REG - New Frontier Mineral - Appointment of Drill Contractor

New Frontier MineralsAnnouncement

11/09/2025 07:00

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RNS Number : 8432Y  New Frontier Minerals Limited  11 September 2025

New Frontier Minerals Limited / Index: LSE & LSE / Epic: NFM / Sector:
Industrial Metals and Mining

 

11 September 2025

New Frontier Minerals Limited

("NFM" or the "Company")

 

GeoDrill Appointed to Lead New Frontier Minerals' Maiden Drilling Campaign at
Harts Range, NT

 

New Frontier Minerals Limited (LSE/ASX: NFM) is pleased to announce that
GeoDrill Australia has been appointed as the drilling contractor to undertake
the maiden Reverse Circulation (RC) drilling program at the Harts Range
Project, located 140km north-east of Alice Springs in the Northern Territory,
Australia.

 

Additionally, MBS Environmental were engaged to complete a desktop flora and
fauna assessment for the Harts Range Project. All environmental and regulatory
documents and applications have been lodged, with drilling to commence upon
receipt of final approvals. Logistics scheduling including site works, and
drill-target planning are underway, with the first holes to be drilled at the
Cusp and Bobs Prospects.

 

Highlights

·    GeoDrill Australia appointed to undertake the maiden Reverse
Circulation (RC) drilling program at the Harts Range Project in the NT

·    All environmental and regulatory applications for land access have
been lodged, with drilling to commence at Harts Range on receiving final
approvals

·    Drilling readiness and logistics including site works and drill
target planning are underway with the first holes to be drilled at Cusp and
Bobs

·    Harts Range positioned as a potential major source of U.S. critical
minerals, with the projects inventory overlapping 17 of the 54 commodities on
the U.S. DOI draft 2025 critical list(1)

 

Chairman Gerrard Hall commented: "We are very encouraged by the progress at
the Harts Range Project as we move closer to commencing our maiden drilling
program and I would like to acknowledge the efforts of our team and
stakeholders as we advance preparations and finalise regulatory approvals. We
are pleased to have appointed GeoDrill Australia, a well-regarded drilling
contractor with a strong track record across Australian exploration projects,
recognised for its outstanding safety record and professional culture.

 

The presence of 17 minerals on the U.S. critical minerals list(2) within Harts
Range, including strategically important heavy rare earths such as dysprosium
and terbium, highlights the potential significance and strategic nature of the
Harts Range Project. The Board and management are excited by the opportunity
to unlock substantial value for shareholders while contributing to the secure
supply of critical commodities essential to modern technologies and the global
energy transition."

 

GEODRILL APPOINTED AS DRILLING CONTRACTOR

GeoDrill Australia has been appointed to undertake the maiden reverse
circulation (RC) drilling program at the Harts Range Project in the Northern
Territory. GeoDrill is a well-regarded, family-owned drilling contractor based
in Queensland, with a strong track record of servicing exploration projects
across Australia. The company is recognised for its outstanding safety record,
professional culture, and advanced capabilities across exploration,
geotechnical, and water drilling.

 

In parallel, New Frontier Minerals engaged MBS Environmental to complete a
desktop flora and fauna assessment for the Harts Range Project. All required
environmental and regulatory documentation have now been lodged with the
Northern Territory Mines Department, with final approvals to commence drilling
anticipated in the near term.

 

HARTS RANGE POSITIONED AS A MAJOR SOURCE OF U.S. CRITICAL MINERALS

Critical minerals play a vital role in supporting the economy and safeguarding
national security, yet their supply chains remain highly vulnerable to
disruption.

 

The U.S. Department of the Interior (DOI) through the U.S. Geological Survey
(USGS), recently published its draft 2025 List of Critical Minerals(2),
identifying 54 mineral commodities essential to U.S. economic and national
security (Figure 1). These include multiple rare earth elements such as
dysprosium, erbium, europium, gadolinium, lanthanum, lutetium, neodymium,
praseodymium, samarium, terbium, thulium, ytterbium and yttrium - each
considered "critical" because disruptions to their supply could harm U.S.
industry and defense.

 

HARTS RANGE INVENTORY ON U.S. CRITICAL LIST

Exploration at Harts Range has confirmed high-grade heavy rare earth and
niobium mineralisation. Rock-chip sampling has returned values up to 20.12%
total rare earth oxides (TREO) with very high heavy-rare-earth ratios(3).
Notably, dysprosium and terbium concentrations are particularly strong.

Harts Range hosts seventeen (17) of the 54 critical minerals which include the
individual rare earths mineral suite, including dysprosium, terbium, erbium,
ytterbium, yttrium and others, alongside niobium and related metals which
covers 17 of the 54 commodities on the U.S. draft critical list(2).

This announcement was approved for release by the Board of New Frontier
Minerals Limited.

 

OPERATIONAL PROGRESS AND NEXT STEPS

·    All environmental and regulatory applications have been lodged with
drilling to commence on receiving final approvals.

·    GeoDrill Australia has been appointed to undertake the maiden reverse
circulation drilling program. Logistics and target planning are well advanced,
with initial drilling to focus on the high-priority Cusp and Bobs prospects,
where previous sampling returned standout rare earth and niobium grades.

·    New Frontier Minerals is actively engaging with U.S. and Australian
government representatives to highlight the strategic potential of Harts Range
as a future supplier of critical minerals.

 

 Figure 1: U.S. Geological Survey (USGS) 2025 draft list of critical
 minerals(2)

 

ENDS

This announcement was approved for release by the Board of New Frontier
Minerals Limited.

