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New Age Metals Reports High-Grade Palladium Exploration Results from the Dana South -Southeast Trench Area, River Valley Deposit, as Palladium Hits New All-time High
(TheNewswire) March 9, 2022 – TheNewswire - Rockport, Ontario ...
About this update from New Age Metals Inc
[{"type":"text","content":"New Age Metals Reports High-Grade Palladium Exploration Results from the Dana South -Southeast Trench Area, River Valley Deposit, as Palladium Hits New All-time High\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n March 9, 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 “Company”) is pleased to report\nnew palladium (Pd) assay results for channel samples taken from a\ntrench excavated on an area of mineralized outcrops in the footwall to\nthe Dana South Zone, at the River Valley Palladium Deposit near\nSudbury, Ontario.\n \n \n This Pd\nmineralization could represent an opportunity to expand Dana South\neastwards, or is a new discovery in the footwall to the River Valley\nPalladium Deposit.\n \n \n The Dana South Zone is\nlocated in the northern area of the Deposit, and is therefore a key\nzone in the ongoing Pre-Feasibility Study of the River Valley\nProject.\n \n \n \n \n Highlights\n \n \n \n \n \n \n Channel sample assay grades of up to\n6.11 g/t Pd, 1.86 g/t Pt and 0.26% Cu\n \n \n \n \n \n \n Mineralized channel intercepts of up\nto 2.36 g/t Pd, 0.70 g/t Pt and 0.13% Cu over\n \n 5 metres\n \n \n \n \n \n \n Channels saw-cut in newly excavated\ntrench located 100 metres east of the Dana South Mineral\nResources\n \n \n \n \n \n \n This footwall Pd mineralization\nappears open to expansion by drilling\n \n \n \n \n \n \n Harry Barr, Chairman and CEO of NAM stated, “The Pd\nmineralized potential of the footwall to the River Valley Deposit\ncontinues to impress. From discovery of the Pine Zone in 2015 (1 km\nnorth of the Dana South Zone) to indications of mineralized footwall\nat Lismer North (press release dated March 1, 2022) and now at Dana\nSouth, the potential for exciting new discoveries at River Valley\nremains surprisingly high. As Russia is the worlds largest producer of\npalladium, the current sanctions have driven the palladium price to\nnew all-time highs this week. Rhodium, another metal for which we are\nexploring at River Valley, is also trading at very high\nprices.”\n \n \n \n \n 2021 Trenching and Channel Sampling\nProgram\n \n \n \n \n \n In 2016 and 2020, sparsely sulphide mineralized grab samples from\noutcrops ...