New Frontier Minerals' (ASX: NFM) second reconnaissance trip to the Harts Range Project has revealed more key targets including a 500m long pegmatite at the Big Jay Prospect at the Harts Range project, in the Northern Territory.
Further exploration planning is well underway at the Harts Range project, 140km north-east from Alice Springs with new targets identified and further rock chip samples sent for testing.
The geology team consider the newly named Big Jay Prospect to be prospective for uranium-niobium-HRE mineralisation and, pending the results from rock chip assays, expect this to become a key target to investigate.
“The geology team’s recent follow up visit to the Harts Range Project reinforces the Board's commitment to accelerating development efforts and identifying new prospective targets in the region,” Chairman, Ged Hall, said.
“The critical next phase of the exploration campaign will be a heliborne geophysical survey which has the potential to significantly expand the areas of interest.”
Positive progress has stemmed from the geology team’s second reconnaissance visit to the Harts Range Uranium, Niobium & Heavy Rare Earths Project in late November 2024. The key objectives were to assess historical prospects and visit new areas of interest that could become viable targets.
The first task undertaken was to visit known prospects – Cusp, Bobs, Bobs West and Dune (renamed from Niobium Anomaly) – that are prospective for uranium-niobium-HRE mineralisation.
The team took field readings, noted key observations and collected rock chips samples for further analysis.
Interestingly, two new areas were identified proximal to the Cusp and Bob Prospects that exhibited potential for base metal mineralisation. The team undertook a preliminary assessment at both sites and collected some rock chip samples that will be assayed.
Next Steps
All 13 samples collected from the reconnaissance trip have been sent to Intertek (Malaga – Perth, Western Australia) for geochemical analysis. Once the results are returned and interpreted, the findings and insights will be released to the market.
In addition, the Board is targeting to finalise a heliborne radiometric and magnetic survey during January 2025, which should aid delineating and identify additional targets across the Harts Range Project for field investigation.
