Narryer Metals on progress at Rocky Gully and Muckanippie JV projects Proactive Narryer Metals Limited (ASX:#NYM) executive chairman Richard Bevan talks with Proactive’s Tylah Tully about the Company's exciting updates on the Rocky Gully Project in Western Australia and Muckanippie JV projects. The company has received high-grade scandium and rare earth results from drilling at the Rocky Gully Project in Western Australia. Richard highlighted that mineralisation started from the surface, with grades reaching up to 500 ppm scandium. He emphasised the project's scalability and cost-effective exploration methods, with further drilling and geophysical studies planned to unlock its full potential. Additionally, Narryer Metals shared updates on its joint venture at the Muckanippie Project in South Australia. Richard noted recent discoveries of heavy mineral sands with high-grade titanium oxide, which have significantly increased the project's value, pointing out the company's strong portfolio, experienced management, and substantial market leverage, making Narryer Metals an attractive investment opportunity.
Narryer Metals Limited
Mining
West Perth, Western Australia 436 followers
Narryer Metals Limited is on a pathway to list on the ASX by early April 2022.
About us
Narryer Metals is focussing on the discovery of high-value, 'Giant’ magmatic Ni-Cu-PGE sulphide deposits in Australia and Lithium projects in Canada. Our Projects are located in strategic geological domains in exploration friendly jurisdictions. Narryer (WA) – located on the western edge of the Yilgarn Craton, which contains the Julimar Ni-PGE discovery (Chalice) Gawler Craton (SA) – Ceduna and Sturt Projects in under-explored terrain containing multiple mafic-ultramafic (M-UM) intrusive complexes, with evidence of magmatic Ni-Cu sulphide mineralisation. Additional Au opportunity
- Industry
- Mining
- Company size
- 2-10 employees
- Headquarters
- West Perth, Western Australia
- Type
- Public Company
- Founded
- 2022
Locations
-
Primary
Get directions
945 Wellington St
West Perth, Western Australia 6005, AU
Employees at Narryer Metals Limited
Updates
-
Narryer Metals Limited (Narryer or the Company) (ASX:NYM) is pleased to announce it has received commitments from sophisticated and institutional investors to raise $1.49 million before costs through the issue of 33,126,518 fully paid ordinary shares in the Company (Shares) at an issue price of $0.045 per Share (Placement). Contact: Richard Bevan
-
🚨 Exciting Developments from Petratherm Ltd with the impressive maiden drill results from the Rosewood Prospect within their Muckanippie Project, located in the northern Gawler Craton, South Australia. These results hold particular significance as the Rosewood Prospect borders Narryer Metals Limited’s JV tenement, EL6715. 🌟 Highlights from the announcement: ✔️Seven drill traverses (1-2 km spacing) completed so far, totaling 50 holes (1,697m). ✔️Exceptional mineralisation identified across the initial batch of 101 samples from five holes along a 2 km north-south traverse. ✅Mineralisation remains open, with results from the remaining 45 drill holes—including those on JV ground EL6715—anticipated in the coming weeks. This is an exciting step forward for the JV and the broader potential of this district, reinforcing the strategic value of our partnership with Petratherm. The high-quality results at Rosewood highlight the significant exploration upside in this underexplored region. We look forward to the upcoming results and continuing to unlock the full potential of this exciting prospect. Stay tuned for further updates! Richard Bevan Gavin England #ASX #Exploration #MineralDiscovery #NarryerMetals #Petratherm #JV
#ASXNews Bonanza drill results confirm major HMS discovery at Rosewood Prospect Petratherm Ltd is pleased to announce maiden drill results from the Rosewood Prospect, located within the Company’s Muckanippie Project in the northern Gawler Craton, of South Australia. Seven drill traverses at 1 kilometre to 2 kilometre spacing have been drilled to date over the Rosewood Prospect (fifty drill holes totalling 1,697 metres). Results reported herein are an initial batch of 101 samples from 5 drill holes along a single 2.0 kilometre north-south traverse. • Assay results from first 5 step out drill holes at Rosewood Prospect, over a 2 kilometre trend have returned bonanza #HeavyMineral (HM) concentrations and intercept thicknesses. • Drill intercepts: o 24RW020 – 22 m @ 19.1% HM from 8m including; - 4m @ 27.9% HM from 9m and including 1m @ 39.7% HM from 11m. o 24RW017 – 17m @ 9.7% HM from 6m including; - 4m @ 22.2% HM from 8m. o 24RW015 – 11 m @ 10.0% HM from 6m including; - 6m @ 15.4% HM from 7m. o 24RW013 – 20m @ 8.9% HM from 4m including; - 8m @ 12.1% HM from 5m and 3m @ 21.3% HM from 21m. o 24RW011 – 10m @ 6.8% HM from 3m including; - 4m @ 11.7% HM from 3m. • Preliminary visual analysis of HM fraction