New Age Metals Inc. (NAM) (TSXV:NAM ) ; ( OTC:NMTLF ) ; ( FSE:P7J) (“NAM” or the “Company”) New Age Metals announces results from the surface prospecting activities at its 100% owned Lithium One Project near Lac du Bonnet, Manitoba. The project was co-funded by the Manitoba Chamber of Commerce’s administered Manitoba Mineral Development Fund (MMDF). Work completed on the Property in the fall months of 2020 consisted of field rock sampling and geological mapping. Reported herein are the assay results for grab samples testing the Silverleaf Pegmatite, Greer Lake Quarry, and other locations on the Lithium One Project (Table 1).
Table 1: 2020 Silverleaf assay result highlights from grab samples.
----------------------------------- |Sample|Li2O (%)|Rb2O (%)|Cs2O (%)| |---------------------------------| |171878|0.03 |0.13 |0.00 | |---------------------------------| |171879|3.12 |0.13 |0.02 | |---------------------------------| |171880|0.15 |0.11 |0.00 | |---------------------------------| |171881|0.05 |0.02 |0.00 | |---------------------------------| |171882|1.43 |1.06 |0.08 | |---------------------------------| |171883|2.06 |0.87 |0.06 | |---------------------------------| |171886|1.40 |0.47 |0.05 | |---------------------------------| |171887|2.39 |1.81 |0.26 | |---------------------------------| |171888|2.82 |2.15 |0.31 | |---------------------------------| |171889|0.16 |0.17 |0.01 | |---------------------------------| |171890|1.93 |0.49 |0.04 | -----------------------------------
Figure 1: Newer outcrop exposure of spectacular Spodumene-Lepidolite mineralization at Silverleaf.
Mineral prospecting activities in the fall of 2020 focused on Silverleaf Zone and Greer Lake Quarry (Figures 2, 3, and 4). The purpose of the field work was to examine possible extensions of the Silverleaf Pegmatite and the Greer Lake Pegmatite Quarry. A total of 75 field samples were collected.
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