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New Age Metals Pre-Feasibility Study and Exploration Update on the River Valley Palladium Project, Sudbury, Ontario
(TheNewswire) August 17, 2021 – TheNewswire - Rockport, Ontario - Ne...
About this update from New Age Metals Inc
[{"type":"text","content":"New Age Metals Pre-Feasibility Study and Exploration Update on the River Valley Palladium Project, Sudbury, Ontario\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n August 17, 2021 –\n \n TheNewswire -\n \n Rockport,\nOntario - New Age Metals Inc. (TSXV:NAM\n \n )\n \n ;\n \n (\n \n OTC:NMTLF\n \n )\n \n ;\n \n (\n \n FSE:P7J.F) (“NAM” or “Company”) is pleased to\nprovide an update on the ongoing Pre-Feasibility Study and exploration\ndrilling at the River Valley Palladium Project near Sudbury,\nOntario.\n \n The Pre-Feasibility Study was announced in a Company press release\ndated April 12, 2021.  Since then, progress has been made in the\nmineral processing and metallurgical work program and the\ngeomechanical work program components of the Pre-Feasibility Study.\nConcurrently, NAM has commenced exploration drilling at the Banshee\nZone (Figure 1).\n \n \n \n \n \n \n \n Click Image To View Full Size\n \n \n \n \n Figure 1.\n \n \n Geology map of the northern area of the River Valley Palladium deposit\nnear Sudbury, Ontario. PGM mineralized zones projected to surface.\nMineral Resource Estimates using 0.35 g/t PdEq cut-off and PdEq\ncalculation of Preliminary Economic Assessment (2019). The Huronian,\nGrenville and Nipissing units excluded for illustration clarity.\n \n \n \n \n Pre-Feasibility Study\n \n \n \n \n Mineral Processing and Metallurgical\nSampling Drill Program\n \n \n \n Four drill holes totalling approximately 800 m have been completed;\none each on the Dana North, Dana South, Lismer North and Lismer South\nZones (Figure 2).  Each of the holes was drilled downwards to\nintersect as much mineralization as possible for mineral processing\nand metallurgical testwork by SGS Canada Inc. (Lakefield). HQ-size\ncore was retrieved, logged and sampled metre-by-metre by NAM.\nEight-hundred 1-m long ½ core samples plus blind QA/QC samples have\nnow been delivered to SGS, where processing and preparation for\nassaying and testwork has commenced. Assay results are pending from\nthe laboratory and will be reported when available. The samples will\nbe composited for mineralized zone, rock type and particularly grade\nvariability testing. The testwork program at SGS is being managed on\nbehalf of NAM by D.E.N.M Engineering Ltd. (Burlington).\n \n \n \n \n \n \n \n Click Image To View...