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

Tempest Minerals Begins Exploration at Mt Magnet: Unlocking New Gold Potential in Western Australia

Tempest Minerals (ASX:TEM) has officially commenced early-stage exploration across its Mt Magnet tenements, situated in one of Western Australia’s most prolific and historically productive gold corridors. This milestone marks a strategic move to build value in an area known for multiple million-ounce gold mines — and aligns with TEM’s broader focus on gold exploration projects in Western Australia.

Located in proximity to processing infrastructure and adjacent to major operating neighbours, the Mt Magnet area presents compelling near-mine potential. The Company is targeting high-priority anomalies using modern geophysical methods — including magnetic and gravity surveys — to identify new zones of interest. These programs form part of a broader effort to bring ASX-listed gold mining opportunities into clearer focus for both investors and the exploration team.

Read the full ASX announcement here:

📄 Range Update – Exploration Work Commences in Mt Magnet (PDF)

Gold Exploration Projects in Western Australia