 2023 TheNewswire - All rights reserved., source Press Releases
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.