Tempest Minerals Ltd. updated the market on the progression of continued drilling at the Meleya Project. Drilling is currently focussed on the Clover target. A diamond hole (637.1m) WARDH75 has now been completed with thick sequences of highly altered mafic geology and minor sulphides observed throughout the hole.

A parallel RC program of up to 4,000m has commenced testing the multi kilometre thickness and structures present within a possibly demagnetised zone. This program is anticipated to then transition into a regional aircore and RC program of up to 13,000m designed to penetrate zones of cover and laterite weathering across the newly identified belt. Clover Target: The Clover Target is a magnetic low stratigraphic sequence 2.5km to the south east of the Orion target.

TEM consider this to likely represent a previously unrecognised geological sequence within the mineralised Meleya Belt or potentially a strongly altered and `demagnetised' zone such is typical of greenstone hosted hydrothermal gold mineralisation in Western Australia. WARDH75: WARDH75 was drilled to 637.1m and was designed to intersect the western edge of the above-mentioned multi-km low magnetism zone. The hole encountered a thick (~68m) laterite zone of weathered intrusives.

Underlying the regolith profile was extensive highly sheared intermediate intrusives to 75m. This is underlain by variably altered and mineralised fine grained mafic to ultramafic sequences to 422m. At least 3 dyke generations (aphanitic, fine grained and a medium grained dolerite with pyroxene phenocrysts) intrude upon the host rocks.

These dyke swarms have zones of additional alteration including silicification, calcite veins and trace sulphide species. At 422m a sharp change to greenstones followed, with significant silica and epidote overprinting until 569m downhole. Finally a continuation of the dyke swarm continued till the end of hole (637.1m).

This interval showed significant skarn-like alteration from 588-593m surrounded by significant silica alteration and trace sulphides (<0.1%). Clover RC Program: In conjunction with WARDH75, an RC program has now commenced to test the lateral thickness and several geological structures and geochemical anomalies at the Clover target. 22 collars have been designed to a nominal 200m depth, This will ensure that a continuous transect of the geology is revealed.

Key structures to test are the extension of the Orion alteration zone, Clover felsic zone (mag low), granite contacts and a demagnetised North east trending fault within Big Bell Monzonite. Meleya Exploration Progress Update: In the wake of the Orion mineralisation drilling earlier in 2022, TEM has been actively exploring at the Company's 100% Meleya Project where there are dozens of drill ready geological targets. Orion target: 2 x diamond drillholes (1,730m); DHEM survey complete.

Ktulu: Large scale geochemical sampling program commenced. Master target: initial 1 hole reconnaissance drilling program completed at the Master Target. Clover target: First drillhole WARDH75 complete (637.1m diamond); 4000m RC program commenced.

Next Steps: Complete Clover RC program Commence Regional AC program; Ongoing data acquisition and assessment; and Ongoing fieldwork including soil sampling.