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An update from Castillo Copper Ltd. ( (AU:NFM) ) is now available.
New Frontier Minerals Limited has appointed GeoDrill Australia to conduct the maiden Reverse Circulation drilling program at the Harts Range Project in the Northern Territory, Australia. This project is significant due to its potential as a major source of U.S. critical minerals, with 17 of the 54 minerals on the U.S. Department of the Interior’s critical list present, including heavy rare earths like dysprosium and terbium. The company has completed all necessary environmental and regulatory applications, with drilling set to begin upon final approval. This development positions New Frontier Minerals as a key player in the supply chain of critical minerals, contributing to the global energy transition and offering substantial value to shareholders.
More about Castillo Copper Ltd.
New Frontier Minerals Limited is an Australian company engaged in the exploration and development of mineral resources. The company focuses on identifying and extracting critical minerals, particularly those on the U.S. critical minerals list, which are essential for modern technologies and national security.
Average Trading Volume: 1,744,314
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$19.26M
Find detailed analytics on NFM stock on TipRanks’ Stock Analysis page.