Northwire Canada EditionThursday, July 30, 2026
Northwire
ZAC 0.060 +0.0% ELE 21.18 −1.7% GHRT 0.750 +0.0% AEM 203.13 +0.1% JTWO 0.135 +0.0% EDR 10.63 −2.8% VMXX 0.750 +5.6% K 32.71 −1.5% AGI 40.13 −1.4% VGZ 2.40 +0.8% CAN 0.055 +0.0% NVO 0.055 +0.0% ARIS 19.57 −4.2% IVN 10.59 −0.8% MCI 0.165 +0.0% MTS 0.130 +0.0% ZAC 0.060 +0.0% ELE 21.18 −1.7% GHRT 0.750 +0.0% AEM 203.13 +0.1% JTWO 0.135 +0.0% EDR 10.63 −2.8% VMXX 0.750 +5.6% K 32.71 −1.5% AGI 40.13 −1.4% VGZ 2.40 +0.8% CAN 0.055 +0.0% NVO 0.055 +0.0% ARIS 19.57 −4.2% IVN 10.59 −0.8% MCI 0.165 +0.0% MTS 0.130 +0.0%
Drill Results Material +

New Age Metals Reports Up To 51.9% Antimony And 46.2 G/T Gold From Phase 2 Exploration At St. Alban's, Newfoundland

New Age Metals hits high-grade Antimony and Gold in Newfoundland as Eric Sprott-backed expansion accelerates across Canadian critical mineral belts.

Executive Summary

The most recent news (February 27, 2026) reports high-grade Phase 2 exploration results from the St. Alban’s project in Newfoundland. Highlights include 51.9% Antimony (Sb) and 46.2 g/t Gold (Au) from grab samples. This follows a flurry of activity in February 2026, including the acquisition of the Escape East PGM-Ni-Cu project (adjacent to Clean Air Metals), the 17,620-hectare Double R Gold Project near Rainy River, and the expansion of the Northern Shield project in the Ring of Fire to 32,000 hectares. The company also launched a 3D IP survey at its flagship River Valley PGM project to define drill targets for the 2026 season.

Material Impact

The news is Material - Positive. While grab samples are selective, the grades (51.9% Sb and 46.2 g/t Au) are exceptional and confirm the high-grade nature of the mineralizing system at a time when Antimony prices have quadrupled due to Chinese export restrictions. - Strategic Pivot: The company has successfully diversified from a PGM-only play into a multi-commodity explorer with significant footprints in Gold and Antimony. - Execution: Management is following through on the "Project Generator" model, rapidly staking and consolidating land in "hot" districts (Ring of Fire, Rainy River, Lac des Iles) at low entry costs. - Validation: The 350% share price appreciation in 2025 and continued backing from Eric Sprott (37.4% ownership) provide significant market validation and liquidity.

NAM · Price
Company Overview

New Age Metals is a project generator focused on green metal and precious metal properties. - Flagship: The River Valley Palladium Project (Sudbury, Ontario). It is one of North America's largest undeveloped primary PGM projects with a 2023 PEA outlining a multi-million-ounce resource. - Secondary Focus: The Newfoundland Gold-Antimony Division and the Manitoba Lithium Division (partnered with Mineral Resources Ltd).

Read the original news release →

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