REG - New Frontier Mineral - Geophysical survey commences at Harts Range
20/01/2025 07:00
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RNS Number : 8596T New Frontier Minerals Limited 20 January 2025
20 January 2025
New Frontier Minerals Limited
("NFM" or the "Company")
NFM commences leading edge geophysical survey at Harts Range Project, Northern
Territory
New Frontier Minerals Ltd (LSE and ASX: NFM) is pleased to announce the
high-resolution, helicopter-borne radiometric and magnetic survey is now
underway at the Harts Range Uranium, Niobium and Heavy Rare Earths Project
(Harts Range Project), located 140km north-east of Alice Springs in the
Northern Territory.
New Resolution Geophysics( 1 ) (NRG) has commenced the high-resolution,
helicopter-borne radiometric and magnetic survey at the Harts Range Project.
The survey aims to expedite exploration over untested areas, identify
additional targets and explore extensions of known Uranium, Niobium, and Heavy
Rare Earths mineralisation( 2 ).
Importantly, it will assist the geology team to delineate and prioritise
drilling targets.
Highlights:
· NFM has commenced a high-resolution, helicopter-borne radiometric and
magnetic survey at the Harts Range Project
· The geophysical survey data will expedite exploration regionally over
untested areas and help identify extensions of known occurrences of Uranium,
Niobium, and Heavy Rare Earths mineralisation( 3 )
· A key focus will be studying pegmatites within the tenure, identified
through the analysis of publicly available satellite imagery
· Combining the geophysical survey data with historical data will
enhance confidence for target generation and planned drilling
Ged Hall, Chairman, commented: "The commencement of the helicopter-borne
radiometric and magnetic survey represents an essential first step at the
Harts Range Project as part of an overall methodical and systematic
exploration campaign. Notably, it will deepen our knowledge of the underlying
structures to better define and delineated targets for drill-testing for
Uranium, Niobium and Heavy Rare Earths mineralisation that has the potential
to create significant value for shareholders."
RADIOMETRIC AND MAGNETIC SURVEY COMMENCES
Previous exploration at the Harts Range Project identified multiple
occurrences of high-grade Uranium-Niobium and Heavy Rare Earths mineralisation
associated with radioactive pegmatites 4 .
Utilising open-sourced satellite imagery, a preliminary satellite image
desktop interpretation has visually identified numerous pegmatites across the
project area (Figure 1).
Figure 1: Interpreted pegmatites at Harts Range Project (Source: NT Geological
Survey 5 )
The desktop interpretation is preliminary and the NFM geological team plans
to verify all geological features identified as pegmatites on the ground.
However, in areas with dense vegetation, some pegmatites may have been
overlooked. By integrating geophysical data with the interpreted pegmatites,
the team will generate additional targets for ground verification and
prioritise them for drilling.
NEXT STEPS:
· Completion of the Heliborne Geophysical Survey is expected to
occur in January 2025 and the geophysical data interpretation is scheduled for
completion in February 2025,
· Ongoing regional rock chip sampling, mapping and fieldwork at the
Harts Range Project, and
· Planning and formulating the inaugural drilling campaign through
reconciling the geophysical survey results with the desktop interpretations
and further field work.
ENDS
This announcement was approved for release by the Board of New Frontier
Minerals Limited.
For further information please contact
New Frontier Minerals Limited +61 8 6558 0886
Gerrard Hall (UK), Chairman
SI Capital Limited (Financial Adviser and Corporate Broker) +44 (0)1483 413500
Nick Emerson
Gracechurch Group (Financial PR) +44 (0)20 4582 3500
Harry Chathli, Alexis Gore, Henry Gamble
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
I, Mark Biggs, confirm that I am the Competent Person for the Competent Person
Report from which the information to be publicly released in this ASX
statement (dated 20(th) January 2025) has been obtained and confirm that:
• I have read and understood the requirements of the 2012 Edition of the
Australasian Code for Reporting of Exploration Results, Mineral Resources and
Ore Reserves (JORC Code, 2012 Edition) and the relevant sections of Chapter 5
and Guidance Note 31 from the ASX Listing Rules.
• I am a Competent Person as defined by the JORC Code 2012 Edition, having
35 years of experience that is relevant to the REE, industrial mineral, and
copper mineralisation types, quality and potential mining method(s) of the
deposit(s) described in the Report. In addition, I have 21 years of
experience in the estimation, assessment and evaluation of Exploration Results
and Mineral Resource Estimates, the activity for which I am accepting
responsibility.
• I am a Member of The Australasian Institute of Mining and Metallurgy
(Member # 107188).
• I have reviewed the Report or Excerpt from the Report to which this
Consent Statement applies.
• I am a consultant working for ROM Resources and have been engaged by New
Frontier Minerals Lt to prepare the documentation for various prospects within
the Harts Range Prospect area on which the Report is based.
In addition:
• I have disclosed to New Frontier Minerals Limited the full nature of the
relationship between myself and the Company, including any issues that could
be perceived by investors as a conflict of interest. Mr Biggs is a director
of ROM Resources, a company which is a shareholder of New Frontier Minerals
Limited. ROM Resources provides ad-hoc geological consultancy services to
New Frontier Minerals Limited.
• I verify that the Report is based on and fairly and accurately reflects
in the form and context in which it appears, the information in my supporting
documentation relating to exploration results and any Mineral Resource
Estimates.
• I consent to the release of the Report and this Consent Statement by the
Directors of New Frontier Minerals Ltd.
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.
APPENDIX A: GEOLOGICAL DISCUSSION
Expanded Assay Results Table and Plans
The purpose of fieldwork completed in mid-November 2024 was to assess
historical prospects and areas of interest that were not visited during the
October 2024 due diligence site visit. A total of thirteen (13) rock chip
samples were collected during the November 2024 Harts Range site visit by a
New Frontier Minerals Limited (NFM) geological team and have been recently
reported publicly (NFM 2024c; see Figure AA-1). This is in addition to the
five (5) samples collected in early October 2024 (NFM 2024b).
All samples were bagged and submitted to Intertek Perth (Malaga) Laboratory to
test for a broad multi-element sodium peroxide fusion (FP6) method of
analysis. The sodium peroxide fusion (FP6) method is ideal for analysing and
reporting the HREE's, Nb and U. Additionally, the Intertek Laboratory is
equipped to deal with any highly radioactive samples.
