New Age Metals Inc · TSXV:NAM
New Age Metals — Investor Presentation (August 2026)
35 slides from New Age Metals's investor presentation, August 2026
Slide 1: At the Forefront of Critical and Precious Metals Exploration
TSXV: NAM OTCQB: NMTLF At the Forefront of Critical and Precious FSE: P7J GOLD Metals Exploration PALLADIU COPPER LITHIUM COPPER M GOLD ANTIMON CESIUM NICKEL www.NewAgeMetals.com PLATINUM Y TANTALUM ZINC RHODIUM SILVER
Slide 2: Disclaimers
DISCLAIMERS SAFE HARBOUR STATEMENT FORWARD-LOOKING STATEMENTS This report includes forward-looking statements covered by the Private Certain information presented, including discussions of future plans and Securities Litigation Reform Act of 1995. Because such statements deal operations, contains fo
Slide 3: Project Summary Core Asset Divisions
• Thunder Bay PGM–Ni–Cu, Ontario • Project Summary Platreef/ Gravel Ridge project expanded to ~21,000 hectares (~52,000 ac) , complementing Escape East project near the Clean Air T-Bay North (1.274m-oz of Pt+Pd, 60k t of Cu & 36k t of Ni Strategic Shareholder • Well established mining district, exc
Slide 4: Diversified Portfolio, Gold & Critical Metal Focus
DIVERSIFIED PORTFOLIO, GOLD & CRITICAL METAL FOCUS PLATINUM GROUP METALS DIVISION GENESIS PGM-COPPER- RIVER VALLEY PALLADIUM NICKEL PROJECT PROJECT ALASKA, USA SUDBURY REGION, ONTARIO, CAN Northern Shield PGM- Thunder Bay PGM-Copper- Copper-Nickel Project Nickel Projects RING OF FIRE, ONTARIO, CAN O
Slide 5: New Age Metals Corporate Overview
New Age Metals CORPORATE OVERVIEW CAPITAL STRUCTURE SHAREHOLDER S 73,051,742 ISSUED & OUTSTANDING ERIC SPROTT (~30%) 5,269,999 OPTIONS MANAGEMENT (~5%) 9,150,052 WARRANTS INSTITUTIONAL (~10%) 87,471,794 FULLY DILUTED RETAIL (~55)% 2 APPROX. $16.4M MARKET CAP (CAD) CASH + Marketable Securities $0.23
Slide 6: Board of Directors
BOARD OF DIRECTORS HARRY BARR COLIN BIRD CHRIS BERLET CHAIRMAN & CEO DIRECTOR DIRECTOR Founder, Chairman and CEO of International 50+ years of international experience in Currently serving as the President & CEO, Metals Group developing, financing, operating and managing Director of Canuc nickel, co
Slide 7: New Age Metals Senior Management Team
NEW AGE METALS Senior Management Team ALI HASSANALIZADEH, M.Sc., P. Geo., HARRY BARR MAX KACZMER P. Geo. MBA CHAIRMAN & CEO SENIOR GEOSCIENCE CONSULTANT ADVISORY BOARD, CONSULTING GEOLOGIST ROBERT GUANZON RICHARD ZEMOROZ PAUL POGGIONE, CIM CHIEF FINANCIAL OFFICER SENIOR PROJECT GEOLOGIST STRATEGIC D
Slide 8: Community Engagement
COMMUNITY ENGAGEMENT ABORIGINAL COMMUNITY RELATIONS NAM has established strong relationships with aboriginal communities in Ontario and Manitoba EXPLORATION AGREEMENTS NAM has long standing agreements with the Temagami First Nation (2014) and the Nipissing First Nation (2022) in Ontario and the Sagk
Slide 9: Platinum Group Metals Division
Aerial View of Dana North Outcrops and Access Road– View Looking westwards PLATINUM GROUP METALS DIVISION Pd Pt Rh
Slide 10: Palladium (Pd) Market
PALLADIUM (Pd) MARKET Pd in supply deficit since 2012 Auto industry demand ~85%. Temporary auto chip shortage decreasing demand for Pd. Recovery expected in H2 2022 2 Pd is one out of the big 4 precious metals (Gold, Silver, Platinum and Palladium) More emissions legislation gives favourable outlook
Slide 11: The Future Hydrogen Economy
The Future Hydrogen Economy WPIC 11 NEWAGEMETALS.COM 2023 • TSX.V: NAM • OTCQB: NMTLF • FSE: H2 H12026 2026 P7J2
Slide 12: River Valley Palladium Project
RIVER VALLEY PALLADIUM PROJECT Located 100 road-km from Sudbury, Ontario Long-established, world- class Ni-Cu (PGM) mining district Major mineral processing & metal recovery facilities NEWAGEMETALS.COM • TSX.V: NAM • OTCQB: NMTLF • FSE: H2 H12026 2026 12 P7J2
Slide 13: River Valley Project Overview
RIVER VALLEY PROJECT OVERVIEW FACTS1(appendix) Primary Pd, Pt, Cu (Primary PGM Deposit) Metals: PEA completed summer 2023 Project Stage: Location: near City of Sudbury, Ontario River Valley Mineral 2.25 Moz Pd+Pt+Au (M+I) & 1.7 Moz Project Resources: (Inf.) (updated October, 2021) (M&I: 89 Mt @ $47.
