NT Minerals Reports Q1 2026 Activities
Key points
- Sale of Golden Horse Minerals Ltd shares for $1.640m
- Proposed acquisition of the Endeavour Project in WA
- Announcement of Entitlement Issue and capital reconstruction
Full summary
NT Minerals Limited (ASX: NTM) presented its Quarterly Activities Report for the quarter ending 31 March 2026. Key highlights included the sale of Golden Horse Minerals Ltd shares for $1.640m, the proposed acquisition of the Endeavour Project in Western Australia, and the announcement of an Entitlement Issue and capital reconstruction. The Endeavour Project is located within the highly prospective Murchison Gold Province and has seen limited historical exploration due to deep weathering. NT Minerals plans to undertake a reconnaissance RC drill program to confirm previous shallow RAB/AC drilling. At the Twin Peaks Project in WA, the company has been reviewing historical geological and geophysical data, with exploration planning to commence in the June quarter. For the Finnis River Critical Minerals Project in the Northern Territory, NT Minerals has initiated a review of government-generated regional gravity data to guide a reconnaissance geochemical sampling program. The company also provided updates on the McKinnon's Rehabilitation project in NSW, its cash position, and exploration expenditure during the quarter.
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