Precious Metals

New Age Metals (TSX.V: NAM; OTCQB: PAWEF; FSE: P7J.F) is pleased to announce that the Induced Polarization (IP) geophysical survey is now complete on the Pine Zone and extended to the Banshee Zone at the River Valley PGM Project in northwest Ontario. The Pine Zone is one of numerous prospective PGM zones (Figure 1) within …

New Age Metals (TSX.V: NAM; OTCQB: PAWEF; FSE: P7J.F) is pleased to announce that the Induced Polarization (IP) geophysical survey is now complete on the Pine Zone and extended to the Banshee Zone at the River Valley PGM Project in northwest Ontario.

The Pine Zone is one of numerous prospective PGM zones (Figure 1) within the district-scale River Valley PGM Project and was most 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. This re-interpretation of the River Valley Deposit and its mineralization has the potential of advancing the project to a strong economic stage.

The surface IP geophysical survey tested the potential for eastwards and southwards extension of the Pine Zone as well as the adjacent Dana North Zone. The survey will aid in the generation of new targets for follow up drill testing.
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