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Petratherm Ltd ( (AU:PTR) ) has issued an update.
PTR Minerals has reported another set of strong heavy mineral assay results from 47 air core drill holes at its Rosewood Titanium Project in South Australia, confirming thick, high-grade mineralisation across the Rosewood East area and reinforcing the project’s scale and continuity. The company remains on track to deliver a maiden JORC Mineral Resource Estimate in the June quarter of 2026, with management aiming for an Indicated resource and highlighting the potential for significant high-grade tonnage. Metallurgical test work has so far produced high-quality heavy mineral concentrates grading 91–98% heavy minerals with recoveries of 86–95% using conventional gravity processing, while ongoing mineral separation studies indicate the ability to generate multiple high-grade titanium products with low impurities. PTR has engaged Mineral Technologies to optimise processing flowsheets, design plant and infrastructure options, assess mineral separation plant locations including near Whyalla Port, and develop preliminary capital and operating cost estimates, while parallel environmental baseline, infrastructure and stakeholder studies advance the project toward potential development, underscoring Rosewood’s emerging significance in the titanium supply chain.
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 mineral exploration company focused on developing heavy mineral and titanium projects, with its flagship Rosewood Titanium Project located in the northern Gawler Craton of South Australia. The company is targeting high-quality heavy mineral concentrates and downstream titanium products, positioning itself to supply premium titanium feedstocks through conventional processing routes and potential mineral separation facilities near existing port infrastructure such as Whyalla.
Average Trading Volume: 377,358
Technical Sentiment Signal: Buy
Current Market Cap: A$108.3M
Find detailed analytics on PTR stock on TipRanks’ Stock Analysis page.