New Age Metals Inc · TSXV:NAM
New Age Metals — Investor Presentation (January 2026)
31 slides from New Age Metals's investor presentation, January 2026
Slide 1: At the Forefront of Critical and Precious Metals Exploration
TSXV: NAM OTCQB: NMTLF FSE: P7J At the Forefront of Critical and Precious PALLADIUM GOLD LITHIUM GOLD COPPER Metals Exploration PLATINUM CESIUM ANTIMONY RHODIUM TANTALUM www.NewAgeMetals.com SILVER
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: New Age Metals Summary
New Age Metals Summary Strategic critical metals exposure • ~12.2% equity interest in MetalQuest Mining Inc. (Lac Otelnuk/Superior Iron/Ring of Fire) Strategic Shareholder • Eric Sprott one of the world’s best known mining • Gold & Critical metals – Bonanza Project, Kenora (Q4-2025) financiers and o
Slide 4: Diversified Portfolio, Critical Metal Focus
DIVERSIFIED PORTFOLIO, CRITICAL METAL FOCUS PLATINUM GROUP METALS DIVISION RIVER VALLEY PALLADIUM GENESIS PGM-COPPER- PROJECT NICKEL PROPERTY ONTARIO, CAN ALASKA, USA LITHIUM DIVISION NEWFOUNDLAND DIVISION CRITICAL METALS – LITHIUM AND RARE GOLD AND ANTIMONY ELEMENT PROJECTS MANITOBA, CAN NEWFOUNDLA
Slide 5: Corporate Overview
New Age Metals CORPORATE OVERVIEW CAPITAL STRUCTURE SHAREHOLDERS 73,006,494 ISSUED & OUTSTANDING ERIC SPROTT 3,679,166 OPTIONS MANAGEMENT 9,150,052 WARRANTS 1 INSTITUTIONAL 85,835,713 FULLY DILUTED RETAIL 3 APPROX. $37M MARKET CAP (CAD) CASH + Marketable Securities $0.51 SHARE PRICE 2 NOVEMBER 2025
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: Senior Management Team
NEW AGE METALS Senior Management Team ALI HASSANALIZADEH, M.Sc., P. Geo., HARRY BARR MAX KACZMER P. Geo. MBA CHAIRMAN & CEO VICE PRESIDENT, EXPLORATION ADVISORY BOARD, CONSULTING GEOLOGIST ROBERT GUANZON FARID MAMMADOV PAUL POGGIONE, CIM CHIEF FINANCIAL OFFICER VICE PRESIDENT, INVESTOR RELATIONS STR
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 Auto industry demand ~85%. Temporary auto chip shortage decreasing demand for Pd. Recovery expected in H2 20222 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 2023 11 H1 2026 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 H1 2026 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 H1 2026 NEWAGEMETALS.COM • TSX.V: NAM • OT
Slide 18: 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) 18 recovery from sulphide concentrate. H1 2026 NEWAGEMETALS.COM
Slide 19: Newfoundland Gold-Antimony Division
NEWFOUNDLAND GOLD-ANTIMONY DIVISION Overview • NAM acquired 765 mineral claims totalling 20,950 hectares of crown land across 12 non-contiguous properties in Newfoundland Massive stibnite- and Labrador in Q1/Q2 of 2025. quartz-kermesite float sample returning Phase 1 and 2 Highlights 15.2% Sb • High
Slide 20: Bonanza Ridge Gold and Critical Metals Project: Kenora Mining District
Bonanza Ridge Gold and Critical Metals Project: Kenora Mining District • Aggressively consolidating District Scale Concept • 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 21: High-level summary of 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%. • Rainy River (2013): New Gold acquired
Slide 22: NAM Lithium & Rare Metals Projects
NAM LITHIUM & RARE METALS PROJECTS District-Scale Lithium & Rare Metals Project Large land position 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 surface
Slide 23: 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 24: Genesis PGM-Cu-Ni Project
GENESIS PGM-Cu-Ni PROJECT 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 STYLE TARGET: 2.4 G/T PD, 2.4 G/T PT, 0.96%
Slide 25: 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 26: New Age Metals Summary
New Age Metals Summary Strategic critical metals exposure • ~12.2% equity interest in MetalQuest Mining Inc. (Lac Otelnuk/Superior Iron/Ring of Fire) Strategic Shareholder • Eric Sprott one of the world’s best known mining • Gold & Critical metals – Bonanza Project, Kenora (Q4-2025) financiers and o
Slide 27: 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 28: Appendix
APPENDIX 2026 NEWAGEMETALS.COM • TSX.V: NAM • OTCQB: NMTLF • FSE: P7J2 28
Slide 29: 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 30: 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 31: 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
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