202637 releases
NEW AGE METALS ENTERS DUE DILIGENCE PERIOD WITH BENTON RESOURCES INC.
New Age Metals has entered a due diligence period, running to November 15, 2026, on a potential option to acquire a 100% interest in Benton Resources' Abernethy Lake Gold Project, to be renamed Kenora Thunder Gold Project, about ten kilometres from Kenora in Northwestern Ontario. The option requires $10,000 in cash payments, 500,000 common shares and $150,000 in work expenditures over two years and six months, plus a 2% NSR royalty to Benton.
AcquisitionCHAIRMAN’S MESSAGE – SEPTEMBER 2026 TO OCTOBER 6th, 2026
New Age Metals' chairman's message summarizes activity from September 2026 to October 6, 2026. It reports the September 16, 2026 closing of a non-brokered LIFE private placement of 5,000,000 units at $0.20 per unit for gross proceeds of $1,000,000, and first-phase Bonanza Ridge grab sample results in Ontario's Kenora Mining District, including 4.77 g/t, 4.68 g/t and 1.05 g/t Au from a sub-parallel structure.
NewsNEW AGE METALS ANNOUNCES AMENDMENT TO THE GENESIS PROJECT OPTIONAND JOINT VENTURE AGREEMENT WITH ROCKPORT CAPITAL CORP.
An amending agreement effective September 29, 2026 revises the option and joint venture agreement with Rockport Capital Corp. on the 100%-owned Genesis Ni-Cu-PGE property in south central Alaska, Rockport's proposed qualifying transaction. If Rockport does not deliver the additional earn-in election within 120 days of the initial earn-in, the parties will form an unincorporated 50/50 joint venture with no further $10,000 payment, 250,000 shares or $750,000 exploration commitment required. All other terms, including the initial 50% earn-in, remain unchanged.
AcquisitionNEW AGE METALS REPORTS GOLD VALUES UP TO 4.77 G/T FROM ONGOING PROSPECTING AT THE BONANZA RIDGE GOLD AND CRITICAL METALS PROJECT, KENORA MINING DISTRICT, NORTHWESTERN ONTARIO
Grab sampling at the Bonanza Ridge Gold and Critical Metals Project in the Kenora Mining District, northwestern Ontario returned up to 4.777 g/t Au in quartz-veined mafic volcanics, with seven of the first 215 samples above 1 g/t Au, 3,230 ppm Cu and 14.9 g/t Ag; 116 samples are pending. A sub-parallel structure about 20 m north of the historic Blue Star showing returned 4.77, 4.68 and 1.05 g/t Au. Mechanized stripping at the Triggs occurrence is complete and final Terraquest airborne geophysical data has been received, supporting target selection for a planned winter diamond drill program.
Drill resultsNEW AGE METALS CLOSES LIFE FINANCING
A non-brokered private placement closed with 5,000,000 units issued at $0.20 per unit for gross proceeds of $1,000,000, each unit comprising one common share and half a warrant exercisable at $0.25 until September 16, 2028, subject to acceleration if shares trade at or above $0.45 for 10 consecutive trading days. Finder fees of $70,000 cash and 350,000 finder's warrants were paid to Ventum Financial Corp. The offering was completed under the Listed Issuer Financing Exemption and remains subject to final TSX Venture Exchange approval.
FinancingNew Age Metals Announces Non-Brokered Life Financing
A non-brokered private placement of 5,000,000 units at $0.20 per unit for gross proceeds of $1,000,000 has been launched under the Listed Issuer Financing Exemption, subject to TSX Venture Exchange approval, with each unit comprising one common share and one half warrant exercisable at $0.25 for 24 months, subject to an accelerated expiry if the shares close at or above $0.45 for 10 consecutive trading days. Eligible finders will receive a 7% cash commission and finder's warrants equal to 7% of the units sold to subscribers they introduce, and closing is anticipated on or about September 22, 2026.
