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Narryer Metals Limited ( (AU:NYM) ) has shared an update.
Petratherm Limited has discovered a new style of high-grade titanium mineralization in saprolite clay at its Muckanippie Project in South Australia. The exploration has identified significant heavy mineral concentrations, including ilmenite and leucoxene, across several prospects. These findings suggest potential for a large-scale, open-pit mining operation, enhancing Australia’s domestic supply of titanium, a critical mineral. The discovery is significant for the company, indicating a promising future for further exploration and potential expansion in the titanium market.
More about Narryer Metals Limited
YTD Price Performance: -2.00%
Average Trading Volume: 998,245
Technical Sentiment Consensus Rating: Sell
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