Tempest Minerals Ltd (ASX:TEM) (FRA:LIF) shares are trading about 13% higher intra-day after commencing drilling at the Messenger Project, part of the company’s extensive landholding within the Yalgoo greenstone belt in WA.
The program will include 2500 metres of reverse circulation (RC) drilling at both the existing Dally high grade lode hosted gold target and the Wally VMS (volcanogenic massive sulphide) target.
The Messenger Project is 8 kilometres north of the prolific Golden Grove Copper-Zinc-Gold Mine and adjacent to the historical Messengers Patch.
It is in a well-known historical mining area that had numerous high-grade mines and a state battery in the early 1900s.
The area is undergoing an explosion in exploration including multiple discoveries and major intersections announced by Emu NL (ASX:EMU) at their Gnows Nest and Monte Christo prospects including 3 metres at 42 g/t including 1-metre at 89.5 g/t from 78 metres.
Historical drilling of up to 451 g/t gold
Tempest recently increased its landholding at Messenger with a new extension that covers the historical high-grade Messengers Patch gold production area.
The new ground captures an area of historical high-grade gold production and nearby historical drilling of up to 451 g/t gold.