FinancingNEW AGE METALS ENTERS INTO DEFINITIVE OPTION AND JOINT VENTURE AGREEMENT WITH ROCKPORT CAPITAL CORP. ON THE GENESIS NI-CU-PGE PROJECT, ALASKA
A definitive property option and joint venture agreement dated September 1, 2026 gives Rockport Capital Corp. the right to earn an initial 50% interest in the 100%-owned Genesis Ni-Cu-PGE property in south central Alaska by paying $25,000 cash, issuing 1,000,000 Rockport shares and funding at least $250,000 of exploration within 12 months. A further $10,000, 250,000 shares and $750,000 of expenditures within 36 months would bring Rockport to 70%. The deal is Rockport's non-arm's length qualifying transaction, conditional on TSXV acceptance, minority shareholder approval and a financing of at least $750,000.
AcquisitionNew Age Metals Reports Results of 2026 3D Induced Polarization Survey at the Mustang Zone, River Valley PGM Project, Ontario
A 2026 3D induced polarization survey over the Mustang Zone at the 100%-owned River Valley palladium project, 100 km east of Sudbury, Ontario, delineated six geophysical anomalies (RVM-01 to RVM-06) and five priority drill targets designed by Abitibi Geophysics. The survey covered about 4.3 km², acquiring 24,781 resistivity and chargeability measurements from 109 receivers and 354 current injections between January 17 and 26, 2026. Two new chargeability trends, Trend 2 and Trend 3, were identified beyond known mineralization; ground-truthing and mapping will follow.
Drill resultsChairman’s Message – July & August 2026
A shareholder update covering July and August 2026 reports the July 21, 2026 closing of a non-brokered private placement of 1,613,000 flow-through units at $0.31 per unit for gross proceeds of $500,030, plus an approximate $25,000 Manitoba grant for the Southbay project and an approximate $75,000 Newfoundland JEA grant for soil sampling. At Bonanza Ridge in Kenora, 101 grab samples were collected, with 50-75 more planned and drill targets sought by winter 2027. An Amending Exploration MOU with Nipissing First Nation, signed July 28, 2026, includes 500,000 warrants at $0.60 over five years.
CorporateChairman’s Message – June 2026
A monthly Chairman's message recaps May and June 2026 developments: a May 6, 2026 non-binding letter of intent with Rockport Capital Corp. under which Rockport could earn an initial 50% interest in the Genesis nickel-copper-PGE project in Alaska, with up to an additional 20% through a future joint venture; a May 20, 2026 launch of a second phase of PLATSOL™ metallurgical testwork by SGS Canada Inc.
CorporateNEW AGE METALS ANNOUNCES LEADERSHIP TRANSITION IN INVESTOR RELATIONS AND APPOINTMENT OF CHIEF OF STAFF
Farid Mammadov, Vice President of Investor Relations, is departing New Age Metals Inc. (TSXV: NAM) after five years with the company to pursue other professional opportunities. Connor Barr has been engaged on a consulting basis as Chief of Staff, working with Chairman and CEO Harry Barr and senior management on corporate strategy, executive operations, business development initiatives and corporate communications.
ManagementNew Age Metals Signs Amending Memorandum of Understanding with Nipissing First Nation at the River Valley Palladium Project near Sudbury, Ontario
An Amending Exploration Memorandum of Understanding dated July 21, 2026 has been signed with Nipissing First Nation covering exploration on mining leases and claims at the River Valley Palladium Project, located 100 road km east of Sudbury, Ontario. Under the terms, New Age Metals will issue 500,000 non-transferable share purchase warrants exercisable at $0.60 for five years, subject to vesting over two years. The Amended MOU and warrant issuance remain subject to TSX Venture Exchange approval.
CorporateNew Age Metals Advances 2026 Field Exploration Program Across its Kenora Gold and Critical Metals Division in Northwestern Ontario
Initial fieldwork has been completed at the Kite Lake, Blue Star, Triggs and South Powerline target areas of the Bonanza Ridge Gold and Critical Metals Project in northwestern Ontario, with 101 grab samples collected during the June rotation and assays pending. At Blue Star, a shallow trench about 250 metres southeast of the showing exposed a quartz vein up to roughly one metre wide over an approximately five-metre strike length. New Age Metals raised an additional $500,000 the week of July 13, 2026.
