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The company is progressing drill approvals and planning at several targets within the Euro Project. Tempest has mapped outcropping iron formations at the Euro Project.
Tempest Minerals Ltd’s (ASX:TEM) (FRA:LIF) geologists have mapped outcrops of substantial iron-rich geological units during the recent reconnaissance fieldwork at the Euro Project in the Yalgoo Region of Western Australia.
This iron-rich stratigraphy, which has been mapped over multiple kilometres of strike length, may represent horizons highly prospective for both gold and iron ore and are typical of other major deposits and operations in the region.
These other nearby operations include Karara, with around 2 billion tonnes of iron ore, Sino Iron with around 4 billion tonnes of iron ore, and the Mt Gibson and Rothsay gold mines, each having around 1 million ounces.