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Tempest Minerals Expands Potential at Yalgoo with Promising Drill Results in Latest Quarter

Highlights

  • Tempest Minerals reported significant, high-grade base metals and high-grade magnetite intercepts at the Remorse Target within the Yalgoo project.
  • Initial drilling identified highly anomalous copper zones and substantial magnetite zones with iron grades reaching up to 39% Fe.
  • TEM plans to conduct metallurgical test work, further drilling, and economic & infrastructure studies starting Q1 2025.

Tempest Minerals Limited (ASX:TEM) achieved notable exploration milestones during the December 2024 quarter, particularly at its Yalgoo project in Western Australia. The company made significant advancements at the Remorse Target, where it intercepted significant base metals and iron ore mineralisation.

TEM also advanced exploration at other key targets, including Sanity and Wrangler.

During the quarter, TEM completed its first round of exploration drilling at the Remorse Target to investigate the base metal geochemical zone.

The initial phase of drilling identified several highly anomalous copper zones. Additionally, early drill holes encountered substantial magnetite zones, with results indicating high-grade iron content, reaching up to 39% Fe.

Significant results include-

  • WARDH00160: 32m @ 30.0% Fe from 96m (including 7m @ 37% Fe)
  • WARDH00180: 17m @ 34.4% Fe from 134m
  • WARDH00166: 7m @ 32.8% Fe from 96m
  • WARDH00171: 8m @ 30.5% Fe from 130m

Several drill hole assays are still pending, and preliminary portable X-ray fluorescence (pXRF) data suggests the potential presence of similar thicknesses and grades.

Read more in this Kalkine article.
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