Drill resultsNEW AGE METALS RAISES $500,030 FLOW-THROUGH
A non-brokered private placement of 1,613,000 flow-through units at $0.31 per unit closed for gross proceeds of $500,030. Each unit includes one flow-through common share and one-half warrant exercisable at $0.40 until July 21, 2028. Accilent Capital Management Inc. receives $25,001.50 cash and 80,645 commission warrants at $0.40 until July 21, 2028, subject to TSX Venture Exchange approval. Proceeds will fund exploration and development in Newfoundland, Ontario and Manitoba; securities are held until November 22, 2026.
FinancingNEW AGE METALS ANNOUNCES ISSUANCE OF SHARES FOR SERVICES
21,154 common shares have been issued at a deemed price of $0.26 per share, totalling $5,500, to an arm's length service provider for strategic planning services rendered for the period ending June 30, 2026, under an agreement previously announced April 24, 2026. The shares are subject to a four month plus one day hold period under TSX Venture Exchange policies. The issuance is not a related party transaction and does not create a new control person or insider.
NewsNew Age Metals Commences 2026 Fieldwork on Newfoundland Au–Sb Portfolio; Trenching Underway at Antimony Ridge–Golden Grit, and Large TDEM Conductor Identified Along Strike of the Beaver Brook Sb Mine
Trenching and channel sampling have begun on the Antimony Ridge–Golden Grit property in the St. Alban's–Bay d'Espoir area of south-central Newfoundland, targeting zones that returned up to 51.2% Sb and 6.53 g/t Au in float, up to 46.2 g/t Au from quartz veins and up to 6.57% Sb from stibnite–quartz veins in Phases 1 and 2. The company staked the new Citadel Extension licence along strike, where a 500 m × 500 m till grid is planned. Final Xcite helicopter-borne TDEM and LiDAR data over the Sentinel property identified a large conductive trend along strike from the Beaver Brook Sb mine; proposed soil geochemistry lines there have been approved for a Junior Exploration Assistance Grant.
Drill resultsNEW AGE METALS ENTERS INTO MEMORANDUM OF UNDERSTANDING WITH LIBERATE MINERALS TO EVALUATE CRITICAL MINERALS PROCESSING OPPORTUNITIES
A Memorandum of Understanding has been signed with Liberate Minerals Limited, an Australian critical minerals and rare earths refining technology company, to evaluate applying Liberate's processing and refining technology to selected materials, concentrates and project data from New Age Metals' portfolio, potentially including lithium, rare metals, platinum group metals and gold-antimony assets. The parties intend to collaborate on a preliminary technical review led by NAM's technical services team, with senior metallurgical consultant Dave Salari monitoring the process.
NewsNew Age Metals to Regain Full Control of Southeastern Manitoba Lithium-Cesium-Tantalum Portfolio
New Age Metals and its subsidiary Lithium Canada Development signed a termination agreement and royalty deed dated May 27, 2026 with Lithium Mineral Resources Pty Ltd, a subsidiary of Mineral Resources Limited, ending the August 29, 2022 farm-in and joint venture on the Lithium and Rare Metals Project in Manitoba. MinRes relinquishes all earn-in rights, returning 100% ownership to NAM, and will pay NAM CAD$135,426 in outstanding invoices. MinRes receives a 2% revenue royalty on lithium, cesium and tantalum; NAM may repurchase 1.0% for CAD$1,500,000 within four years.
AcquisitionNEW AGE METALS EXPANDS DOUBLE R GOLD PROJECT WITH CONTIGUOUS DASH LAKE ACQUISITION, NORTHWESTERN ONTARIO
An option agreement dated May 21, 2026 with arms-length Torr Resources Corp. gives NAM the right to acquire up to 100% of the Dash Lake Gold-Copper Project, four multi-cell claims totalling about 1,160 hectares contiguous with its Double R Project in Ontario's Kenora and Rainy River districts, expanding the consolidated land position to roughly 838 claims and ~18,780 hectares. Terms total $75,000 cash, 300,000 shares and $500,000 in exploration expenditures over four years, with Torr retaining a 2.0% NSR, 1.0% repurchasable for $1,000,000.
