New Zealand Acquisition pending completion of due diligence, Finalisation and execution of formal transaction documentation and Progression of regulatory requirements

TEM increasing Yalgoo region landholding to more than 1,000 square kilometres with five new tenements

Tempest Minerals Ltd (ASX:TEM) is boosting its landholding in the Yalgoo region of Western Australia, moving to secure 195 square kilometres of tenure through three exploration licence applications, one prospecting licence application and one granted exploration licence.

The new tenements – which TEM considers highly prospective – adjoin existing projects in the area, extending three exploration fronts, Messenger, Euro and Meleya, and expanding the company’s holding to more than 1,000 square kilometres.

Granting of all four pending licences would place Tempest as the dominant regional explorer, holding some 25% of tenements in the area.

Read the full Proactive article here

Land Holding Expansion