Your Own Liberty - Investing and Stock News
  • Investing
  • Stock
  • Latest News
  • Editor’s Pick
  • Economy
  • Investing
  • Stock
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
Your Own Liberty - Investing and Stock News
No Result
View All Result
Home Economy

TEM | Yalgoo Update – Remorse Sampling Indicates Further Prospectivity

by
August 22, 2024
in Economy
0
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
Previous Post

Kamala Harris had her national debut at the 2012 DNC. Here’s what she said.

Next Post

Target CEO addresses price gouging accusations in retail

Next Post
Target CEO addresses price gouging accusations in retail

Target CEO addresses price gouging accusations in retail

Enter Your Information Below To Receive Trading Ideas and Latest News

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Popular News

    YouTube will stream NFL Week 1 game in Brazil for free

    YouTube will stream NFL Week 1 game in Brazil for free

    May 21, 2025
    Senate unanimously approves $25,000 tax break for tipped workers

    Senate unanimously approves $25,000 tax break for tipped workers

    May 21, 2025
    Ukrainian ex-politician shot dead outside Madrid’s American school, police source says

    Ukrainian ex-politician shot dead outside Madrid’s American school, police source says

    May 21, 2025

    About Proud For Profits

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Main Categories

    • Investing
    • Stock
    • Latest News
    • Editor’s Pick
    • Economy

    Latest News

    • YouTube will stream NFL Week 1 game in Brazil for free
    • Senate unanimously approves $25,000 tax break for tipped workers
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 yourownliberty.com | All Rights Reserved

    No Result
    View All Result
    • Investing
    • Stock
    • Latest News
    • Editor’s Pick
    • Economy

    Copyright © 2025 yourownliberty.com | All Rights Reserved