The estimate comprises 63.5 million tonnes at 30.6% iron (Fe), marking a pivotal step in the company’s transition from exploration to development. This development underscores Tempest Minerals’ commitment to advancing its mineral exploration projects in Western Australia, offering new opportunities for investors interested in ASX-listed mineral exploration companies. The Remorse Deposit’s resource estimate not only enhances Tempest Minerals’ portfolio but also positions the company favorably among Perth-based ASX mineral exploration companies.With the Yalgoo Project’s proximity to existing infrastructure and ongoing metallurgical studies, the potential for rapid development into a low-cost, open-pit operation is promising.
New Zealand Acquisition pending completion of due diligence, Finalisation and execution of formal transaction documentation and Progression of regulatory requirements
