Top Price Market
  • Business
  • Politics
  • Investing
  • World
  • Business
  • Politics
  • Investing
  • World

Top Price Market

Investing

TEM | Yalgoo Update – Remorse Sampling Indicates Further Prospectivity

by August 22, 2024
August 22, 2024
TEM | Yalgoo Update – Remorse Sampling Indicates Further Prospectivity

Tempest Minerals Ltd (TEM) is pleased to provide information on the Remorse Target. Recently completed soil sampling in the south of the main Remorse Target has yielded comparable copper and zinc to previous work and further cementing the ~ 5km x 1.5km coherent anomaly. Analyses utilising spectral mineralogical show the likely presence of a significant hydrothermal system to a degree much further than identified in geochemistry or fieldwork. This is an exciting improvement to the prospectivity of the target with a 5,000m RC drilling program imminent. Earthworks for drilling are nearing completion and drilling will commence upon arrival of the contracted drill rig.

Key Points

Expanded copper and zinc footprint from recent surface samplingCopper minerals and alteration identified in mineralogical studies increasing prospectivityEarthworks nearing completion and drilling to commence shortly thereafter

Yalgoo Project

Background

TEM holds more than 1,000km2 1 of highly prospective tenure in the Yalgoo Region of Western Australia 2. TEM previously announced the presence of large-scale copper zinc anomalies at the Remorse Target based on geology, geochemistry and geophysics that it is progressing towards drilling 3, 4, 5 and that sampling of a previously incomplete block was recently completed.

Existing Prospectivity

TEM has for some time considered the Remorse Target to be a compelling exploration target due to a number of geological factors.

Previous geochemistry

The initial recognition of the Remorse Target was due to the observation of an anomaly in previously conducted wide-spaced regional surface geochemical sampling. The 4.5km anomaly exhibits high-grade (up to 635 ppm copper) samples 6 and has a remarkably coherent layering of elements (zinc, copper, nickel and rare earths) 7.

Geology

The primary mineralisation style being considered at the Remorse Target is Volcanogenic Massive Sulphides (VMS) with a typical geological environment being deep-sea sedimentary stratigraphy with intermingled mafic and felsic volcanics. The stratigraphy often exhibits iron enrichment in the form of banded iron formations and cherts. The presence of magnetite and significant banded iron geology at the Remorse Target is commonly spatially associated with VMS systems in general 8 and also a defining characteristic of the nearby Golden Grove copper-zinc deposit 9.

The Remorse Target features large-scale structures that offset the geology at surface and may serve as feeder systems, contributing to the potential mineralisation of the area. These potential feeder structures are significant as they are integral to the formation of many mineralised VMS systems 10.

Click here for the full ASX Release

This post appeared first on investingnews.com
0
FacebookTwitterGoogle +Pinterest
previous post
Kamala Harris to accept presidential nomination on final night of DNC
next post
Deadly floods impact hundreds of thousands in Bangladesh and northeast India

You may also like

Additional Targets Identified from Gravity Geophysics at Wagyu...

5 Top Weekly TSXV Stocks: TAG Oil Surges...

Chris Temple: Gold’s Next Leg Higher, Plus Uranium...

5 Top Weekly TSXV Stocks: Rackla Metals Soars...

Global Uranium and Forum Energy Metals Commence Exploration...

Getchell Gold Corp. Announces Warrant Extension and Debt...

​Tech 5: S&P, Nasdaq Set New Records, Elon...

Red Metal Resources Closes First Tranche of Financing

What is Coltan? 5 Facts to Know About...

Ramp Metals Announces $4.5M Non-Brokered Private Placement Led...

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • Metals and Mining Virtual Investor Conference: Presentations Now Available for Online Viewing

    • Vance says India-Pakistan conflict ‘none of our business’ as Trump offers US help

    • Trump pushes tax hikes for wealthy as ‘big, beautiful bill’ deadline looms

    • US and other allies of Ukraine pile pressure on Putin, threatening fresh sanctions if he refuses 30-day truce

    • OpenAI’s Sam Altman thanks Sen John Fetterman for ‘normalizing hoodies’

    Categories

    • Business (1,632)
    • Investing (4,782)
    • Politics (7,552)
    • Uncategorized (2)
    • World (6,137)
    • About us
    • Contacts
    • Privacy Policy
    • Terms & Conditions
    • Email Whitelisting

    Disclaimer: toppricemarket.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 toppricemarket.com | All Rights Reserved


    Back To Top