Original News Release
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
(via TheNewswire)
November 10th, 2026 – Rockport, Ontario – TheNewswire - New Age Metals Inc. (TSX.V: NAM | OTCQB: NMTLF | FSE: P7J) ("NAM" or the "Company") is pleased to provide an update on the ongoing basal till sampling program on its Sentinel gold-antimony (Au-Sb) property, part of the Company's Newfoundland Antimony-Gold Division. The program commenced on October 19, 2026, and is currently underway. The program is designed to test a large geophysical conductor along the regional structural corridor that hosts the past-producing Beaver Brook Antimony Mine, historically Canada's only primary antimony-producing mine, in central Newfoundland (Figures 1 and 2).
Harry Barr, Chairman and CEO, commented: "We are very pleased to be advancing our Sentinel property with a modern basal till sampling program over a compelling geophysical target. This is a large, underexplored land package sitting on the same structural corridor as Canada's only past-producing primary antimony mine. We are proud to be working with VoiseyScore Inc., a skilled Newfoundland-based contractor, and we gratefully acknowledge the support of the Province's Junior Exploration Assistance program, which recognizes antimony as a critical mineral. We look forward to reporting results as the program advances."
Program Highlights
Basal till sampling underway on the Sentinel property, comprising approximately 250 basal till samples designed to test bedrock geochemistry beneath thick glacial cover for gold and antimony mineralization;
Large property position : the Company's Sentinel claim group comprises 222 claims covering approximately 5,550 hectares along the Beaver Brook antimony structural trend, part of NAM's 19,300-hectare Newfoundland Antimony-Gold Division;
Large geophysical target on a historically productive antimony trend: The Sentinel property hosts a substantial TDEM conductor along the regional structural trend associated with the past-producing Beaver Brook Antimony Mine. The conductor provides a compelling target for systematic gold-antimony geochemical follow-up;
An optimal method for the terrain : basal till sampling collects glacially transported material from immediately above the bedrock interface, making it well suited to detecting concealed mineralization beneath the region's thick overburden;
Supported by the Junior Exploration Assistance (JEA) program of the Government of Newfoundland and Labrador, under which the program has been approved as a project for Critical Minerals as a Primary Exploration Target, making eligible expenditures eligible for a rebate;
Permitted restoration of historical trail access : as part of the program, the Company is permitted to restore historical trail access into the property , which will provide 4x4 vehicle access to the central portion of the project area and support current and future exploration; and
VoiseyScore Inc. is a local Newfoundland contractor of Gander, NL. Our work with them supports local expertise and the provincial exploration economy.
About the Newfoundland Antimony-Gold Division
NAM's Newfoundland Antimony-Gold Division is a district-scale land package of 16 mineral licences totalling approximately 19,300 hectares (772 map-staked claims) across central and south-central Newfoundland (Figure 1). The Division is organized into two claim groups:
Central Newfoundland – Beaver Brook trend (7 licences; ~5,700 ha): positioned along strike of the past-producing Beaver Brook Antimony Mine and adjacent to New Found Gold Corp.'s Queensway Gold Project. This group includes the Sentinel property and the TDEM conductor target that is the subject of the current program; and
South-Central Newfoundland – St. Alban's / Bay d'Espoir (9 licences; ~13,600 ha): includes the Antimony Ridge-Golden Grit, Citadel, Rampart and Fort properties, where the Company is advancing a trenching and channel-sampling program, and which adjoins Churchill Resources Inc.'s Golden Baie Au-Sb Project.
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Figure 1: Regional overview of New Age Metals' Newfoundland Antimony-Gold Division, showing the Central (Beaver Brook trend) and South-Central (St. Alban's – Bay d'Espoir) claim groups relative to the Beaver Brook Antimony Mine, New Found Gold Corp.'s Queensway Gold Project, and Churchill Resources Inc.'s Golden Baie Project. Adjacent-property information is shown for location only; see Qualified Person and cautionary notes.