 

REFERENCES

1.     U.S. Department of the Interior - Draft 2025 List of Critical
Minerals

2.     U.S. Geological Survey - Critical minerals and supply-chain risks
https://www.usgs.gov/index.php/media/images/2025-draft-list-critical-minerals
(https://www.usgs.gov/index.php/media/images/2025-draft-list-critical-minerals)

3.     NFM ASX Release "Sampling returns 10.61% TREO with 23.56% Nb2O5 and
15.67% Ta2O5 at Harts Range, NT

 

For further information please contact

 

 New Frontier Minerals Limited      +61 8 6558 0886 
 Gerrard Hall (UK), Chairman 

 S. P. Angel Corporate Finance LLP  +44 (0)1483 413500 

 (Corporate Broker) 
 Ewan Leggat                        +44 (0) 20 7409 3494

 St Brides Partners Ltd             +44 (0)20 7236 1177

 (Financial PR)  
 Ana Ribeiro and Charlotte Page

 

About New Frontier Minerals

New Frontier Minerals Limited is an Australian-based focussed explorer, with a
strategy to develop multi-commodity assets that demonstrate future potential
as an economic mining operation. Through the application of disciplined and
structured exploration, New Frontier has identified assets deemed core and is
actively progressing these interests up the value curve. Current focus will be
on advancing exploration activity at the Harts Range Niobium, Uranium and
Heavy Rare Earths Project which is circa 140km north-east from Alice Springs
in the Northern Territory.

 

Other interests include the NWQ Copper Project, situated in the copper-belt
district circa 150km north of Mt Isa in Queensland and the Broken Hill Project
in western New South Wales.

 

New Frontier Minerals is listed on the LSE and ASX under the ticker "NFM".

 

Competent Persons Statement

The scientific and technical information in this announcement, which relates
to exploration results and the geology of the deposits described, is based on
information compiled and approved for release by Mark Biggs. Mark Biggs is a
Member of The Australasian Institute of Mining and Metallurgy (AusIMM Member #
107188) and meets the requirements of a Competent Person as defined by the
2012 Edition of the Australasian Code for Reporting of Exploration Results,
Mineral Resources and Ore Reserves (JORC Code 2012 Edition). Mark Biggs has 35
years of experience relevant to Rare Earth Elements (REE), industrial mineral
copper mineralisation types, as well as expertise in the quality and potential
mining methods of the deposits under consideration. Additionally, he has 25
years of experience in the estimation, assessment, and evaluation of
exploration results and mineral resource estimates, which are the activities
for which he accepts responsibility. He also successfully completed an AusIMM
Online Course Certificate in 2012 JORC Code Reporting. Mark Biggs is a
consultant with ROM Resources and was engaged by New Frontier Minerals Limited
to prepare the documentation for several prospects, specifically those within
the Harts Range Prospects upon which the Report is based. Mr Biggs consents to
the inclusion in this announcement of the matters based on his information and
supporting documents in the form and context in which it appears.

 

Furthermore, the full nature of the relationship between himself and New
Frontier Minerals Limited has been disclosed, including any potential
conflicts of interest. Mark Biggs is a director of ROM Resources, a company
that is a shareholder of New Frontier Minerals Limited, and ROM Resources
provides occasional geological consultancy services to New Frontier Minerals
Limited.

 

The Report or excerpts referenced in this statement have been reviewed,
ensuring that they are based on and accurately reflect, in both form and
context, the supporting documentation relating to exploration results and any
mineral resource estimates. The release of the Report and this statement has
been consented to by the Directors of New Frontier Minerals Limited.

 

Forward Looking Statements

Certain information in this document refers to the intentions of New Frontier
Minerals Ltd, but these are not intended to be forecasts, forward-looking
statements, or statements about future matters for the purposes of the
Corporations Act or any other applicable law. The occurrence of events in the
future is subject to risks, uncertainties and other factors that may cause New
Frontier Minerals Ltd's actual results, performance, or achievements to differ
from those referred to in this announcement. Accordingly, New Frontier
Minerals Ltd, its directors, officers, employees, and agents, do not give any
assurance or guarantee that the occurrence of the events referred to in this
announcement will occur as contemplated. The interpretations and conclusions
reached in this announcement are based on current geological theory and the
best evidence available to the authors at the time of writing. It is the
nature of all scientific conclusions that they are founded on an assessment of
probabilities and, however high these probabilities might be, they make no
claim for complete certainty. Any economic decisions that might be taken based
on interpretations or conclusions contained in this announcement will
therefore carry an element of risk. The announcement may contain
forward-looking statements that involve several risks and uncertainties. These
risks include but are not limited to, economic conditions, stock market
fluctuations, commodity demand and price movements, access to infrastructure,
timing of approvals, regulatory risks, operational risks, reliance on key
personnel, Ore Reserve and Mineral Resource estimates, native title, foreign
currency fluctuations, exploration risks, mining development, construction,
and commissioning risk. These forward-looking statements are expressed in good
faith and believed to have a reasonable basis. These statements reflect
current expectations, intentions or strategies regarding the future and
assumptions based on currently available information. Should one or more of
the risks or uncertainties materialise, or should underlying assumptions prove
incorrect, actual results may vary from the expectations, intentions and
strategies described in this announcement. No obligation is assumed to update
forward-looking statements if these beliefs, opinions, and estimates should
change or to reflect other future developments.

 

 

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