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Narryer Metals Limited (ASX:NYM)

ALERT: Price-sensitive ASX Announcement for NYM
Current share price for NYM : $0.050 -0.006 (-10.71%)+
Release
6 May 2026 9:16AM
Price at Release
$0.056
Full Release
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Summary
PTR Minerals Ltd has conducted extensive exploration activities at their Rosewood project, which is part of the larger Muckanippie Project aimed at identifying titanium-bearing heavy minerals. The project involved drilling 799 holes over a total distance of 20,749 meters. Current efforts include comprehensive assay, mineralogical, and metallurgical testing of drill samples to determine the grade and nature of mineralization. Bulk sample testing is underway to evaluate product quality and recovery, with plans for further drilling to explore potential extensions of the mineral deposits. These activities are part of PTR's strategic effort to advance their exploration and development of the project.
Key Points
  • PTR Minerals Ltd has completed 799 drill holes totaling 20,749 meters.
  • The Rosewood project is part of the Muckanippie Project, targeting titanium-bearing heavy minerals.
  • Extensive assay, mineralogical, and metallurgical tests are being conducted on drill samples.
  • Bulk sample testing has commenced to assess product quality and recovery.
  • Further drilling is planned to explore extensions of the 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.