Petratherm Ltd ( (AU:PTR) ) just unveiled an announcement.
Petratherm Limited announced a significant discovery of high-grade heavy mineral sands at its Muckanippie Project in South Australia. The discovery, which spans a continuous 15 square kilometer area, is rich in valuable titanium minerals and shows promise for further expansion. The company has completed follow-up drilling and collected bulk samples for metallurgical testing. This early-stage project presents substantial potential for additional titanium deposits, enhancing Petratherm’s position in the mineral exploration market.
More about Petratherm Ltd
Petratherm Limited operates in the mineral exploration industry, focusing on the discovery and development of heavy mineral sands, particularly those rich in titanium minerals. The company is primarily engaged in exploring high-value mineral deposits in South Australia.
YTD Price Performance: -13.33%
Average Trading Volume: 858,023
Technical Sentiment Signal: Sell
Current Market Cap: A$89.86M
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