New Age Metals Inc.

(TheNewswire)   May 24th, 2023 – TheNewswire - Rockport, Ontario - New Age Metals Inc. (TSXV:NAM); (OTC:NMTLF); (FSE:P7J.F) (“NAM” or the “Company”) in regards with its Farm-in/Joint Venture agreement with Mineral Resources Ltd. (“MinRes”). NAM is pleased to announce that an interim budget of C$2 million has been approved by MinRes to fund the Project’s summer exploration program. The interim budget will cover all expenses related to the comprehensive summer work program including geophysical, geochemical, and archaeological survey...

(NewsDirect) New Age Metals CEO Harry Barr tells Proactive's Stephen Gunnion the company is encouraged by assay results from a rhodium geochemistry study at its River Valley palladium project near Sudbury, Ontario. Barr said the samples were collected from four metallurgical drill holes completed in 2021 at the project, with the highest assay result revealing 0.306 grams per ton (g/t) rhodium. With rhodium trading near $8,000 an ounce - five times higher than palladium and seven times higher than platinum - he said it makes sense to go back into the core that is on-site and re-assay with...

(TheNewswire) Rhodium (Rh) (~US$ 7,950/ ounce, dated 9st May 2023) is the most valuable platinum group metal (PGM), with recent spot price highs of 5 times higher than Pd and 7 times higher than Pt  552 Rh new assay results for the Dana and Lismer Zones of the River Valley Palladium Deposit  Highest assay result is 0.306 g/t Rh, with 33 more samples returned assays ≥0.100 g/t Rh and a total of 113 samples returned assays 0.050 g/t Rh   The highest Rh concentrations generally coincide with the highest palladium (Pd) and platinum (Pt) grades  Rh conc...