29 Aug 2025admin correction● Neutral
Appendix 4G and corporate governance statement for the year to 30 June 2025, dated 29 August 2025. Administrative compliance filing with no new operational or financial information.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
28 Aug 2025other▲ Good
Petrology and XRD on six RC chips found quartz diorite intrusives at Wagyu, the main host rock at Northern Star's 11.2Moz Hemi, 5km away. Geochemistry shows gold-arsenic links. It refines the model for future drilling; no new assays.
14 Aug 2025director officer appointment● Neutral
Daniel Eddington joins the board as independent non-executive director from 14 August 2025, with 25+ years in equity capital markets. He gets A$5K a month net and 22.5m performance rights expiring 29 November 2029.
6 Aug 2025drilling result▲ GoodMajor
Lammerlaw's maiden RC drilling hit shear-hosted gold in fresh schist, best 6m @ 0.65g/t Au from 92m including 2m @ 1.05g/t. Three other holes gave 0.1-0.4g/t. Resolves the Phase 1 assay wait; early stage, no resource defined.
15 July 2025quarterly activities report● Neutral
June 2025 quarterly recaps the Wagyu RC results (8m @ 5.0g/t, 1km envelope) and the Lammerlaw Phase 1 completion with 5 holes for 458m, 4 targets untested and assays pending. Also notes the Waipori permit grant. Largely repeats announced facts.
1 July 2025asset acquisition disposition● NeutralMajor
The sale of Lochinvar Coal Ltd to Paladar, binding since July 2024, has completed. NAE keeps a A$1/t royalty on the first 15Mt; the CEO says this could earn up to A$15m, subject to Paladar developing the project. Resolves the open sale thread.
26 May 2025drilling result▲ GoodMajor
Maiden Wagyu RC assays returned 8m @ 5.0g/t from 44m, including 1m @ 28.6g/t (25WR002). Gold was hit at four of five targets, defining a 1km mineralised envelope across Targets 1 and 10. This resolves the RC assay wait; mineralisation remains open.
16 May 2025drilling progress report● NeutralMajor
Lammerlaw Phase 1 finished with 5 holes for 458m; a creek washout blocked some targets, which move to Phase 2, now expected Q1 2026. Assays are due within 2 months. Permit EP 61110 Waipori (71.4 km2) was also granted.
30 Apr 2025agm notice● Neutral
Letter advising a General Meeting on 4 June 2025 in Melbourne, with proxies due 2 June. The notice is electronic only. Administrative; the resolutions are not stated in the letter.
15 Apr 2025quarterly activities report● Neutral
March 2025 quarterly recaps the Wagyu RC program (33 holes, 3,023m), earlier air core results, gravity surveys and the Lammerlaw drilling start. It reports A$1.96m raised via two placements and Thompson's appointment. Largely repeats announced facts.
10 Apr 2025drilling progress report● Neutral
The maiden Wagyu RC program is finished: 33 holes for 3,023m across five gravity targets, with intrusions and alteration noted. Assays are expected late April to May 2025. Completes the drilling thread; results are still awaited.
3 Apr 2025admin correction● Neutral
Amended re-release of the 3 April Lammerlaw announcement. It states that the Figure 3 results were previously reported on 17 October 2024 and adds a Competent Person statement. No new information.
3 Apr 2025drilling spud● Neutral
Drilling started at Lammerlaw in New Zealand, as flagged for Q1 2025 earlier. Phase 1 of two phases will test 5 of the 9 gold and antimony targets. No results yet.
27 Mar 2025capital raising announcement▲ GoodMajor
NAE raised a further A$360k via 90m shares at 0.4c, on the same terms as the March raise, with 1 free 1.2c option per 4 shares. First six RC holes at Wagyu are done, and Peter Thompson becomes Chief Geologist.
What it means for a shareholder
90.0m new shares at A$0.004 to raise about A$360,000. That's 5.9% dilution: every existing holder's slice gets 5.9% smaller. If you held A$1,000 of shares (250,000 at the issue price), your slice goes from 0.0175% to 0.0165% of the company. To keep it you'd need 15,752 more shares - about A$63 at the issue price.
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27 Mar 2025other● Neutral
ASX paused trading in NAE securities pending a further announcement. Procedural only; the reason is not given in this notice.