The assay results continue to promote highly anomalous U, Nb, W, Pb and
various heavy rare earth elements (particularly Dy, Tb, and Tm). These
results also highlighted four (4) surface samples exceeding 1.5% copper, three
(3) of which are at the Cusp North Prospect.
Previous reporting (NFM 2024c) did not provide all the sample assay results,
and in addition clearer sample location plans are now included. It should be
noted that four (4) of the samples (HRS008-10; HRS0013) returned slightly
anomalous gold results, which were also not previously commented upon. These
values ranged between 0.07 to 0.098 g/t.
Locations and descriptions of the samples collected are given in Figures AA-3
to 7, with complete laboratory results given for various elements in Table
AA-1.
Pegmatite Interpretation
The NFM Team inspected the main accessible prospects and areas of interest on
western margins of the Entia Dome between 18th-22nd November 2024 (See Figure
AA-1; Das 2024, NFM 2024c).
Pegmatite dykes in the area are reasonably plentiful and intrude into various
rock-types of various ages. There is potential for them to have been derived
by partial melting of underlying geology or younger granites and have been
seen with anomalous enrichment in Uranium, Niobium and HREEs. There are
almost certainly more pegmatites with a similar U-REE signature in the
district. They are not always visible in airborne imagery. Several
previously unmapped pegmatites were encountered fortuitously along tracks
whilst driving around.
The interpretation given in Figure AA-2 is preliminary and the NFM geological
team intend on ground truthing all geological features that have been
interpreted as pegmatites. It is also possible that, especially in the more
vegetated areas, pegmatites could have been missed. The geophysical data
combined with the interpreted pegmatites will provide further targets for
ground truthing and prioritisation for drilling.
Figure AA-1: Harts Range Mineral Prospects
Figure AA-2: Interpreted pegmatites at Harts Range Project
(Source: NT Geological Survey "Strike" portal(2))
Cusp and Cusp North Prospect
Regarding the results, the Cusp samples are in line with previously reported
Nb-U-HREE values as expected. As noted, there are some high-grade (>1.5%)
copper, results (north of Cusp) over a significant strike length. Further
fieldwork is required to fully understand this occurrence.
The Cusp North copper zone is a foliated felsic unit, with the foliations
comprised of biotite, quartz, and orthoclase. Malachite and azurite are
disseminated within matrix of the unit. Broken pieces up to 30cm below
surface indicate the mineralisation was not surface staining.
Assay results from rock chip samples from the third field trip returned
anomalous silver and copper (refer to Table AA-1 and see Figure AA-3 as an
example).
Figure AA-3: Copper-enriched hand samples - sample number HRS010
Figure AA-4: Rock Chip Sample Locations at Cusp and Cusp North Prospect
Notes: Coordinate system is MGA94-Z53S. Sample Locations show Niobium (pink)
and Copper (light blue); both in ppm.
Bobs and Bobs West Prospect
The new sampling, particularly at Bob's Prospect returned very high levels of
Nb, as high as 7% as illustrated in Figure AA-5.
Figure AA-5: Rock Chip Sample Locations at Bobs and Bobs West Prospect
Notes: Coordinate system is MGA94-Z53S. Sample Locations show Niobium (pink)
and Copper (light blue); both in ppm.
Dune Prospect
The new sampling at the Dune Prospect did not produce any anomalous results of
Nb nor Cu, as illustrated in Figure AA-6.
Figure AA-6: Rock Chip Sample Locations at Dune Prospect
Notes: Coordinate system is MGA94-Z53S. Sample Locations show Niobium (pink)
and Copper (black); both in ppm.
Big Jay Prospect
Several pegmatite outcrops at the Big Jay Prospect were sampled, and assay
testing returned slightly anomalous niobium results as presented in Figure
AA-7. Further mapping and sampling are warranted in this locality.
Figure AA-7: Rock Chip Sample Locations at Big Jay Prospect
Notes: Coordinate system is MGA94-Z53S. Sample Locations show Niobium (pink)
and Copper (light blue); both in ppm.
References
Barfuss, R. 2007, "A Brief report on Samarskite Mineralisation in the Harts
Range Project" (Barfuss Corporation Pty Ltd): (unpublished report).
Barfuss, R. 2014, The Harts Range Project Exploration Licence (EL 24552) -
(Barfuss Corporation Pty Ltd)
Castillo Copper Limited, 2024a, ASX Release "CCZ To Acquire Highly Prospective
Niobium, Uranium-Heavy Rare Earth Project, 14th October 2024, 27pp.
Castillo Copper Limited, 2024b, ASX Release "High-Grade Assays Up To 29.80%
Nb2O5 & 14.04% U3O8 Validate Harts Range Project Potential, 6TH November
2024, 18pp.
Das, K., 2024, Note on November Harts Range field reconnaissance trip, Audax
Holdings memo, prepared for New Frontier Minerals Dec 2024, 27pp.
Caughey, A.R., 2007 Annual Report for Exploration Licence EL24552 for the
period ending 25th August 2007 (Flagstaff Geo Consultants Pty Ltd.), November
2007 (for Barfuss Corporation Pty. Ltd.)
Caughey, R. 2002 to 2006: various unpublished reports for Barfuss Corporation
Pty. Ltd.
PNC Exploration (Australia) 1997 various open-file tenement annual, final, and
partial relinquishment reports,1994 to 1997; Report Numbers CR1994-0325,
CR9950298, CR1995-0525, CR1995-0697, CR-1996-0285, CR1996-0286, CR-1997-0611.
New Frontier Minerals, 2024a, Transformative Northern Territory Uranium
Acquisition Nov 2024, PowerPoint presentation published to the ASX, 32pp.
New Frontier Minerals, 2024b, Geophysical Data to define drill targets at
Harts Range, Northern Territory, published to ASX, 10TH December 2024, 6pp.
New Frontier Minerals, 2024c, Harts Range Boasts Extended Mineralisation with
Record-High Niobium, Dysprosium, and Terbium Grades, published to ASX, 13TH
January 2025, 27pp.
Rutter, H. 2006. 'An analysis of airborne radiometric data from the Harts
Range, N.T.' (Flagstaff Geo Consultants Pty Ltd.) (unpublished report).
Shaw, R.D., Senior, B.R., Offe, L.A., Stirzaker, J.F., Walton, D.G., Apps,
H.E., Freeman, M.J., 1985, 1:250,000 Geological Map Series Explanatory Notes
Illogwa Creek SF53-15. Bureau of Mineral Resources Australia & Northern
Territory Geological Survey,1985.
