New Age Metals (TSX.V: NAM; OTCQB: PAWEF; FSE: P7J.F) is pleased to announce all data from the latest drill program is completed and that the new NI 43-101 resource calculation has commenced with Todd McCracken at WSP Canada. This drill program was focused on the Pine Zone (T2) and T3 as a follow up to the 2015 and 2016 drilling and IP geophysical work at the River Valley Platinum Group Metals (PGM) Deposit.
President and COO Trevor Richardson stated:
“PGM Mineralization was discovered in the River Valley Intrusion in 1999 and active exploration was carried out from 1999 to 2012 (Figure 1). In 2015, reinterpretation of past results led to the theory of PGM mineralization in the footwall.
The 2015 drilling confirmed this theory and led to the 2016 and 2017 drilling (Figure 2-Table 3) that continued to confirm the PGM footwall mineralization (see NAM website – Press Releases).”