Narryer Metals Reports 124% TREO Grade Boost and New Titanium Discovery

Metallurgical Breakthrough at Rocky Gully

Narryer Metals Limited (ASX, NYM) has reported significant progress in its metallurgical studies at the Rocky Gully project in Western Australia, a key site for scandium, rare earth elements (REE), gallium, and titanium. The company is developing a potential dual-path processing flowsheet that targets two distinct mineral horizons, a near-surface scandium-rich layer and a deeper rare earth element-rich saprolite clay, possibly containing monazite concentrate.

Recent beneficiation tests have yielded a remarkable 124% uplift in total rare earth oxide (TREO) grade, suggesting a more concentrated and potentially saleable product. The ore’s amenability to gravity separation techniques and its low thorium and uranium content further enhance its commercial appeal, reducing handling and environmental concerns.

Innovative Extraction Techniques Underway

Complementing physical beneficiation, Narryer is nearing completion of acid leach extraction studies funded by the Mineral Research Institute of Western Australia (MRIWA). These studies explore the use of organic acids, which promise environmental and cost advantages over traditional methods. Additionally, the company is initiating bio-leach trials with Estonian biomining specialist Biotatec, aiming to unlock scandium and REE from iron-rich clays through biological processes, a cutting-edge approach that could redefine extraction efficiency.

New Titanium Discovery at Muckanippie JV

In South Australia, the Muckanippie Joint Venture, where Narryer holds a 30% stake alongside Petratherm Limited, has yielded a new titanium heavy mineral discovery at the Echo Prospect. Drilling has delineated a substantial sediment-hosted heavy mineral zone extending 4.5km by 2km, with high-value leucoxene-dominant mineral assemblages. This discovery expands the known titanium-rich heavy mineral sands in the region and underscores the project’s potential as a significant titanium deposit.

Further drilling is scheduled at the Rosewood West Prospect to advance towards a maiden resource estimate. Meanwhile, mineralogical studies continue on saprolite-hosted titanium mineralisation at nearby Dukes, Nardoo, and Claypan prospects, which could add further value to the Muckanippie portfolio.

Strategic Position and Financial Health

Narryer’s projects benefit from strategic advantages including location in stable jurisdictions, proximity to infrastructure, and mineralisation in soft, easily mined clays. These factors support a potentially low-cost production profile, particularly important given current global supply constraints and export restrictions on critical minerals from China.

Financially, the company reported cash reserves of AUD 1.28 million at quarter-end, with no mining development or production activities undertaken during the period. Narryer continues to review its project portfolio to focus on assets with the highest potential, while maintaining a disciplined approach to expenditure.