NT Minerals Limited (NTM), an ASX-listed company focused on mineral exploration, has released its quarterly activity report for the period ending 31 December 2025. The Company is actively engaging with the ASX following a determination that its current level of operations does not warrant continued quotation of its securities. NTM, along with its legal advisors, is working to address ASX’s concerns and ensure compliance with Listing Rule 12.1. Further updates on proposed acquisition opportunities will be provided in accordance with disclosure obligations.
During the quarter, NT Minerals continued its review of potential project opportunities for acquisition, form-in, or joint venture participation. This includes assessment of technical due diligence and research potential. Although no binding agreements have been finalized, the company is in discussions with counterparties and intends to update the market on any material developments. The company is also considering a capital restructuring related to the reduction in the number of securities held by the shareholders. Shareholders will be advised of any proposed restructuring in due course.
Exploration efforts are underway at the Twin Peaks project in Western Australia, where the company has developed a number of target models, including iron ore, volcanic massive sulphide, and orogenic intrusion-related copper mineralization. In the Northern Territories, the exploration program for the Finance River major mineral project is progressing to the planning stage. The Red Bank Copper Project disposal was completed last quarter, with the lifting of escrow restrictions on shares issued to Golden Horse Minerals Limited NTM.
NT Minerals reported a cash position of $78,000 as of December 31, 2025, with $1.56 million available under its convertible note facility. Payments to related parties for the quarter are 3,123,000. The company spent $197,000 in prospecting costs, primarily for project management and tenement rentals, of $197,000. The NTM is actively engaged with environmental experts and the NSW Resources Regulator on the restoration of MacKinnon, with a joint site visit planned for the first quarter of 2026.
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