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Narryer Metals Limited ( (AU:NYM) ) has provided an announcement.
PTR Minerals has completed its maiden resource drilling program at the Rosewood project in South Australia, drilling 446 air core holes over 9,388 metres across an area of about 40 square kilometres, including both the wholly owned Rosewood East and the joint-venture Rosewood West tenements. Early assay results from the first 17 holes show consistent, thick intervals of high-grade heavy mineral, including multiple intercepts above 10% heavy mineral content, and the company has begun assaying and resource modelling with a maiden JORC Mineral Resource, potentially up to Indicated status at Rosewood East, targeted for release in the second quarter of 2026, underpinning the project’s potential to deliver significant high-grade tonnages and strengthening PTR’s position in titanium-rich mineral sands development.
More about Narryer Metals Limited
PTR Minerals Limited is an Australian exploration company listed on the ASX that is focused on developing heavy mineral sands projects, including titanium-bearing deposits. Its Rosewood project comprises the Rosewood East area, which PTR owns outright, and Rosewood West, held in joint venture with Narryer Metals, positioning the company within the titanium and heavy mineral sector supplying feedstock for industrial and advanced material markets.
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