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An announcement from Petratherm Ltd ( (AU:PTR) ) is now available.
Petratherm Ltd has announced significant progress in its Rosewood Project with the results of heavy mineral sizing analysis. The analysis confirms that 90% of the heavy mineral concentrate is coarse-grained, making it highly suitable for conventional gravity spiral processing techniques. This advancement supports the project’s potential for high-grade mineral recovery and positions the company to continue its exploration and metallurgical studies. The ongoing work, including further drilling and mineral separation studies, aims to expand the mineralized area and optimize processing, indicating promising prospects for stakeholders.
More about Petratherm Ltd
Petratherm Ltd is an exploration company focused on the development of mineral resources, particularly heavy minerals and titanium minerals. The company operates projects in South Australia, with a notable focus on the Rosewood Prospect within the Northern Gawler Craton.
YTD Price Performance: -6.67%
Average Trading Volume: 2,117,257
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$86.74M
Find detailed analytics on PTR stock on TipRanks’ Stock Analysis page.