Agoracom Blog Home

Archive for the ‘New Age Metals’ Category

New Age Metals $NAM $ NMTLF Announces Upsize of Private Placement to $5.25 Million $WG.ca $XTM.ca $WM.ca $PDL.ca

Posted by AGORACOM-Eric at 8:38 AM on Friday, February 26th, 2021
http://www.smallcapepicenter.com/NAM%20square.png

New Age Metals Inc. (TSXV:NAM) (OTC:NMTLF) (FSE:P7J) (“NAM” or the “Company“), is pleased to announce that, due to strong investor demand, it has increased its previously announced non-brokered private placement offering (the “Private Placement”) to up to $5,250,000, consisting of: (i) up to $3,500,000 in units of the Company (the “Units”) at a price of $0.16 per Unit and (ii) up to $1,750,000 in flow-through units of the Company (the “FT Units”) at a price of $0.20 per FT Unit.

Each Unit shall be comprised of one common share (a “Common Share“) of the Company and one-half of one Common Share purchase warrant of the Company (each whole warrant, a “Warrant“). Each Warrant shall entitle the holder thereof to purchase one additional Common Share at an exercise price equal to $0.20 at any time up to 24 months from closing of the Private Placement.

Each FT Unit will consist of one common share of the Company that will qualify as a “flow-through share” within the meaning of subsection 66(15) of the Income Tax Act (Canada) (“FT Common Share”) and one-half of one common share purchase warrant (each whole warrant, a “FT Unit Warrant”). Each FT Unit Warrant shall entitle the holder thereof to purchase one Common Share at an exercise price equal to $0.25 at any time up to 24 months closing of the Private Placement.

The Company intends to use the net proceeds from the sale of Units towards its exploration and development work on its projects. The primary use of proceeds from this financing will be for the completion of a Prefeasibility Study for the Company’s flagship River Valley Platinum Group Metals (PGM) Project, one of North America’s largest undeveloped primary palladium projects, and for general corporate and working capital purposes. The Company intends to use the net proceeds from the sale of FT Units towards its exploration work on both the Company’s PGM and Lithium divisions. This will include a maiden drill program on the Company’s Lithium Two Project in Manitoba and continued drilling at River Valley.

Read More:https://agoracom.com/ir/NewAgeMetals/forums/discussion/topics/756137-new-age-metals-announces-upsize-of-private-placement-to-5-25-million/messages/2305541#message

VIDEO – New Age Metals Has 2.9Moz of #Palladium Equivalent (M&I), 7 #Lithium Projects And Eric #Sprott As An Investor To Win The Green Metal Revolution $WG.ca $XTM.ca $WM.ca $PDL.ca $GLEN

Posted by AGORACOM-JC at 4:33 PM on Wednesday, January 27th, 2021

Harry Barr / Chairman, CEO & Director of New Age Metals Inc. / (TSXV:NAM); (OTC:NMTLF); (FSE:P7J) discusses the River Valley PGM deposit, as well as their Lithium holdings.  Advancement of the River Valley PGM deposit is ongoing studies conducted continue to solidify the value of the 2.9Moz Palladium Equivalent (Measured & Indicated) resource.

With Palladium increasing 25%, the $2300 threshold for Palladium has been breached, and investors are starting to take notice; as they should.  One of mining’s great investors, Eric Sprott is already a strategic shareholder. 

River Valley Highlights 

  • 100% ownership of a multi-million-ounce district scale North American Palladium asset
  • 100 km north east of Sudbury, $40M of expenditures at River Valley Palladium Project
  • Positive Preliminary Economic Assessment (PEA)complete, working towards Prefeasibility (PFS)
  • Excellent exploration upside across the Company’s project portfolio
  • River Valley Project payable metal suite hosts other battery metals  including copper, nickel, cobalt

Have a seat and find out why New Age Metals is a leader of Green Metal Projects in North America.

New Age Metals $NAM.ca Provides Lithium One Project Surface Exploration Results $NAM.ca $WG.ca $XTM.ca $WM.ca $PDL.ca $GLEN

Posted by AGORACOM-Eric at 8:49 AM on Tuesday, January 12th, 2021
http://www.smallcapepicenter.com/NAM%20square.png

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.

Read More:https://agoracom.com/ir/NewAgeMetals/forums/discussion/topics/752803-nam-provides-lithium-one-project-surface-exploration-results/messages/2297191#message

#Platinum and #palladium to run higher as industrial demand picks up in 2021 – SPONSOR: New Age Metals $NAM.ca $WG.ca $XTM.ca $WM.ca $PDL.ca $GLEN

Posted by AGORACOM-JC at 9:53 AM on Thursday, December 31st, 2020

SPONSOR: New Age Metals Inc. The company owns one of North America’s largest primary platinum group metals deposits in Sudbury, Canada. The company has an updated NI 43-101 Mineral Resource Estimate of 2,867,000 PdEq Measured and Indicated Ounces, with an additional 1,059,000 PdEq Ounces Inferred. Learn More.

  • Some analysts expect that as the global economy returns to some normalcy, palladium will resume its sharp uptrend from 2019.
  • Before the pandemic decimated the global economy, palladium prices were rocketing higher, hitting an all-time high above $2,700.
  • The price of the precious industrial metal has been driven by a significant supply and demand imbalance.
  • Demand for palladium has risen sharply over the years as automakers use more of the metal to meet tightening emission standards; meanwhile, supply has dropped sharply.

By: Neils Christensen

(Kitco News) – Although gold attracted a lot of attention in 2020, especially after hitting an all-time high in August, investors should have been paying attention to platinum group metals (PGMs), according to some analysts.

Like all other assets, the PGM space has been extremely volatile this past year as investors have tried to navigate the massive uncertainty and economic destruction caused by the COVID-19 pandemic. However, looking ahead, many analysts are fairly optimistic that platinum and palladium will attract new investor attention due to rising industrial demand as the global economy starts to recover from the effects of the coronavirus.

The two metals are primarily used in autocatalytic converters to reduce harmful exhaust emissions. Palladium is used in gasoline-powered engines, and platinum is used in diesel-powered vehicles. Platinum also has a slight advantage over palladium when it comes to physical demand as it also has a small jewelry market.

