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Petratherm Advances Rosewood Titanium Project with Successful Phase 2 Drilling

Story Highlights
  • Petratherm completed Phase 2 drilling at Rosewood, expanding heavy mineral exploration.
  • The company collected a 1-tonne sample for testwork, enhancing its titanium project stake.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Confident Investing Starts Here:

An announcement from Narryer Metals Limited ( (AU:NYM) ) is now available.

Petratherm Limited, operating within the mining industry, has successfully completed the Phase 2 drilling program at the Rosewood Titanium Discovery and other prospects within the Muckanippie Project in South Australia. The program involved 128 air-core holes over 4,486 meters, aiming to extend the known heavy mineral mineralization. A significant milestone includes the collection of a 1-tonne bulk sample for metallurgical testwork, which will inform mineral recovery processes. The company has also expanded its interest in the project to 70% under the Narryer Metals Farm-in Agreement. This development positions Petratherm favorably within the titanium mining sector, potentially enhancing its market standing and stakeholder value.

More about Narryer Metals Limited

YTD Price Performance: -26.00%

Average Trading Volume: 514,919

Technical Sentiment Signal: Buy

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