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Narryer Metals Limited ( (AU:NYM) ) has issued an announcement.
PTR Minerals has reported positive initial metallurgical results from a 1‑tonne bulk sample at its Rosewood Titanium Project, with conventional wet separation recovering 91.3% of heavy minerals into a 90.8% heavy mineral concentrate. Subsequent mineral separation produced several high-grade titanium product streams grading up to 84.2% TiO₂, indicating that simple, established processing routes can generate high-quality titanium products with low impurities.
A second, larger 3‑tonne composite sample from Rosewood East is now being processed to refine recoveries and product quality, while new drilling assays confirm a consistent, shallow blanket of high‑grade heavy mineralisation in the northern area. Management says the strong metallurgical and drilling results keep the company on track to deliver a maiden resource in Q2 2026, which is expected to underpin the scale and quality of the Rosewood Titanium Project and enhance PTR’s development prospects in the titanium sector.
The most recent analyst rating on (AU:NYM) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Narryer Metals Limited stock, see the AU:NYM Stock Forecast page.
More about Narryer Metals Limited
PTR Minerals Ltd, listed on the ASX as PTR, is a mineral exploration and development company focused on heavy mineral sands and titanium-bearing deposits. The company’s flagship Rosewood Titanium Project in South Australia targets high-grade heavy mineral mineralisation amenable to conventional processing, positioning PTR within the growing titanium feedstock and mineral sands market.
Average Trading Volume: 214,132
Technical Sentiment Signal: Sell
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