AcquisitionNew Age Metals Launches Next Phase of PLATSOL™ Metallurgical Optimization Testwork at the River Valley Platinum Group Metals Project, Ontario
A second phase of PLATSOL™ metallurgical optimization testwork will be carried out by SGS Canada Inc. at its Lakefield, Ontario facility on the 100%-owned River Valley Palladium Project, about 100 km east-northeast of Sudbury, Ontario. The program covers flotation concentrate production, pressure oxidation parameter optimization, PGM recovery scoping, neutralization and precipitation testing, and copper solvent extraction, and is expected to take approximately 6 months. Earlier proof-of-concept work announced February 29, 2024 returned best extractions of 93% palladium and 88% platinum at Dana.
Study resultsNEW AGE METALS OPTIONS GENESIS PROJECT
A non-binding letter of intent dated May 4, 2026 has been signed with Rockport Capital Corp., a Capital Pool Company, granting Rockport the right to earn an initial 50% interest in the Genesis Ni-Cu-PGE project in Alaska, 75 road miles north of Valdez, comprising 64 claims totalling 10,240 acres. Terms require a $25,000 cash payment, 1,000,000 shares, and $250,000 in exploration spending within 12 months of closing. Rockport may earn a further 20% via joint venture. The property carries a 3% NSR.
AcquisitionNew Age Metals Announces Strategic Planning Service Agreement
An amended agreement dated April 23, 2026 with Lawrence & Company Growth Advisors Inc. will provide New Age Metals with strategic planning services for a three-year growth direction, valued at Cdn$22,000 for 2026. Payment will be $11,000 in cash and $11,000 in shares, in quarterly instalments of $5,500 on or about February 27, May 27, August 27 and November 27, 2026, versus all cash under the initial agreement. Share pricing uses the TSX Venture Exchange closing price on those dates, subject to Exchange approval and a four-month plus one day hold.
CorporateNew Age Metals Expands Platreef PGM Project Through Strategic Option of the Gravel Ridge Property Near Lac des Îles Mine, Northwestern Ontario
An option agreement effective April 14, 2026 gives New Age Metals the right to acquire a 100% interest in the Gravel Ridge PGM Property, 37 Ontario mining claim cells covering about 740 hectares roughly 80 km northwest of Thunder Bay in the Thunder Bay Mining Division, expanding the Platreef PGM Project to approximately 17,630 hectares. Payments total $17,500 cash and $95,000 in shares over three anniversaries, with shares priced at a 10-day average subject to a $0.255 minimum. The optionors retain a 1.5% NSR, of which 0.5% is repurchasable for $500,000.
AcquisitionNew Age Metals Expands Northern Shield PGM–Cu–Ni and Critical Minerals Project to ~34,000 Hectares in Ontario’s Ring of Fire
Staking of a northern extension to the Northern Shield PGM–Cu–Ni and Critical Minerals Project in Ontario's Ring of Fire has increased the land position to approximately 34,000 hectares (84,000 acres) comprising 1,695 claims, 100% owned with no option payments or earn-in obligations. The extension covers additional interpreted bedrock EM conductors prospective for platinum group metals and nickel-copper mineralization. Data compilation and geological interpretation are underway to prioritize targets ahead of field validation and potential drill testing, with First Nations consultation planned.
CorporateNEW AGE METALS & METALQUEST MINING TO ATTEND NWOPA 2026 CONFERENCE AND HOST OPEN HOUSE AT NEW KENORA FIELD OFFICE
New Age Metals and MetalQuest Mining will attend the Northwestern Ontario Prospectors Association 2026 Conference on April 8 and 9, 2026 at the Valhalla Inn in Thunder Bay, Ontario, where they will present and host a booth. The companies will also hold a grand opening open house for their newly leased Kenora, Ontario field office and core facility on April 11, 2026 from 10:00 a.m. to 3:00 p.m. Costs for the facility are shared by NAM and MQM.
