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Narryer Metals Limited (ASX:NYM)

ALERT: Price-sensitive ASX Announcement for NYM
Current share price for NYM : $0.048 0.017 (54.84%)+
Announcement
Release
19 Dec 2025 9:52AM
Price at Release
$0.031
Full Release
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Summary
PTR Minerals Limited, in partnership with Narryer Metals Limited, completed a significant resource drilling program at Rosewood, consisting of 446 air core holes over 9,388 meters. The drilling confirmed consistent high-grade titanium mineralization, with notable results including multiple drill holes showing heavy mineral (HM) grades over 10% and thick vertical intercepts. The Rosewood East area, fully owned by PTR, and the Rosewood West area, a joint venture between PTR (70%) and NYM (30%), are involved in this project. The initial assay results indicate strong potential for a maiden JORC Mineral Resource estimate, anticipated to be released in the second quarter of 2026, with an Indicated status for Rosewood East and an Inferred status for Rosewood West.
Key Points
  • Resource drilling completed at Rosewood with 446 holes over 9,388 meters.
  • Notable high-grade titanium mineralization confirmed.
  • Partnership between PTR (70%) and Narryer Metals (30%) for Rosewood West.
  • Maiden JORC Mineral Resource expected in Q2 2026.
  • Rosewood East is fully owned by PTR.
  • Initial assay results show high-grade HM mineralization.
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.