Ann: Response to ASX Price and Volume Query, page-2

TEM advises that the following may be contributing to strong interest in the Company:

I. Members of the TEM Board have recently returned from marketing activities in North America - including attendance at the Prospectors & Developers Association of Canada (PDAC) convention in Toronto - where strong interest in the TEM story was expressed by many parties.

II. TEM has a number of previously announced planned upcoming activities at the Meleya Project including downhole geophysics, field sampling, drilling and pending assays from WARDH72 and WARDH73. Unfortunately there have been delays experienced industry wide in WA in being able to finalise assays in a timely manner. Presently, TEM believes that assays for key zones should be available within 2 weeks and complete assays of both holes should be available within 8-10 weeks and TEM will update the market as soon as it is able to do so."

III. As advised in previous reporting by TEM including section 6.4 of the TEM Prospectus released on ASX on 21 June 2022 “...Whilst progressing exploration on its existing projects, the Company also continues to investigate other mining and exploration opportunities in the best interests of all shareholders of the Company, with a primary focus on prospective gold and copper projects. Presently the Company is looking at a number of gold mining and exploration projects in Australasia and North America. No assurance can be given that the Company will be successful in acquiring any further mining and exploration interests…..”