New Age Metals 2017 Drill Program Update at the River Valley Platinum Group Metal Project, Sudbury Mining District, Ontario

Resource Investing News

New Age Metals (NAM)(otcqb:PAWEF) is pleased to announce that the 2017 Drill Program is at the midway point in the planned program on the Dana North (T3) and Pine Zone at the River Valley PGM Project, approximately 100 kilometers east of Sudbury, Ontario. The Induced Polarization (IP) geophysical survey and borehole geophysics was completed by …

New Age Metals (NAM)(otcqb:PAWEF) is pleased to announce that the 2017 Drill Program is at the midway point in the planned program on the Dana North (T3) and Pine Zone at the River Valley PGM Project, approximately 100 kilometers east of Sudbury, Ontario.
The Induced Polarization (IP) geophysical survey and borehole geophysics was completed by Abitibi Geophysics and a final report has been completed. The first portion of the drill program was concentrated on follow-up drill testing of the 2015-2016 PGM mineralization at the Pine Zone. Drilling will now focus on the geophysical interpretation from the recently completed IP Survey.

The Pine Zone is one of numerous prospective PGM zones within the district-scale River Valley PGM Project and was recently drilled in the fall of 2016. The 2016 drill program confirmed the higher-grade, near-surface PGM discovery made in the 2015 drill program, and highlighted the continuity of the mineralization for 200 metres along strike and 100-200 metres depth at the Pine Zone.
The Pine Zone remains open along strike and at depth. The recent drill program has completed 6 follow-up holes on this zone. Approximately 5000 meters (16,500 feet) of drilling is planned for the present drill program.

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