Some analysts expect that as the global economy returns to some normalcy, palladium will resume its sharp uptrend from 2019. Before the pandemic decimated the global economy, palladium prices were rocketing higher, hitting an all-time high above $2,700. The price of the precious industrial metal has been driven by a significant supply and demand imbalance. Demand for palladium has risen sharply over the years as automakers use more of the metal to meet tightening emission standards; meanwhile, supply has dropped sharply.

Platinum and palladium saw some renewed interest in November after Democratic candidate Joe Biden solidified his presidential win. Economists and market analysts expect that a Biden administration will lead to tighter environmental regulations and a renewed focus on developing green energy technology.

In a report published last month, Jonathan Butler, precious metals analyst at Mitsubishi, said that one of the first acts of the new government will bw to rejoin the Paris Climate Accord.

“Regardless of the ease with which the new administration can pass climate-friendly legislation from next year, rejoining the Paris agreement will be a clear signal of intent and will likely be followed by moves to improve vehicle fuel efficiency and regulate other pollutants as well as promote green energy. This is likely to be generally favorable to PGMs in emissions control, coming at a time when the auto industry is in recovery phase and as the rest of the United States follow California’s lead in addressing regulated pollutants and lowering average vehicle CO2 emissions,” he said.

While analysts expected platinum and palladium to push higher next year, the sentiment is mixed as to what metal will outperform in 2021. 

Analysts at Metals Focus said that they see palladium prices pushing to $3,000 an ounce in 2021. The analysts said that the metal is expected to see its 10th annual supply deficit next year.

“Even though global light-duty vehicle production will only return to its 2019 level by 2022, palladium autocatalyst offtake could touch a new all-time high in 2021,” the analysts said. “This reflects the metal’s dominance in the gasoline segment and the trend towards higher metal loadings in response to tightening emission standards.”

Metals Focus is relatively neutral on platinum as it expects prices to average $1,000 an ounce next year.

“Jewelry demand will remain healthy due to platinum’s hefty discount to gold. Overall, the market is expected to become broadly balanced in 2021, keeping above-ground stocks near record levels,” the analysts said.

Analysts at TD Securities are also slightly more optimistic on palladium compared to platinum. The Canadian bank also sees palladium pushing closer to $3,000 an ounce by the end of next year. The bank is an average price forecast of $2,656 an ounce for 2021.

Meanwhile, the TD analysts see platinum prices averaging the year around $1,013 an ounce, with prices peaking in the fourth quarter.

“Overall, the pandemic aftershock’s will likely result in a primary market surplus for platinum, particularly driven by a strong recovery in South African production, yet we expect investment demand for the metal to balance the market when the dust settles. While speculative demand for platinum has not benefited from the surge in appetite for gold and silver, it will likely benefit from speculative interest in the reflationary tailwinds expected for next year as the vaccine deployment helps the global recovery,” the commodity analysts said in their 2021 forecast report.

“At the same time, given that palladium will remain in a deficit, and that expectations for substantial headwinds from substitution may still not materialize as quickly as some anticipate, periods of scarcity and higher prices may still ensue in the New Year.”

However, not all analysts are convinced that palladium will be the biggest winner among PGMs in 2021.

Analysts at Commerzbank gives platinum a slight edge in 2021. In its outlook forecast, the bank sees platinum prices averaging $1,250 an ounce in the fourth quarter of next year, up nearly 17% from current prices. At the same time, palladium is seeing averaging the fourth quarter around $2,500 an ounce, up only 5% from current prices.

For the year, the German bank sees platinum prices averaging around $1,1125 an ounce; they see palladium averaging 2021 around $2475 an ounce.

One major wild card that could have a significant impact on PGM metals and push platinum demand higher is the development of green hydrogen technology.

While many economists are expecting to see surging demand for electric vehicles in the coming years, battery technology has not been sufficient enough for heavy-duty vehicles. Many companies are looking at hydrogen fuel cells to fill the important void.

Platinum is the critical metal used in the process that separates water into hydrogen and oxygen.

“New demand for platinum is definitely creating a compelling investment story for the precious metal and could drive industrial demand.” Said Steve Dunn, head of exchange-traded products at Aberdeen Standard Investments, in a recent interview with Kitco News. “This story can’t be found in palladium.”

Trevor Raymond, head of research at the World Platinum Investment Council, said that he is watching the developing green hydrogen economy very closely.

“For many governments fighting climate change has become a major priority, but fewer funds are available to make broad sweeping changes. The development of hydrogen as an alternative fuel source is one of the most cost-effective options we have,” he said in an interview with Kitco News.

“The COVID-19 pandemic gave the world a glimpse of what it could look like. There was clean air where there has never been clean air, and I don’t think we want to go back,” he added. “Green hydrogen gives you short-term cost-effectiveness and a long-term alternative energy solution.”

Not only is new demand from a growing sector increasing interest in platinum, but Dunn added that the precious metal could attract investor interest in 2021 as investors look for more value in the precious metal space.

Source: https://www.kitco.com/news/2020-12-31/Platinum-and-palladium-to-run-higher-as-industrial-demand-picks-up-in-2021.html

New Age Metals $NAM.ca $NMTLF Corporate Update – Year in Review & Outlook for 2021 $LIX.ca $LI.ca $WM.ca $PDL.ca $GLEN

Posted by AGORACOM-JC at 8:59 AM on Tuesday, December 22nd, 2020
http://www.smallcapepicenter.com/NAM%20square.png
  • In 2020 the Company’s primary objective was to follow up on recommendations made in the 2019 River Valley Palladium Project Preliminary Economic Assessment (PEA).
  • The River Valley Palladium Project is one of North America’s largest undeveloped primary Platinum Group Metal (PGM) projects. The Project has excellent infrastructure and is within 100 kilometres of the Sudbury Metallurgical Complex. The Project is 100% owned by New Age Metals.
  • The Company completed a three-phase exploration and development plan at River Valley which included drilling, environmental, and archaeological studies.
  • The Company also completed follow-up mapping and sampling programs on its Lithium One Project in Southeast Manitoba. The program was co-funded by the Manitoba Chamber of Commerce’s, Manitoba Mineral Development Fund (MMDF). In December the Company received a drill permit for its Lithium Two Project and a permit is pending for Lithium One. Further drill target definition surveys are being contemplated for 2021.
  • The Company is expecting results and corresponding press releases from both its rhodium evaluation program at River Valley and the surface sampling program from its Lithium One Project in Manitoba before the end of January 2021.
  • The spot price of an ounce of Palladium increased by over 18% in the last year, to $US2,220/oz as at December 21, 2020. Rhodium, which is also present at River Valley, has seen a price increase of over 160% year-to-date to $US16,000/ oz.
  • The Company is actively seeking an option/joint venture partner for our Genesis PGM-Cu-Ni Project in Alaska and for our Lithium division in Manitoba.

