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Petratherm Advances Rosewood Titanium Project with Strategic Leadership and Increased Stake

Story Highlights
  • Petratherm Limited is progressing its Muckanippie Project, focusing on the Rosewood Titanium Prospect.
  • The company has appointed Victor Araujo to lead development and increased its stake in EL 6715 to 70%.
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Petratherm Advances Rosewood Titanium Project with Strategic Leadership and Increased Stake

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Narryer Metals Limited ( (AU:NYM) ) has provided an announcement.

Petratherm Limited, operating in the mineral sands sector, is advancing its Muckanippie Project in South Australia, which includes the promising Rosewood Titanium Prospect. The company has appointed Victor Araujo, a seasoned professional in mineral sands, as Head of Project Development to spearhead technical studies. Petratherm has increased its stake to 70% in EL 6715 under a farm-in agreement with Narryer Metals, forming a joint venture to manage the site. The Rosewood Project is showing potential as a world-class titanium discovery, with ongoing exploration and drilling revealing high-grade, titanium-rich mineralization.

More about Narryer Metals Limited

Average Trading Volume: 271,115

Technical Sentiment Signal: Sell

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