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Tempest Minerals Unveils 63.5Mt Iron Resource at Remorse, Eyes Rapid Development
12:16pm on Thursday 31st of July, 2025 AEST
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Tempest Minerals Unveils 63.5Mt Iron Resource at Remorse, Eyes Rapid Development
12:16pm on Thursday 31st of July, 2025 AEST
Key Points
Inaugural JORC 2012 inferred resource estimate of 63.5Mt at 30.6% Fe at Remorse
Metallurgical testing shows Davis Tube Recoveries up to 70% Fe with low contaminants
Large coherent gold anomaly confirmed at Sanity Target with soil results up to 294ppb
Completed $0.4M private placement and $1.469M entitlement offer with strong shareholder support
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