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Tempest Minerals Limited ( (AU:TEM) ) just unveiled an announcement.
Tempest Minerals Ltd has announced further positive metallurgical results from its Remorse Iron discovery within the Yalgoo Project in Western Australia. The latest Davis Tube Recovery tests have shown iron concentrations of up to 70% in the concentrate, reinforcing the potential for future development of the Remorse deposit as a significant iron ore prospect. This development is part of TEM’s ongoing exploration and resource estimation efforts, which include partnerships to explore processing synergies, positioning the company strategically within the mining sector.
More about Tempest Minerals Limited
Tempest Minerals Ltd (TEM) operates in the mining industry with a focus on exploring and developing mineral resources in Western Australia. The company’s primary products include iron ore, gold, and base metals, with a significant project known as the Yalgoo Project, which encompasses over 1,000 km² and is situated near other high-profile mining operations.
Technical Sentiment Signal: Sell
Current Market Cap: A$3.51M
See more insights into TEM stock on TipRanks’ Stock Analysis page.