Yalgoo Update - New Iron Target at Halo Prospect
Summary
Key Points
Recent fieldwork indicates potential for large-scale deposits
Historical rock chip samples up to 62% Fe
Magnetite and haematite potential
Adjacent to Remorse Deposit with potential developmental synergies
Summary
Tempest Minerals Ltd (TEM) is pleased to announce that recent fieldwork at the Yalgoo Project in conjunction with legacy exploration data has identified the presence of a substantial geological iron target nearby to the exciting Remorse magnetite deposit.
Historic rock chip samples identified outcrops with iron grades up to 62% and also indicate the possible presence of both magnetite and possibly haematite mineralisation.
The Halo Target bears many similarities to the Remorse Deposit and will likely be a key part of any future project development.
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