Tempest Minerals finds high-grade silver at Euro Project
July 18, 2023 at 09:46 pm IST
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Tempest Minerals Ltd (ASX:TEM) managing director Don Smith tells Proactive that recent mineralogical mapping at the Budapest target within the company’s Euro Project has revealed high-grade silver rock chips, with measurements of up to 63 parts per million (ppm). The presence of silver, along with other alteration minerals, suggests an extension of known mineralisation previously identified at the Calais target.
In addition to the silver discovery, TEM has made changes to the project footprint. The Euro project has been extended to the south, expanding its reach, and the company has terminated joint venture (JV) discussions with Karara Mining Ltd (KML).
The Euro Project is a part of TEM's extensive exploration portfolio in the Yalgoo region of Western Australia, covering more than 300 square kilometres of tenements. It sits between major operations such as Karara (iron), Rothsay (gold/copper) and Mt Mulgine (gold/tungsten).
Since 2020, TEM has been actively exploring the project, leading to the identification of various commodities, including iron, lithium and base metals.
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.
TEMPEST MINERALS LIMITED 
