New Frontier Minerals discovers major tungsten potential at Harts Range despite stock decline. The ASX-listed explorer confirmed high-grade tungsten mineralisation through scout drilling and rock chip sampling at the Cusp and Bank prospects in Australia's Northern Territory. Results included 1,237 ppm tungsten over 4.0m at Bank and exceptional surface samples at Cusp reaching 14,501 ppm. Chairman Gerrard Hall highlighted the strategic significance given global tungsten supply constraints and its critical applications in defence and advanced manufacturing. With benchmark tungsten prices surging over 430% in the past 13 months, this discovery adds substantial value to the project's multi-commodity potential. Despite the positive exploration results, NFM shares fell 26% to 1.1 cents, reflecting broader market sentiment as the company continues advancing its rare earth operations in Canada.
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