tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Tempest Minerals Locks In Yalgoo Sale and Reports Strong Gold Results at Range

Story Highlights
  • Tempest Minerals posted strong drilling results at its Range Project, finding multiple gold intervals above 1 gram per tonne over 1.5 kilometres near existing mining infrastructure.
  • The company agreed to sell its greater Yalgoo tenement package to Capricorn Metals for $4.5 million plus milestones, while retaining iron rights and maintaining exposure to future iron ore upside.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Tempest Minerals Locks In Yalgoo Sale and Reports Strong Gold Results at Range

Claim 50% Off TipRanks Premium

Tempest Minerals Limited ( (AU:TEM) ) just unveiled an update.

Tempest Minerals reported a solid December 2025 quarter marked by drilling success at its Range Project and a major monetisation step at its Yalgoo holdings. At Range, the company completed drilling and intersected multiple gold grades above 1 gram per tonne over a 1.5 km strike length adjacent to an existing open pit and near an established processing plant, potentially lowering future development hurdles. In Yalgoo, Tempest entered a binding agreement to sell the broader tenement package to Capricorn Metals for $4.5 million plus contingent milestone payments tied to future discoveries or production, while retaining iron rights over eastern, iron-bearing tenements, effectively crystallising value from exploration success, strengthening its balance sheet, and preserving upside exposure to iron ore development.

The most recent analyst rating on (AU:TEM) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Tempest Minerals Limited stock, see the AU:TEM Stock Forecast page.

More about Tempest Minerals Limited

Tempest Minerals Limited is an Australian mineral exploration company focused on base metals, gold and iron ore, with a significant landholding of approximately 1,000 km² in the Yalgoo region of Western Australia. The company applies data‑driven exploration to identify underexplored but highly prospective geological areas, which has led to discoveries such as the substantial Remorse magnetite deposit in 2024, and it operates projects near existing open pits and processing facilities.

Average Trading Volume: 805,067

Technical Sentiment Signal: Sell

Current Market Cap: A$7.71M

For a thorough assessment of TEM stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1