New Age Metals Releases Sustainability Report for 2024-2025
(TheNewswire)
February 2nd, 2026 - TheNewswire - Rockport, Ontario - New Age Metals Inc. (TSX.V: NAM; OTCQB:NMTLF; FSE: P7J.F) (“NAM” or “Company”) is pleased to announceits ESG/Sustainability Report for the year 2024-2025. The scope ofthis Report encompasses NAM’s newly acquired Newfoundland andLabrador Au-Sb properties (Nfld Au-Sb Properties) and Alaska GenesisPGM-Cu-Ni Project.
NAM’s ESG/Sustainability Report is now available under the ESG tabon its corporate website.
HIGHLIGHTS:
The report is based on frameworks outlined by bothTCFD (Taskforce forClimate-related Financial Disclosures) and SASB (SustainabilityAccounting Standards Board). This action wascompleted to ensure that the report aligns with important and industrybest practice.
Exploration activities during the reporting period werelimited to reconnaissance field visits and surface sampling. Fuel useassociated with these activities was minimal and considered immaterialto the Company’s overall emissions profile. Accordingly, no detailedScope 1 emissions quantification was undertaken for theperiod.
Similarly, no water was sourced from any water sources.
Ongoing community engagement with the Temagami, Nipissing, and Sagkeeng First Nationscontinued, including regular coordinationmeetings, Chief and Council discussions, Memoranda of Understanding(MoUs), and the completion of archaeological, land-use, and otherbaseline surveys.
Harry Barr, Chairman and CEO of NAMcommented, “On behalf of the management teamand Board of Directors, I am pleased to provide an update on the keymilestones achieved to date in 2026, as well as the goals andpriorities for New Age Metals (NAM) for the remainder of theyear.
Since NAM’s inception, our approach has been groundedin identifying and engaging with all key stakeholders before advancingany project, particularly those connected to the environmental andsocial landscape of the regions in which we operate. To that end, wehave made substantial investments in stakeholder outreach and havemaintained direct, ongoing engagement with First Nations, localcommunities, and other custodians surrounding our properties.
At NAM, we firmly believe that while a project’ssuccess may be measured through its economic performance and financialoutcomes, the long-term sustainability of that success depends on astrong commitment to environmental, social, and governance (ESG)principles. This commitment not only strengthens our projects but alsoprovides the foundation for meaningful partnerships and the enduringsocial license to operate.
The Company aims to ensure that we are activelycommunicating with investors and other stakeholders to the best of ourabilities, and we want you to know that we are available to answer anyquestions or concerns.”
NAM understands the importance of these ESG reports andthe visibility, transparency, and affirmation they provide toenvironmental, social, and governance issues arising from itsoperations, which is imperative across the industry. As it has done inthe past, NAM will include disbursement of such reports as an annualtarget and will ensure to involve all stakeholders and communities asmuch as possible.
New Age Metals is a junior mineral exploration anddevelopment company focused on the discovery, exploration, anddevelopment of critical green metal projects in North America. TheCompany has three divisions: a Platinum Group Element division, aLithium/Rare Metals division, an Antimony-Gold Division as well as aninvestment in MetalQuestMining’s (TSXV:MQM | OTC:MQMIF) high purity Lac Otelnuk Iron Project.
The PGM Division includes the 100%owned, multi-million-ounce, district-scale River Valley Project, oneof North America’s largest undeveloped Platinum Group ElementProjects, situated 100 km by road east of Sudbury,Ontario. In addition to River Valley, NAM owns100% of the Genesis PGM-Cu-Ni Project in Alaska. Most recent PGMannouncement: https://newagemetals.com/new-age-metals-prepares-its-platinum-group-metals-division-to-launch/.
