Narryer Metals Reports Q2 2026 Activities and Financials
Key points
- Maiden Mineral Resource Estimate delivered at Muckanippie Titanium Project
- Rosewood West Resource contains 169 Mt @ 7.1% HM
- Continued metallurgical program at Rocky Gully and Pingrup Sc-REE Projects
- Cash reserves of $1.36 million as at 30 June 2026
- Completed strategic placement raising $1,056,000
Full summary
Narryer Metals Limited (ASX:NYM) has released its Quarterly Activities Report for the period ended 30 June 2026. Key highlights include the delivery of a maiden Inferred JORC Resource estimate of 169 Mt @ 7.1% Heavy Mineral (HM) at the Rosewood West prospect in the Muckanippie Titanium Project. The majority of the Rosewood West Resource is located on the Narryer Joint Venture tenure, with 36% of the total Rosewood Mineral Resources (463 Mt @ 8.8% HM) residing at Rosewood West, equating to 12 Mt of contained HM. The company also continued a metallurgical program at the Ivar Prospect, Rocky Gully project, and completed initial stakeholder engagement at the Pingrup scandium-REE project. Narryer Metals held cash reserves of $1.36 million as at 30 June 2026 and completed a strategic placement raising $1,056,000 through the issue of 35,200,000 shares at an issue price of $0.03 per Share.
Guidance
Narryer Metals held cash reserves of $1.36 million as at 30 June 2026
Outlook
Narryer Metals continues to review project opportunities to complement its current portfolio.
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