Why Are A Billionaire Investor And The 5th Largest Lithium Producer On The Planet Partnered With New Age Metals?

For investors seeking exposure to ‘green’ mineral projects in North America, there are few companies that offer both the commodity diversification and exploration potential that New Age Metals provides.

New Age Metals is a well financed company focused on the discovery, exploration and development of green metal projects that also happens to have Eric Sprott, the billionaire resource investor, owning approximately 24.5% of the Company.

New Age Metals has two divisions; a Palladium Platinum Group Metals division and a Lithium/Rare Element division. 

PALLADIUM

The Company is developing its 100% owned multi-million ounce River Valley Palladium Project near Sudbury, ON, one of the largest undeveloped primary palladium projects in North America. 

The project hosts an NI 43-101 resource of 

• 2.25 MOz Pd+Pt+Au Measured & Indicated and 
• 1.59 MOz Pd+Pt+Au Inferred.

LITHIUM / RARE ELEMENTS DIVISION

The 5th largest lithium producer on the planet has entered into an exploration agreement with New Age Metals to fund the Company’s lithium exploration in Manitoba, where the 2023/24 budget is $7.3 million. The Company currently has 14 projects and is one of the largest landowners in the Winnipeg River Pegmatite field, with many of the projects located in and around the Tanco Mine, one of Canada's only lithium producers.

CEO HARRY BARR

“After extensive project development and planning to get to this point, we are proud to announce the commencement of our most aggressive drill program to date for our Lithium Division. Together with our partners from Mineral Resources and consultants from Axiom, we have systematically developed our understanding of the project area over the last few years and now have well-defined, high priority targets that give us great confidence for this program.”

As New Age Metals embarks on its most aggressive drill program to date, the company positions itself at the forefront of lithium exploration. With a strategic blend of targeted drilling, powerful partnerships, and the backing of a global lithium giant, NAM's winter program promises not just exploration but the potential unveiling of a lithium bonanza. 

 

Sit back, relax and watch this powerful interview with Chairman and CEO Harry Barr.