Open file company reports sourced from the Northern Territory Mineral Industry
Reports Management System Available at:
https://geoscience.nt.gov.au/gemis/ntgsjspui/handle/1/3
(https://geoscience.nt.gov.au/gemis/ntgsjspui/handle/1/3)
Spatial Territory Resource Information Kit for Exploration (STRIKE); NT
Government Available at: http://strike.nt.gov.au/wss.html
(http://strike.nt.gov.au/wss.html)
Scrimgeour IR, 2013. Chapter 29: Irindina Province: in Ahmad M and Munson TJ
(compilers). 'Geology and mineral resources of the Northern Territory'.
Northern Territory Geological Survey, Special Publication5.
Selway K, Heinson G and Hand M, 2006: Electrical evidence of continental
accretion: Steeply dipping crustal-scale conductivity contrast. Geophysical
Research Letters 33, L06305, doi:10.1029/2005GL025328.
IGO Exploration Activities in Northern Territory. 2024 Annual Report (p.6) IGO
ASX Release - 29 August 2024. Available at:
https://www.igo.com.au/site/investorcenter/annual-reports
Table AA-1: Assay Results for New Frontier Minerals Harts Range Rock Chip
Sampling
Sample No Easting Northing AHD (GPS) Rock Type Ag (ppm) Al (%) As(ppm) Au(g/t) B(ppm) Ba(ppm) Be(ppm) Bi(ppm) Ca (%) Ce(ppm) Cs(ppm) Cu(ppm) Dy(ppm) Dy2O3 (ppm) Er(ppm) Er2O3(ppm) Eu(ppm) Eu2O3(ppm) Fe (%)
HRS001 506176 7447415 635.6 Pegmatite <0.02 0.63 24 nd <5 1595 12 508.2 1.8 485 0.8 nd 13498.2 15491.7 7418.8 8483.2 184.1 213.1 1.3
HRS002 506168 7447412 669.1 Pegmatite <0.02 0.4 26 nd 62 846 7 621.5 1.6 429 0.6 nd 14211.6 16310.5 7840.9 8966 188.5 218.3 1.16
HRS003A 507859 7447753 645.1 Pegmatite 14 0.28 <5 nd <5 172 <0.5 130.2 0.4 2201 0.3 nd 11220.2 12877.4 4077.4 4662.4 163.5 189.3 6.41
HRS003B 507860 7447755 646.2 Pegmatite <0.02 0.23 <5 nd <5 11 <0.5 1.4 0.2 12 0.2 nd 80.3 92.1 28.9 33 1.2 1.4 0.75
HRS004 507859 7447754 654.3 Pegmatite 12 0.35 <5 nd <5 97 <0.5 101.2 0.3 716 0.8 nd 9860.9 11317.3 3589.9 4105 143.8 166.5 5.62
HRS006 510106 7450427 592.1 Schist <0.02 8.92 <5 <0.02 <5 64 2 0.1 7.9 254 0.5 2 6.1 7.0 2.3 2.6 1.5 1.7 3.34
HRS007 510122 7450655 627.9 Granite <0.02 7.04 <5 <0.02 <5 2024 <0.5 0.2 0.3 16 0.6 2 0.6 0.7 0.3 0.3 1.8 2.1 0.41
HRS008 507726 7448141 601.8 Schist 5 8.84 <5 0.083 <5 1411 <0.5 9 2.8 86 2.9 21452 27.6 31.7 16.1 18.4 2.2 2.5 1.83
HRS009 507730 7448076 610.6 Schist 7 9.34 <5 0.067 <5 495 <0.5 13.9 4 80 2.5 21504 26.6 30.5 16 18.3 2 2.3 1.74
HRS010 507737 7448047 644.1 Schist 6 9.15 <5 0.07 <5 1560 <0.5 12.6 2.9 98 2.9 16514 27 31.0 15.3 17.5 2.1 2.4 1.81
HRS011 507848 7447749 648.4 Pegmatite 12 0.6 <5 <0.02 <5 168 <0.5 122.8 0.3 1009 1.1 398 14673 16840.1 5464.1 6248.1 205.5 237.9 8.06
HRS012 507848 7447755 709.4 Pegmatite 8 1.2 496 <0.02 <5 948 12 100 1.1 1775 3.2 316 10878 12484.6 6818.4 7796.7 158.2 183.2 5.39
HRS013 505947 7448424 629.3 Pegmatite <0.02 6.72 <5 0.098 <5 1573 <0.5 7.9 0.2 14 2.9 22548 9.7 11.1 5 5.7 1.5 1.7 1.43
HRS014 506097 7447593 638.2 Pegmatite <0.02 9.7 <5 <0.02 <5 61 27 0.7 1.3 5 1.6 90 1.8 2.1 0.8 0.9 0.3 0.3 0.34
HRS015 506104 7447590 624.0 Pegmatite <0.02 15.03 <5 <0.02 88 164 15 1.2 0.5 392 61.8 75 59.3 68.1 19.3 22.1 1.4 1.6 2.77
HRS016 506736 7445987 604.8 Pegmatite <0.02 8.18 <5 <0.02 <5 114 12 26 1.1 7 4.5 22 83.8 96.2 76.2 87.1 0.3 0.3 2.2
HRS017 506775 7445989 610.4 Pegmatite <0.02 7.73 <5 <0.02 73 196 15 1 0.9 9 33.1 24 31.8 36.5 49.5 56.6 0.4 0.5 1.85
HRS018 506686 7445972 700.5 Pegmatite <0.02 8.02 <5 <0.02 <5 226 8 1 0.8 4 4.1 2 14.4 16.5 16.9 19.3 0.2 0.2 1.05
Sample No Ga(ppm) Gd(ppm) Gd2O3 (ppm) Hf(ppm) Ho(ppm) Ho2O3 In(ppm) K(%) La(ppm) Li(ppm) Lu(ppm) Lu2O3 (ppm) Mg (%) Nb(ppm) Nb2O5 (ppm) Nd(ppm) Nd2O3 (ppm) P(ppm) Pb(ppm) Pr (ppm) Pr6O11 (ppm) Rb(ppm) Sb(ppm)
HRS001 5 5642.2 6503.3 241.1 2535.4 2904.3 0.2 0.23 232.8 <0.2 782.1 889.4 0.1 63681 91097 1073 1251.5 0.15 7963 142.4 172 9.6 49.9
HRS002 4 6136.2 7072.7 292.4 2678.2 3067.9 <0.1 0.2 114.7 <0.2 841.2 956.5 0.09 70396 100702 1031.7 1203.3 0.06 6279 117.6 142 7.4 60.8
HRS003A 12 7308.8 8424.3 277.6 1687.3 1932.9 0.3 0.11 683.7 <0.2 344 391.2 0.23 208349 298048 3013 3514.3 0.09 4460 425.6 514.2 2.7 5.4