December 22, 2020 – Rockport, Canada – New Age Metals Inc. (TSXV:NAM ) | ( OTC:NMTLF ) | ( FSE:P7J) Harry Barr, Chairman & CEO, stated ; “We are pleased to provide shareholders with a year end review of our activities in 2020 and a view of our exploration and development plans for our portfolio of green metal projects in 2021.”

The Company’s primary objective this year was to follow-up on recommendations made in the 2019 River Valley Project PEA. To that end we have completed a three-phase exploration and development plan which included two rounds of drilling, initiated environmental baseline and archaeological studies, and have commenced a phase one rhodium evaluation program with the objective of including rhodium as a payable metal.

As we progress into 2021, we are focused on advancing River Valley to a Prefeasibility study. This would include recommendations to complete metallurgy, hydrogeology, geotechnical surveys, an updated mineral resource estimate, environmental baseline, infill and exploration drilling. Management is currently soliciting quotes from third party engineering firms with the objective of completing a final Prefeasibility budget by the end of February 2021. Subject to the completion of additional funding we plan to initiate this study by the third quarter of 2021 and our objective is to complete the Prefeasibility study by the end of the first quarter of 2022.

Genesis PGM-Cu-Ni Project

The Genesis PGM-Cu-Ni Project is an under explored, highly prospective drill ready property. In 2020 NAM’s management continued to seek an option/joint-venture partner for this road accessible PGM-Cu-Ni Project using the Prospector Generator business model. COVID-19 disrupted property visits which in turn hindered any finalization of a potential option / joint venture deal. The Company paid for all holding costs in 2020 and the project remains in good standing. The stable land status, ease of access and superb infrastructure make this project prospective for year-around exploration, and development.

2020 Exploration and 2021 Plans for Lithium Division

The Company has several Lithium and Rare Element Projects in the Winnipeg River Pegmatite Field, located in South East Manitoba and situated around the Tanco Mine. The world-class Tanco Pegmatite is a highly fractionated lithium-cesium-tantalum (LCT)–type pegmatite that has historically been mined (Tanco Mine) since 1969 for Li, Ta, Cs, Rb and Be ores. The Tanco Pegmatite is a very rich tantalum and cesium deposit with it being the world’s most significant and richest known source of cesium representing more than two-thirds of the world’s reserve.

In 2020, the company conducted a follow-up round of surface exploration work on its Lithium One Project to generate future drill targets. This program was co-funded by a grant from Manitoba Chamber of Commerce’s, Manitoba Mineral Development Fund (MMDF). Over 80 samples have been sent to a laboratory in Saskatchewan and results are expected in January. Samples from a previous work program on the project were taken from the Silverleaf and Annie pegmatites and not only returned significant Li20 assays of up to 4.1% but heightened levels of Rubidium Oxide (Rb2O).

Management plans to make a second application for a grant from the MMDF in 2021. In December 2020 the Company received a drill permit for its Lithium Two Project and the application for a permit on Lithium One was submitted to the Manitoba government. The Company continues to solicit potential option/joint venture partner(s) to continue the development of its Lithium division.

Shares for Services

The Company has issued 135,600 common shares at a deemed value of $0.10 per share to Agora Internet Relations Corp. (“AGORACOM”) pursuant to the terms of the March 2020 agreement. The securities issued represent the fourth payment for services under the terms of the agreement and are subject to a four month plus one day hold period expiring April 22, 2021.

Opt-in List

If you have not done so already, we encourage you to sign up on our website ( www.newagemetals.com ) to receive our updated news.

About NAM

New Age Metals is a junior mineral exploration and development company focused on the discovery, exploration and development of green metal projects in North America. The Company has two divisions; a Platinum Group Metals division and a Lithium/Rare Element division. The PGM division includes the 100% owned, multi-million-ounce, district scale River Valley Project, one of North America’s largest undeveloped Platinum Group Metals Projects, situated 100 km from Sudbury, Ontario. The Company has recently completed a Preliminary Economic Assessment on the project and is working towards Prefeasibility. In Alaska the Company owns 100% of the Genesis PGM-Cu-Ni Project.

The Lithium division is the largest mineral claim holder in the Winnipeg River Pegmatite Field, where the Company is exploring for hard rock lithium and various rare elements such as tantalum and rubidium.  Our philosophy is to be a project generator with the objective of optioning our projects with major and junior mining companies through to production. The Company is actively seeking an option/ joint venture partner for its road-accessible Genesis PGM-Cu-Ni project in Alaska and for our Lithium division in Manitoba.

Investors are invited to visit the New Age Metals website at www.newagemetals.com where they can review the company and its corporate activities. Any questions or comments can be directed to [email protected] or Harry Barr at [email protected] or Cody Hunt at [email protected] or call 613 659 2773.

On behalf of the Board of Directors

Harry Barr”

Harry G. Barr

Chairman and CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward Looking Statements: This release contains forward-looking statements that involve risks and uncertainties.  These statements may differ materially from actual future events or results and are based on current expectations or beliefs.  For this purpose, statements of historical fact may be deemed to be forward-looking statements.  In addition, forward-looking statements include statements in which the Company uses words such as “continue”, “efforts”, “expect”, “believe”, “anticipate”, “confident”, “intend”, “strategy”, “plan”, “will”, “estimate”, “project”, “goal”, “target”, “prospects”, “optimistic” or similar expressions.  These statements by their nature involve risks and uncertainties, and actual results may differ materially depending on a variety of important factors, including, among others, the Company’s ability and continuation of efforts to timely and completely make available adequate current public information, additional or different regulatory and legal requirements and restrictions that may be imposed, and other factors as may be discussed in the documents filed by the Company on SEDAR (www.sedar.com), including the most recent reports that identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements.  The Company does not undertake any obligation to review or confirm analysts’ expectations or estimates or to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.  Investors should not place undue reliance on forward-looking statements.

EVENT: New Age Metals $NAM.ca $NMTLF Virtual Roadshow Today at 12:00 pm EST $LIX.ca $LI.ca $WM.ca $PDL.ca $GLEN

Posted by AGORACOM-JC at 10:37 AM on Friday, December 18th, 2020

REGISTER HERE.