The Sentinel Property and the Beaver Brook Trend
The Sentinel property comprises 222 mineral claims covering approximately 5,550 hectares in the Beaver Brook area of central Newfoundland. The property is strategically positioned along the northeast-southwest-trending (~065°) structural corridor associated with the past-producing Beaver Brook Antimony Mine , historically Canada's only primary antimony mine. Beaver Brook demonstrates that significant antimony mineralization has been mined within this regional geological setting and provides a valuable geological analogue for Sentinel exploration (Sandeman et al., 2018; Lake and Wilton, 2006). The mine is on a separate property, and its past production is not necessarily indicative of mineralization at Sentinel.
Published government geological studies have established that mineralization at Beaver Brook is structurally controlled, hosted along a steeply southeast-dipping thrust-fault system rather than confined to a single stratigraphic unit (Sandeman et al., 2018; Lake and Wilton, 2006). A defining characteristic of the region is its thick fluvioglacial overburden, which averages approximately 7.7 metres and locally exceeds 29 metres (Sandeman et al., 2018). This extensive cover has historically limited bedrock exposure and conventional prospecting; notably, the Beaver Brook deposit itself was discovered through geochemical sampling over a geophysical anomaly rather than through surface outcrop.
A Large Geophysical Conductor Along the Mineralized Corridor
A previously completed Xcite helicopter-borne time-domain electromagnetic (TDEM) and LiDAR survey identified a large conductive trend on the Sentinel property (Figure 2). The Company interprets the conductor as occupying the same broader structural corridor associated with the past-producing Beaver Brook Antimony Mine , where a historical induced-polarization (I.P.) survey (Lambert Geosciences Ltd., 2009) outlined an elongate chargeability anomaly along the mineralized trend. The TDEM and I.P. surveys measure different physical properties, cover different ground and are not co-located. Their respective associations with the regional structure support the geological rationale for testing the Sentinel conductor, but do not establish that it contains antimony or gold mineralization.
Published work indicates that the historical I.P. response at Beaver Brook reflects primarily graphitic black shale horizons associated with thrust planes, rather than antimony mineralization directly (Sandeman et al., 2018). Accordingly, the Sentinel TDEM conductor is interpreted as a possible marker of prospective structure—not as evidence of mineralization on its own. The current basal till program will test for coincident Au-Sb and pathfinder-element geochemical anomalism and help prioritize targets for subsequent exploration.
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Figure 2: Sentinel property overview showing the Xcite TDEM conductor on NAM ground, planned 2026 basal till sample sites, the inferred ~065° structural corridor and the historical I.P. chargeability response at the past-producing Beaver Brook Antimony Mine (Lambert Geosciences Ltd., 2009). The mine is on a separate property; past production and mineralization there are not necessarily indicative of mineralization on NAM's property.
Basal Till Sampling – An Optimal Method for the Terrain
The program is being carried out by VoiseyScore Inc. , a Newfoundland-based exploration contractor based in Gander that specializes in basal till and top-of-bedrock geochemical sampling (Figure 3). Basal till sampling collects glacially transported sediment from immediately above the bedrock interface, beneath the surface soil, gravel and upper till (Figure 4). Because this material is derived from local bedrock and transported only a short distance down-ice, its geochemistry and indicator-mineral content can reveal bedrock mineralization concealed beneath thick overburden that would not be detected by surface prospecting or conventional soil sampling. When collected on a grid, the method provides a fast, cost-effective and low-impact means of identifying and prioritizing target anomalies across large areas of covered ground.
VoiseyScore Inc. employs ultralight, person-portable percussion and rotary diamond-drill technology capable of recovering basal till and top-of-bedrock samples through more than 15 metres of overburden. Given the Sentinel property's extensive glacial cover, this technique is well suited to systematically evaluating the property and the geophysical conductor. The program comprises approximately 250 basal till samples, together with the permitted restoration of historical trail access (providing 4x4 access to the central portion of the project area) and an assessment report, and is expected to be completed during the current field season. Samples will be submitted for multi-element geochemical analysis (including Sb, As, Au and associated pathfinder elements) , and results will be reported once received and verified through the Company's quality assurance / quality control (QA/QC) program.
