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New Age Metals Announces 4,626,250 PdEq Ounces, With 2,713,933 Ounces in Inferred NI 43-101 Update River Valley Platinum Group Metal Deposit, Sudbury, Ontario
(via TheNewswire) - River Valley is the largest undeveloped primary PGM resource in Ca...
About this update from New Age Metals Inc
[{"type":"text","content":"New Age Metals Announces 4,626,250 PdEq Ounces, With 2,713,933 Ounces in Inferred NI 43-101 Update River Valley Platinum Group Metal Deposit, Sudbury, Ontario(via TheNewswire)\n \n \n\n\n- River Valley is the largest undeveloped primary PGM resource in Canada, the March 2018 NI 43-101 has updated the 2012 resource. The River Valley PGM Project has excellent infrastructure and is within 100 kilometers of the Sudbury Metallurgical Complex. The project is 100% owned by New Age Metals.\n\n\n\n- 4,626,250 PdEq ounces, with 2,713,933 ounces in Inferred at a 0.4 g/t cut-off. \n\n\n\n- The company objective of increasing the resource beyond 1Moz in the northern portion was achieved. \n\n\n\n- Footwall PGM mineralization, \"The Pine Zone/T3\", a new discovery and additional source of PGMs at the River Valley Project (RVP), was included in the new resource model.\n\n\n\n- The River Valley Extension mineralization in the south end of the deposit was added to the NI 43-101 Resource Calculation\n\n\n\n- The 43-101 is filed on Sedar at www.sedar.com or on the NAM website at 2018 NI 43-101.\n\n\n\n- Lithium Division: A minimum of $600,000 will be expended in 2018 on the companies Lithium division by New Age Metals option/joint venture partner Azincourt Energy Corp. (TSX.V: AAZ) (news release May 2nd, 2018) The 2018 budget will allow for 2 out of the 3 drill ready projects to be drilled. New Age Metals technical team is the field manager (press release dated Jan 15th, 2018).\n\n\n\n\n \nMay 8th 2018 / TheNewswire / Rockport, Canada - New Age Metals Inc.(NAM) (TSX.V: NAM; OTCQB: NMTLF; FSE: P7J.F) The company is very pleased to announce that the NI43-101 compliant Measured and Indicated mineral resource calculation at a cut-off grade of 0.4 g.t PdEq is complete and has been posted on Sedar and the company website. The River Valley PGM Project is located 100 km from the world-class Sudbury Ni-Cu-PGM Mining Camp and has excellent infrastructure. The project is 100% owned by New Age Metals (NAM). \n\n\n \nOPT-IN LIST\n\n\n \nIf you have not done so already, we encourage you to sign up on our website (www.newagemetals.com) to receive our updated news or click here. \n\n\n \nNew NI 43-101 Compliant Resource Estimation\n\n\n \nWSP Canada, under the supervision of Todd McCracken, P. Geo (Manager-Mining at WSP Canada) has completed the new NI 43-101 com...