HRS003B 2 52.6 60.6 2.6 11.9 13.6 <0.1 0.18 3.2 <0.2 2.6 3 <0.05 1527 2184 19.9 23.2 <0.01 47 2.6 3.1 6.6 <1
HRS004 12 6318.7 7283 209.1 1516.6 1737.3 0.2 0.19 61.1 <0.2 308.7 351.1 0.2 178005 254640 2023.8 2360.5 0.01 4073 212.3 256.6 17 4
HRS006 15 9.6 11.1 8.1 1 1.1 <0.1 0.57 116 6 0.3 0.3 10.47 31 44 87.6 102.2 0.05 <0.2 24.6 29.7 27.4 1.5
HRS007 12 0.8 0.9 0.9 0.1 0.1 <0.1 6.19 9.2 7 <0.1 <0.2 0.02 <2 <2 5 5.8 <0.01 26 1.4 1.7 192.7 1.1
HRS008 13 20.3 23.4 0.8 5.8 6.6 0.1 5.99 30.4 18 1.5 1.7 0.96 27 39 44.8 52.3 0.72 41 10.4 12.6 193.3 2.2
HRS009 14 19.2 22.1 0.2 5.6 6.4 0.1 1.84 31.2 13 1.5 1.7 0.68 11 16 44 51.3 0.61 22 10.3 12.4 84.8 <1
HRS010 14 19.2 22.1 0.2 5.5 6.3 0.1 3.82 39.5 14 1.4 1.6 0.74 11 16 51.9 60.5 0.6 29 12.5 15.1 155.6 2.1
HRS011 16 8997 10369.9 277.1 2261.5 2590.6 0.4 0.43 92.6 9 447.9 509.4 0.06 220063 314805 2791.7 3256.2 0.02 5404 292.7 353.8 24.4 3.9
HRS012 16 4976 5735.3 353.4 2117.2 2425.3 0.2 0.92 722.5 <0.2 1402.5 1595.1 0.02 137891 197256 1590.1 1854.6 0.3 16204 269.1 325.3 76.8 286.4
HRS013 8 5.8 6.7 1.5 1.8 2.1 0.3 6.79 7.2 <0.2 0.9 1.0 0.15 125 179 7.1 8.3 0.09 78 1.7 2.1 263.3 2.3
HRS014 28 1.2 1.4 0.1 0.3 0.3 <0.1 0.83 3.7 9 0.1 0.1 <0.05 32 46 3.1 3.6 <0.01 140 0.8 1.0 36.3 1.5
HRS015 90 65.6 75.6 40.5 8 9.2 <0.1 6.44 155.7 84 2 2.3 0.54 488 698 197.2 230.0 0.04 74 48.6 58.7 1032.7 1.9
HRS016 35 20.4 23.5 21.2 21 24.1 <0.1 0.89 4.8 20 13.3 15.1 0.07 234 335 6.8 7.9 0.02 89 1.4 1.7 88.4 4.4
HRS017 34 6.8 7.8 18.3 10.5 12.0 <0.1 1.86 4.7 25 15.4 17.5 0.06 223 319 5.4 6.3 0.01 67 1.4 1.7 282.5 4.5
HRS018 33 3.6 4.1 4 4 4.6 <0.1 2.19 4.6 6 4 4.5 0.06 73 104 3.9 4.5 0.01 72 0.9 1.1 198.7 1
Sample No Sc(ppm) Si (%) Sm (ppm) Sm2O3 (ppm) Sn(ppm) Sr(ppm) Ta(ppm) Ta2O5 (ppm) Tb(ppm) Tb4O7 (ppm) Te (ppm) Th(ppm) Ti(%) Tm(ppm) Tm2O3 (ppm) U(ppm) U3O8 (ppm) V(ppm) W(ppm) Y(ppm) Yb(ppm) Yb2O3 (ppm) Zr(ppm)
HRS001 34 1.9 1806.7 2095 20 253 171562.5 209486.4 1715.4 2017.6 <0.5 11061 11.67 1127.3 1287.4 114345.5 134840.8 112 1194 93860.1 7174.7 8169.7 1763
HRS002 36 0.9 1953.8 2265.6 21 190 188492 230158.2 1844.9 2169.9 <0.5 10794.4 11.57 1203 1373.9 119046.7 140384.6 59 1305 108079.8 7776.8 8855.3 1866
HRS003A 62 11.8 3429 3976.2 25 97 51307.1 62648.6 1756.4 2065.8 <0.5 11440.2 1.4 559 638.4 85638.7 100988.6 75 8136 56791.4 3334.3 3796.7 3032
HRS003B <5 46.9 24.3 28.2 <1 <10 471.1 575.3 12.7 14.9 <0.5 81.2 0.05 3.9 4.5 613.7 723.7 <5 82 437.7 24.8 28.3 26
HRS004 56 16.2 2828.6 3279.9 21 75 39047.1 47678.5 1525 1793.7 <0.5 9651.5 1.06 492.2 562.2 72383.3 85357.3 53 7565 48979.3 2964.1 3375.2 2313
HRS006 28 21.4 14.5 16.8 6 122 1.5 1.8 1.2 1.4 <0.5 47.9 0.79 0.4 0.5 1.8 2.1 198 3 26.6 2.5 2.8 250
HRS007 <5 36.1 1 1.2 <1 166 1.3 1.6 <0.1 <0.1 <0.5 0.8 <0.05 <0.1 <0.1 0.7 0.8 <5 <1 3.1 0.4 0.5 24
HRS008 <5 28.7 15.5 18.0 <1 229 3.2 3.9 3.9 4.6 16 3.5 0.2 2.1 2.4 7.6 9.0 52 2 147.7 11.4 13.0 16
HRS009 <5 29.1 14.1 16.3 <1 343 1 1.2 3.7 4.4 14 5 0.14 2 2.3 2.7 3.2 <5 3 147.4 11.6 13.2 <5
HRS010 <5 28.5 15.9 18.4 <1 397 0.7 0.9 3.7 4.4 17 2.9 0.15 2 2.3 2.3 2.7 <5 3 143.5 10.8 12.3 <5
HRS011 79 2.1 3989.5 4626.0 31 98 47613.9 58139.0 2217.9 2608.7 <0.5 13791.6 1.47 741 846.4 106180.7 125212.5 67 8311 68192 4433.8 5048.7 2960
HRS012 129 4.3 1831.8 2124.1 47 1077 74803.1 91338.3 1420.8 1671.1 <0.5 9667.7 1.02 1207.8 1379.6 72025.6 84935.5 123 4982 59770.6 9543.5 10867.1 3051
HRS013 <5 32.9 2.9 3.4 <1 189 55.5 67.8 1.3 1.5 1 8.7 0.05 0.9 1.0 51.9 61.2 <5 9 48.9 6.1 6.9 72
HRS014 <5 35.1 1.1 1.3 <1 43 9.7 11.8 0.3 0.4 <0.5 1.6 <0.05 0.1 0.1 8 9.4 <5 2 8.7 0.7 0.8 17
HRS015 <5 24.3 74 85.8 4 49 258.6 315.8 10.9 12.8 <0.5 166.1 0.19 2.8 3.2 93.7 110.5 78 32 375.8 18.1 20.6 286
HRS016 <5 35.2 5.7 6.6 3 34 38.2 46.6 7.6 8.9 <0.5 22.8 <0.05 13.3 15.2 48.4 57.1 <5 4 804.7 99.6 113.4 211
HRS017 21 34.8 2.8 3.2 6 42 35.5 43.3 2.5 2.9 <0.5 13.1 <0.05 10.4 11.9 37.6 44.3 <5 4 279.2 92.1 104.9 276
HRS018 <5 35.6 1.3 1.5 3 50 15.8 19.3 1.2 1.4 <0.5 3.5 <0.05 3.2 3.7 8.7 10.3 <5 6 155.1 27 30.7 35
Notes: ND is not determined. All results in ppm unless otherwise specified.
