Tempest Minerals Ltd (ASX:TEM) has acquired the Five Wheels base metal project, comprising Exploration licence 69/3884 and 266 sq. km of granted tenure in the Earaheedy region of Western Australia.
Notably, the licence is proximal to the high-profile world-class Rumble Resources Ltd discoveries.
Five Wheels remains largely under-explored (or unexplored for base metals) and shares similar geology to both the nearby Rumble Resources Chinook deposit and the emerging Strickland Metals Ltd zinc-lead-copper discoveries.
The Five Wheels Project is located ~146 km north of Wiluna in the Western Australian Warburton Mineral field within the Nabberu Region.
The project is located on prospective ground laying on the northern edge of the Earaheedy Basin. The Earaheedy Basin has been explored for multiple commodities for over a 100 years due to its relative proximity to mining towns such as Wiluna. This region has been reinvigorated in the 2020s since Rumble Resources Earaheedy Project (RTR announced a major discovery on 19 April 2021,
This was recently followed up on 19 April 2023 with a globally significant, pit-constrained, maiden inferred Mineral Resource Estimate (MRE) of 94Mt @ 3.1% Zn + Pb and 4.2g/t Ag (at a 2% Zn + Pb cutoff)] .
Neighbouring Strickland Resources Ltd’s Iroquois Project also has announced similar styled mineralisation in 2023. The Five Wheels Project is approximately 36 km north of these major developments.