$NAM.ca Provides #PGM and #Lithium Exploration Update $LIX.ca $LI.ca $WM.ca $PDL.ca $GLEN

Posted by AGORACOM-JC at 9:05 AM on Thursday, November 5th, 2020
  • Chairman and CEO, Harry Barr stated, “In the last week we have delivered over 300 River Valley samples from our core storage facility to Geolabs in Sudbury from which we expect assay results returned in early December. The analytical packages used at the lab will test for rhodium, palladium, platinum, ruthenium and iridium. Additionally, our field team in Manitoba have collected over 80 rock samples to be sent to Saskatchewan Research Council laboratories from our Lithium One Project. A second phase of rock sampling and mapping begins this week.”

November 5, 2020 – Rockport, Canada – New Age Metals Inc. (NAM) (TSXV:NAM ) ; ( OTC:NMTLF ) ; ( FSE:P7J) (“NAM” or the “Company”) NAM is pleased to provide an update on exploration activities for the Company’s two green metal divisions.

Chairman and CEO, Harry Barr stated, “In the last week we have delivered over 300 River Valley samples from our core storage facility to Geolabs in Sudbury from which we expect assay results returned in early December. The analytical packages used at the lab will test for rhodium, palladium, platinum, ruthenium and iridium. Additionally, our field team in Manitoba have collected over 80 rock samples to be sent to Saskatchewan Research Council laboratories from our Lithium One Project. A second phase of rock sampling and mapping begins this week.”

Exploration Update


Click Image To View Full Size

On September 29 the Company announced its plans for the third phase of exploration and development work at the flagship River Valley Palladium Project which includes the initiation of a project wide rhodium evaluation program and the second round of environmental baseline work in 2020. Story Environmental have scheduled the delivery of a final report presenting their work for the end of January 2021. The stated objective of the rhodium evaluation program is to ultimately evaluate the feasibility of including rhodium as a payable metal as part of the River Valley Project’s payable metal suite , that includes palladium, platinum, gold, copper, and nickel. The work in the final quarter of 2020 will focus on assaying historical River Valley samples for rhodium and other metals. This work will require follow-up metallurgical test work to prove rhodium recoverability.


Click Image To View Full Size

The Company’s River Valley core storage facility holds core from over 700 holes (above)


Click Image To View Full Size

Pictured above are field crew members from the Twohearts foundation who collaborated with New Age consultants at our latest field program at Lithium One.


Click Image To View Full Size

Above is a new outcrop exposure of the Silverleaf pegmatite displaying spodumene-lepidolite mineralization and on the right are.

Additional Activities for Q4 2020

Additional activities planned for Q4 regarding River Valley include exploration targeting which will continue to focus on footwall mineralization, though at the Dana South Zone in addition to the Pine Zone-T3 target. The interior of the River Valley Intrusion will also be re-evaluated for the possibility of MT and gravity surveys to aid development of targeting models for reef-type PGM deposits.

Shares for Services

The Company has issued 226,000 common shares at a deemed value of $0.06 per share to Agora Internet Relations Corp. (“AGORACOM”) pursuant to the terms of the March 2020 agreement. The securities issued represent the third payment for services under the terms of the agreement and are subject to a four month plus one day hold period expiring March 5, 2021.

About NAM

New Age Metals is a junior mineral exploration and development company focused on the discovery, exploration and development of green metal projects in North America. The Company has two divisions; a Platinum Group Metals division and a Lithium/Rare Element division. The PGM division includes the 100% owned, multi-million-ounce, district scale River Valley Project, one of North America’s largest undeveloped Platinum Group Metals Projects, situated 100 km from Sudbury, Ontario. The Company has recently completed a Preliminary Economic Assessment on the project and is working towards Prefeasibility. In Alaska the Company owns 100% of the Genesis PGM-Cu-Ni Project in Alaska. The Lithium division is the largest mineral claim holder in the Winnipeg River Pegmatite Field, where the Company is exploring for hard rock lithium and various rare elements such as tantalum and rubidium. Our philosophy is to be a project generator with the objective of optioning our projects with major and junior mining companies through to production. The Company is actively seeking an option/ joint venture partner for its road-accessible Genesis PGM-Cu-Ni project in Alaska and for our Lithium division in Manitoba.

About the River Valley Palladium Project

The details of the updated Mineral Resource Estimate (MRE) and Preliminary Economic Assessment (PEA) were announced in the press release dated August 9, 2019 and are described on NAM’s website. The pit constrained Updated Mineral Resource Estimate formed the basis of the PEA . At a cut-off grade of 0.35 g/t PdEq, the Updated Mineral Resource Estimate contains 2.867 Moz PdEq in the Measured plus Indicated classifications and 1.059 Moz PdEq in the Inferred classification. The PEA is a preliminary report, but it demonstrates that there are potentially positive economics for a large-scale mining open pit operation, with 14 years of Palladium production. Refer to the NAM website (www.newagemetals.com) for details.

Opt-in List

If you have not done so already, we encourage you to sign up on our website ( www.newagemetals.com ) to receive our updated news.

Qualified Person

The contents contained herein that relate to Exploration Results or Mineral Resources is based on information compiled, reviewed or prepared by Dr. Bill Stone, P.Geo., a consulting geoscientist for New Age Metals. Dr. Stone is the Qualified Person as defined by National Instrument 43-101 and has reviewed and approved the technical content of this news release.

On behalf of the Board of Directors

Harry Barr”

Harry G. Barr

Chairman and CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward Looking Statements: This release contains forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results and are based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-looking statements. In addition, forward-looking statements include statements in which the Company uses words such as “continue”, “efforts”, “expect”, “believe”, “anticipate”, “confident”, “intend”, “strategy”, “plan”, “will”, “estimate”, “project”, “goal”, “target”, “prospects”, “optimistic” or similar expressions. These statements by their nature involve risks and uncertainties, and actual results may differ materially depending on a variety of important factors, including, among others, the Company’s ability and continuation of efforts to timely and completely make available adequate current public information, additional or different regulatory and legal requirements and restrictions that may be imposed, and other factors as may be discussed in the documents filed by the Company on SEDAR (www.sedar.com), including the most recent reports that identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. The Company does not undertake any obligation to review or confirm analysts’ expectations or estimates or to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. Investors should not place undue reliance on forw ard-looking statements.

