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PTR Minerals Ltd (ASX:PTR)

ALERT: Price-sensitive ASX Announcement for PTR
Current share price for PTR : $0.083 -0.037 (-30.83%)+
Announcement
Release
23 Jun 2026 9:16AM
Price at Release
$0.120
Full Release
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Summary
PTR Minerals Ltd's Rosewood Titanium Project at the Muckanippie Project in South Australia has completed its Phase 2 drilling program. The project revealed substantial heavy mineral (HM) mineralisation, with high-grade results confirming the potential for titanium-rich deposits. The mineralisation spans over 20 square kilometers and remains open, particularly to the north, indicating further exploration potential. Two distinct high-grade zones, Rosewood East and West, show ancient strandlines rich in titanium minerals. The company has also begun metallurgical test work to evaluate processing pathways and potential product specifications. The addition of Rob Sennitt as Executive Director strengthens the leadership team to advance the project towards a tier-one titanium discovery.
Key Points
  • Completion of Phase 2 drilling at Rosewood Titanium Project
  • Significant high-grade heavy mineralisation identified
  • Mineralisation extends over 20 square kilometers and remains open
  • Two distinct high-grade zones identified as ancient strandlines
  • Metallurgical test work initiated for processing evaluation
  • Leadership strengthened by appointment of Rob Sennitt as Executive Director
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.