Petratherm Ltd Unveils Promising Exploration Results
Company Announcements

Petratherm Ltd Unveils Promising Exploration Results

Petratherm Ltd (AU:PTR) has released an update.

Petratherm Ltd has reported promising exploration results from its Muckanippie and Mabel Creek projects in South Australia, revealing high-grade titanium-rich mineral sands and identifying significant copper-gold targets. The company has secured $1.6 million from a successful placement and an additional $1.3 million from a Share Purchase Plan, bolstering its cash reserves to advance drilling activities. These developments highlight Petratherm’s strong potential in the minerals sector, particularly in titanium and copper-gold exploration.

For further insights into AU:PTR stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App