Tempest Minerals Ltd (ASX:TEM) has uncovered promising geochemical findings from its 100% owned Yalgoo projects.
The peak rock chip values reached up to 7 grams per tonne (gpt) of gold, 0.2% copper, and over 60% iron within broader envelopes of anomalous soil geochemistry featuring peak gold values of up to 80 parts per billion (ppb) and copper concentrations of 1,200 parts per million (ppm).
These results, obtained from surface sampling at the Sanity target, reveal zones of significant anomalism for gold and other metals. The finds pave the way for further exploration and possible drilling in the area.
Extensive regional holdings
The Meleya Project is an extension of the Yalgoo Greenstone belt, which TEM identified through innovative data analysis. This project constitutes a vital part of TEM's extensive Yalgoo regional holdings, covering more than 1,000 square kilometres of exploration ground.
TEM has long regarded the Meleya target zones as ripe for base and precious metal exploration – a belief that gained further validation in 2022 with the discovery of multiple mineralisation occurrences within the same geological context that hosts world-class deposits of gold, base metals and iron ore.
Among the numerous prospective targets within the Yalgoo projects is the Sanity Target (NYSE:TGT). This target stands out as a local distortion in geophysical datasets, observed in recent airborne electromagnetic surveys.
It strongly correlates with a multi-element geochemical anomaly found in collected samples, with gold, zinc, nickel and copper exhibiting strong correlations.
Copper and zinc anomalies, with peak concentrations exceeding 400 ppm and 200 ppm respectively in soils, closely follow the same geochemical dispersion patterns.
Gold, with soil peaks reaching up to 80 ppb, aligns with geophysical features immediately to the south.
Rock chip samples obtained from nearby mine workings within the same geological trends have returned impressive results, including up to 7 gpt gold, 0.2% copper, and more than 60% iron, aligning with regional exploration targets for gold, base metals and iron.
Next steps
TEM is actively assessing these results in the context of regional exploration.
Further sampling and mapping activities are planned at the Sanity and Remorse targets in the fourth quarter of this year. Depending on the outcome of these assessments, TEM is targeting a drilling program in the second quarter of 2024.