Business
Lithium One Project Surface Exploration Results
(TheNewswire) January 12, 2021 – TheNewswire - ...
About this update from New Age Metals Inc
[{"type":"text","content":"Lithium One Project Surface Exploration Results\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n - Mapping and sampling at the\nSilverleaf Pegmatite and Greer Lake Quarry completed in Fall 2020 on\nthe Lithium One Project returned numerous samples of strong lithium\nmineralization with assays up to 3.82% Li2O and Rubidium up to 2.15%\nRb2O.\n \n \n \n \n - New Age Metals owns 100% of a portfolio of lithium\nand rare element projects in the Winnipeg River Pegmatite Field,\nlocated in South East Manitoba.\n \n \n \n \n - The Company engaged local Manitoba consultants to\nconduct the work including the Twohearts Foundation who is a Sagkeeng\nFirst Nation geological consulting firm.\n \n \n \n \n - A drill permit was received for the Lithium Two\nProject in December 2020 and the Company is awaiting approval from the\nprovince of Manitoba for a drill permit for the Lithium One\nProject.\n \n \n \n \n - A follow up program is being planned for 2021 which\nwill focus on utilizing low flying drone magnetic survey technology to\nidentify geophysical signatures in relation to the lithium bearing\npegmatite bodies across the Company’s project portfolio in\nManitoba.\n \n \n \n \n \n \n \n \n \n January 12, 2021 –\n \n \n TheNewswire\n-\n \n \n Rockport, Canada – New Age Metals Inc. (NAM)\n(TSXV:NAM\n \n \n )\n \n \n ;\n \n \n (\n \n \n OTC:NMTLF\n \n \n )\n \n \n ;\n \n \n (\n \n \n FSE:P7J) (“NAM” or the “Company”) New Age Metals\nannounces results from the surface prospecting activities at its 100%\nowned Lithium One Project near Lac du Bonnet, Manitoba.  The project\nwas co-funded by the Manitoba Chamber of Commerce’s administered\nManitoba Mineral Development Fund (MMDF).  Work completed on the\nProperty in the fall months of 2020 consisted of field rock sampling\nand geological mapping. Reported herein are the assay results for grab\nsamples testing the Silverleaf Pegmatite, Greer Lake Quarry, and other\nlocations on the Lithium One Project (Table 1).\n \n \n \n \n Table 1: 2020 Silverleaf assay\nresult highlights from grab samples.\n \n \n \n \n \n \n \n Sample\n \n \n \n \n \n \n Li\n \n \n 2\n \n \n O\n(%)\n \n \n \n \n \n \n Rb\n \n \n 2\n \n \n O\n(%)\n \n \n \n \n \n \n Cs\n \n \n 2\n \n \n O\n(%)\n \n \n \n \n \n ...