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Narryer Metals Limited ( (AU:NYM) ) has issued an announcement.
Narryer Metals Limited has initiated the next phase of exploration and metallurgical studies at its Rocky Gully project, following positive drilling results in late 2024. The company is expanding its exploration efforts beyond the Ivar Prospect, targeting new areas with promising geophysical signatures and participating in a study by the Mineral Research Institute of Western Australia to develop sustainable extraction methods for REE, scandium, and gallium. These initiatives could potentially enhance Narryer’s position in the REE market and bolster its operational capabilities.
More about Narryer Metals Limited
Narryer Metals Limited operates in the mineral exploration industry, primarily focusing on rare earth elements (REE), scandium, and gallium. The company is actively exploring mineral prospects in Western Australia, particularly targeting potential carbonatite mineralization.
YTD Price Performance: 22.00%
Average Trading Volume: 833,032
Technical Sentiment Consensus Rating: Sell
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