Tempest Minerals Announces Significant Iron Resource

Tempest Minerals Announces Significant Iron Resource

Tempest Minerals (ASX:TEM) has announced its maiden inferred resource estimate for the Remorse magnetite iron deposit, situated within the Yalgoo Project in Western Australia. The JORC 2012-compliant resource is estimated at 63.5 million tonnes with an iron content of 30.6%. This classification as inferred reflects the limited number of drillholes that have intersected the key economic magnetite iron-bearing geological layers. Tempest anticipate…

Tempest releases inaugural resource estimate for Remorse magnetite play

Tempest Minerals Ltd (ASX:TEM) has released a maiden inferred resource estimate for the Remorse magnetite iron deposit, which is part of the wider Yalgoo project in Western Australia. With the publication of this estimate – which comes in at 63.5 million tonnes at a grade of 30.6% iron (Fe) – Tempest is expecting to move into the development phase of work with Remorse, although exploration drilling will also continue. The resource estimate itsel…