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Castillo Copper Ltd. ( (AU:NFM) ) has provided an announcement.
New Frontier Minerals has completed the Stage 1 earn-in requirements to secure an 85% interest in tenement EL32513 within its Harts Range Heavy Rare Earths Project in the Northern Territory, giving it majority ownership and effective operational control over a strategically important asset. The company has also had two additional Harts Range tenements, EL34110 and EL34109, granted on a 100% basis, further enlarging its land position and exploration upside ahead of imminent assay results from its inaugural drilling campaign and a planned listing on the OTCQB in early February 2026, moves that collectively strengthen its ownership footprint and potential role in critical rare earth supply chains.
More about Castillo Copper Ltd.
New Frontier Minerals Limited is an Australian exploration company focused on heavy rare earths, with key projects in the Harts Range region of the Northern Territory. The company is targeting critical minerals such as dysprosium and terbium, which are used in advanced manufacturing, defence technologies and clean energy supply chains, and is expanding its landholding to build a strategic position in this emerging rare earths province.
YTD Price Performance: 5.56%
Average Trading Volume: 2,857,821
Technical Sentiment Signal: Buy
Current Market Cap: A$32.65M
See more data about NFM stock on TipRanks’ Stock Analysis page.