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New Age Metals Inc V.NAM

Alternate Symbol(s):  NMTLF

New Age Metals Inc. is a Canada-based junior mineral exploration and development company. The Company is focused on the discovery, exploration and development of green metal projects in North America. It has two divisions: Platinum Group Element division and Lithium/Rare Element division. Platinum Group Element division includes the 100% owned, multi-million-ounce, district-scale River Valley Project, which is a North America’s undeveloped Platinum Group Element Projects, situated 100 kilometers by road east of Sudbury, Ontario. In addition to River Valley, the Company owns 100% of the Genesis PGE-Cu-Ni Project in Alaska. Lithium/Rare Element division is a mineral claim holder in the Winnipeg River Pegmatite Field, where the Company is exploring for hard rock lithium and various rare elements, such as tantalum, rubidium, and cesium. Its Lithium Project includes Lithium One, Lithman East, Lithman West, Lithman North, Lithium Two, Lithium East Extension and Cat Lake Lithium Project.


TSXV:NAM - Post by User

Bullboard Posts
Comment by BigRiggon Sep 20, 2018 11:22am
81 Views
Post# 28655616

RE:RE:Palladium up again this morning. $1056 per oz

RE:RE:Palladium up again this morning. $1056 per oz
TrueCanuck1 wrote: BR,

What do you think is the reason why NAM management has not begun open pit mining?  Why is it so important to NAM management to first prove up more resources?


My understanding is that they have done an internal PEA and this allowed the board to approve the raise, and spend, to conduct a formal PEA.  They are potentially waiting on this before putting shovels in the ground.

My 2 cents.
Bullboard Posts