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Highlights
Tempest Minerals (TEM) reports maiden inferred resource at Remorse magnetite iron deposit
The Yalgoo project in Western Australia expands focus on iron ore development
Strategic collaboration formed with GreenSteel and Iron through a formal MOU
The mining sector on the ASX All Ordinaries Index includes a broad range of exploration and development companies working across diverse commodities. Within the iron ore segment, Western Australia remains a focal point due to its extensive deposits and established infrastructure. Tempest Minerals Ltd (ASX:TEM) operates within this context, advancing activities at the Yalgoo project, specifically targeting the Remorse magnetite deposit.
Maiden Resource Estimate at Remorse Deposit
Tempest Minerals (ASX:TEM) has released a maiden inferred resource estimate for the Remorse magnetite deposit, located within the Yalgoo project area. The estimate was developed from limited drilling conducted at the site, with geological data supporting the presence of iron mineralisation across the deposit zone.
The identification of this resource follows early-stage exploration, marking a key event in Tempest’s operational timeline at Yalgoo. The magnetite iron formation presents a geological structure suited to ongoing technical study and possible development pathways.
Project Development and Scientific Assessment
Tempest Minerals is undertaking additional metallurgical and scientific studies in support of the Remorse deposit. These studies aim to characterise the mineral composition and assess processing methods compatible with the identified material. The work forms part of a broader initiative to understand the resource in greater detail and inform potential operational strategies.
The Remorse deposit serves as a foundational element in Tempest’s Yalgoo project, with exploration efforts continuing across the broader area. This includes further drilling to refine geological models and assess mineral distribution beyond the initial discovery zone.
Collaboration with GreenSteel and Iron
As part of its forward initiatives, Tempest Minerals has signed a Memorandum of Understanding (MOU) with GreenSteel and Iron. The MOU focuses on evaluating potential processing solutions aligned with magnetite-based iron production.
Such collaborations enable alignment between exploration outcomes and processing capabilities, providing pathways for future development. The partnership reinforces an interest in leveraging industry relationships to explore technology-driven processing options.
Market Profile and Sector Presence
Tempest Minerals (ASX:TEM) maintains visibility within the mining sector through its active engagement in Western Australian exploration. The release of the maiden inferred resource at Remorse contributes to the company’s profile and reflects continued engagement in project advancement.
Activities at Yalgoo remain a point of interest within the sector, with ongoing exploration and assessment expected to contribute to broader project understanding over time.
