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Assays up to 3.3% Li2O on New Age Metals and Azincourt Energy Lithium Two Project in the Winnipeg River Pegmatite Field SE Manitoba, Multi-Project Update
(via TheNewswire) August 16 th , 2018 / TheNewswire / Rockport, Canada - New Age Met...
About this update from New Age Metals Inc
[{"type":"text","content":"Assays up to 3.3% Li2O on New Age Metals and Azincourt Energy Lithium Two Project in the Winnipeg River Pegmatite Field SE Manitoba, Multi-Project Update(via TheNewswire)\n \n\n\n\n- NAM has ownership of eight pegmatite hosted Lithium Projects in the Winnipeg River Pegmatite Field, located in SE Manitoba subject to an Option /Joint Venture agreement with Azincourt Energy Corp (AAZ)\n\n\n\n- NAMs flagship project is the 100% owned River Valley Project, North Americas largest undeveloped primary Platinum Group Metals (PGM) Project in Sudbury, Ontario. See the most recent press releases for the River Valley Project PEA dated July 25, 2018 and August 1, 2018.\n\n\n\n- NAM's lithium divisions exploration focus is on Lithium bearing pegmatites. \n\n\n\n- A sample of Spodumene blades was sampled from the FD5 Pegmatite. This sample yielded an assay of 7.62% Li2O.\n\n\n\n- Lithium Two assays received, up to 3.3% Li2O.\n\n\n\n- 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 minerals) in varying capacities, since 1969.\n\n\n\n- Surface exploration has also been completed on the Lithman North Project and ongoing exploration is continuing on Lithman East and Lithman East Extension Projects.\n\n\n\n- Drill permits have been applied for on the Lithium Two and Lithium One Projects and the company is awaiting approval from the province.\n\n\n\n\n\n \nAugust 16th, 2018 / TheNewswire / Rockport, Canada - New Age Metals Inc. (NAM) (TSX.V: NAM; OTCQB: NMTLF; FSE: P7J.F) New Age Metals is pleased to provide an update on the present exploration program with regards to the company's Manitoba Lithium Projects. The company's Lithium division, Lithium Canada Developments, has an aggressive exploration and development plan for 2018. NAMs Manitoba projects are financed via an Option/Joint Venture agreement with Azincourt Energy, see Figure 1, page 2. \n\n\n \nLithium Two Exploration Update \n\n\n \nExploration on the project consisted of reviewing, characterising and sampling all the known surface pegmatites. Fractionation samples of feldspars and micas were also collected and this will give the company an indication as to the degree of fractionation of the pegmatite with the more fractionat...