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New Age Metals Announces Drill Results for the Lithium Two Maiden Drill Program
(TheNewswire) March 30, 2022 – TheNewswire - Rockport, Ontario...
About this update from New Age Metals Inc
[{"type":"text","content":"New Age Metals Announces Drill Results for the Lithium Two Maiden Drill Program\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n March 30, 2022 –\n \n \n TheNewswire\n-\n \n \n Rockport, Ontario - New Age Metals Inc.\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.F) (“NAM” or the “Company”) is pleased to\nreport assay results for its maiden drill program consisting of 15\ndiamond drill holes totalling 1,630 metres at the Lithium Two Project\nin Manitoba, Canada.\n \n \n \n \n Highlights\n \n \n \n \n \n \n High grade lithium mineralization\nintersected in 11 drill holes along the Eagle Pegmatite confirming\nhistoric drilling grades.\n \n \n \n \n \n \n Mineralization encountered assayed up\nto 2.47%\n \n \n \n \n Li\n \n \n \n \n \n \n 2\n \n \n \n \n \n \n O\n \n \n \n \n over 3.0 m\n(estimated true width of 1.93 m) within 21.8 m (estimated true width\nof 14.0 m) of 0.83%\n \n \n \n \n Li\n \n \n \n \n \n \n 2\n \n \n \n \n \n \n O\n \n \n \n \n \n .\n \n \n \n \n \n \n \n Two step-back holes confirm lithium\ngrades extend down dip and the deposit remains open at depth.\n \n \n \n \n \n \n Spodumene bearing pegmatite\nencountered beneath the FD5 Pegmatite warrants further exploration\ndrilling.\n \n \n \n \n \n \n Tantalum values up to 334 ppm over 1\nm.\n \n \n \n \n \n \n A comprehensive exploration plan for\n2022 has been delivered to Mineral Resources Limited for approval and\na final budget for the year is expected to be approved in the next 30\ndays.\n \n \n \n \n \n \n Harry Barr, Chairman & CEO stated, “We are\nencouraged by the results of our first drilling campaign on the\nLithium Two Property. This gives us confidence in the property’s\npotential to host more significant mineralization, and that by using\nmodern exploration techniques we can expand on the historic results.\nWe have received our permit for an additional 10 drill holes and our\nteam is currently in the process of planning our next steps. With the\nsupport of our partners, Mineral Resources Limited, we are looking\nforward to the advancement our projects this coming\nseason.\n \n \n ”\n \n \n \n \n \n Assay Highlights\n \n \n \n Table 1\n \n \n :\n \n \n 2021 Lithium Two\nDrill Hole Assay Highlights Table\n \n \n \n \n *core length (inter...