NYM.ASX: Narryer uncovers new Scandium Project in WA

Narryer uncovers new Scandium Project in WA

Stock	Narryer Metals Ltd (NYM.ASX)
Release Time	12 Aug 2026, 8:17 a.m.
Price Sensitive	Yes

This feature provides summaries of price-sensitive announcements for companies followed by users on InvestorPA. The summaries are generated by large language models so please interpret with care.

Narryer Metals Discovers New Scandium Project in Western Australia

Key Points

New scandium discovery at Pingrup, Western Australia
High-grade scandium mineralisation up to 765 ppm Sc2O3
Pingrup Project provides synergies with existing Rocky Gully Project

Full Summary

Narryer Metals Ltd. has identified a new scandium discovery at Pingrup in Western Australia, complementing its existing Rocky Gully Sc-REE-Ga Project. Historic drilling data reveals near-surface, high-grade scandium mineralization over approximately 1.7km of strike, with grades up to 765 ppm Sc2O3. The mineralisation is predominantly within saprolitic clays at shallow depths of 12-42m. The project also shows evidence of rare earth mineralisation, with intersections up to 18m @ 1,767 ppm TREO. The Pingrup Project is located 180km northeast of the Rocky Gully Project and offers potential synergies in future development. The Company plans to conduct a detailed magnetic survey, aircore drill program, and metallurgical bulk sampling to better define the mineralised zone and potential processing pathways.