Slide 14: 2021 Updated Mineral Resource Estimate Results
2021 UPDATED MINERAL RESOURCE ESTIMATE RESULTS At cut-offs of CDN$15/t NSR (pit constrained) and CDN$50/t NSR (out-of-pit), the 2021 Updated Mineral Resource Estimate consists of: • 89.9 Mt grading 0.54 g/t Pd, 0.21 g/t Pt, 0.04 g/t Au and 0.06% Cu, or CDN$47.58/t NSR in the Measured and Indicated c
Slide 15: Reestablishing A Resource
Reestablishing A Resource 2026 results from DasVision 3DIP geological survey outlines high-priority drill targets for 2027 program. Goal: Reestablish historical resource on Mustang Zone due to previous operators loss of drill core. NEWAGEMETALS.COM • TSX.V: NAM • OTCQB: NMTLF • FSE: H2 H12026 2026 P
Slide 16: River Valley 2023 Preliminary Economic Assessment
River Valley 2023 Preliminary Economic Assessment • Pre-Tax NPV(5%): $296M; After-Tax: $140M • Pre-Tax IRR: 16%; After-tax IRR: 11% • Annual Production: 2.5 Mt of potential process plant feed at an average grade of 1.19 g/t PdEq and process recovery of 71.5%, resulting in an average annual payable P
Slide 17: 2023 PEA Results
2023 PEA Results Financial Metrics • Pre-Tax NPV(5%): $296M; After-Tax: $140M • Pre-Tax IRR: 16%; After-Tax IRR: 11% • Pre-Production CAPEX: $269M • Average Unit OPEX: $31/t (value = $71.4/t NSR) • Metal Prices: $2,150/oz Pd, $1,050/oz Pt, $4/lb Cu Physical Metrics Operating Margin • Annual Producti
Slide 18: New PEA: Site Layout Plan
New PEA: Site Layout Plan Project Components • 5 OP Mines • 2 UG Mines • 3 Waste Rock Piles • 1 Overburden Pile Compared to 2019 • 1 Stockpile PEA • Smaller operation • 1 Tailings • Lower CAPEX Facility • Reduced • 1 Processing environmental NEWAGEMETALS.COM • TSX.V: NAM • OTCQB: NMTLF • FSE: H2 H12
Slide 19: PLATSOL: What is it?
PLATSOL™: What is it? • SGS is a global leader in independent testing, inspection, and certification, operating major labs and technical services across industries. • High-pressure high-temperature acid leach and solvent extraction technique • Optimized for PGM recovery from low-grade, polymetallic
Slide 20: Next Steps for PLATSOL (River Valley Project)
Next Steps for PLATSOL (River Valley Project) • Advance PLATSOL metallurgical de-risking at RVP Build on prior laboratory success to further validate a high-recovery, smelter-free processing route for low-grade, polymetallic PGM mineralization. • PLATSOL Program up to ~$500K to unlock downstream val
Slide 21: Genesis project: final 2026 report and go-forward plan
100% OWNED ROAD ACCESSIBLE/PAVED HIGHWAY & ELECTRIC TRANSMISSION LINE KNOWN PGM-Cu-Ni MINERALIZATION COVERS 9 KM. SUMMER 2026 SURFACE SAMPLING AND MAPPING PROGRAM OPTION/JOINT VENTURE WITH ROCKPORT CAPITAL DRILL-READY PGM-Cu-Ni REEF STYLE TARGET: 2.4 G/T PD, 2.4 G/T PT, 0.96% NI AND 0.58% CU IN SURF
Slide 22: Thunder Bay PGM–Ni–Cu Projects
Thunder Bay PGM–Ni–Cu Projects Platreef PGM Project and Escape East PGM Project Three PGM–Ni–Cu exploration projects in Northwestern Ontario — Platreef PGM, Escape East PGM, and Gravel Ridge PGM (optioned April 2026) — consolidating ~21,000 hectares (~52,000 acres) proximal to the Lac des Iles Mine.