$NAM.ca #Lithium Division Program Begins on Lithium One Project, Manitoba $LIX.ca $LI.ca $NLC.ca $SLL.ca

Posted by AGORACOM-JC at 8:48 AM on Tuesday, October 6th, 2020
  • NAM owns 100% of eight pegmatite hosted Lithium Projects in the Winnipeg River Pegmatite Field, located in SE Manitoba
  • The eight projects are strategically situated within the Winnipeg River Pegmatite Field, which hosts the world class Tanco Pegmatite that has been mined for Tantalum, Cesium and Spodumene (one of the primary Lithium bearing minerals) in varying capacities, since 1969
  • The program is being jointly funded by the Company and the new Manitoba Mineral Development Fund (MMDF) from the Manitoba Chamber of Commerce
  • The 2020 field work program will focus on follow up exploration of the company’s 2018 field reconnaissance efforts on the Lithium One Project
  • 2018 surface exploration completed on the Lithium One project yielded field samples grading up to 4.1% Li2O and 6.11% Rb2O
  • The Company has an exploration agreement in place with the Sagkeeng First Nation who the Company has engaged to work collaboratively with on completing the 2020 program at Lithium One
  • NAMs flagship project is the 100% owned River Valley Palladium Project, one of North America’s largest undeveloped primary Palladium Projects

October 6, 2020 – Rockport, Canada – New Age Metals Inc. (NAM) (TSXV:NAM ) ; ( OTC:NMTLF ) ; ( FSE:P7J) (“NAM” or the “Company”) is pleased to announce that the field work planned at the Company’s Lithium One Project in South east Manitoba, has begun. Harry Barr, Chairman & CEO stated; “With the help of a grant from the Manitoba Mineral Development Fund we are pleased to have our technical team and consultants in the field completing the fall program on our Lithium One Project.”

Lithium One Work Program

To complete this program, NAM plans to contract both Carey Galeschuk and Dave Owens, the Company’s consulting geologists in addition to the Twohearts Foundation, a Sagkeeng First Nations exploration service company. The fall 2020 program will include rock sampling, mapping and prospecting at the Company’s Lithium One project in the Greer Lake region. The objective of the program is to surface sample areas that have not been looked at to date at the project and further outline future drill targets.


Click Image To View Full Size

Figure 1 : NAM Project Location Map – Winnipeg River Pegmatite Field. Lithium One Project is highlighted.

Manitoba Mineral Development Fund

In June 2020, the Manitoba Government opened application to the MMDF which offered $20 million in funding to jump-start mineral and economic development initiatives in the north and throughout the province. The MMDF, delivered and administered by the Manitoba Chambers of Commerce, will support new economic development opportunities that capitalize on existing assets in the north and across Manitoba. Projects funded by MMDF will benefit Manitoba’s economy and local communities alike with a partnership-based approach to help grow and diversify the provincial economy together with Indigenous communities.

Manitoba COVID-19 Relief

The Company is taking advantage of relief measures put in place by the Manitoba government for mineral/mining claim holders in 2020. A one-year extension of time on all mining claims and mineral exploration licenses has been granted for claims and licences expiring prior to April 30, 2021. All of New Age Metals claims are eligible for this extension . Furthermore, the Manitoba Agriculture and Resource Development Department has extended double-assessment credits for exploration work completed in 2020. Both of these relief measures will assist the company in maintaining its land position in the Winnipeg River Pegmatite Field and the work completed at Lithium One will provide extended work credits for the Company on that project.

Lithium One Project

The project is geologically situated in the southern extension of the Bird River Greenstone Belt. The pegmatites are associated with the Greer Lake and Shatford Lake Pegmatite Group of the Cat Lake – Winnipeg River Pegmatite Field. The Winnipeg River Pegmatite Field hosts the World-Class Tanco Pegmatite which has been mined since 1969 at the Tanco Mine Site, in various capacities and for various commodities. This pegmatite field is hosted in the Archean age Bird River Greenstone Belt and into the surrounding granites.

The Silverleaf Pegmatite was historically mined in the late 1920’s for spodumene and probably represents one of the first spodumene operations in North America. The central, most economic, portion of the pegmatite is composed of lepidolite surrounded by an envelope of spodumene and quartz. The lepidolite zone outcrops as three large masses with lengths and maximum widths as follows: 23 m x 6 m (75 x 20 ft); 12 m x 4 m (40 x 12 ft); 5.5 m x 3 m (18 x 11 ft); it is also found in a westerly cut over a width of 2 m (6.5 ft). Spodumene is known to outcrop over a 334 m 2 (3600 sq ft). A quartz-spodumene crystal measuring 91 cm x 17 cm (3 ft x 7 inch) was reported near the core zone back in 1933.

Historic drilling of the Silverleaf Pegmatite from the 1950’s indicated a tabular pegmatite body dipping 30? S and extending 168 m (550 ft), while ranging in thickness from 5 to 11 m over a drilled length of 245 m.

The Company’s Phase One Exploration Program in 2018 , sampled several of the known lithium-bearing pegmatites. The purpose of the exploration program was to obtain modern-day assay analyses of the Pegmatites and to ground proof some of the historic Pegmatite locations. Numerous Pegmatites and Pegmatite swarms were not sampled in the 2018 program and will be explored during the 2020 fall program.


Click Image To View Full Size

Figure 2: Annie Pegmatite showing an outcrop with abundant SQUI (Spodumene Quartz Intergrowths) mineralization – The pen in the photo is 8 cm in length.

About NAM

New Age Metals is a junior mineral exploration and development company focused on the discovery, exploration and development of green metal projects in North America. The Company has two divisions; a Platinum Group Metals division and a Lithium/Rare Element division. The PGM division includes the 100% owned, multi-million-ounce, district scale River Valley Project, one of North America’s largest undeveloped Platinum Group Metals Projects, situated 100 km from Sudbury, Ontario. The Company has recently completed a Preliminary Economic Assessment on the project and is working towards Prefeasibility. In Alaska the Company owns 100% of the Genesis PGM-Cu-Ni Project in Alaska. The Lithium division is the largest mineral claim holder in the Winnipeg River Pegmatite Field, where the Company is exploring for hard rock lithium and various rare elements such as tantalum and rubidium. Our philosophy is to be a project generator with the objective of optioning our projects with major and junior mining companies through to production. The Company is actively seeking an option/ joint venture partner for its road-accessible Genesis PGM Cu-Ni project in Alaska and for our Lithium division in Manitoba.


