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Narryer Metals Limited (ASX:NYM)

ALERT: Price-sensitive ASX Announcement for NYM
Current share price for NYM : $0.070 0.023 (48.94%)+
Announcement
Release
28 Jul 2026 3:13PM
Price at Release
$0.047
Full Release
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Summary
Narryer Metals Limited's quarterly report for the period ending June 30, 2026, details their progress in various projects, including a significant maiden mineral resource estimate at the Muckanippie Titanium Project in South Australia. They continued metallurgical testing at Rocky Gully in Western Australia and engaged in stakeholder consultations for the Pingrup project. The company successfully raised additional funds through strategic placements, ending the quarter with a cash reserve of $1.36 million.
Key Points
  • Narryer Metals Limited reported on their activities for the quarter ending June 30, 2026.
  • The Muckanippie Titanium Project in South Australia delivered a maiden Inferred JORC Resource estimate of 169 Mt @ 7.1% Heavy Mineral.
  • The Rosewood West Resource contains significant valuable heavy minerals, primarily leucoxene, rutile, and ilmenite.
  • Narryer continued metallurgical testing at the Rocky Gully project in Western Australia, focusing on scandium, REE, gallium, and titanium mineralisation.
  • The company engaged in initial stakeholder consultations at the Pingrup scandium-REE project, also located in Western Australia.
  • Narryer Metals raised $1,056,000 in strategic placements to new and existing investors.
  • Cash reserves at the end of the quarter were $1.36 million.
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.