REG - New Frontier Mineral - Drilling Underway at Harts Range Projet

New Frontier MineralsAnnouncement

02/12/2025 07:00

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RNS Number : 7673J  New Frontier Minerals Limited  02 December 2025

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

 

2 December 2025

 

New Frontier Minerals Limited

("NFM" or the "Company")

 

Drilling Underway at Harts Range Heavy Rare Earth and Niobium Project, NT,
Australia

 

New Frontier Minerals Ltd (LSE and ASX: NFM) is pleased to announce the
commencement of its maiden ~2,500m reverse-circulation (RC) drill program to
test the depth extensions of the near surface mineralisation at the Harts
Range Heavy Rare Earths and Niobium Project, located 140km north-east of Alice
Springs in the Northern Territory, Australia.

 

Highlights:

 

·    2,500m RC Drilling underway at Harts Range targeting
dysprosium-terbium-rich HREE systems

 

·    The campaign comprises up to 46 reverse circulation (RC) holes,
targeting multiple high-priority anomalies defined through regional
geophysics, detailed geological mapping and surface geochemistry completed by
the NFM team over the past 12 months

 

·    The campaign is designed to test the depth extension of the heavy
rare earth mineralisation, with particular attention to dysprosium and terbium
- critical elements in high-performance permanent magnets used in electric
vehicles, wind turbines, and advanced defence technologies

 

Gerrard Hall, Chairman, commented:

 

"This marks an exciting milestone for New Frontier Minerals as we commence our
maiden drill program at Harts Range. The project has already returned
outstanding heavy rare earth and niobium grades at surface, including
high-value dysprosium and terbium, highlighting its strong potential.

 

"Our reverse circulation (RC) program is specifically designed to test the
depth continuity of these mineralised systems and assess the scale of the
high-grade HREE nature of the mineralisation identified to date. With all
approvals secured, the team is well positioned to deliver meaningful technical
results. We anticipate drilling will be completed before the end of the year,
with assay results expected early in the new year."

 

MAIDEN DRILLING CAMPAIGN

 

The RC drilling campaign will comprise up to 46 drill-holes for ~ 2,500m to
test the numerous prospects that have been identified from the exploration
activities undertaken at Harts Range over the past 12 months (Figure 1).

With logistics and site preparation complete, GeoDrill have mobilised to site
and commenced the maiden drill program which has been designed to test depth
extensions to the near-surface zones of high-grade heavy rare earth and
niobium mineralisation, identified from field campaigns (Figure 2).

 

Figure 1: Prospects and planned RC drill-hole locations at Harts Range Project

 

Figure 2: GeoDrill reverse circulation drill rig at Harts Range

 

 

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

 

REFERENCES

1)     NFM ASX Release "Harts Range continues to deliver Heavy Rare Earth
Mineralisation at surface" - 24 July 2025

 

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 metallurgical results, 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.

 

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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