Figure 3 (left): A VoiseyScore Inc. field technician collecting a basal till sample using an ultralight, person-portable drill. Figure 4 (right): Schematic cross-section illustrating basal till sampling, which recovers material from immediately above the bedrock interface beneath thick glacial overburden. Illustration for concept only. Source: VoiseyScore Inc.
Junior Exploration Assistance Program
The Sentinel till sampling program has been approved under the Government of Newfoundland and Labrador's Junior Exploration Assistance (JEA) program as a project for Critical Minerals as a Primary Exploration Target . Antimony is recognized as a critical mineral, and eligible exploration expenditures incurred on the program may qualify for a rebate under the program, subject to its guidelines, final reporting requirements, and available funding. The Company gratefully acknowledges the support of the Province's Mineral Incentive Program.
Qualified Person
Max Kaczmer, P.Geo. (PEGNL #12209), a Qualified Person ("QP") as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects , has reviewed and approved the scientific and technical information contained in this news release.
Mr. Kaczmer is a geological consultant to New Age Metals Inc. and is not independent for the purposes of NI 43-101.
The Qualified Person has reviewed available assessment files, government geological survey reports, geophysical datasets and publicly available technical publications relevant to the property. Historical geological, geophysical and production information from the Beaver Brook Antimony Mine and other nearby properties has not been independently verified in all respects. Such information is used solely to describe the regional exploration setting, and past production or mineralization on other properties is not necessarily indicative of mineralization on the Sentinel property.
Adjacent and nearby properties disclaimer:
The Beaver Brook Antimony Mine, New Found Gold Corp.'s Queensway Gold Project, and Churchill Resources Inc.'s Golden Baie Au-Sb Project are located on separate properties that are not held by the Company, and are referenced and shown on the accompanying figures for regional and geological context only. Mineral resources, historical production, and exploration results from these and other adjacent or nearby properties are not necessarily indicative of mineralization on, and should not be relied upon as representative of, the Company's property.
Past-Producing Beaver Brook Antimony Mine – Regional Exploration Context:
The Beaver Brook Antimony Mine is a past-producing primary antimony operation situated along the same broad regional structural trend as Sentinel, but on a separate property. Published Newfoundland and Labrador Geological Survey studies describe its production history and structurally controlled antimony mineralization associated with thrust faulting and graphitic shale horizons (Sandeman et al., 2018; Lake and Wilton, 2006). Beaver Brook therefore provides an established regional example of mined antimony mineralization and supports the rationale for examining comparable structures elsewhere along the trend.
Importantly, the Sentinel conductor is being assessed on its own geological and geochemical merits. The Company's basal till sampling is designed to investigate whether this geophysical target has an associated gold-antimony geochemical signature beneath glacial cover. Mineralization or past production at Beaver Brook does not establish the presence of mineralization or a mineral resource on Sentinel; results from the program will be disclosed after analytical verification.
References
Lake, J.W.L. and Wilton, D.H.C. (2006): Structural and stratigraphic controls on mineralization at the Beaver Brook antimony deposit, central Newfoundland. Government of Newfoundland and Labrador, Geological Survey, Current Research, Report 06-1, pages 135-146.
Lambert Geosciences Ltd. (2009): Induced Polarization survey, Beaver Brook Antimony Mine (contours of chargeability / I.P. effect). Prepared for Beaver Brook Antimony Mines Inc.
Sandeman, H.A.I., Peddle, C. and Newman, R. (2018): Beaver Brook Antimony Mine revisited: an update on operations and new structural and geological observations. Government of Newfoundland and Labrador, Geological Survey, Current Research, Report 18-1, pages 123-152.
About NAM
New Age Metals is a junior mineral exploration and development company focused on the discovery, exploration, and development of critical green metal projects in North America. The Company has four divisions: a Platinum Group Element division (Sudbury, Ring of Fire and Thunder Bay Ontario, and the Genesis Project in Alaska), a Lithium/Rare Metals division (Manitoba), a Gold-Antimony Division (Newfoundland) and a gold-critical metals division in the Kenora Mining Districts.
