Business
New Age Metals Acquires 17,620 Ha Double R Gold Project Near the Kenora and Rainy River District, Northwestern Ontario
(TheNewswire)   February 24, 2026 – TheNewswire - Rockport, Ontario ...
About this update from New Age Metals Inc
[{"type":"text","content":"New Age Metals Acquires 17,620 Ha Double R Gold Project Near the Kenora and Rainy River District, Northwestern Ontario\n(TheNewswire)\n\n \n\n\n\n\nFebruary 24, 2026 –\nTheNewswire - Rockport, Ontario – New Age Metals Inc. (TSX.V: NAM | OTCQB: NMTLF | FSE: P7J)\n(“NAM” or the “Company”) is pleased to announce it has\nacquired and consolidated the Double R Gold Project through staking in\nthe Kenora Mining District, northwestern Ontario. The Project now\nconsists of 834 mining claims totalling 17,620 hectares (43,540 acres)\nin a highly prospective gold district.\n\n\nThe acquisition is supported by the region’s\nestablished gold mineralization and favourable structural setting.\nRecent regional consolidation\nactivity, including Coeur Mining’s $7 Billion (USD) acquisition of\nNew Gold Inc. and the Rainy River Mine, reflects\nongoing interest in the Rainy River and Kenora districts 1. The Double R Gold Project is located approximately 35 km\nnorthwest of the Rainy River Mine.\n\n\nHarry Barr, Chairman and CEO,\ncommented: “Northwestern Ontario continues to\nattract renewed investment and consolidation activity, and we believe\nthe timing to secure a large, contiguous land position in the\nKenora-Rainy River district is strategic. Double R provides New Age\nMetals and our shareholders with exposure to a highly prospective gold\ndistrict that benefits from established infrastructure, active\nexploration, and long-term development momentum. \n\n\nOur objective is to build value\nthrough disciplined exploration while positioning the Company to\nparticipate in the next phase of regional growth. \n\n\nThe Double R Project is located only\n70km from the newly established Kenora Field Office. New Age has\nexpanded its gold portfolio to five projects encompassing\napproximately 37,000 hectares (91,429 acres) in the Kenora District of\nOntario”\n\n\nHighlights\n\n\n\n\nLarge, contiguous land package consisting of 834 mining\nclaims totalling ~17,620 hectares in the Rainy River–Kenora gold\ndistrict \n\n\n\nStrategic location approximately 35\nkm northwest of the Rainy River Mine and 17 km south of the Cameron\nGold deposit \n\n\n\nExcellent access and infrastructure, including logging\nroads, nearby Highway 71, and regional power infrastructure ...