Narryer Metals Limited (AU:NYM) has released an update.
Narryer Metals Limited has entered into an agreement with Petratherm Limited, granting them the right to earn up to a 70% interest in the Sturt Project by investing $500,000 over four years. The Sturt Project, rich in multiple commodities and located in South Australia, will see Narryer reducing costs while focusing more on its Canadian lithium assets and Rocky Gully REE Project in Australia. This strategic partnership will allow Narryer to remain invested in the Sturt Project’s potential while collaborating with the experienced explorer Petratherm.
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