About New Age Metals

New Age Metals Inc. operates as a mineral exploration company. The company engages in acquiring, exploring, and developing platinum group metals (PGMs), precious and base metals mineral properties, and green metals lithium in Canada and the United States. River Valley Property, Ontario The company owns a 100% interest in 226 claim units, known as the River Valley Property, located in the Dana and Pardo townships, Sudbury Mining District, Ontario. Goldwright Property, Ontario The company earns a 25% interest in certain mineral claims known as the Janes property, located in the Janes Township, Sudbury Mining District, Ontario. Razor Property, Ontario The company owns a 100% interest in certain mineral claims located in the Dana Township, Sudbury Mining District, Ontario. Western Front Property, Ontario In 2001, the company earned a 70% interest in certain mineral claims known as the Western Front property. In 2016, the company signed an agreement with Mustang Minerals Corp. to acquire 100% interest in 6, Strategic, Mineralized Claims, of Mustang’s River Valley PGM property, near Sudbury, Ontario. Lithium Division, Manitoba The company’s Lithium Division focuses on the acquisition, exploration and development of Lithium Projects in Canada. The seven Lithium Pegmatite projects, which the company holds, are situated in the Winnipeg River-Cat Lake Pegmatite Field of Southeast Manitoba. Lithium One Project The Lithium One Project is located 125 kilometres northeast of Winnipeg, Manitoba and is geologically characterized as being a part of the Cat Lake-Winnipeg River Pegmatite Field. The Project consists of 2,272 hectares located 12 kilometers south of the Tanco Pegmatite and it is 100% owned by the company. Lithium One Project contains over 40 pegmatites with the southern portion of the project containing numerous underexplored pegmatites. Exploration at Lithium One focuses on the Annie and Silverleaf Pegmatites. Lithium Two Project The Lithium Two Project is located north of Cat Lake, approximately 145 kilometers (90 miles) northeast of Winnipeg, Manitoba (Canada) and 22 kilometers north of the Tanco Mine Site. The Project consists of 137 hectares located 20 kilometers north of the Tanco Pegmatite. Lithium Two is owned by the company. Lithman West Project This project is situated on strike and to the west of the Tanco Pegmatite deposit. Project consists of 3,385 hectares located 12.5 kilometers west of the Tanco Pegmatite. Project is 100% owned by the company. Lithman East, Lithman East Extension and Lithman North Projects All projects were staked to cover numerous surface pegmatites and pegmatitic granites. The projects cover portions of the Bernic Lake Pegmatite Group (hosts the Tanco Pegmatite, as well as a few other Lithium Rich Pegmatites) Rush Lake Pegmatite Group, Birse Lake Pegmatite Group, and the Axial Pegmatite Group. These claims are being explored with drone geophysics, surface mapping, sampling and prospecting. Cat Lake Lithium Project Newest project staked. Drone geophysics were completed in 2021. Surface exploration is being planned. The Project is situated north and adjacent to the Lithium Two Project, which contains known surface Lithium-bearing Pegmatites. Alaska Genesis Project, Alaska In 2018, the company entered into an option agreement with Anglo Alaska Gold Corp. (Anglo) to acquire 100% interest in certain mineral claims in the state of Alaska. History The company was incorporated under the Business Corporations Act (Alberta) in 1996. In 2004, the company continued out of the province of Alberta and into the province of British Columbia. The company was formerly known as Pacific North West Capital Corp. and changed its name to New Age Metals Inc. in 2017.