CorporateNew Age Metals Reports Up to 51.9% Antimony and 46.2 g/t Gold from Phase 2 Exploration at St. Alban’s, Newfoundland
Phase 2 grab sampling at the St. Alban's antimony–gold properties in southern Newfoundland and Labrador returned up to 51.9% Sb (sample 445127) and 51.2% Sb, plus gold values of 46.2 g/t (sample 214444), 23.8 g/t, 8.21 g/t and 6.53 g/t, with stibnite-bearing sheeted quartz veins traced about 400 metres grading up to 6.57% Sb, and base metals to 39,215 ppm Zn, 3,672 ppm Pb and 2,927 ppm Cu. New Age Metals staked 40 additional claims (~1,000 hectares) capturing the Pardy Head occurrence, received trenching approvals, and has a potential $71,975 exploration rebate pending.
Drill resultsNew Age Metals Expands PGM Portfolio with Strategic Staking of the Escape East PGM–Ni–Cu Project Adjacent to Clean Air Metals’ Deposit in Northwestern Ontario
New Age Metals has staked the Escape East Project, a 100%-owned PGM–Ni–Cu property of approximately 4,000 hectares (~9,900 acres) in the Thunder Bay Mining Division of Northwestern Ontario. The property adjoins Clean Air Metals' Thunder Bay North Project, which hosts the Current Lake and Escape Lake deposits, and lies near Impala Canada's Lac des Iles Mine. The company plans a phased program of data compilation, mapping, sampling, stripping and ground geophysics, advancing priority targets to diamond drilling subject to results, permitting and funding.
CorporateNew Age Metals Acquires 17,620 Ha Double R Gold Project Near The Kenora and Rainy River District, Northwestern Ontario
The Double R Gold Project has been acquired and consolidated through staking in the Kenora Mining District, northwestern Ontario, comprising 834 mining claims totalling 17,620 hectares (43,540 acres), about 35 km northwest of the Rainy River Mine and 17 km south of the Cameron Gold deposit. Historical 1990 bulk till sampling reported up to 25 gold grains per sample, with historical grab samples up to 1.7 g/t Au. A phased 2026 exploration program is planned, and a Kenora field office open house is set for April 11.
AcquisitionNEW AGE METALS EXPANDS ITS PGM–Ni–Cu PORTFOLIO WITH STRATEGIC LAC DES ÎLES ACQUISITION IN NORTHWESTERN ONTARIO
The Platreef PGM Project has been acquired via staking in Northwestern Ontario, comprising 834 mining claims totaling approximately 16,680 hectares (~41,200 acres) within the Lac des Îles Igneous Complex, about 80 km from Thunder Bay and adjacent to Impala Canada's Lac des Iles palladium mine. The property targets intrusion-hosted PGM–Ni–Cu mineralization, with magnetite-bearing gabbroic intrusions, sulphide-bearing zones and coincident magnetic and IP anomalies. A phased program of data compilation, mapping, sampling, stripping and possible geophysics is planned ahead of potential drilling.
AcquisitionNew Age Metals Expands Northern Shield PGM–Cu–Ni and Critical Minerals Project to 32,000 Hectares in Ontario’s Ring of Fire
New Age Metals has staked an additional 621 mining claims covering approximately 12,000 hectares (29,653 acres) in the southern extension of its Northern Shield PGM–Cu–Ni and critical minerals project in Ontario's Ring of Fire, bringing the 100%-owned land package to roughly 32,000 hectares (79,074 acres) across 1,560 claims. The staking carries no option payments or earn-in obligations. The southern extension covers additional interpreted bedrock EM conductors, and data compilation is underway to prioritize targets ahead of field validation and potential drill testing.
CorporateHow the US Critical Minerals Price Floor Could Unlock Value for North American Miners
A company commentary piece discusses the Trump administration's critical minerals trade initiative, announced at the inaugural Critical Minerals Ministerial on February 4, 2026, attended by over 50 countries, which would create a preferential trade zone with reference prices and enforceable price floors maintained via adjustable tariffs. The release states China accounts for two thirds of global critical minerals processing and refining and roughly 70% of rare earth mining. It cites New Age Metals' 100% owned Gold-Antimony division in Newfoundland and its River Valley palladium project as positioned to benefit.