suggests high value mineral species Leucoxene and Rutile are present in the HM mineral assemblage. This is consistent with the recently reported historical results located 1 km to the east. • Assay results from a further 45 drill holes from Rosewood Prospect, across seven widely spaced drill traverses covering an expanded area of approximately 8km x 2km are expected in batches over the next 3 to 6 weeks. • #Titanium is on the critical minerals list for Australia, US and EU and has uses in electric vehicles, battery storage, wind technology, pigments, and as an alloy in steel and superalloys. #PTR CEO, Peter Reid, commented: “The maiden Petratherm drill results are outstanding and confirm Rosewood is a highly significant new #HMS discovery within the Company’s broader Muckanippie Project. “Recent mineral analysis of the HM fraction from historical drill holes 1 kilometre east of today’s drill results indicated favourable concentrations of high value Leucoxene and Rutile. The bonanza HM grades and thicknesses reported are highly significant and a major step towards both confirming the potential scale of mineralisation and de-risking the viability of the project. “Assay results from a further 45 drill holes from Rosewood are expected in the coming weeks along with detailed mineral analysis of the HM assemblage. We look forward to providing results as they come to hand.” See the full announcement: https://loom.ly/dv5kUQo #Petratherm #ASX #MiningNews #CriticalMinerals
-
China's Ban Highlights Critical Minerals Opportunity for Australia China's export restrictions on gallium and germanium underscore the importance of diversifying global critical mineral supplies. Narryer Metals Limited Metals is well-positioned to benefit from this shift, with high value and high grade #gallium, #REE's and #scandium identified at the Rocky Gully Project in WA. As demand for secure, ethical sources of critical metals grows, projects like Rocky Gully represent a key step toward establishing Australia as a leading supplier. The ban reinforces the strategic significance of our exploration efforts, supporting future supply chain resilience. Richard Bevan Gavin England #CriticalMinerals #AustralianMining #RockyGully #Gallium #Germanium #ASX #NYM https://lnkd.in/giuENHsv
-
AGM PRESENTATION Narryer Metals Limited is pleased to provide the latest investor presentation delivered at today’s Annual General Meeting of Shareholders. KEY HIGHLIGHTS Rocky Gully Critical Minerals Project, WA ✅ Discovery of high-grade rare earth elements (REE), Scandium and Gallium mineralisation Muckanippie Project, SA Joint Venture with Petratherm (ASX:PTR) ✅ Discovery of high-grade titanium rich heavy mineral sands over an extensive area ✅ PTR earning-in to Narryer ground ✅ Lithium Exploration in Canada Strategic project located in the Northwest Territories, offering growth potential in the critical minerals space ✅ Early stage exploration projects in Ontario and Quebec Download the presentation here: https://lnkd.in/ghMdMeR9
-
📰 Narryer Metals: New developments in WA and South Australia Proactive https://lnkd.in/gM4gEucu
Narryer Metals: New developments in WA and South Australia
proactiveinvestors.com.au
-
📰Stockhead ASX Lunch Wrap: Geopolitics rock the boat; Narryer up 80pc on scandium and REE find 🚀 https://lnkd.in/g-7bzEWG
ASX Lunch Wrap: Geopolitics rock the boat; Narryer up 80pc on scandium and REE find - Stockhead
stockhead.com.au
-
🗞️High-grade scandium and REE intercepts point to carbonatite system for NYM The Market Online (Australia) https://lnkd.in/gWm2ncPe
High-grade scandium and REE intercepts point to carbonatite system for NYM
themarketonline.com.au
-
📰Narryer Metals makes high-grade scandium and rare earths discovery at Rocky Gully https://lnkd.in/gNnZadg8
Narryer Metals makes high-grade scandium and rare earths discovery at Rocky Gully
smallcaps.com.au
-
🚀 Narryer Metals Limited: Unlocking a Significant Critical Minerals Discovery! 🌏 Highlights from the Rocky Gully Project: ✅ Emerging Multi-Commodity Discovery: High-value scandium, magnet rare earths (Nd, Pr, Dy, Tb), gallium, and vanadium. ✅ Impressive Grades: Up to 518 ppm scandium oxide (Sc₂O₃) and 1.8% TREO, with magnet rare earths up to 0.6%. ✅ Outstanding Intersections: Sc₂O₃: 22m @ 263 ppm (incl. 7m @ 410 ppm) TREO: 20m @ 2929 ppm (incl. 1m @ 1.06%) ✅ Favorable Mining Potential: Near-surface mineralisation hosted in regolith clays, perfect for low-cost strip mining and efficient processing. ✅ Carbonatite Potential: Results suggest a larger mineralised system linked to a potential carbonatite source. Next steps include expanding high-grade zones, developing key drill targets, and testing low-cost extraction methods. Exciting times ahead! Download the announcement here: https://lnkd.in/gV4xzXis Contacts: Richard Bevan Gavin England #NarryerMetals #CriticalMinerals #Scandium #RareEarths #Exploration #Stockstowatch #NYM #asxnews
-