NFM secures 85% interest in 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

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

ASX Listing Rule 5.23.2