PTR: Rosewood Positive Water Drilling Results

• Drilling identified significant groundwater sources.
• Water-bearing aquifers found at all three targets.
• Native Title Heritage Survey completed, paving way for drilling.

PTR Minerals Ltd has announced positive results from its hydrogeological drilling program at the Rosewood Titanium Project. The drilling identified groundwater sources in all three targeted paleochannel sand and gravel sequences, enhancing the likelihood of sufficient processing water for the proposed mining operations. Additionally, the successful completion of a Native Title Heritage Survey has cleared the way for further infill drilling and regional exploration. The presence of these aquifers is a significant breakthrough for the project's water supply strategy.