The PGM Division includes the 100% owned, district-scale River Valley Project, one of North America’s largest undeveloped Platinum Group Element Projects, situated 100 km by road east of Sudbury, Ontario. Currently there is a summer/fall program to complete the second phase of the PLATSOL metallurgical work. (See PLATSOL Announcement) We are also completing recommendations and a go forward plan for the Mustang zone on the southern most 4 KMs of the 16 KM Project where a geophysical program was completed earlier this year. Our objective is to outline drill targets to advance evaluation of the Mustang zone. In addition to River Valley, NAM owns 100% of the Genesis PGM-Cu-Ni Project in Alaska. NAM has entered into a Definitive Agreement , as amended , on the Genesis PGM-Cu-Ni Project with Rockport Capital Corp. to further develop the Genesis Project. NAM is also in the early stages of exploring a critical metal project in the Ring of Fire called the Northern Shield and 2 PGM projects in the Thunder Bay Mining District of Ontario.
New Age Metals’ Antimony–Gold Division is focused on advancing approximately 19,300 hectares across 16 mineral licences in central and south-central Newfoundland. These licences are organized into two geographic claim groups: the Central Newfoundland – Beaver Brook trend and the South-Central Newfoundland – St. Alban’s / Bay d’Espoir area, including the Company’s Sentinel property and the Antimony Ridge–Golden Grit, Citadel, Rampart and Fort properties.
New Age Metals holds a strategic equity investment of approximately 14.22% in MetalQuest Mining Inc. (TSXV: MQM; OTCQB: MQMIF) , a junior exploration company advancing a portfolio of critical metals projects in Quebec and Ontario. MQM’s principal asset is the 100%-owned Lac Otelnuk Iron Project in the Labrador Trough, Quebec, one of North America’s largest undeveloped iron ore deposits, together with the adjacent, 100%-owned Superior Iron project. MQM also holds the West Cameron and East Cameron Gold Projects in the Kenora Mining District, near NAM’s Bonanza Ridge Gold and Critical Metals Project, and the two companies share a field operations office near Kenora, Ontario in support of their respective regional exploration programs. MQM is also exploring its Fishhook Polymetallic Project in Ontario’s Ring of Fire area. Management is actively evaluating new mineral acquisition opportunities in North America, with its primary focus on Canada, while maintaining a disciplined focus on advancing the Company’s flagship River Valley PGM/Polymetallic Project and funding robust exploration programs across its broader portfolio of projects.
Investors are invited to visit the New Age Metals website where they can review the Company and its corporate activities. Any questions or comments can be directed to [email protected] or Harry Barr at [email protected] or you can reach our field office at +1(613)659-2773
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On behalf of the Board of Directors
"Harry Barr"
Harry G. Barr
Chairman and CEO
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward Looking Statements: This release contains forward-looking statements that involve risks and uncertainties, including statements regarding the planned basal till sampling program, its timing, scope and sample count, the interpretation of geophysical data, and potential rebates under the Junior Exploration Assistance program. These statements may differ materially from actual future events or results and are based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-looking statements. In addition, forward-looking statements include statements in which the Company uses words such as "continue", "efforts", "expect", "believe", "anticipate", "confident", "intend", "strategy", "plan", "will", "estimate", "project", "goal", "target", "prospects", "optimistic" or similar expressions. These statements by their nature involve risks and uncertainties, and actual results may differ materially depending on a variety of important factors, including, among others, weather and ground conditions, equipment and personnel availability, the receipt and continuation of grant funding and approvals, and other factors as may be discussed in the documents filed by the Company on SEDAR+ (www.sedarplus.ca), including the most recent reports that identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. The Company does not undertake any obligation to review or confirm analysts' expectations or estimates or to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. Investors should not place undue reliance on forward-looking statements.
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