3m at 3.2g/t Au Highlights Range Project Potential for Tempest Minerals
Tempest Minerals reports encouraging early gold assay results from its inaugural drilling at the Range Gold Project, extending mineralisation from surface near a major planned mill expansion.
- Initial RC drilling returns up to 3m at 3.2g/t gold
- Gold mineralisation extends from surface to depth
- Project located within 10km of Ramelius Resources’ mill expansion
- 19 holes drilled with 4 assay results received so far
- Further assays and phase 2 drilling planned
Early Drilling Success at Range Gold Project
Tempest Minerals Ltd (ASX, TEM) has announced the first assay results from its maiden Reverse Circulation (RC) drilling program at the Range Gold Project, situated near Mt Magnet in Western Australia's prolific Murchison region. The initial batch of results reveals encouraging gold grades, including a standout intercept of 3 metres at 3.2 grams per tonne (g/t) gold from 58 metres depth, with a high-grade 1 metre section grading 5.9 g/t.
Geological Context and Mineralisation Style
The Range Project covers 20 kilometres of highly prospective ground within the Mt Magnet greenstone belt, a renowned multi-million-ounce gold province. Geological observations indicate that gold mineralisation is hosted within felsic porphyry intrusions altered by silica, sericite, and pyrite. This style closely resembles nearby deposits such as Eridanus and Stellar, suggesting potential for both broad low-grade zones and higher-grade shoots.
Strategic Location Near Major Mill Expansion
Importantly, the drilling results come from an area less than 10 kilometres from Ramelius Resources’ planned major processing circuit expansion at Mt Magnet. This proximity could offer synergies for future development, potentially reducing capital expenditure and accelerating project timelines if mineralisation proves economic.
Drilling Program and Next Steps
The recent drilling campaign comprised 19 holes totaling 1,500 metres, targeting multiple prospects along a 7-kilometre strike length. To date, assay results from four holes have been received, confirming gold mineralisation extending from surface to depth. The company is awaiting further assay results and plans to undertake geological interpretation and targeting to refine drill plans. A potential phase 2 drilling program is anticipated to test extensions and new targets.
Outlook for Tempest Minerals
With early results validating the geological model and confirming mineralisation continuity, Tempest Minerals is well positioned to advance the Range Project. The combination of promising grades, geological analogues to established deposits, and proximity to existing infrastructure underscores the project's potential to contribute significant value. Investors will be watching closely as further data emerges and follow-up drilling progresses.
Bottom Line?
Tempest’s initial drilling success at Range sets the stage for a pivotal exploration phase with potential regional impact.
Questions in the middle?
- How will pending assay results from the remaining 15 drill holes influence the overall resource potential?
- What are the timelines and scale for the planned phase 2 drilling program?
- Could proximity to Ramelius Resources’ mill expansion translate into a strategic partnership or toll treatment opportunity?