Epsilon Energy has entered a trading halt as shares in the Subiaco-based explorer skyrocketed by as much as 411 per cent in trade today, after an exploration target of 1 billion tonnes of iron ore was revealed for its Mardie project in the Pilbara.

Epsilon Energy has entered a trading halt as shares in the Subiaco-based explorer skyrocketed by as much as 411 per cent in trade today, after an exploration target of 1 billion tonnes of iron ore was revealed for its Mardie project in the Pilbara.