APPENDIX B: JORC CODE, 2012 EDITION - TABLE 1
The following JORC Code (2012 Edition) Table 1 is primarily supplied to
provide background for a geological mapping, and rock chip sampling program,
conducted by New Frontier Minerals geologists, from several prospects within
the Harts Range Project in late November 2024. This release has provided
updated sample location plans and tables of rock chip samples not previously
reported, and information on ongoing interpretation of pegmatite outcrops
using airborne imagery.
Section 1 Sampling Techniques and Data
Criteria • JORC Code explanation • Commentary
Sampling techniques • Nature and quality of sampling (e.g. cut channels, random chips, • Surface samples were collected from approximately a 3m radius
or specific specialised industry standard measurement tools appropriate to the around the recorded co-ordinate location. The rock chip fragments that were
minerals under investigation, such as down hole gamma sondes, or handheld XRF collected to make up the sample included fragments that approximately ranged
instruments, etc). These examples should not be taken as limiting the broad from 2-5cm and 0.2 - 3kg in weight. A total of thirteen (13) rock chip
meaning of sampling. samples were collected in calico bags and were progressed for laboratory
analysis (sample numbers range from HRS006 to 18). Samples were collected from
• Include reference to measures taken to ensure sample rock outcrops, soils, and occasionally mullock heaps in the vicinity of west
representivity and the appropriate calibration of any measurement tools or to east trending pegmatite dykes. Many of the surface samples contained the
systems used. U-bearing mineral samarskite. Samples were collected from rock outcrops in the
vicinity of west to east trending pegmatite dykes. Many of the surface
• Aspects of the determination of mineralisation that are Material samples contained the U-bearing mineral samarskite. The radioactivity of the
to the Public Report. samples was determined by a RadEye instrument in the field.
• In cases where 'industry standard' work has been done this would
be relatively simple (e.g. 'reverse circulation drilling was used to obtain 1
m samples from which 3 kg was pulverised to produce a 30 g charge for fire
assay'). In other cases, more explanation may be required, such as where there
is coarse gold that has inherent sampling problems. Unusual commodities or
mineralisation types (e.g. submarine nodules) may warrant disclosure of
detailed information.
Drilling techniques • Drill type (e.g. core, reverse circulation, open-hole hammer, rotary air · Not Applicable - no exploration drilling results as none were
blast, auger, Bangka, sonic, etc) and details (e.g. core diameter, triple or drilled.
standard tube, depth of diamond tails, face sampling bit or other type,
whether core is oriented and if so, by what method, etc).
Drill sample recovery • Method of recording and assessing core and chip sample recoveries · Not Applicable - no exploration drilling results as no holes were
and results assessed. drilled.
• Measures taken to maximise sample recovery and ensure representative
nature of the samples.
Whether a relationship exists between sample recovery and grade and whether
sample bias may have occurred due to preferential loss/gain of fine/coarse
material.
Logging • Whether core and chip samples have been geologically and · Descriptions of the rock chip and soil samples are given in a table
geotechnically logged to a level of detail to support appropriate Mineral contained in Appendix A of this CCZ's ASX Announcement dated the 20(TH) of
Resource estimation, mining studies and metallurgical studies. January 2025.
• Whether logging is qualitative or quantitative in nature. Core (or · Where appropriate strike and dip measurements were taken at several
costean, channel, etc) photography. sites, additional to the thirteen (13) rock chip sample sites. Measuring
bedding is difficult because of the high metamorphically - disturbed rock
• The total length and percentage of the relevant intersections types.
logged.
Subsampling techniques and sample preparation • If core, whether cut or sawn and whether quarter, half or all core · Of the sample collected about 0.3-2kg of rock chip were presented for
taken. analyses.
• If non-core, whether riffled, tube sampled, rotary split, etc and · Assays were done by independent laboratory Intertek Pty Ltd at Malaga
whether sampled wet or dry. in Perth WA during November -December 2024, with the final reported dated
10/1/2025.
• For all sample types, the nature, quality, and appropriateness of
the sample preparation technique. · The received samples were sorted and dried. Primary preparation was
then by crushing the whole sample. The whole sample was pulverised in a
• Quality control procedures adopted for all sub-sampling stages to vibrating disc pulveriser.
maximise representivity of samples.
· All samples were initially crushed to 4 mm then pulverised to 75
• Measures taken to ensure that the sampling is representative of the microns, with at least 85% passing through 75 microns. Standard sample
in-situ material collected, including for instance results for field preparation (including crushing) and analyses procedures were performed on all
duplicate/second-half sampling. samples and are considered appropriate techniques for the type and size of
surface rock chip samples collected.
• Whether sample sizes are appropriate to the grain size of the
material being sampled.
