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Narryer Metals Limited (ASX:NYM)

ALERT: Price-sensitive ASX Announcement for NYM
Current share price for NYM : $0.058 0.018 (45%)+
Announcement
Release
17 Nov 2025 9:40AM
Price at Release
$0.040
Full Release
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Summary
The exploration results at the Duke Prospect within the Muckanippie Project have demonstrated significant promise with high-grade heavy mineral (HM) intersections such as 60m @ 39.3% HM from surface. The mineralogy analysis further indicates the presence of high levels of titanium dioxide (TiO2), primarily from ilmenite and altered ilmenite. This suggests a potential for high-value titanium products. The nearby Nardoo Prospect also shows encouraging results, confirming the potential for extensive mineralisation in the region. PTR Minerals Ltd plans to continue exploration with additional drilling and analyses.
Key Points
  • Duke Prospect in the Muckanippie Project shows promising exploration results with high-grade heavy mineral (HM) findings.
  • Significant intersections at Duke include 60m @ 39.3% HM and 37m @ 21.0% HM from surface.
  • XRF analysis indicates high TiO2 levels, suggesting the presence of ilmenite and altered ilmenite minerals.
  • Nardoo Prospect, located near Duke, also reveals high-grade HM intersections, indicating further potential.
  • Exploration efforts continue with plans for more drilling and analysis to expand and confirm findings.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.