PTR Concludes Successful Drilling Campaign at Comet Rare Earth Project

Petratherm Limited (ASX: PTR) has successfully completed its air core drilling program at the Comet Rare Earth (REE) Project in South Australia. The program, consisting of 62 holes covering approximately 2,900 meters, focused on exploring extensions to the Artemis REE Prospect and other high-priority targets. Drill samples have been submitted to Bureau Veritas Laboratories for analysis, and assay results are expected within 6-8 weeks.

Following the receipt and evaluation of the results, a second phase of drilling will be conducted. This marks PTR's first drilling campaign at the Comet Project since the discovery of REE mineralization at the Artemis Prospect. The program utilized refined exploration models to target new Greenfield areas and additional mineralized zones in the region.

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