New Age Metals’ Antimony–Golddivision is located in Newfoundland and comprises a 20,950-hectareland package across 11 non-contiguous properties. Six of these properties are situated in the St. Alban’sarea, along Canstar’s Swanger and Little River mineralized trends.The remaining five properties are strategically positioned along thesame regional geological trend as the past-producing Beaver BrookAntimony Mine and are also located near New Found Gold’s QueenswaySouth Gold Project.
Management has completed Phase 1 exploration and hasnow finished Phase 2 fieldwork. The Phase 2 program successfullydelineated multiple gold–antimony (Au–Sb) trends, and the Companyis currently planning follow-up exploration while awaiting additionalassay results. These results will be used to guide explorationtargeting and program planning for 2026 and beyond. Most recentreleases: https://newagemetals.com/axiom-exploration-group-initiates-xcite-helicopter-borne-tdem-survey-over-nams-sentinel-antimony-property-newfoundland-nam-monitors-fintech-solutions-to-enhance-market-transparency/
On January 21st 2026, New Age Metals announcedthe successful aquisiton of the Northern Sheild PGM-Copper-NickelProject located in Ontario’s Ringof Fire Region, located within the Fishtrap Lake Intrusive Complex inNorthern Ontario, Canada. This acquisition represents a first step inNAM’s expanding Ring of Fire strategy.
The BonanzaRidge Gold and Critical Metals Project has beensignificantly expanded with the option agreements forthe Lavender Lake and South GibiLake properties, adding a combined ~5,216hectares (~12,889 acres) of prospective ground in the Kenora Gold District of northwestern Ontario. These properties, located about 25km southeast of Kenora, are strategically positioned along a favourable structural corridor adjacent toNAM’s flagship Bonanza Gold Property, and host known gold and copperoccurrences with minimal modern exploration to date. The consolidatedportfolio now comprises approximately 8,500 hectares ofcontiguous land within an emerging gold and critical metalsjurisdiction, providing substantial opportunities for follow-up fieldwork, structural modeling, target generation, and future drillcampaigns. Recent announcement:https://newagemetals.com/new-age-metals-expands-bonanza-ridge-gold-andcritical-metals-project-strategic-acquisition-oflavender-lake-south-gibi-lake-properties/.
The Company is establishing a Kenora, Ontario based field operationshub to support exploration activities acrossNorthwestern Ontario and Eastern Manitoba. The proposed facility wouldprovide centralized logistical, technical, and administrative supportfor regional exploration programs and is expected to improve fieldefficiency and coordination.
The Company’s Lithium Division is one of the largestmineral claim holders in the Winnipeg River Pegmatite Field, where theCompany is exploring hard rock lithium and various rare elements suchas tantalum, rubidium, and cesium. NAM is developing its lithium division inconjunction with its Farm-in/Joint Venture agreement with MineralResources Ltd. (“MinRes”), one of the world’s largest lithiumproducers. A minimum budget to maintain theProjects has been approved by Mineral Resources Ltd for May 2025 toApril 2026. Management is currently working on providing MineralResources, a go forward exploration program for spring, summer, andfall 2026.
In April 2024, a $1.5M NSERC Alliancegrant was awarded to a collaboration led by the University of Manitoba(Drs. Fayek and Camacho), with academic partners from LakeheadUniversity (Dr. Hollings) and industry partners including New AgeMetals and Grid Metals. This research isfocused on advancing Canada’s critical metals sector, with New AgeMetals’ portion targeting its Bird River lithium properties. The2025 work included core sampling and field visits. The project willlikely extend beyond the original 3-year term, due to its delayedstart. The parties involved in this grant plan to meet over the next60 days and will announce our plans for 2026 and beyond.
New Age Metals Inc. is supporting asuccessful $180K Mitacs research grant, awarded in 2023, through its$90K contribution (already accounted for and paid under the MineralResources joint venture). This academicpartnership with the University of New Brunswick and the University ofBritish Columbia is focused on understanding the origin and controlsof lithium pegmatite mineralization in the Cat Lake–Winnipeg Riverfield. MSc and post-doctoral research programs have recently beencompleted, and the Company is reviewing the results with the academicinstitutions to assess how the findings may be incorporated intofuture exploration programs. This collaboration provides access to top-tier scientific expertiseand equipment, significantly reducing analysis costs and addinglong-term value to the project.