Quality of assay data and laboratory tests • The nature, quality and appropriateness of the assaying and Analytical Methods are described in detail as follows:
laboratory procedures used and whether the technique is considered partial or
total. Au, Pt, Pd
• For geophysical tools, spectrometers, handheld XRF instruments, etc, · The samples have been analysed by firing a 40g (approx.) portion of
the parameters used in determining the analysis including instrument make and the sample. This is the classical fire assay process and will give total
model, reading times, calibrations factors applied and their derivation, etc. separation of Gold, Platinum, and Palladium in the sample. These have been
determined by Inductively Coupled Plasma (ICP) Mass Spectrometry. The
• Nature of quality control procedures adopted (eg standards, blanks, sample(s) have been digested with a mixture of acids including Hydrofluoric,
duplicates, external laboratory checks) and whether acceptable levels of Nitric, Hydrochloric and Perchloric Acids. This digest approaches a total
accuracy (ie lack of bias) and precision have been established. digest for many elements however some refractory oxides are not completely
attacked.
· The mineral Cassiterite is not efficiently attacked with this digest.
· If Barium occurs as the Sulphate mineral, then at high levels (more
than 4000 ppm) it may re-precipitate after the digest giving seriously low
results. Using this digest, some sulphur losses may occur if the samples
contain high levels of sulphide.
Cu, Zn, Co, Ni, Mn, P, Sc, V, Al, Ca, Na, K, S
have been determined by Inductively Coupled Plasma (ICP) Optical Emission
Spectrometry.
As, Ag, Ba, Be, Bi, Cd, Ga, Li, Mo, Pb, Sb, Sn, Sr, W, Y, La, Ce, Pr, Nd, Sm,
Eu, Gd, Tb, Dy, Ho, Er, Tm, Yb, Lu, Th, U, Se, In, Te, Cs, Re, Tl
· have been determined by Inductively Coupled Plasma (ICP) Mass
Spectrometry. The samples have been fused with Sodium Peroxide and
subsequently the melt has been dissolved in dilute Hydrochloric acid for
analysis. Because of the high furnace temperatures, volatile elements are
lost. This procedure is particularly efficient for determination of Major
element composition (Including Silica) in the samples or for the determination
of refractory mineral species.
B, Cr, Si, Fe, Mg, Ti
· have been determined by Inductively Coupled Plasma (ICP) Optical
Emission Spectrometry.
Ge, Ta, Hf, Zr, Nb, Rb
· have been determined by Inductively Coupled Plasma (ICP) Mass
Spectrometry.
· The assay results were in line with previous rock chip and drilling
results obtained since 2006 at Harts Range, and the batch of five rock chip
samples collected in October 2024.
Verification of sampling and assaying • The verification of significant intersections by either independent · Independent Laboratory assaying by Intertek has confirmed, within
or alternative company personnel. acceptable limits, the occurrences of high-grade Nb, U, and REE from the
initial in field XRF readings. Laboratory standards, duplicates and blanks
• The use of twinned holes. were used in accordance with standard procedures for geochemical assaying as
noted below.
• Documentation of primary data, data entry procedures, data
verification, data storage (physical and electronic) protocols. · It has met the recommended insertion rates for the company QAQC
controls (standards, blanks) with an overall insertion rate of 20%. However,
• Discuss any adjustment to assay data. no field duplicates were included in the two (2) batches and is recommended
that 3% be included in future sampling programs.
· Both the laboratory standards and blanks were verified for elements
Nb, U and Dy and returned results within 2 standard deviations (SD). Field
duplicates are not present in the batch therefore were not reviewed.
Location of data points • Accuracy and quality of surveys used to locate drill holes (collar · The spatial location for the rock chips and soils collected during
and down-hole surveys), trenches, mine workings and other locations used in the November 2024 fieldwork were collected by handheld GPS (-/+ 5m accuracy)
Mineral Resource estimation. [MGA94 Zone53]: The table of reported rock chip locations and descriptions are
given in throughout the ASX release and in Figure AA-1 (at the end of the
• Specification of the grid system used. section).
• Quality and adequacy of topographic control.
Data spacing and distribution • Data spacing for reporting of Exploration Results. · The Harts Range licenses lie north-west of the Entia Dome and are
underlain by the Harts Range Group (Harts Range Meta-igneous Complex), which
• Whether the data spacing, and distribution is sufficient to predominantly consists of feldspar-biotite-amphibole-garnet gneisses. The
establish the degree of geological and grade continuity appropriate for the Harts Range region at has undergone repeated and substantial crustal reworking
Mineral Resource and Ore Reserve estimation procedure(s) and classifications between Proterozoic and Palaeozoic times and is now thought to represent an
applied. ancient and strongly altered/metamorphosed version of a continental collision
zone.
• Whether sample compositing has been applied.
· Most of the observed mineralisation is related to a swarm of west to
east and southeast-trending pegmatite dykes, with an anomalous occurrence of
the U-bearing mineral samarskite.
· At the Cusp Prospect, niobium-HREE-Tantalum identified in pegmatites
running approximately east-west, up to 10 metres thick and over 70 metres
long.
· At Bob's Prospect niobium-HREE-Tantalum mineralisation in pegmatites
trend east-west and is several metres thick and over 30 metres long, with
similar geological setting to the Cusp Prospect.
· 200m west of Bobs (Bobs West), outcropping pegmatite along the same
orientation, hosted exclusively within felsic gneiss of the Irindina Gneiss.
The pegmatite is semi-continuous for ~300m with a similar geological setting
and has notably large green muscovite flakes present.
· The Dune (previously Niobium Anomaly) Prospect is another variant
with high Niobium results but low in rare earths and uranium. Elevated
radiometrics located with the scintillometer recorded 1,300 cps within a small
historic pit at the top of a knoll. Anomalies appear to correlate with
intrusions of porphyritic "granitoid" and granitic gneiss, which are
geologically consistent with the pegmatites mapped at Bob's and the Cusp
Prospects.
· The Thorium Anomaly Prospect was previously located via airborne
radiometric images. The radiometric anomalies are low order (10 to 20x
background) compared to the spot anomalies at Bob's and Cusp (50-200x
background). Anomalies appear to correlate with intrusions of porphyritic
"granitoid" and granitic gneiss, which presumably are geologically features
like the pegmatites at Bob's and the Cusp Prospects.
