NT Minerals Limited announced that successful maiden drilling programme has been completed at Calvert South within the Company's Redbank Copper Project in the McArthur Basin, Northern Territory. Ten first-pass percussion drillholes have been completed for a total of 2,095m at Calvert South. Drillholes have tested priority targets within a broad 30km multielement anomalous footprint identified with soil sampling at Calvert South in 2021.

Drill and soil samples have been dispatched to Intertek in Townsville for multielement analysis. The Company anticipates first results to be available in October, subject to laboratory turn around. Drilling has targeted the Wollogorang Formation, interpreted as a fertile and permissive sediment horizon for copper deposits.

This sediment horizon is sandwiched between the upper Gold Creek Volcanics and the lower Settlement Creek dolerite which all gently dip at ~15o to the NNW. Visual copper and zinc mineralization was identified within the rock chip samples during the drilling campaign and field work activities. The Redbank Project is located in the southeast McArthur Basin and extends from the Northern Territory/Queensland border north-west to Glencore's McArthur Mine.

In July 2020, NT Minerals secured a district scale tenement holding, pegging open ground following ground-breaking work by Geoscience Australia. This work highlighted the prospectivity for Tier 1 base metal deposits between the world-class deposits of McArthur River and Century. NT Minerals Limited though its 100% subsidiary Redbank Operations Pty Ltd. holds the tenements with a 100% interest.