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PTR Minerals Ltd (ASX:PTR)

ALERT: Price-sensitive ASX Announcement for PTR
Current share price for PTR : $0.086 -0.099 (-53.51%)+
Announcement
Release
16 Mar 2026 8:30AM
Price at Release
$0.185
Full Release
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Summary
PTR Minerals Ltd has reported positive metallurgical performance and strong drilling results from their Rosewood project. Initial assays from exploratory metallurgical test work have shown promising results, with conventional processing routes recovering 91.3% of Heavy Minerals (HM) and producing a high-quality Heavy Mineral Concentrate (HMC) with 90.8% HM. The test work involved using magnetic and electrostatic separation to upgrade the HMC into high-grade titanium products with TiO2 contents ranging from 55.4% to 84.2%. The drilling program has also yielded consistent and high-grade HM mineralisation results from the northern Rosewood East area, with significant intercepts indicating a shallow and rich mineralisation zone. PTR plans to continue with its resource estimation in the coming months, aimed at delivering a high-quality resource base for their Rosewood Titanium Project.
Key Points
  • Positive metallurgical performance at Rosewood project.
  • High recovery of Heavy Minerals through conventional processing.
  • Production of high-grade titanium products.
  • Strong drill results indicating high-grade mineralisation.
  • Ongoing metallurgical and processing evaluation activities.
  • Resource estimation planned for Q2 2026.
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.