TEM | Meleya Update - Drilling In Progress At Clover Target

Tempest Minerals Ltd (TEM) is pleased to update the market on the progression of continued drilling at the Meleya Project. Drilling is currently focussed on the Clover target. A diamond hole (637.1m) WARDH75 has now been completed with thick sequences of highly altered mafic geology and minor sulphides observed throughout the hole.

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Key Points

• Drilling continuing at the Meleya Project
  
• Diamond hole WARDH75 completed
• Considerable alteration and minor sulphides intersected
• RC drilling commenced at Clover

This program is anticipated to then transition into a regional aircore and RC program of up to 13,000m designed to penetrate zones of cover and laterite weathering across the newly identified belt.

Meleya Project

Background

The Meleya Project is part of Tempest Minerals’ flagship Yalgoo Portfolio that extends over a footprint of more than 900km². Earlier in 2022 drilled the first two¹ holes in conjunction with the state government co-funded (EIS) ² program in order to establish stratigraphic controls at the Orion Target. Both drill holes, totaling some 1,730.5m, encountered multiple zones of strong alteration and visual mineralisation ³.

This discovery cemented (what Tempest have viewed for some time ) the Meleya Project to be one of the most exciting greenfield projects in the industry and highlight potential for a major discovery across multiple geological settings within Tempest’s projects.

TEM recently announced the first hole drilled at the Master prospect ⁴ where alteration and mineralisation was also encountered ⁵. TEM has completed the first hole at the Clover target (WARDH75 and the commencement of a multihole ~4,000m RC program targeting the same geological zone.

Clover Target

Geology

The Clover Target is a magnetic low stratigraphic sequence 2.5km to the south east of the Orion target. TEM consider this to likely represent a previously unrecognised geological sequence within the mineralised Meleya Belt or potentially a strongly altered and ‘demagnetised’ zone such is typical of greenstone hosted hydrothermal gold mineralisation in Western Australia.

WARDH75

WARDH75 was drilled to 637.1m and was designed to intersect the western edge of the above-mentioned multi-km low magnetism zone.

The hole encountered a thick (~68m) laterite zone of weathered intrusives. Underlying the regolith profile was extensive highly sheared intermediate intrusives to 75m.

This is underlain by variably altered and mineralised fine grained mafic to ultramafic sequences to 422m. At least

3 dyke generations (aphanitic, fine grained and a medium grained dolerite with pyroxene phenocrysts) intrude upon the host rocks. These dyke swarms have zones of additional alteration including silicification, calcite veins and trace sulphide species.

At 422m a sharp change to greenstones followed, with significant silica and epidote overprinting until 569m downhole.

Finally a continuation of the dyke swarm continued till the end of hole (637.1m). This interval showed significant skarn-like alteration from 588-593m surrounded by significant silica alteration and trace sulphides (<0.1%).

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