The Company is actively seeking anoption/joint venture partner for our and its road-accessible GenesisPGM-Cu-Ni Project in Alaska and results from our Summer/Fall Programare expected by the end of the year. Recent announcement: https://newagemetals.com/new-age-metals-completes-summer-2025-exploration-program-on-the-genesis-pgm-cu-ni-project-alaska/ .
On August 6, 2025, New Age Metals announcedan additional investment in a4th critical metal. NAM currently ownsapproximately 9.63% and holds warrants that, if exercised withtoday’s issued and outstanding shares of MQM, would bring NAM to a14.6% interest in MetalQuest Mining inc.
MetalQuest Mining inc. is developingone of North Americas largest iron projects, where approximately $120million has been spent on the project. For moreinformation, pleasevisit MetalQuestMining.com . High-purity iron became a criticalmetal Federally in Canada and in the Provinces of Quebec andNewfoundland and Labrador in 2024. In the summer of 2025, MQMcontracted AtkinsRealis, an international engineering company, tocomplete a GAP Analysis on the Lac Otelnuk Project and its 2015Feasibility Study. Results are expected in Q1 2026.
MetalQuest Mining has secured the ROF-1 Project, adistrict-scale critical minerals land package in Ontario’s Ring ofFire totaling 1,034 claim cells (~20,800 hectares). The Ring of Fire is one of Canada’s mostimportant emerging critical minerals districts, supported by growinginfrastructure and government attention as the region advances towardpotential development. ROF-1 Project is locatedapproximately 10 km from major nearby deposits and has identifiedexploration potential for VMS-style mineralization and multipleuntested target corridors based on historic work and technicalreview. This acquisitionrepresents MetalQuest’s first step in building a broadermulti-project Ring of Fire strategy, with the Company continuing toreview additional opportunities in the region.
Management is currently aggressivelyseeking new mineral acquisition opportunities on an internationalscale. Our philosophy is to be a projectgenerator with the objective of optioning our projects with major andjunior mining companies through to production.
Investors are invited to visit the New Age Metalswebsite at www.newagemetals.com where they can review the company andits corporate activities. Any questions or comments can be directedto info@newagemetals.com orHarry Barr at Hbarr@newagemetals.com orFarid Mammadov at faridm@newagemetals.com orcall 613 659 2773.
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On behalf of the Board ofDirectors
“Harry Barr”
Harry G. Barr
Chairman and CEO
Neither the TSX Venture Exchange norits Regulation Services Provider (as that term is defined in thepolicies of the TSX Venture Exchange) accepts responsibility for theadequacy or accuracy of this release.
Cautionary NoteRegarding Forward Looking Statements: This release contains forward-lookingstatements that involve risks and uncertainties. These statements maydiffer materially from actual future events or results and are basedon current expectations or beliefs. For this purpose, statements ofhistorical fact may be deemed to be forward-looking statements. Inaddition, forward-looking statements include statements in which theCompany 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 theirnature involve risks and uncertainties, and actual results may differmaterially depending on a variety of important factors, including,among others, the Company’s ability and continuation of efforts totimely and completely make available adequate current publicinformation, additional or different regulatory and legal requirementsand restrictions that may be imposed, and other factors as may bediscussed in the documents filed by the Company on SEDAR(www.sedar.com), including the most recent reports that identifyimportant risk factors thatcould cause actual results to differ from those contained in theforward-looking statements. The Company does not undertake anyobligation to review or confirm analysts’ expectations or estimatesor to release publicly any revisions to any forward-looking statementsto reflect events or circumstances after the date hereof or to reflectthe occurrence of unanticipated events. Investors should not placeundue reliance on forward-looking statements.
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