New Age Metals Inc · TSXV:NAM
New Age Metals — Investor Presentation (2025)
44 slides from New Age Metals's investor presentation, 2025
Slide 1: Leaders in Green Metal Exploration & Development
LEADERS IN GREEN METAL EXPLORATION & DEVELOPMENT Q1 2025 PGMs Li Au-Sb
Slide 2: Disclaimers
DISCLAIMERS SAFE HARBOUR STATEMENT FORWARD-LOOKING STATEMENTS This report includes forward-looking statements covered by the Private Securities Certain information presented, including discussions of future plans and operations, Litigation Reform Act of 1995. Because such statements deal with future
Slide 3: Why New Age Metals
WHY NEW AGE METALS • Diversified green commodity portfolio (PGMs, Lithium and Gold/Antimony) • Aggressive 2025 critical metal acquisition program underway • 100% ownership of a multi-million ounce district scale North American Palladium asset • Flagship project location – 100 km north east of Sudbur
Slide 4: Diversified Portfolio, Critical Metal Focus
DIVERSIFIED PORTFOLIO, CRITICAL METAL FOCUS PLATINUM GROUP METALS DIVISION RIVER VALLEY PALLADIUM PROJECT ONTARIO, CAN GENESIS PGM-COPPER- NICKEL PROJECT ALASKA, USA LITHIUM DIVISION LITHIUM AND RARE ELEMENT PROJECTS MANITOBA, CAN NEWFOUNDLAND DIVISION CRITICAL METALS – GOLD AND ANTIMONY NEWFOUNDLAN
Slide 5: Corporate Overview
CORPORATE OVERVIEW CAPITAL STRUCTURE SHAREHOLDERS 55,559,259 ISSUED & OUTSTANDING 24.5% ERIC SPROTT 1,208,333 OPTIONS 6% MANAGEMENT 60.5% 8,029,169 WARRANTS 1 9% INSTITUTIONAL 64,796,761 FULLY DILUTED RETAIL 3 $5M MARKET CAP (CAD) CASH POSITION $0.09 SHARE PRICE 2 MARCH 2024 APPROX. $3,000,000 1 avg
Slide 6: Board of Directors
BOARD OF DIRECTORS HARRY BARR COLIN BIRD CHRIS BERLET CHAIRMAN & CEO DIRECTOR DIRECTOR Founder, Chairman and CEO of International Metals Group 30+ years of international experience in developing, Currently serving as the President & CEO, Director of Canuc financing, operating and managing nickel, co
Slide 7: New Age Leadership
NEW AGE LEADERSHIP HARRY BARR CHAIRMAN & CEO ROBERT GUANZON William STONE, Ph.D., P. Geo. CFO CONSULTING GEOSCIENTIST, PGM AND AU SPECIALIST CHARLOTTE BROWN Max Kaczmer - Axiom Exploration. CORPORATE SECRETARY CONSULTING GEOSCIENTIST; LITHIUM, RARE METALS SPECIALIST GORDON CHUNNET, B.Sc. CURT FREEMA
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
Areal 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 PALLADIUM PRICE (USD) Auto industry demand ~85%. Temporary auto chip shortage $2,400 decreasing demand for Pd. $1,800 Recovery expected in H2 20222 $1,200 $600 $0 Pd more valuable than gold 2010 2012 2014 2016 2018 2020 0 More emissions legislati
Slide 11: The Future Hydrogen Economy
The Future Hydrogen Economy WPIC 2023 11 Q1 2025 NEWAGEMETALS.COM • TSX.V: NAM • OTCQB: NMTLF • FSE: 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 Q1 2025 NEWAGEMETALS.COM • TSX.V: NAM • OTCQB: NMTLF • FSE: P7J2 12
Slide 13: River Valley Project Overview
RIVER VALLEY PROJECT OVERVIEW FACTS1 Primary Metals: Pd, Pt, Cu Project Stage: Completed PEA Summer 2023 Location: near City of Sudbury, Ontario River Valley Project (M&I: 89 Mt @ $47.3/t NSR Mineral 2.25 Moz Pd+Pt+Au (M+I) & 1.7 Moz (Inf.) Inferred: 93 Mt @ $31.1/t NSR) Resources: (updated October,
Slide 14: 2021 Updated Mineral Resource Estimate Summary
2021 UPDATED MINERAL RESOURCE ESTIMATE SUMMARY Pd PALLADIUM Pt PLATINUM Rh RHODIUM Cu COPPER Au GOLD AgSilver 1,568,300 oz 606,400 oz 53,800 oz 114.7 Mlbs 106,700 oz 759,800 oz PALLADIUM M+I 1 PLATINUM M+I RHODIUM M+I COPPER M+I GOLD M+I SILVER M+I 1,073,700 oz 480,600 oz 43,700 oz 88.1 Mlbs 94,200
Slide 15: 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 16: 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 17: 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 • 1 Stockpile • 1 Tailings Facility • 1 Processing Plant Compared to 2019 PEA • Smaller operation • Lower CAPEX • Reduced environmental footprint Q1 2025 NEWAGEMETALS.COM • TSX.V: NAM • OT
Slide 18: River Valley Project Go-Forward Plan
RIVER VALLEY PROJECT GO-FORWARD PLAN • Follow-up on PEA recommendations for permitting and Feasibility-level studies • Continue PLATSOL proof-of-concept study to improve recovery of PGMs • Continue community consultations and engagements • Complete planned exploration/drill programs and rhodium dist
Slide 19: Project Value Enhancement Opportunities
Project Value Enhancement Opportunities 1. Improve Metals Recoveries 2. Increase Mineral Resources 3. Continue Environmental Studies Q1 2025 NEWAGEMETALS.COM • TSX.V: NAM • OTCQB: NMTLF • FSE: P7J2 19
Slide 20: Improve Metal Recoveries
1. Improve Metal Recoveries Sulphide Flotation Recoveries at RVP • 71% Pd, 57% Pt, 86% Cu • Bulk Cu Concentrate: >100 g/t Pd + Pt, 13% Cu • Viewed by smelters as a low-value product PLATSOL • High-pressure high-temperature acid leach and solvent extraction technique • Optimized for PGM recovery from
Slide 21: PLATSOL: What is it?
