I would be wary of using cast iron for a toolpost, for fear of the tensile loads resulting from tightening the tool clamping screws. Cast iron is strong in compression, but weak in tension.
With the upper part of the casting in tension, the sharp corner of the tool slot acting as a stress raiser, cracking might well result.
Steel would be my choice for a toolpost, for that reason.
If need be, make the toolpost by laminating three pieces of steel, clamped together by internal Allen screws. That will save a lot of milling and swarf!
That was what i did when I made my four way rear toolpost. Three screws for clamping, with the fourth location for a dowel to locate the post in one of the four reamed holes in the base.
Since your post will be three sided, use two screws, and use the “spare” location for a locating dowel.
Howard