Click Image To View Full Size

Figure 4: White spodumene blades in a matrix of lepidolite (Lithium Mica) from the Silverleaf showing.

New Age Metals is a junior resource company on the TSX Venture Exchange, trading symbol NAM, OTCQB: NMTLF; FSE: P7J with 138,854,511 shares issued to date. Investors are invited to visit the New Age Metals website at www.newagemetals.com where they can review the company and its corporate activities. Any questions or comments can be directed to [email protected] or Harry Barr at [email protected] or Cody Hunt at [email protected] or call 613 659 2773.

About the River Valley Palladium Project

The details of the updated Mineral Resource Estimate (MRE) and Preliminary Economic Assessment (PEA) were announced in the press release dated August 9, 2019 and are described on NAM’s website. The pit constrained Updated Mineral Resource Estimate formed the basis of the PEA . At a cut-off grade of 0.35 g/t PdEq, the Updated Mineral Resource Estimate contains 2.867 Moz PdEq in the Measured plus Indicated classifications and 1.059 Moz PdEq in the Inferred classification. The PEA is a preliminary report, but it demonstrates that there are potentially positive economics for a large-scale mining open pit operation, with 14 years of Palladium production. Refer to the NAM website (www.newagemetals.com) for details.

Opt-in List

If you have not done so already, we encourage you to sign up on our website ( www.newagemetals.com ) to receive our updated news.

Qualified Person

The contents contained herein that relate to Exploration Results or Mineral Resources is based on information compiled, reviewed or prepared by Carey Galeschuk, a consulting geoscientist for New Age Metals. Mr. Galeschuk is the Qualified Person as defined by National Instrument 43-101 and has reviewed and approved the technical content of this news release with regard to technical aspects of the Lithium Division.

On behalf of the Board of Directors

” Harry Barr”

Harry G. Barr

Chairman and CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward Looking Statements: This release contains forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results and are based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-looking statements. In addition, forward-looking statements include statements in which the Company uses words such as “continue”, “efforts”, “expect”, “believe”, “anticipate”, “confident”, “intend”, “strategy”, “plan”, “will”, “estimate”, “project”, “goal”, “target”, “prospects”, “optimistic” or similar expressions. These statements by their nature involve risks and uncertainties, and actual results may differ materially depending on a variety of important factors, including, among others, the Company’s ability and continuation of efforts to timely and completely make available adequate current public information, additional or different regulatory and legal requirements and restrictions that may be imposed, and other factors as may be discussed in the documents filed by the Company on SEDAR (www.sedar.com), including the most recent reports that identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. The Company does not undertake any obligation to review or confirm analysts’ expectations or estimates or to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. Investors should not place undue reliance on forw ard-looking statements.

$NAM.ca Announces #Rhodium Assay Program for River Valley in Q4 2020 $WG.ca $XTM.ca $WM.ca $PDL.ca $GLEN

Posted by AGORACOM-JC at 8:33 AM on Tuesday, September 29th, 2020
  • Announced its Q4 2020 program for the River Valley Palladium Project near Sudbury, Ontario
  • Primary focus of the program is a Phase 1 of a multi-phase rhodium assay program designed to prove-up the world’s most valuable metal as a payable component of River Valley.
  • Chairman & CEO Harry Barr stated; “We have seen the price of rhodium run from $6,050 an ounce to a high of $13,800 this year and the company plans to investigate the potential economic metal credit that rhodium offers at River Valley
  • We know the project contains rhodium as evidenced by its presence in our latest Mineral Resource Estimate.
  • However, rhodium was not included as a payable metal in our 2019 Preliminary Economic Assessment (PEA), due to insufficient number of assays and limited metallurgical recovery information.”
  • The highest-grade rhodium assay is 0.873 g/t Rh for drill core from the Lismer North Ridge Zone
  • This potential metal credit may be significant at current pricing and our objective is to complete sufficient re-assaying and metallurgy to prove that rhodium could provide up to 5% of the Project’s payable metal package”.

September 29, 2020 –  Rockport, Canada – New Age Metals Inc. (NAM) (TSXV:NAM ) ; ( OTC:NMTLF ) ; ( FSE:P7J) (“NAM” or the “Company”) NAM is pleased to announce its Q4 2020 program for the River Valley Palladium Project near Sudbury, Ontario. The primary focus of the program is a Phase 1 of a multi-phase rhodium assay program designed to prove-up the world’s most valuable metal as a payable component of River Valley. Chairman & CEO Harry Barr stated; “We have seen the price of rhodium run from $6,050 an ounce to a high of $13,800 this year and the company plans to investigate the potential economic metal credit that rhodium offers at River Valley. We know the project contains rhodium as evidenced by its presence in our latest Mineral Resource Estimate. However, rhodium was not included as a payable metal in our 2019 Preliminary Economic Assessment (PEA), due to insufficient number of assays and limited metallurgical recovery information. The Mineral Resource Estimation work completed to date shows over 25,000 ounces of rhodium in the Measured plus Indicated resource classification and an additional 20,000 ounces in the Inferred classification. The highest-grade rhodium assay is 0.873 g/t Rh for drill core from the Lismer North Ridge Zone . The first phase of the rhodium work will focus on the northern area of the Project, where initial production would potentially begin as determined in the 2019 PEA Study. This potential metal credit may be significant at current pricing and our objective is to complete sufficient re-assaying and metallurgy to prove that rhodium could provide up to 5% of the Project’s payable metal package”.

Rhodium Market

Rhodium (Rh), one of the six Platinum Group Metals, is a silver-white metallic element that is highly reflective and strongly resistant to corrosion. Rh’s primary use is in catalytic converters of automobiles, where it reduces the amount of nitrogen oxides (NOx) exhaust gases emitted into the atmosphere. In 2019, almost 90% of rhodium demand was from the auto-catalyst sector . Rh is a very special metal in terms of its performance in converting NOx into harmless gases, and will continue to be the metal of choice for the control of NOx .