Orientation of data in relation to geological structure • Whether the orientation of sampling achieves unbiased sampling of · In general, the strata of the area surrounding the pegmatite dykes in
possible structures and the extent to which this is known, considering the the Harts Range Meta-Igneous Complex dip steeply (>45 degrees) to the north
deposit type. and strike between east to southeast.
• If the relationship between the drilling orientation and the · Rock chip samples were taken at areas of interest from observed
orientation of key mineralised structures is considered to have introduced a mineralisation along and across strike of the line of lode of the mineralised
sampling bias, this should be assessed and reported if material. pegmatite dyke (e.g. see Figure AB1-2), secondary structures, surrounding
mullock heaps, and across the six (6) anomalous areas originally identified in
the planning stage.
· However, no modern systematic exploration has been conducted, nor any
of the U, Nb, Cu, and HREE mineralised prospects described in this ASX release
have ever been drilled.
Sample security • The measures taken to ensure sample security. · The rock chip samples taken during the current fieldwork were
securely locked within the vehicle on site until delivered to Alice Springs by
the field personnel for despatch to the laboratory (Intertek in Perth WA) by
courier.
Audits or reviews • The results of any audits or reviews of sampling techniques and · The sampling techniques and the data generated from the laboratory
data. assay results have been peer reviewed by consultant geologists independent of
New Frontier Minerals Limited (Audax Resources and ROM Resources) familiar
with the overall Harts Range Project and deemed to be acceptable. This review
highlighted that Intertek have yet to supply Cu for HRS001-004, and Co and Zn
for all samples. These will be reported once received.
· No other external audits sampling techniques and data have yet been
planned or undertaken.
Figure AB1-2: Unmineralized quartz vein outcropping at the Cusp Prospect
Notes: Cusp Prospect, location 507859mE; 7447753Mn, looking east.
Source: NFM Geology team
Section 2 Reporting of Exploration Results
(Criteria listed in the preceding section also apply to this section.)
Criteria JORC Code explanation Commentary
Mineral tenement and land tenure status Type, reference name/number, location and ownership including agreements or · The Harts Range Project lies in the southeast of the Northern
material issues with third parties such as joint ventures, partnerships, Territory, roughly 120 kilometres northeast of Alice Springs. Two granted
overriding royalties, native title interests, historical sites, wilderness or tenements (EL 32046 and 32513) comprising a total 110 km(2) tenement package
national park and environmental settings. is located near essential infrastructure and accessible via the Plenty
Highway. Refer to Figure AB2-1, below:
• The security of the tenure held at the time of
reporting along with any known impediments to obtaining a licence to operate Figure AB2-1: Harts Range Location
in the area. in the area.
· A check on the tenures status was completed in the NTGS system
'Strike' on the 10(th) of January 2024, to validate the currentness of the
exploration areas. All are current.
· The Harts Range Project lies in the southeast of the Northern
Territory, roughly 120 kilometres northeast of Alice Springs. The region is
serviced by excellent roads (Stuart Highway), train (the famous Ghan rail) and
bus links connect the area.
· Domestic and some international flights are available from Alice
Springs (1 hour drive south of Harts Range) while all international flights
are available direct from Darwin.
· As a major regional centre, the town of Alice Springs provides public
and private schools. There are churches, supermarkets, speciality shops,
hotels, motels, cafés & restaurants, medical centres.
· There is a professional police and emergency services presence
throughout the area. Local professional and trade services support the
community and the mining industry. Mobile phone and internet access are good.
Exploration done by other parties • Acknowledgment and appraisal of exploration by other parties. • Historical "Strike"-based mineral exploration reports have been
reviewed for historical tenures that cover or partially cover the Project Area
in this announcement. Federal and State Government reports supplement the
historical mineral exploration reporting (QDEX open file exploration records).
• Most explorers were searching for either Cu-Au-U, gemstones, or
industrial minerals in the 1990's, and proving satellite deposit style
extensions to the several small subeconomic uranium or copper deposits.
• The project is flanked by Independence Group (IGO) to the north,
south and west. IGO is exploring for a raft of critical battery minerals.
Geology • Deposit type, geological setting, and style of mineralisation. Regional Geology
• The Harts Range Niobium, Uranium-Heavy Rare Earth Project lies
north-west of the Entia Dome (Figure A2-1) and is underlain by the Harts Range
Group (Harts Range Meta-igneous Complex), which predominantly consists of
feldspar-biotite-amphibole-garnet gneisses.
• The Harts Range region has undergone repeated and substantial
crustal re-working between Proterozoic and Palaeozoic times. As a result, it
is now believed to represent an ancient and strongly altered/metamorphosed
version of a continental collision zone.
• Magnetotellurics data interpreted by a team consisting of Adelaide
University and NTGS geologists (Selway et al, 2006)(1) suggests the Entia Dome
system is a deep-crustal feature that can be shown extending to the mantle.
• The map below (Figure AB2-2) shows the distribution of regional
stratigraphic units.
Figure AB2-2: Regional Geology
Local Geology
The main rock types mapped and sampled at various REE Prospects include:
o Biotite Schist/Granofels: brown-blackish biotite-rich rock; thin (5-10cm)
poorly exposed zone on N side of ~6m thick unit/zone of similar rock (e.g.
HR398, HR399 sites) (on N side of HR399).
o Pegmatite, ?apatite-bearing: scree frags near W end of E-W pegmatite, near
intersection with north-south calcite vein; very coarse-grained
feldspar-quartz with common coarse ?apatite - pale semi-translucent slightly
greenish (rare honey-brown) blocky/tabular/hexagonal, some intergrown with
feldspar/quartz.
o Garnet-?Cummingtonite rock: coarse-grained rock; with abundant
interstitial pale greenish malachite-?magnesite material; small patch of
subcrop amongst scree.
o Gneiss: weathered, moderately banded, fine-to-medium grained
quartz-feldspar-hornblende-garnet; some coarser quartz-garnet rock; some brown
haematite on fractures; sample below HR444.
o ULTRAMAFIC: slightly weathered medium grained, greenish/brownish
?amphibole/olivine-dominated ?meta-ultramafic.
o Amphibolite: grey fine-grained hornblende -quartz rock; (approx. adjacent
rough channel samples: HR461 (1m) above HR462 (3m) above HR463 (3m) above
HR464 (1m)).
o Samarskite (or similar), being a dense brittle blackish lustrous
radioactive mineral; cluster of 10+ fragments, most over 1cm (or broken
weathered larger piece - ca. 5-10 cm?) in chalky white feldspar, beside
weathered coarse mica beneath soil cover along southern side of quartz vein in
a pegmatite core.
