New Age Metals Inc. is pleased to report new assay results for core samples from 2021 drill hole KP21-05 completed at the Dana South Zone. Drill core assays returned a long, higher-grade intersection of palladium mineralization lying outside the established boundary of Dana South. This Pd mineralization intercept appears to represent an opportunity to expand Dana South south-southeastwards direction. Location of the Dana [...]
New Age Metals Inc. in conjunction with its partner Mineral Resources Ltd. is pleased to announce it has engaged Axiom Exploration Group Ltd. to conduct a Helicopter-borne Tri-axial Gradiometer Magnetics Survey including Lidar, covering a total of 5600 ha over portions of the company's Lithium One and Lithman East properties. The survey infills areas not covered by the 2021 UAV magnetics survey and provides detailed [...]
New Age Metals Inc. is pleased to report that the company's partner Mineral Resources Ltd. has approved the 2022 exploration budget and program for its Manitoba Lithium division. Harry Barr, Chairman & CEO stated, "We are happy to have received approval for the 2022 exploration program from our partner, Mineral Resources Ltd.. This budget is the largest to date for our Lithium Division and will include a comprehensive [...]
New Age Metals Inc. is pleased to provide an update on the Pre-Feasibility Study of the River Valley Palladium Project, one of North Americas largest undeveloped Platinum Group Metals Projects near Sudbury. Progress has been made in advancing the mineral processing and metallurgical, geomechanical, hydrogeological, geotechnical, and environmental and community engagement work components of the Pre-Feasibility Study. Click [...]
New Age Metals Inc. is pleased to announce that drilling intersected Pd+Pt+Au mineralization in all four drill holes completed in 2021 at the Banshee Zone of the River Valley Palladium Deposit near Sudbury. The Banshee Zone is located in the northern area of the Deposit, between the key Dana Zones to the north and the Lismer Zones to the east. Drilling Highlights BZ1-3: 2.92 g/t Pd+Pt+Au over 6 m from 251 m downhole and [...]
New Age Metals Inc. is pleased to report assay results for its maiden drill program consisting of 15 diamond drill holes totalling 1,630 m at the Lithium Two Project in Manitoba. Highlights High grade lithium mineralization intersected in 11 drill holes along the Eagle Pegmatite confirming historic drilling grades. Mineralization encountered assayed up to 2.47% Li2O over 3.0 m within 21.8 m of 0.83% Li2O. Two step-back [...]
New Age Metals Inc. is pleased to announce the launch of its rhodium assay program on 2021 metallurgical drill core samples from NAM's 100% owned River Valley Palladium Project near Sudbury, Ontario. Based on encouraging recent Rh assay results from historical core, NAM has commenced a much larger rhodium assaying program of all the samples used to make-up the composite samples for the ongoing metallurgical testwork. The [...]
New Age Metals Inc. is pleased to announce the results of multiple high-resolution UAV-borne magnetic surveys which were completed in 2021 by EarthEx Geophysical Solutions of Selkirk, Manitoba over the company's Lithman West, Lithman East, Lithman North, Lithium Two, and Cat Lake Properties. The surveys were completed to provide highly detailed magnetic maps to aid in the exploration, geological mapping, and [...]
New Age Metals Inc. is pleased to report new palladium assay results for channel samples taken from a trench excavated on an area of mineralized outcrops in the footwall to the Dana South Zone, at the River Valley Palladium Deposit near Sudbury, Ontario. This Pd mineralization could represent an opportunity to expand Dana South eastwards, or is a new discovery in the footwall to the River Valley Palladium Deposit. The [...]
New Age Metals Inc. is pleased to provide an update on its metallurgical study program at its 100% owned River Valley Palladium Project, 100 km east of the City of Sudbury, Ontario. This study is being carried out as a key component of the ongoing Pre-Feasibility Study of the River Valley Palladium Project. Metallurgical Sample Assay Program Further to the announcement dated November 10, 2021, NAM has now received [...]
New Age Metals Inc. is pleased to announce that it has entered into a financial advisory agreement with IBK Capital Corp. to act as its advisor over the next 12 months to assist the Company with general market outreach and investor awareness in order to expand NAM's shareholder base and to develop strategic alternatives to maximize shareholder value. Under the terms of the Agreement IBK Capital will familiarize themselves [...]
Eric Sprott announces that on February 3, 2022, 14,000,000 common share purchase warrants of New Age Metals Inc. expired unexercised representing a decrease in holdings of approximately 4.0% of the outstanding common shares on a partially diluted basis since the date of the last early warning report. Prior to the expiry of these Warrants, Mr. Sprott beneficially owned and controlled 51,500,000 Shares and 32,750,000 [...]