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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. The Company has two divisions: a Platinum Group Element division and a Lithium/Rare Element division. The Platinum Group Element Division includes the 100% owned, multi-million-ounce, district-scale River Valley Project, one of North America’s undeveloped Platinum Group Element Projects, situated 100 kilometers by road east of Sudbury, Ontario. The Company’s Lithium Division holds mineral claims in the Winnipeg River Pegmatite Field, where it is exploring for hard rock lithium and various rare elements such as tantalum, rubidium, and cesium. Its lithium projects include Lithium One, Lithman East, Lithman West, Lithman North, Lithium Two, Lithman East Extension, Cat Lake Lithium Project, Bird River Lithium, Lithium One West, Lithium One East, and Lithman East.


TSXV:NAM - Post by User

Bullboard Posts
Comment by biggreekon Jan 19, 2001 12:26am
106 Views
Post# 3155282

RE: PDL is mining 1.6 to 3 gram per ton at less

RE: PDL is mining 1.6 to 3 gram per ton at less Tonnage,PDL dwarfs PFN in size for now,and they also have alot of drilling to do on adjoing properties,eventually Houston Lake,East West,Avalon and others will have to jv to send feed to mill.For now,PFN has been drilling for pods,not a strike length.PFN drilled their high grade zone first,then went to another area to drill second set of holes,I like YMU approach better,where they are drilling holes spaced 200 feet apart down the strike length,Mustang intinal holes may not generate excitment,but they may have a better understanding of their ore body. Both companies will be looking for at least 30 million tonnes of ore in order to have one million ounces of PGES.Great report from Inco today,but noticed how they kept quiet about Kelly Lake deposit,since there is a dispute over the ownership of the island with Wallbridge.This was a very grade discovery in Nickel and PGES.As for Falco,they may have found their new supply,rumours are rampant of a major hit by ARP.v on the Foy offset option from Falco.There are 2 drills there now,its an interesting play to watch.
Bullboard Posts