REG - New Frontier Mineral - NFM secures 85% interest in Harts Range Tenement

New Frontier MineralsAnnouncement

02/02/2026 07:00

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RNS Number : 1964R  New Frontier Minerals Limited  02 February 2026

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

 

2 January 2026

 

New Frontier Minerals Limited

("NFM" or the "Company")

 

NFM Earns-In and secures 85% interest in key Harts Range Tenement

 

New Frontier Minerals Ltd (LSE and ASX: NFM) is pleased to announce that it
has met the earn-in requirements and has now secured an 85% interest in a key
tenement within the Harts Range Heavy Rare Earths Project. The Harts Range
Heavy Rare Earths Project is located 140km north-east of Alice Springs in the
Northern Territory, Australia.

 

Highlights:

 

·    New Frontier Minerals has formally completed Stage 1 earn-in
requirements to secure an 85% interest in key tenement, EL32513, within the
Harts Range Heavy Rare Earths Project, Northern Territory

·    Formal documentation has been submitted to the Northern Territory
regulator to effect the transfer of the mineral titles

·    Additional Harts Range tenements 100% owned by NFM have been granted,
expanding NFM's landholding and regional exploration upside

·    Earn-in milestone achieved ahead of anticipated assay results from
NFM's inaugural Harts Range drilling campaign expected in the coming weeks

·    With all applications submitted, NFM expects to be listed and trading
on the OTCQB during the first week of February 2026

 

Chairman Gerrard Hall commented: "With assay results from the recent Harts
Range drilling campaign expected shortly, it is timely that the Company has
now satisfied the Stage 1 earn-in requirements and secured an 85% interest in
a key tenement within the Harts Range Project. This milestone materially
strengthens New Frontier Minerals' ownership position across the Project at a
pivotal point in the exploration program.

 

The relevant transfer documentation has been submitted and is currently being
progressed with the Northern Territory regulator, providing NFM with increased
certainty and flexibility as it prepares to assess and advance the forthcoming
drill results."

 

Earn-In Milestone and Market Update

New Frontier Minerals Limited (ASX: NFM) is pleased to advise that it has
formally completed the Stage 1 earn-in requirements and secured an 85%
interest in a key tenement, EL32513, within the Harts Range Heavy Rare Earths
Project, located approximately 140 kilometres north-east of Alice Springs in
the Northern Territory (Figure1).

 

Completion of the Stage 1 earn-in represents a material milestone for the
Company, providing majority ownership and effective operational control over a
strategically important component of the Harts Range Project. Relevant
documentation has now been submitted to the Northern Territory regulator to
affect the formal transfer of the mineral title.

 

Additional tenements (EL34110 and EL34109), which were recently granted and
are 100% owned by NFM, further expand the Company's landholding in the Harts
Range region, enhancing regional exploration potential and discovery upside.

 

The tenement forms part of an emerging heavy rare earths province prospective
for dysprosium, terbium and associated critical minerals, which are
increasingly recognised as essential inputs for advanced manufacturing,
defence technologies and clean energy supply chains (Figure 2). The earn-in
milestone has been achieved ahead of anticipated assay results from NFM's
inaugural drilling campaign at Harts Range.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

NEXT STEPS

·    Receive and interpret assay results from the inaugural Harts Range
drilling campaign

·    Integrate drilling results with geological and geophysical datasets
to refine exploration targets

·    Plan subsequent exploration activities across the expanded Harts
Range landholding

·    Commence US marketing campaign and trading on the OTCQB

 

ENDS

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

 

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.

 

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.

 

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.

 

ASX Listing Rule 5.23.2

New Frontier Minerals Ltd confirms that it is not aware of any new information
or data that materially affects the information included in this market
announcement and that all material assumptions and technical parameters
underpinning the estimates in this market announcement continue to apply and
have not materially changed.

 

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