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Tempest Minerals Unveils 63.5 Mt Inferred Magnetite Resource at Yalgoo’s Remorse Deposit
3:43am on Monday 2nd of June, 2025 AEST
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Mining
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Tempest Minerals Unveils 63.5 Mt Inferred Magnetite Resource at Yalgoo’s Remorse Deposit
3:43am on Monday 2nd of June, 2025 AEST
Key Points
Inaugural JORC 2012 inferred resource of 63.5 Mt @ 30.6% Fe
Resource based on limited drilling with significant growth potential
Potential for low-cost, open-pit mining supported by existing infrastructure
MOU signed with GreenSteel and Iron Pty Ltd for processing collaboration
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