PLATSOL : What is it? Source: SGS Mineral Services. 2022. PLATSOL process provides a viable alternative to smelting. Technical Services Paper 2002-01. 5 pages. Conceptual flowsheet for gold, PGM and base metal Conceptual Plant (Outotec) 21 recovery from sulphide concentrate. Q1 2025 NEWAGEMETALS.COM
Slide 22: Increase Mineral Resources
2. Increase Mineral Resources Goals • Double size of higher-grade Measured & Indicated Mineral Resources; and • Build-up Mineral Resources for UG mining RVP 2023 PEA Drill Targets • Dana South Zone • Lismer North Zone • Varley Zone (south part) When • Subject to financing Dana South UG extends to ap
Slide 23: PGM Exploration Targets
PGM EXPLORATION TARGETS Many IP anomalies similar to pine zone extend NE1 & SW2 from footwall contact Priority exploration targets detected in IP geophysical surveys over footwall Pd Palladium targets located adjacent to existing mineral resources (zones) and potential open pit locations Possible ma
Slide 24: Continue Environmental Studies
3. Continue Environmental Studies • Purpose: For future permitting Hydrology & Water Monitoring Studies • Story Environmental • First Nations Next Steps • Plan and execute Fall 2023 Program • Plan and execute Spring 2025 Program PLATSOL • Environmental considerations • Possible plant location(s) Q1
Slide 25: Genesis PGM-Cu-Ni Property
GENESIS PGM-Cu-Ni PROPERTY 100% OWNED 3 KM FROM HIGHWAY & ELECTRIC TRANSMISSION LINE KNOWN PGM-Cu-Ni MINERALIZATION COVERS 9 KM. FALL 2021 SURFACE SAMPLING AND MAPPING PROGRAM SEEKING EXPLORATION AND DEVELOPMENT OPTION/JV PARTNER DRILL-READY PGM-Cu-Ni REEF-TYPE TARGET: 2.4 G/T PD, 2.4 G/T PT, 0.96%
Slide 26: Lithium Division
LITHIUM DIVISION Li SPODUMENE-LEPIDOLITE SURFACE MINERALIZATION AT LITHIUM ONE PROJECT
Slide 27: Spodumene Superiority
SPODUMENE SUPERIORITY BRINE VS. SPODUMENE COST COMPARISON 1 LiOH CATHODE BATTERIES HAVE BETTER ENERGY DENSITY, LIFE CYCLE AND SAFETY $8,000 SPODUMENE IS PREFERRED FEEDSTOCK FOR ELECTRIC VEHICLE MANUFACTURERS $6,000 SPODUMENE IS A LOWER COST SOURCE $2,000 FOR LITHIUM HYDROXIDE VS. BRINE $4,000 $2,100
Slide 28: Lithium Hydroxide Demand
LITHIUM HYDROXIDE DEMAND LITHIUM DEMAND BY TYPE 1 (M TONNES/Y LCE 2) 6 LITHIUM HYDROXIDE REQUIRED IN HIGH- 5 NICKEL MATERIALS FOR LONG-RANGE EVs 4 21% PROJECTED COMPOUND ANNUAL 3 GROWTH IN LiOH DEMAND 2 LiOH SHORTAGES EXPECTED BY 2025 1 0 2020 2022 2024 2026 2028 2030 2032 2034 2036 2038 2040 Lithiu
Slide 29: NAM Lithium Projects
NAM LITHIUM PROJECTS 12 100%-OWNED PROJECTS, 3 DRILL- READY LARGEST REGIONAL CLAIM HOLDER: 21,611 HECTARES IN SOUTHEASTERN MANITOBA. TOTAL HOLDING 74,448 HECTARES JOINT VENTURE WITH MINERAL RESOURCES LTD Q1 2025 NEWAGEMETALS.COM • TSX.V: NAM • OTCQB: NMTLF • FSE: P7J2 29
Slide 30: New Age Metals – Mineral Resources Limited Joint Venture Agreement
New Age Metals – Mineral Resources Limited Joint Venture Agreement • NAM has entered into a binding term sheet with Australian lithium and iron ore producer, Mineral Resources Limited (MRL) in 2021. • MRL has the right to acquire an initial 51% interest by completing C$4,000,000 of exploration activ
Slide 31: Drill-Ready Lithium Projects
DRILL-READY LITHIUM PROJECTS LITHIUM TWO – HISTORICAL RESOURCE OF 544,000 TONNES AT 1.4% Li2O1. 3 KNOWN PEGMATITES. FLOWN WITH DRONE GEOPHYSICS IN 2021. MAIDEN DRILL PROGRAM COMPLETED IN OCTOBER 2021. SEE COMPANY PRESS RELEASE DATED 30 MARCH 2022 FOR DRILL RESULTS. LITHMAN WEST – FLOWN WITH DRONE GE
Slide 32: Manitoba Exploration Program
