PTR Minerals Extends High-Grade Titanium Footprint at Rosewood and Bolsters Funding

An announcement from Petratherm Ltd ( (AU:PTR) ) is now available.

PTR Minerals reported a strong December quarter marked by substantial exploration success at its Rosewood Titanium Project, where step-out and resource drilling have extended titanium-rich heavy mineralisation to more than 40 square kilometres, defined two extensive high-grade zones totaling 22 square kilometres, and delivered some of the project’s best intercepts to date. Metallurgical testwork produced high-quality heavy mineral concentrate grading 91–98% with strong recoveries using conventional gravity methods, while additional drilling at the nearby Echo, Duke and Nardoo prospects intersected thick, high-grade mineralisation that remains open along strike, underscoring the broader growth potential of the Muckanippie Project; alongside a rebrand to PTR Minerals and a $12 million capital raise that lifted cash to $16.7 million, the company is now funded to accelerate Rosewood’s advancement and strengthen its position in the emerging titanium sector.

The most recent analyst rating on (AU:PTR) stock is a Hold with a A$0.27 price target. To see the full list of analyst forecasts on Petratherm Ltd stock, see the AU:PTR Stock Forecast page.

More about Petratherm Ltd

PTR Minerals Ltd (ASX: PTR) is an Australian exploration and development company focused on titanium-rich heavy mineral sands in the northern Gawler Craton of South Australia, with its flagship Rosewood Titanium Project forming the core of its Muckanippie Project portfolio. The company is positioning itself within the critical minerals and titanium feedstock supply chain by advancing near-surface, high-grade heavy mineral deposits and associated processing pathways to produce high-quality titanium products.

Average Trading Volume: 518,157

Technical Sentiment Signal: Buy

Current Market Cap: A$110.2M

For an in-depth examination of PTR stock, go to TipRanks’ Overview page.