Tempest Minerals Ltd (TEM) is pleased to update the market on the Remorse Project. After significant weather related delays, safe access has been established and earthworks at the Remorse Target have commenced. This work includes critical site access and drill pad construction. It is expected that upon the completion of this work that drilling will commence shortly thereafter in late August 2024.
Key Points
- Access and pad construction in progress at Remorse Target
- Drilling to commence as soon as safely possible
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Yalgoo Project
Remorse Target Drilling
TEM have previously announced its plans to conduct a circa 5,000m Reverse Circulation (RC) drilling program at the exciting Copper focussed Remorse Target 1 which is part of the Company’s flagship Yalgoo Project. Works have been significantly delayed due to unforeseen weather and flooding onsite 2 which have prevented safe access. Earthworks have now commenced including site access tracks and drill pad construction. Upon completion of this work, drilling is anticipated to start late August 2024.
Figure 01: Earthworks commencing at the Remorse Target
Next Steps
- Earthworks to be completed
- Drilling expected to commence late August 2024
The Board of the Company has authorised the release of this announcement to the market.
Click here for the full ASX Release
This article includes content from Tempest Minerals Limited, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.
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