- Alaska has an extensive mineral inventory and is one of the leading states in America for mineral exploration and development. - New Age Metals objective is to acquire Platinum Group Metals , PGM Polymetallic, and Rare Metal Projects in Alaska and has signed a binding Letter of Intent with Avalon Development Corp., a prominent Alaskan geological [...]
New Age Metals is pleased to announce that FINRA has approved the Company's request to voluntarily change its symbol from PAWEF to NMTLF to better reflect the Company's current name. The symbol change will take effect at the opening of the market on March 23, 2018. Chairman & CEO, Harry Barr commented, "We are pleased to have been granted our [...]
Advanced stage mineralogical testing is ongoing in Sudbury at Expert Process Solutions. The price of Palladium, the prominent metal at River Valley is trading at $971.15USD near its all-time high based on limited supply and increasing demand. Lithium Division: A minimum of $500,000 will be expended in 2018 on the companies Lithium division by New [...]
A minimum of $500,000 will be expended in 2018 on the companies Lithium division by New Age Metals option/joint venture partner Azincourt Energy. Lithium management committee formed and first management committee meeting complete. The Lithium Division's 5 projects, 3 of which are drill ready, cover over 6,000 hectares and are one of the largest [...]
New Age Metals Harry Barr, Chairman & CEO, stated; "We are pleased to update our shareholders and interested parties as to our present exploration program on our River Valley PGM project and our 5 Manitoba Lithium Projects. Due to improved metal prices, investors sentiment and increased demand for the metals we explore for, 2018 appears to be the [...]
New Age Metals is pleased to announce that it has signed the final agreement with Azincourt Energ. The agreement which is subject to regulatory approval allows for Azincourt to acquire up to a 50%, 60%, and or 100% interest in the 5 lithium projects, 3 of which are drill ready. The agreement is subject to NAMs 90-day option which allows NAM to [...]
New Age Metals is pleased to provide an update of exploration activity at the company's River Valley PGM Deposit in Ontario. Field exploration presently is concentrated on the upcoming ground IP geophysical survey. WSP Canada is currently working on the upgraded 43-101 compliant resource calculation and mineralogical...
New Age Metals announces that further to its news releases dated December 15, 2017, the Company has closed its private placement raising an aggregate $350,000 by way of combined non-flow-through and flow-through units. The Company has issued 883,333 non-flow through units and 3,783,334 flow-through units. Both NFT and FT unit consisted of one [...]
New Age Metals is pleased to announce it has engaged Abitibi Geophysics of Thunder Bay, Ontario to carry out a ground IP Geophysical Survey over selected portions of the River Valley PGM Project in the Sudbury mining region of Ontario. Ground IP Geophysics Approximately 50 kilometres of grid lines are to be tested in this geophysical survey. The [...]
New Age Metals is pleased to announce that it has signed a non-binding Letter of Intent with Azincourt Energy Corp . The LOI allows for Azincourt to acquire up to a 60% interest with the potential to 100%, in Lithium Canada Development and/or its equal interest in the individual projects. New Age Metals retains the option of entering into a [...]
New Age Metals is pleased to announce all data from the latest drill program is completed and that the new NI 43-101 resource calculation has commenced with Todd McCracken at WSP Canada. This drill program was focused on the Pine Zone and T3 as a follow up to the 2015 and 2016 drilling and IP geophysical work at the River Valley Platinum Group [...]
Drilling continues to encounter PGM mineralization in the Pine Zone of the River Valley PGM Deposit -Borehole PL-17-08 intersects 14m of 2.01.g/t Pd+Pt+Au, including 4m at 2.98 g/t Pd+Pt+Au, -Drilling into the footwall to the east of the deposit will add to the resource calculation -Footwall PGM mineralization is a new and additional source of PGM [...]