New Age Metals Advances Basal Till Sampling Over Large Conductor at Sentinel Gold-Antimony Project, Along Strike of Past-Producing Beaver Brook Antimony Mine, Newfoundland
New Age targets concealed Au-Sb mineralization beneath glacial cover at its Sentinel project through till sampling programs.
New Age Metals Inc. (NAM) is conducting an ongoing basal till sampling program on its Sentinel gold-antimony property in Newfoundland. The initiative targets a large geophysical conductor identified by a previous Xcite helicopter-borne TDEM and LiDAR survey. Approximately 250 samples are being collected to detect concealed mineralization beneath thick glacial cover, which averages ~7.7 metres locally.
The program is supported by the Government of Newfoundland and Labrador's Junior Exploration Assistance (JEA) program, which recognizes antimony as a critical mineral. Samples will undergo multi-element geochemical analysis for Antimony, Gold, Arsenic, and associated pathfinder elements.
The Sentinel property comprises 222 claims covering ~5,550 hectares, forming part of a larger 19,300-hectare Newfoundland Antimony-Gold Division.
New Age Metals Inc. (NAM) has announced a standard, expected step in the grassroots exploration lifecycle for its Sentinel property. This move follows the company's established strategy of advancing known geophysical targets using modern sampling techniques to identify drill-ready zones. The initiative is supported by JEA grant funding, which mitigates near-term cash burn for this specific activity and aligns with the company's capital-efficient project generator model.
The announcement does not introduce new financial commitments, material discoveries, or changes to the company's capital structure. It aligns with the company's broader exploration timeline and previous updates on the Newfoundland division, providing incremental validation of the exploration strategy.
New Age Metals Inc. (NAM) operates as a project generator, focusing on the acquisition and advancement of critical metals, platinum group metals, and precious metals across Canada and Alaska. The company maintains a diversified land package across multiple jurisdictions, leveraging a partnership model and strategic staking to build its portfolio.
The company’s flagship asset is the River Valley Palladium Project in Ontario. The asset is at the exploration/development stage, with a 2023 Preliminary Economic Assessment (PEA) completed. The company is currently advancing Phase II PLATSOL™ metallurgical testwork and a 3D IP survey over the Mustang Zone.
Other key divisions include the Newfoundland Gold-Antimony division, the Kenora Gold division, the Manitoba Lithium division, and the Genesis PGM-Cu-Ni project in Alaska.