Tempest Minerals Ltd (ASX:TEM) managing director Don Smith speaks with Proactive's Stephen Gunnion about the company’s latest updates at Resourcing Tomorrow 2024.
Smith highlighted the company’s progress, particularly drilling results from the Remorse target, part of the company’s flagship Yalgoo Project in Western Australia. Initially explored for base metals, the site revealed an economic iron ore deposit of approximately 100 million tonnes at 32% iron. This discovery marks a significant milestone for Tempest Minerals.
Smith explained the next steps involve further drilling and advancing studies, including metallurgy and approvals, to upgrade the deposit to a resource classification. He also discussed ongoing fieldwork at other projects, such as the Five Wheels base metal exploration. Sustainability remains central to Tempest’s exploration activities.
Smith pointed to upcoming drilling, resource announcements, and exploration updates as key milestones for investors.