NewsNew Age Metals Initiates 2026 Platinum Group Metal Exploration at River Valley, Ontario
Phase 1 of a two-phase 2026 PGM exploration program has begun at the 100%-owned River Valley Project, 100 km east of Sudbury, Ontario, consisting of a 53 line-km DasVision 3D induced polarization survey over the 4.5 km Mustang Zone by Abitibi Geophysics of Val-d'Or, Québec. The survey started in January, is slated for completion in February 2026 and targets at least 350 m depth of investigation. A 3-year exploration permit is in place, and results are intended to generate 2026 drill targets.
Drill resultsNew Age Metals Releases Sustainability Report for 2024-2025
New Age Metals has published its 2024-2025 ESG/Sustainability Report, available under the ESG tab on its website, covering the newly acquired Newfoundland and Labrador Au-Sb properties and the Alaska Genesis PGM-Cu-Ni Project. The report follows TCFD and SASB frameworks. Exploration during the period was limited to reconnaissance field visits and surface sampling, with no detailed Scope 1 emissions quantification undertaken and no water sourced. Community engagement continued with the Temagami, Nipissing and Sagkeeng First Nations, including MoUs and baseline surveys.
CorporateNEW AGE METALS GRANTS STOCK OPTIONS
A grant of 1,850,000 incentive stock options to directors, officers, employees, an existing investor relations service provider and consultants, exercisable at $0.50 per share for five years from the date of grant. The options are subject to TSX Venture Exchange acceptance and a four month plus one day hold period. The company will attend the Vancouver Resource Investment Conference on January 25–26, 2026 at Booth #817 and the PDAC Convention in Toronto on March 1–4, 2026.
CorporateAcquisition of the Northern Shield Platinum Group Metals–Copper–Nickel Critical Minerals Project in the Ring of Fire, Northern Ontario
New Age Metals has acquired, by staking, 100% of the Northern Shield PGM–copper–nickel property in the Fishtrap Lake Intrusive Complex within Ontario's Ring of Fire, comprising 939 contiguous claim cells totaling roughly 20,000 hectares (~54,000 acres), with no option payments or earn-in obligations. Historical work from 2003 to 2009 included airborne and ground geophysics, soil geochemistry, mapping and over 7,000 metres of diamond drilling that intersected Pt–Pd reef-style horizons, net-textured sulphides and a vanadium-rich magnetite layer. The Company has begun data compilation and grassroots program planning ahead of drilling, and recently raised $4.0 million.
AcquisitionNew Age Metals Provides a 2026 Go Forward Plan and a summary 2025 Chairman’s Message
A 2025 review and 2026 go-forward plan were issued, citing $4.0 million raised in 2025 with a lead order from Eric Sprott, who now holds approximately 36% of the Company on a partially diluted basis, over 350% share price appreciation from January 2025 to January 2026, and 12 new properties acquired (8 in Newfoundland & Labrador, 4 in Ontario's Kenora District). Exploration on all divisions is slated to begin near the end of April 2026. NAM holds about 12.79% of MetalQuest Mining, or 19.05% if warrants are exercised.
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20257 releases
NEW AGE METALS EXPANDS BONANZA RIDGE GOLD ANDCRITICAL METALS PROJECT/STRATEGIC ACQUISITION OFLAVENDER LAKE & SOUTH GIBI LAKE PROPERTIES
An option agreement effective December 8, 2025 with prospectors Troy Gallik (75%) and Shaun Holmes (25%) gives New Age Metals the right to acquire 100% of the Lavender Lake Property (64 mining claims plus 1 patented claim, 1,335 ha) and the adjacent South Gibi Lake Property (186 claims, 3,881 ha), located ~25 km southeast of Kenora, northwestern Ontario, subject to a 2% NSR buyable to 1% for $1 million. Payments over three years total $152,500 cash plus equal share issuances for Lavender and $50,000 cash plus shares for Gibi, with a minimum deemed issue price of $0.255.
