PTR Minerals’ Rosewood Drilling Confirms Scale as Maiden Titanium Resource Nears

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

PTR Minerals has reported a new batch of strong heavy mineral assay results from 47 air core drill holes at its Rosewood Titanium Project in South Australia, with multiple thick, high-grade intercepts that reinforce the continuity and scale potential of the mineralised system at Rosewood East. The company remains on track to deliver a maiden JORC Mineral Resource Estimate in the June quarter of 2026 and is targeting an Indicated category resource, while parallel metallurgical work has produced high-quality heavy mineral concentrate with high recoveries using conventional gravity processing and ongoing mineral separation tests are confirming the ability to generate low-impurity, high-grade titanium products; in addition, PTR is advancing processing optimisation studies, including bulk sampling, plant design and cost estimates, and progressing environmental, infrastructure and stakeholder assessments, collectively moving the project closer to potential development and strengthening its positioning in the titanium feedstock market.

The most recent analyst rating on (AU:NYM) stock is a Hold with a A$0.04 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 Limited is an Australian exploration and development company focused on heavy mineral sands, particularly titanium-bearing deposits, with its flagship Rosewood Titanium Project located in the northern Gawler Craton of South Australia. The company is advancing this project through resource drilling, metallurgical test work and development studies aimed at defining a viable mineral resource and potential product streams for high-grade titanium products.

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Technical Sentiment Signal: Buy

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