Drillhole • A summary of all information material to the understanding of the • Not Applicable - no exploration drilling results presented.
exploration results including a tabulation of the following information for
Information all Material drill holes: o easting and northing of the drill hole collar
o elevation or RL (Reduced Level - elevation above sea level in
metres) of the drill hole collar
o dip and azimuth of the hole o down hole length and interception
depth o hole length.
If the exclusion of this information is justified on the basis that the
information is not Material and this exclusion does not detract from the
understanding of the report, the Competent Person should clearly explain why
this is the case.
Data aggregation methods • In reporting Exploration Results, weighting averaging techniques, · Independent Laboratory Assay results for the 13 rock chip samples
maximum and/or minimum grade truncations (e.g. cutting of high grades) and from various Harts Range Prospects were averaged if more than one reading or
cut-off grades are usually Material and should be stated. determination was given. There was no cutting of high-grade REE results as
they are directly relatable to high-grade mineralisation styles readily
• Where aggregate intercepts incorporate short lengths of high-grade visible in the relevant samples.
results and longer lengths of low-grade results, the procedure used for such
aggregation should be stated and some typical examples of such aggregations · There were no cut-off grades factored into any reporting of the
should be shown in detail. laboratory assay results, nor metal equivalent values.
The assumptions used for any reporting of metal equivalent values should be
clearly stated.
Relationship between mineralisation widths and intercept lengths · These relationships are particularly important in the reporting of · The current rock chip samples were taken at areas of interest from
Exploration Results. observed mineralisation along the line of lode of the mineralised pegmatite
dyke, secondary structures, and surrounding spoil heaps. Twenty-one (21)
· If the geometry of the mineralisation with respect to the drill hole rock chip samples collected from rock faces and/or outcrops.
angle is known, its nature should be reported.
· Pegmatite dykes in the area are reasonably plentiful and intrude into
If it is not known and only the down hole lengths are reported, there should various rock-types of various ages. There is potential for them to have been
be a clear statement to this effect (e.g. 'down hole length, true width not derived by partial melting of underlying geology or younger granites and have
known'). been seen with anomalous enrichment in Uranium, Niobium and HREEs. There are
almost certainly more pegmatites with a similar U-REE signature in the
district. They are not always visible in airborne imagery.
· The interpretation given in Figure AA-2 is preliminary and the NFM
geological team intend on ground truthing all geological features that have
been interpreted as pegmatites. It is also possible that, especially in the
more vegetated areas, pegmatites could have been missed. The geophysical
data combined with the interpreted pegmatites will provide further targets for
ground truthing and prioritisation for drilling.
· As no drilling nor costeans have been completed the relationship of
the samples to the underlying geology is not yet fully understood.
Diagrams • Appropriate maps and sections (with scales) and tabulations of intercepts · Appropriate diagrams are presented in the body and the Appendices of
should be included for any significant discovery being reported These should the current ASX Release. Where scales are absent from the diagram, grids have
include, but not be limited to a plan view of drill hole collar locations and been included and clearly labelled to act as a scale for distance.
appropriate sectional views.
· Maps and Plans presented in the current ASX Release are in MGA94 Zone
53, Eastings (mN), and Northing (mN), unless clearly labelled otherwise.
Balanced reporting • Where comprehensive reporting of all Exploration Results is not · Rock chip samples were taken at areas of interest from observed
practicable, representative reporting of both low and high grades and/or mineralisation along the line of lode of the mineralised pegmatite dyke,
widths should be practiced avoiding misleading reporting of Exploration secondary structures, surrounding spoil heaps, and to the north and south of
Results. the line of lode to check the validity of the defined four (4) anomalous map
areas.
Other substantive exploration data • Other exploration data, if meaningful and material, should be reported · The area is covered by regional airborne government and private
including (but not limited to): geological observations; geophysical survey radiometric, gravity, magnetic, and hyperspectral surveys. Unfortunately,
results; geochemical survey results; bulk samples - size and method of other than the 2006 radiometric ground survey, no other ground surveys have
treatment; metallurgical test results; bulk density, groundwater, geotechnical been undertaken. This ASX release discusses the commencement by New Resolution
and rock characteristics; potential deleterious or contaminating substances. Geophysics (NRG) of a high-resolution, helicopter-borne radiometric and
magnetic survey at the Harts Range Project. The survey aims to expedite
exploration over untested areas, identify additional targets and explore
extensions of known Uranium, Niobium, and Heavy Rare Earth mineralisation .
· Substantial historical and current ground geochemical (stream
sediment, soil, and rock chip samples have been undertaken and two episodes of
shallow drilling, mostly for industrial minerals (gemstones and vermiculite)
by the owners of the leases, since 2006.
Further work • The nature and scale of planned further work (e.g. tests for lateral A future exploration strategy should encompass the following steps in
extensions or depth extensions or large-scale step-out drilling). subsequent field programs:
Diagrams clearly highlighting the areas of possible extensions, including the · Close-spaced ground radiometric geophysical surveys.
main geological interpretations and future drilling areas, provided this
information is not commercially sensitive. · Detailed mapping and rock chip sampling across prospects.
· Regional soil sampling campaigns.
· Mineral characterisation studies and petrological analysis.
· Trenching and bulk sample test work.
· Target generation and prioritisation; and
· Exploratory drill-testing.
1 NFM ASX Announcement: Geophysical Data to define drill targets at Harts
Range, Northern Territory
(https://wcsecure.weblink.com.au/pdf/NFM/02892467.pdf) , dated 10 December
2024
2 NFM ASX Announcement: Harts Range Boasts Extended Mineralisation with
Record-High Niobium, Dysprosium, and Terbium Grades
(https://wcsecure.weblink.com.au/pdf/NFM/02902399.pdf) , dated 13 January 2025
3 CCZ ASX Announcement: CCZ to acquire highly prospective niobium, uranium
& heavy rare earths project
(https://wcsecure.weblink.com.au/pdf/CCZ/02868764.pdf) , dated 21 October 2024
4 CCZ ASX Announcement: CCZ completes acquisition of Harts Range Project
& expands footprint (https://wcsecure.weblink.com.au/pdf/CCZ/02872056.pdf)
, dated 28 October 2024
5 NT Geological Survey. Available at:
https://resourcingtheterritory.nt.gov.au/data-and-publications/online-tools
(https://resourcingtheterritory.nt.gov.au/data-and-publications/online-tools)
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. END MSCSFLFIUEISEFFRecent news on New Frontier Minerals
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