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:

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.