PTR Minerals Ltd
PTR Minerals Ltd, formerly Petratherm Limited, is an Australia-based mineral exploration company.
The business
PTR Minerals Ltd, formerly Petratherm Limited, is an Australia-based mineral exploration company. The Company’s projects include Mabel Creek Iron-Oxide Copper-Gold, Comet Gold, Comet Rare Earth, Muckanippie, and Woomera and Arcoona Iron-Oxide Copper-Gold (IOCG). The Mabel Creek Project, located approximately 50 kilometers (km) northeast of Coober Pedy in South Australia, is prospective for IOCG and Broken Hill Type (BHT) lead-zinc-silver (Pb-Zn-Ag) mineralization. The Comet Project holds a ground position totaling approximately 1,915 kilometers (km2) in the Northern Gawler Craton of South Australia. The Project consists of exploration license (EL) 6443, EL6633, EL6722, EL6816 and EL6818. The Muckanippie Project comprises two tenements (EL6855 and EL6815) totaling approximately 258 km2 over the central and outer portions of Muckanippie Anorthosite Complex. The Woomera and Arcoona IOCG Project has a landholding of approximately 668 km2 and is located in the province of South Australia.
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Latest news
PTR Minerals Continues to Grow Muckanippie Titanium Discovery with New Assay Results
PTR Minerals (ASX: PTR) has significantly expanded its high-grade Muckanippie titanium discovery in South Australia, with assay results from ongoing drilling at the Duke and Nardoo saprolite targets confirming the presence of high-grade titanium.
Petratherm to fast-track Muckanippie titanium project after raising $8m
Petratherm (ASX: PTR) has received strong market backing for its plans to accelerate development of its Muckanippie titanium-heavy mineral sands (HMS) project in South Australia. Existing and new investors including several funds and institutions have strongly supported a new capital raising that will add $8 million through a placement at an issue price of $0.22 […]
Petratherm shares surge on high-grade titanium results at Muckanippie project
Shares in Petratherm (ASX: PTR) rose strongly in early Tuesday trading after the company emerged from a trading halt with positive results from metallurgical testing of samples from its Muckanippie heavy mineral (HM) project in South Australia. The company revealed that laboratory analysis of the samples identified high titanium mineral content, with results showing approximately […]
Weekly wrap: miners push towards new record but banks hold back
It was a close-run thing but the Australian market missed out on setting a new record on Friday thanks mainly to a rare downward pull from the big banks. At one stage the ASX 200 traded at 8143.6 points – just 5 points away from the record high set in August – but the drag […]
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