Mined supply of Rh in 2019 was over 750,000oz and recycled supply was 315,000oz, resulting in a deficit of approximately 50,000oz. Rh supply is inelastic to demand for various reasons: Rh content in the earth’s crust is extremely rare, and the metal is mined as a by-product of platinum and palladium mining or nickel mining. There is no such thing as a primary Rh mine, and the major producers are all located in South Africa . South Africa produces over 85% of the global Rh supply annually, with majority of this supply being generated by the mining companies listed below (Rh production listed as a percentage of overall mining production):

  • – Sibanye Stillwater (2019 Rh production, 7% overall contributed 22% of revenue) – Anglo Platinum (H12020 Rh production, 7.5% overall contributed 34% of revenue) – Impala Platinum (H12020 Rh production, 6.5% overall contributed 25% of revenue)


Click Image To View Full Size

Rhodium Assay Program

Rhodium (Rh), the world’s most valuable metal (US$ 12,000/oz as of September 28, 2020),
is present with palladium and platinum at the River Valley Deposit (Figure 1). However, the amount of existing Rh assays is relatively small and their spatial distribution limited, due to the high cost of assaying. The highest-grade rhodium assay is 0.873 g/t Rh for a core sample from the Lismer North Zone . Rhodium is included in the 2001, 2012, 2018 and 2019 Mineral Resource Estimates. Rhodium grades in the 2019 Mineral Resource Estimate (Table 1) are based on
Rh assay data for 7,471 drill core samples and 2,641 channel samples, for a total of 10,112 assays. Of these, 8,268 core and channel sample Rh assays records are for the Dana North Zone,
1,338 core and channel sample Rh assay records for the Dana South Zone, and 506 core sample assays for the Lismer Zones: there are no Rh assays available in the database for the Pardo, Pine, Banshee, Lismer Ridge, Varley, Azen, and Razor zones . Clearly, the Rh assay data distribution is highly concentrated at Dana North. Furthermore, the rhodium mineral hollingworthite (Rh, Pt, Pd) AsS has been identified during mineralogical and metallurgical testwork studies of drill core from Dana North and Dana South. Although included in the 2019 Mineral Resource Estimate for the River Valley Palladium deposit, Rh was excluded in the 2019 Preliminary Economic Assessment as payable metal in the Net Smelter Return estimates.

In addition, a relatively small amount of additional Rh assay data (337 analyses) are available for core samples analyzed during an academic research project and for surface grab samples (158) assayed during exploration programs. The highest grades were 0.372 g/t Rh for the core and 0.309 g/t Rh for the surface grab samples. However, these data cannot be used directly for Mineral Resource Estimation purposes.

The Rhodium Assay Program for Q4 2020 is to be based on re-assaying available drill core samples for Rh. The drill holes to be sampled will be carefully selected from representative drill cross-sections of priority zones, primarily Pine Zone and possibly Dana South and Lismer North. Samples from mineralized core intervals above the lower cut-off grade and adjacent material are to be submitted to an appropriate laboratory for PGM assay with enhanced detection limits.
In addition to Rh (and palladium platinum and gold), the minor PGM ruthenium (Ru) and iridium (Ir) will also be assayed. The Q4 2020 work will be Phase 1 of a multi-phase program . Pending results and progress, the follow-up phases of work will include more sampling and assaying and mineralogical and metallurgical testwork, in order to ultimately prove-up rhodium as a payable metal for the River Valley Project.


Click Image To View Full Size

Figure 1. The mineralized zones and current pit constrained Mineral Resource Estimates of the River Valley Palladium Deposit near Sudbury, Ontario. Source: NAM press release dated August 8, 2019.


Click Image To View Full Size


Click Image To View Full Size

Additional Activities for Q4 2020

Additional activities planned for Q4 regarding River Valley include environmental baseline studies, archaeological assessments, and development of new exploration targets for field validation and testing in 2021. The environmental baseline studies will involve a second round of surface water quality sampling and flow measurement. Exploration targeting will continue to focus on footwall mineralization, though at the Dana South Zone in addition to the Pine Zone-T3 target. The interior of the River Valley Intrusion will also be re-evaluated for the possibility of MT and gravity surveys to aid development of targeting models for contact-type PGM deposits.

About NAM

New Age Metals is a junior mineral exploration and development company focused on the discovery, exploration and development of green metal projects in North America. The Company has two divisions; a Platinum Group Metals division and a Lithium/Rare Element division. The PGM division includes the 100% owned River Valley Project, one of North America’s largest undeveloped Platinum Group Metals Projects, situated 100 km from Sudbury, Ontario as well as the Genesis PGM Project in Alaska. The Lithium division is the largest mineral claim holder in the Winnipeg River Pegmatite Field, where the Company is exploring for hard rock lithium and various rare elements such as tantalum and rubidium. Our philosophy is to be a project generator with the objective of optioning our projects with major and junior mining companies through to production. The Company is actively seeking an option/ joint venture partner for its road-accessible Genesis PGM project in Alaska and for our Lithium division in Manitoba.

About the River Valley Palladium Project

The details of the updated Mineral Resource Estimate (MRE) and Preliminary Economic Assessment (PEA) were announced in the press release dated August 9, 2019 and are described on NAM’s website. The pit constrained Updated Mineral Resource Estimate formed the basis of the PEA . At a cut-off grade of 0.35 g/t PdEq, the Updated Mineral Resource Estimate contains 2.867 Moz PdEq in the Measured plus Indicated classifications and 1.059 Moz PdEq in the Inferred classification. The PEA is a preliminary report, but it demonstrates that there are potentially positive economics for a large-scale mining open pit operation, with 14 years of Palladium production. Refer to the NAM website (www.newagemetals.com) for details.

Opt-in List

If you have not done so already, we encourage you to sign up on our website ( www.newagemetals.com ) to receive our updated news.

Qualified Person

The contents contained herein that relate to Exploration Results or Mineral Resources is based on information compiled, reviewed or prepared by Dr. Bill Stone, P.Geo., a consulting geoscientist for New Age Metals. Dr. Stone is the Qualified Person as defined by National Instrument 43-101 and has reviewed and approved the technical content of this news release.

On behalf of the Board of Directors

Harry Barr”

Harry G. Barr

Chairman and CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward Looking Statements: This release contains forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results and are based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-looking statements. In addition, forward-looking statements include statements in which the Company uses words such as “continue”, “efforts”, “expect”, “believe”, “anticipate”, “confident”, “intend”, “strategy”, “plan”, “will”, “estimate”, “project”, “goal”, “target”, “prospects”, “optimistic” or similar expressions. These statements by their nature involve risks and uncertainties, and actual results may differ materially depending on a variety of important factors, including, among others, the Company’s ability and continuation of efforts to timely and completely make available adequate current public information, additional or different regulatory and legal requirements and restrictions that may be imposed, and other factors as may be discussed in the documents filed by the Company on SEDAR (www.sedar.com), including the most recent reports that identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. The Company does not undertake any obligation to review or confirm analysts’ expectations or estimates or to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. Investors should not place undue reliance on forw ard-looking statements.