17 Mar 2025drilling spud▲ GoodMajor
Maiden 3,000m RC drilling began at Wagyu on 16 March 2025, following up the 15.6g/t air core intercept. Contractor Strike Drilling is taking 50% of its payment in NAE equity. Assays are expected late April to May 2025.
14 Mar 2025half year report● Neutral
Half-year accounts to 31 December 2024 show a loss of $750,692, down from $1,762,405 a year earlier. Notes no significant changes in affairs. Subsequent event: the 6 March 2025 A$1.6m placement. Operations recap repeats earlier Wagyu and Lammerlaw news.
11 Mar 2025admin correction● Neutral
Amended re-release of the 11 March Wagyu geophysics announcement, adding the Competent Person statement for consultant Peter Thompson. No change to the results.
11 Mar 2025regulatory community update▲ Good
Passive seismic and ground gravity surveys across the Yule River bed at Wagyu identified new gravity anomalies and confirmed Targets 8 and 10, linking east and west data. Surveys are aids to drill targeting, not drilling results. 3,000m RC drilling is said to start imminently.
6 Mar 2025capital raising announcement● NeutralMajor
NAE raised A$1.6m via a placement of 400m shares at 0.4c, a 20% discount to the last price, with 1 free 1.2c option per 4 shares (expiry 21/12/2026). It funds the 3,000m Wagyu RC program and Q2 air core. Lead manager Vert Capital; follows October's A$1.75m raise.
What it means for a shareholder
400m new shares at A$0.004 to raise about A$1.6m. That's 22% dilution: every existing holder's slice gets 22% smaller. If you held A$1,000 of shares (250,000 at the issue price), your slice goes from 0.0175% to 0.0137% of the company. To keep it you'd need 70,008 more shares - about A$280 at the issue price.
Create a free account to see this worked out for your own holding.
6 Mar 2025other● Neutral
ASX notice that the suspension of NAE's shares will lift once the capital raise announcement is released. Procedural only.
5 Mar 2025other● Neutral
NAE's shares were suspended at its own request on 5 March 2025, pending an announcement on a capital raise. A trading halt had been requested on 3 March; an announcement was expected 6 March. Procedural step before the raise.
17 Feb 2025drilling result▲ GoodMajor
Phase 2 resamples lift Wagyu to 16 significant intercepts, led by 4m @ 5.3g/t from 49m in 24WA225, including 1m @ 15.6g/t. The best grades yet at the project. A 3,000m RC program is due March 2025, with more air core in the June quarter.
5 Feb 2025regulatory community update▲ Good
The December 2024 heritage survey at Wagyu, done with Kariyarra Aboriginal Corporation, found no heritage places, opening more ground over high-priority gold targets. A 3,000m RC program remains on track for March 2025. Resolves the heritage thread for the surveyed area.
31 Jan 2025quarterly activities report● Neutral
December 2024 quarter report recaps Wagyu Phase 1 and 2 assays (58 mineralised intercepts from 252 holes) and the 20-21 December heritage survey. RC drilling is now planned for March 2025; Lammerlaw drilling is still listed as Q1 2025. Largely repeats announced facts.
15 Jan 2025other● Neutral
Chairman's letter says all resolutions at the 15 January 2025 General Meeting passed. It recaps 2024 (12,000m+ of Wagyu air core, A$1.75m raise) and plans RC drilling at Wagyu and Lammerlaw drilling in early 2025. No new results.
13 Dec 2024agm notice● Neutral
Letter advising a General Meeting on 15 January 2025 in Melbourne, with proxies due 13 January. The notice is electronic only. Administrative; the resolutions are not stated in this letter.
11 Dec 2024drilling result▲ GoodMajor
Wagyu Phase 2 air core assays add four new gold intercepts, best 4m @ 2.5g/t from 48m (24WA225), and confirm gold at new Target 10. This is the long-awaited follow-up to Phase 1; RC drilling is still needed to confirm gold at depth. Heritage surveys planned next week.
27 Nov 2024security holder rights change● Neutral
Company constitution published, adopted by special resolution of shareholders at the 21 November 2024 AGM. The excerpt shows only the table of contents, so what changed is not stated.
18 Nov 2024admin correction● Neutral
Amended re-release of the 13 November Wagyu resample announcement, adding mineralised hole details required under listing rules. It updates De Grey's Hemi resource to 11.2Moz following De Grey's 14 November update. NAE's own results are unchanged.