AcquisitionNew Age Metals Options Magnet Lake Property Further Expanding the Bonanza Ridge Gold & Critical Metals Project, Kenora Mining District, Ontario
An option agreement effective December 4, 2025 gives New Age Metals the right to acquire 100% of the Magnet Lake Property, 55 claims totalling 1,147 ha (2,834 acres) about 25 km southeast of Kenora, Ontario, via staged payments of $10,000, $10,000, $27,500 and $35,000 in cash plus $25,000, $50,000, $60,000 and $100,000 in shares over three years, subject to a 2% NSR buydownable to 1% for $1 million. Due diligence grab sampling of 37 samples returned up to 2.14% Cu at Hollow Lake. The property will be added to the Bonanza Ridge Gold and Critical Metals Project.
AcquisitionAXIOM EXPLORATION GROUP INITIATES XCITE™ HELICOPTER-BORNE TDEM SURVEY OVER NAM’S SENTINEL ANTIMONY PROPERTY, NEWFOUNDLAND, NAM MONITORS FINTECH SOLUTIONS TO ENHANCE MARKET TRANSPARENCY
Axiom Exploration Group Ltd. has been engaged to fly a helicopter-borne Xcite™ time-domain electromagnetic survey, now underway, over the Sentinel Antimony Property in central Newfoundland, covering approximately 460 line-kilometres at 100-metre line spacing with co-collected magnetic data; a LiDAR survey will follow in spring 2026. It is the first modern airborne geophysical program on the property, which lies about 5 km southwest along trend of the Beaver Brook Antimony Mine. Axiom will deliver conductivity depth imaging products and magnetic maps to guide ground follow-up.
Drill resultsNew Age Metals Receives Exchange Approval for Bonanza Gold Project, Kenora Gold District, Ontario
TSX Venture Exchange approval has been received for the option to acquire 100% of the Bonanza Gold Project, 114 mining claims and 1 patented claim totalling 2,191 hectares (5,414 acres) about 25 km southeast of Kenora, northwestern Ontario, from three arm's-length local prospectors who retain a 2% NSR, 1% of which is repurchasable for $1 million. On closing, 302,298 common shares at a deemed $0.4135 and $40,000 cash are being issued, with contingent milestone payments of $250,000 each on NI 43-101 resources exceeding one million and 2.5 million ounces of gold. September due diligence grab samples from 5 prospects returned values including 1.1, 13.2, 31.9 and up to 127 g/t Au.
CorporateNew Age Metals Prepares its Platinum Group Metals Division to Launch
A corporate overview of the PGM division covers the 100%-owned River Valley Palladium Project near Sudbury, Ontario, which holds an NI 43-101 Mineral Resource of approximately 2.3 Moz of combined palladium, platinum and gold in the Measured and Indicated categories plus 1.6 Moz Inferred at a $15/tonne NSR cut-off, and is being relaunched after being largely inactive since 2024. New three-year Ontario exploration permit applications covering River Valley and the Mustang Zone are expected to be in place by year end. At the 4,144-hectare Genesis PGM-Cu-Ni Project in Alaska, a summer 2025 program collected 134 rock samples with assays pending; NAM is seeking an earn-in or joint venture partner.
CorporateNew Age Metals Closes Private Placement For a Total of $4 Million With Eric Sprott Subscribing For $2 Million In The First Tranche
The third and final tranche of a non-brokered private placement closed with 1,738,845 flow-through units at $0.26 and 747,727 non-flow-through units at $0.22 for gross proceeds of $616,599.64, bringing the total across all tranches to $4,000,000. Eric Sprott subscribed for $2,000,000 in the first tranche for 9,090,910 units and held about 34.37% of the company on a partially diluted basis before this closing. Finder's fees of $22,070 cash and 88,337 finder warrants were paid. Proceeds fund exploration in Newfoundland, Ontario and Manitoba and working capital.
FinancingNew Age Metals Inc. Provides Shareholder Update Regarding Upcoming Annual General Meeting and a Summary of Company’s Projects and Go Forward Plan
New Age Metals' annual general meeting will be held November 12, 2025 at 2:00pm Eastern at its field office in Rockport, Ontario, with business including setting the board at five directors, electing directors and re-appointing Shim & Associates LLP as auditors; proxies must reach Computershare by 2:00pm Eastern on November 7, 2025. Because of rotating Canada Post strikes, meeting materials may not reach shareholders in time and will be posted on SEDAR+ and the company website on October 16, 2025.
Corporate