6 Small Cap Companies That Will Benefit from Canadian Liberal Government’s New Focus on Electric Vehicle #EV #Batteries and Vehicles $GRAT.ca $HPQ.ca $LMR.ca $NAM.ca $SX.ca $TN.ca

Posted by AGORACOM-JC at 2:11 PM on Friday, September 25th, 2020

The Liberal Government announced new measures towards climate, clean energy and transport in yesterday’s throne speech. This will no doubt help accelerate the transition toward electric mobility while ensuring a cleaner, healthier economy.  Here are 6 small cap companies that stand to benefit from these initiatives (in alphabetical order).

Gratomic Inc. (GRAT :TSXV) is gearing up to bring its high grade, environmentally sustainable graphite to the North American EV market. In a race that started in 2012, Gratomic is the only one of several graphite companies that has successfully brought its asset through to the final construction phase.

The Company is now ready to introduce its graphite to battery producers for use in advanced anode technology. Being of such naturally high purity, Gratomic’s vein graphite is ideal for use in this application, requiring simpler, less expensive and more efficient processing methods, resulting in a final product with naturally lower contents of deleterious elements.

In addition to its high purity levels, the Company’s Aukam graphite is a much cleaner alternative to this market’s current supply options as a sustainably sourced resource as per the Company’s September 3rd Press Release. The Company intends to establish a new benchmark for recording and guaranteeing the product’s carbon footprint, based on latest generation blockchain technology.

Gratomic is preparing the high grade Aukam Graphite mine for commercial production. The company anticipates commencement of production in Q4 of 2020 while producing 20,000 tonnes of high purity vein graphite annually to support a burgeoning market.

Hub On AGORACOM

————————————————–

HPQ Silicon Resources (HPQ:TSXV) is a Canadian producer of Silicon Solutions that is building a line of specialty silicon products needed for electric batteries. More than just lip service, HPQ has already announced NDA’s with 2 undisclosed companies in the space and has hinted at other NDA’s that are so tight they could not even be announced.

Over the past 5 years, HPQ has teamed up with 2 world renowned technology partners, including PyroGenesis Canada (PYR:TSXV)  to manufacture high purity silicon cleaner, cheaper and better than anyone in the world – because you can’t dig it out of the ground like other battery metals such as graphite, cobalt and nickel. Now HPQ is on the verge of sending samples of its industry leading silicon to NDA and other potential partners as early as December. 

However, despite providing shareholders with a great return during this period, HPQ’s silicon plan was still met by skepticism amongst investors who found it easier to understand traditional battery metal stories ….  This all changed on September 23rd 2020, when this headline emerged from Tesla’s “Battery Day” 

“Tesla To Revolutionize Use Of Silicon In Batteries: Slash Costs, Increases Range” 

HPQ-Silicon Resources –  Hub On AGORACOM  

PyroGenesis Canada – Hub On AGORACOM

————————————————–

Lomiko Metals (LMR: TSXV) discovered high-grade graphite at La Loutre property in Quebec and is working toward a Pre Economic Assessment to increase current resource to 10m/t of 10% Cg.

“Initial indications are that La Loutre Graphite Property is high-quality and high-grade and thus worthy of development.” stated A. Paul Gill, CEO. “The only operating graphite mine in North America which is the Imerys Graphite & Carbon at Lac-des-Îles, is 30 miles northwest of La Loutre and has operated for 30 years.

Lomiko is in an ideal position to participate in the Electrical Vehicle market with the potential to become a North American supplier of graphite materials.

Hub On AGORACOM

————————————————–

New Age Metals Inc. (NAM: TSXV) is a green metals company focused on PGM and Lithium. The company’s Lithium division is the largest mineral claim holder in the Winnipeg River Pegmatite Field, where the Company is exploring for hard rock lithium and various rare elements such as tantalum and rubidium.  Manitoba is THE untapped frontier for ‘Hard Rock’ Lithium.

The Company’s philosophy is to be a project generator with the objective of optioning its Lithium projects with major and junior mining companies through to production.

Hub On AGORACOM

————————————————–

St-Georges Eco-Mining (SX:CSE) is developing new technologies to solve some of the most common environmental problems in the mining industry.  The company is focused on value-adding the recovery of battery-grade nickel, ferronickel for alloying in the stainless steel industry and recovery of valuable elements such as cobalt. St-Georges is working on processing nickel and minimizing tailings with solutions to energy challenges.

The company is also working on lithium extraction technologies with non-conventional resources, such as clays, and working on ways to concentrate and reduce the environmental impact while unlocking the valuable content of the material.

More than just lip service, the Company’s lithium extraction technology has already delivered its first License agreement with Iconic Minerals in exchange for:

  •  $100,000 cash
  • 5,000,000 shares in 3 stages
  • A perpetual net revenue interest royalty (NRI) of 5% on all minerals produced on sites licensed with SX technologies in the state of Nevada

Hub On AGORACOM

————————————————–

Tartisan Nickel (TN:CSE) – 95 Million Pounds Of Contained Nickel

Nickel is the new gold, a critical element for the growing electric vehicle market, Tartisan just announced a re-estimation of the Mineral Resource Estimate at the Kenbridge Nickel-Copper-Cobalt Project. Kenbridge holds mineral resources of 7.5 Mt of 0.58% Ni and 0.32% Cu for a total of 95 Mlb of contained nickel.  Class 1 nickel sulphide deposits are emerging as a key supplier of Nickel to the growing electric vehicle market.

CEO Mr. Mark Appleby stated, “The Updated Mineral Resource Estimate was necessary to determine if Kenbridge mineralization is potentially extractable under current metal prices and exchange rates. This is a major milestone achieved by the Company as the market conditions for Class 1 nickel sulphide deposits improve. The differences between the previous P&E Mineral Resource Estimate (2008) and the current P&E Updated Mineral Resource Estimate are attributed to changes in metal prices and recalculation of NSR values.

Hub On AGORACOM