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Petratherm Ltd ( (AU:PTR) ) has shared an announcement.
Petratherm Ltd has reported promising results from metallurgical studies on bulk samples from its Rosewood Titanium Project, showing high recoveries and quality of heavy mineral concentrate using standard wet separation techniques. The project, characterized by its unique geological setting, has demonstrated a significant size and high-grade mineralization, with ongoing drilling to define a resource outline. The company is optimistic about further improving recovery and product quality with minor process adjustments, which could enhance its position in the mineral sands industry.
More about Petratherm Ltd
Petratherm Ltd is involved in the exploration and development of mineral sands, with a focus on titanium-rich heavy mineral sands. The company is currently working on the Rosewood Titanium Project, which is part of its larger Muckanippie Project, and is known for its significant titanium mineral discoveries.
Average Trading Volume: 278,884
Technical Sentiment Signal: Buy
Current Market Cap: A$95.32M
For detailed information about PTR stock, go to TipRanks’ Stock Analysis page.