- Tempest Minerals (TEM) kicks off another round of drilling at its Meleya project which lies 400 kilometres north of Perth in Western Australia
- An initial 500 metres of diamond drilling will be conducted at the Master Target which sits in the southern part of Meleya
- Multiple samples taken were found to contain up to three per cent sulphur and multiple indicator metals that are considered highly anomalous
- Drilling is expected to wrap up mid September with further drilling programs planned for later in the month
- TEM shares are down 2.56 per cent on the market and are trading at 3.8 cents at 3:34 pm AEST
Tempest Minerals (TEM) has kicked off another round of drilling at its Meleya project which lies 400 kilometres north of Perth in Western Australia.
An initial 500 metres of diamond drilling will be conducted at the Master Target which the company says is a “high priority coincident geophysical and geochemical target”, situated in the southern part of Meleya.
The Master Target, which sits roughly eight kilometres south of the high profile Orion target, was previously identified through magnetics and geochemistry.
It’s defined by a 1.5-kilometre-long northwest-southeast trending magnetic feature and the company believes it represents part of or another previously unidentified segment of the mineralised Eastern Yalgoo Greenstone belt.
Multiple samples taken over several kilometres were found to contain up to three per cent sulphur and multiple indicator metals that are considered highly anomalous.
Tempest says the target was recently re-ranked to high priority after testing and data analysis.
The initial 500 metres of drilling will aim to test the underlying geology and Tempest may undertake follow-up drilling, depending on results.
Drilling at the target is expected to wrap up mid September, with Tempest saying it’s planning to start further drill programs later in the month.
The company says it’s also expecting multiple geophysical results later this month, and results from ongoing fieldwork and surface sampling across the company’s multiple projects are expected in October.
TEM shares were down 2.56 per cent on the market and were trading at 3.8 cents at 3:34 pm AEST.