The latest update is out from Petratherm Ltd ( (AU:PTR) ).
Petratherm Limited has commenced its Phase 2 drilling program at the Rosewood Titanium Discovery within the Muckanippie Project in South Australia. This 6,000-meter air core drilling initiative aims to extend the known mineralization and gather bulk samples for metallurgical testing, following successful Phase 1 results and a recent $8.1 million placement. The program will also explore other promising titanium prospects in the area, potentially enhancing the company’s market position and offering significant opportunities for stakeholders.
More about Petratherm Ltd
Petratherm Limited is a company in the mineral exploration industry, focusing on the discovery and development of titanium and heavy mineral sands. The company is actively engaged in projects in South Australia, particularly within the Muckanippie Project area, aiming to explore and expand its titanium-rich mineral resources.
YTD Price Performance: -5.00%
Average Trading Volume: 1,479,976
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: A$90.72M
For detailed information about PTR stock, go to TipRanks’ Stock Analysis page.