Tempest Minerals to Acquire New Zealand Gold Exploration Portfolio
Tempest Minerals Ltd (ASX: TEM) has signed a binding agreement to acquire Zealandia Resources Pty Ltd, securing a portfolio of four advanced gold exploration projects covering approximately 145 square kilometres in New Zealand’s North Island. The assets are located within the Taupo Volcanic Zone and the Hauraki Goldfields; two well-known regions associated with epithermal gold systems and historic production exceeding 15 million ounces of gold.
The acquisition will be completed through an all-scrip transaction valued at approximately AU$2 million, with additional performance-based milestones possible. The projects contain extensive historical exploration datasets, including geophysics, geochemical sampling, and past drilling, which have helped define several drill-ready targets across the project areas.
Tempest believes the acquisition strengthens its exposure to epithermal gold systems and provides multiple exploration opportunities within established mineral provinces.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Tempest Minerals to Acquire New Zealand Gold Exploration Portfolio
Tempest Minerals Ltd (ASX: TEM) has signed a binding agreement to acquire Zealandia Resources Pty Ltd, securing a portfolio of four advanced gold exploration projects covering approximately 145 square kilometres in New Zealand’s North Island. The assets are located within the Taupo Volcanic Zone and the Hauraki Goldfields; two well-known regions associated with epithermal gold systems and historic production exceeding 15 million ounces of gold.
The acquisition will be completed through an all-scrip transaction valued at approximately AU$2 million, with additional performance-based milestones possible. The projects contain extensive historical exploration datasets, including geophysics, geochemical sampling, and past drilling, which have helped define several drill-ready targets across the project areas.
Tempest believes the acquisition strengthens its exposure to epithermal gold systems and provides multiple exploration opportunities within established mineral provinces.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au