MANITOBA EXPLORATION Program • The main objective is to define and prioritize drill targets and bring additional projects to a drill ready stage in an effort to establish an economically exploitable lithium deposit in close proximity to Tanco Mine. • Mapping – Complete updated property bedrock geolo
Slide 33: Newfoundland Gold-Antimony Properties
Newfoundland Gold-Antimony Properties * * Q1 2025 NEWAGEMETALS.COM • TSX.V: NAM • OTCQB: NMTLF • FSE: P7J2 33
Slide 34: Highlights
Highlights • NAM recently map-staked 723 mineral claims, totalling 18,075 ha of crown land in Newfoundland and Labrador; • The newly staked claims are adjacent to and along strike of the Swanger Cove Au-Sb Target and Le Pouvoir Au-Sb Showing in south-central Newfoundland, and along strike of the Bea
Slide 35: Citadel, Fort & Redoubt Au-Sb Properties
Citadel, Fort & Redoubt Au-Sb Properties Swanger’s Cove Area: Citadel, Fort, Redoubt Properties: o 151 claims (6,275 ha) staked around and along strike of the Swanger’s Cove Au-Sb Target (Canstar Resources Inc.); o The Citadel Property fills gaps between Canstar’s Swanger’s Cove Prospect and Antimon
Slide 36: Bastion & Rampart Au-Sb Properties
Bastion & Rampart Au-Sb Properties Le Pouvoir Area: Bastion and Rampart Properties: o 323 claims (8,075 ha) staked adjacent to and along strike of the Le Pouvoir Au-Sb Showing; o The Bastion and Rampart Properties cover major crustal- scale fault structures (Day Cove Thrust), known to control high-
Slide 37: Sentinel Au-Sb Property
Sentinel Au-Sb Property Approximately 90 km north, NAM staked 149 claims covering 3,725 ha in a single contiguous called the Sentinel Property along the southwest extension of the Beaver Brook Mine lithostructural trend: • Beaver Brook Mine was Canada’s only primary antimony producer, with a histori
Slide 38: Moving Forward Plan
Moving Forward Plan • The addition of these six highly prospective properties to NAM’s exploration portfolio presents a significant opportunity for Au-Sb discoveries. The Company’s technical consultants are actively compiling and interpreting data to define high-priority target areas, with field exp
Slide 39: Why New Age Metals
WHY NEW AGE METALS • Diversified green commodity portfolio (PGMs, Lithium and Gold/Antimony) • Aggressive 2025 critical metal acquisition program underway • 100% ownership of a multi-million ounce district scale North American Palladium asset • Flagship project location – 100 km northeast of Sudbury
Slide 40: 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 Icon A cloud in the sky Icon Icon Icon Description automatically generated Description automatically generated with medium Description automatically
Slide 41: Appendix
APPENDIX 2024 NEWAGEMETALS.COM • TSX.V: NAM • OTCQB: NMTLF • FSE: P7J2 41
Slide 42: Mineral Resource Estimates 2021
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 materially affected by environmental, permit
Slide 43: Mineral Resources Limited – Corporate Overview
Mineral Resources Limited – Corporate Overview • Mineral Resources was established in July 2006 when pipeline manufacturing and contracting business PIHA, Crushing Services International and Process Minerals International merged and was listed on the Australian Securities Exchange (ASX:MIN). • At pr
Slide 44: Mineral Resources Limited – Lithium Overview
Mineral Resources Limited – Lithium Overview Hard Rock Lithium Assets MRL has partnered with two of the largest downstream lithium companies on its hard rock lithium mines 1. Wodgina - MRL (40%) / Albemarle (60%) Wodgina was acquired in 2017 and quickly developed into one of the world’s largest spod