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New Age Metals Inc.
Summary
| Project: | River Valley | |
|---|---|---|
| Deposit: | River Valley | |
| Location: | Canada | |
| Commodities: | Copper-Nickel-Cobalt-Gold-Palladium-Platinum | |
| Date: | 6/2/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 2-6-2020: New Age Metals Inc. announces an Exploration/Drilling Update report for its River Valley deposit at the River Valley project. Drilling results incl. 12m @ 778ppb Pd, 291ppb Pt, 32ppb Au, 679ppm Cu, 205ppm Ni, 35ppm Co from 50m. June 2 nd , 2020 | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Bill Stone (Not stated) | |
| ABSTRACT: | June 2 nd , 2020 Rockport, Canada – New Age Metals Inc. (TSXV: NAM; OTCQB: NMTLF; FSE: P7J). The Company is pleased to announce new results from the 2020 Phase 1 exploration drilling program at its 100% owned River Valley Palladium Project. This district-scale land package and large mineral resource is located near the City of Sudbury, Ontario, and its world-class mining and processing facilities. Chairman and CEO Harry Barr stated; “Phase 1 of the 2020 drill program was successful in extending the known limits of the Pine Zone Palladium mineralization 50 metres up-dip to the north and 50 metres along strike to the east. The Palladium mineralization is still open to expansion by drilling to the east, particularly testing a strong IP chargeability high located about 400 metres along strike, and also by drilling down-dip to the south (see Figure 1). The 2020 drilling was also successful at broadly establishing the presence of Palladium mineralization at the connection of the Pine Zone to the Dana North Zone.” This release describes results from 1,685.5 metres of drilling in 8 holes completed in Q2 2020 on the Pine Zone-Dana North Zone area of the multi-million-ounce River Valley Palladium Project. The objectives of the drill program were threefold | |
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