Tempest Minerals (ASX:TEM) will be mostly looking to speak to investors of all calibre IMARC in Sydney from 29-31 October but will also check out industry developments, as a “small explorer doing big things”.
Speaking to Mining.com.au ahead of the event, Managing Director Don Smith says “TeamTEM is always looking for avenues to spread the word and what better than Australia’s biggest mining conference”.
“PDAC for comparison is pretty much universally attended by local industry in Canada. I think IMARC is mirroring the format in many ways – and it would be cool to have that kind of mega industry-wide attendance but it isn’t there yet,” Smith tells this news service.
“Tempest has a defined marketing strategy and part of that is keeping various investment community demographics in a number of geographies engaged with at least one visit per year – and IMARC is currently part of that.”
Early drilling at Tempest’s Remorse Project in Western Australia – where the explorer was targeting copper-zinc mineralisation – recently intersected ‘high-grade’ iron.
The results from the first reverse circulation hole drilled in the 5,000m program shows 32m @ 39.34% magnetite-hosted iron. Smith says the promising iron grades intersected represent a significant opportunity for further iron-focused exploration in addition to base and precious metals.
Multiple untested zones exhibiting such magnetite mineralisation apparently exist, each being 7km in strike length. Tempest now plans to re-evaluate the iron potential.
Write to Adam Orlando at Mining.com.au
Images: Tempest
