New Zealand Acquisition pending completion of due diligence, Finalisation and execution of formal transaction documentation and Progression of regulatory requirements

A Golden Opportunity Forged in Iron: Tempest Minerals’ Investor Update Showcases Scale, Strategy, and Sustainable Momentum

Tempest Minerals (ASX:TEM) has released a compelling investor presentation outlining its multi-commodity growth strategy across gold, base metals, and iron ore, with a sharp focus on unlocking near-term value at the Yalgoo Project in Western Australia. Presented during a June 3 webinar, the update highlights the company’s high-impact drilling pipeline, greensteel partnership, and newly defined JORC-compliant iron resource at Remorse—all supporting a bold, future-focused exploration model.

Key Highlights from the Investor Deck:

  • Entitlement Offer to raise $1.47M to fund iron and gold exploration

  • Major discovery at Remorse Magnetite Deposit:
    ▪ 63.5 Mt @ 30.6% Fe Inferred Resource
    ▪ Exploration target of 110 Mt @ 32% Fe
    ▪ DTR testwork up to 69% Fe concentrate with low impurities
  • Strategic MOU with Greensteel to support low-emission domestic iron processing by 2028
  • Exciting gold targets at Mt Magnet, Sanity, WarWest, and Messenger with historical grades up to 7g/t Au
  • Infrastructure advantage: proximity to road, rail, power and port infrastructure across the Yalgoo region

The presentation also covers:

    • The latest metallurgical testwork on Remorse ore

    • A visual walkthrough of exploration zones including Euro, Elephant, and Five Wheels

    • The path forward, with upcoming drilling, JV updates, and major events like Diggers & Dealers and IMARC

Watch MD Don Smith’s full investor webinar for a deep dive into the strategy and momentum behind these milestones:

Download the full investor presentation PDF

 

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