Slide 23: Why the Ring of Fire?
Why the Ring of Fire? Major cycle resets create mispriced assets: large projects can stall for years due to infrastructure + permitting complexity Cliffs example (reset moment): in 2015, Cliffs sold its Ring of Fire chromite assets to Noront for US$20M — a clear “distressed- value” entry point for t
Slide 24: Northern Shield PGM-Cu-Ni Project in Ring of Fire
NAM’s Northern Shield PGM-Cu-Ni Project in Ontario’s Ring of Fire Region - 100% owned (staked) — no option payments or earn-in obligations - Located in Ontario’s Ring of Fire, a highly prospective emerging critical minerals district~34,000 hectares (84,000 acres) covering the full extent of the laye
Slide 25: Bonanza Ridge Gold and Critical Metals Project
Bonanza Ridge Gold and Critical Metals Project: Kenora Mining District •Aggressively consolidating District Scale Projects •Multiple high-grade mineral occurrences of gold at surface including Select due diligence surface grab sample assays: 1.1 g/t Au, 3.7 g/t Au, 8.9 g/t Au, 13.2 g/t Au, 22.2 g/t
Slide 26: Golden Acquisitions: Kenora Mining District
Golden Acquisitions: Kenora Mining District Double RR Gold Project Acquisition • District-scale land position totaling 17,620 hectares in the Rainy River–Kenora gold district • Located approximately 35 km northwest of the Rainy River Gold Mine (~2.2M ounce Au in reserve 2024) and ~17 km south of the
Slide 27: Recent deals in the Kenora Mining District
High-level summary of recent deals in the Kenora Mining District •Kenorland–Centerra (2025): Centerra can earn 70% of Flora/W. Wabigoon/Algoman by spending C$10M for 51% (incl. C$3.5M Y1 + 10 km drilling) and completing a 1 Moz AuEq PEA for the remaining 19%. •Coeur Mining (2026): Coeur Mining annou
Slide 28: Newfoundland Gold-Antimony Division: Why Antimony?
NEWFOUNDLAND GOLD-ANTIMONY DIVISION Why Antimony (Sb)? High-value, supply-constrained metal Antimony prices remain elevated due to limited global production and long-term supply constraints. China-dominated supply chain China controls the majority of global antimony production and refining, creating
Slide 29: Newfoundland Gold-Antimony Division
NEWFOUNDLAND GOLD-ANTIMONY DIVISION High-grade angular Overview stibnite float sample • NAM acquired 765 mineral claims totalling 20,950 hectares of 445127 from the Antimony Ridge crown land across 12 non-contiguous properties in Newfoundland property that graded and Labrador in H1 2025. 51.9% Sb Ph
Slide 30: NAM Lithium & Rare Earth Projects
NAM LITHIUM & RARE EARTH PROJECTS District-Scale Lithium & Rare Metals Project Large project portfolio in the Winnipeg River Pegmatite Field, hosting LCT- fertile stratigraphy with lithium and associated rare metals including tantalum, cesium, rubidium, gallium, and beryllium, confirmed through surf
Slide 31: Why Canada? Why Now?
Why Canada? Why Now? Why Canada? • Top-tier mining jurisdiction with strong rule of law and ESG standards • Established Indigenous consultation and partnership frameworks • World-class geological endowment and skilled mining workforce • Existing infrastructure and mature mining supply chain Why Now?
Slide 32: Project Summary Core Asset Divisions
• Thunder Bay PGM–Ni–Cu, Ontario • Project Summary Platreef/ Gravel Ridge project expanded to ~21,000 hectares (~52,000 ac) , complementing Escape East project near the Clean Air T-Bay North (1.274m-oz of Pt+Pd, 60k t of Cu & 36k t of Ni Strategic Shareholder • Well established mining district, exc
Slide 33: Thank You
THANK YOU FOR MORE INFORMATION CONTACT US AT : 1-613-659-2773 info@newagemetals.com SIGN UP TO RECEIVE COMPANY UPDATES : https://newagemetals.com /join NEWAGEMETALS.COM • TSX.V: NAM • OTCQB: NMTLF • FSE: H2 H12026 2026 P7J2 33
Slide 34: Appendix
APPENDI X NEWAGEMETALS.COM • TSX.V: NAM • OTCQB: NMTLF • FSE: H2 2026 2026 P7J2 34
Slide 35: Mineral Resource Estimates 2021 Notes
MINERAL RESOURCE ESTIMATES 2021 NOTES Pit Constrained Cut-off = CDN$15/t NSR and Out-Of-Pit = CDN$50/t NSR Cut-offs 1. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. 2. The estimate of Mineral Resources may be Tonnes Au NSR materially affected by environ