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An announcement from Tempest Minerals Limited ( (AU:TEM) ) is now available.
Tempest Minerals Ltd has announced a significant new high-grade magnetite exploration target at the Remorse Prospect within its Yalgoo Project in Western Australia. This development follows recent drilling that revealed thick, high-grade magnetite-hosted iron over several kilometers. The exploration target is strategically located near world-class processing infrastructure, making it a promising addition to Tempest’s portfolio, although further exploration is required to confirm the mineral resource.
More about Tempest Minerals Limited
Tempest Minerals Limited operates within the mining industry, focusing on the exploration and development of mineral resources. The company’s primary products include iron ore and other base metals, with a strong emphasis on projects in Western Australia, particularly the Yalgoo Project.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €1.73M
Find detailed analytics on TEM stock on TipRanks’ Stock Analysis page.
