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PTR Minerals Ltd (ASX:PTR)

ALERT: Price-sensitive ASX Announcement for PTR
Current share price for PTR : $0.079 -0.019 (-19.39%)+
Announcement
Release
6 May 2026 9:16AM
Price at Release
$0.098
Full Release
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Summary
PTR Minerals Ltd has announced the receipt of final assay results from the Rosewood East section of the Rosewood Titanium Project. The results continue to highlight high-grade heavy mineral (HM) mineralization, with significant intercepts demonstrating shallow, thick, and high-grade mineralization. The company is on track to deliver its maiden Mineral Resource Estimate (MRE) by the second quarter of 2026. The project has shown promising signs of substantial titanium-bearing heavy minerals, and the assay results from 134 drill holes have been reported. The Rosewood East area, wholly owned by PTR, has been confirmed to have consistent and high-grade mineralization at shallow depths. Additionally, the ongoing heavy mineral assays and upcoming maiden MRE are in line with JORC (2012) standards. PTR Minerals is also advancing its exploration efforts on the joint venture Rosewood West area and is actively engaged in further defining the mineral potential of its projects in South Australia.
Key Points
  • Final assays from Rosewood East received showing promising results.
  • Significant intercepts include high-grade and shallow mineralization.
  • Maiden Mineral Resource Estimate on track for Q2 2026.
  • Rosewood East area exhibits consistent thick and high-grade mineralization.
  • Assay data aligns with JORC (2012) standards.
  • Ongoing exploration efforts at Rosewood West in joint venture with Narryer Metals.
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.