Why Are A Billionaire Investor And The 5th Largest Lithium Producer On The Planet Partnered With New Age Metals?
posted on
Feb 06, 2024 10:41AM
River Valley PGM Project with 2.9Moz Palladium Equivalent (Measured & Indicated) Advancing to Pre-Feasibility Study
By AGORACOM Staff
For investors seeking exposure to 'green' mineral projects in North America, New Age Metals stands out as a beacon of opportunity. In this exclusive interview, Chairman and CEO Harry Barr unveils the critical components that have attracted a billionaire investor, Eric Sprott, and the 5th largest lithium producer on the planet to partner with the company. Let's delve into the high-level highlights, achievements, and strategic positioning that make New Age Metals a compelling player in the green metals landscape.
Framing New Age Metals: A Pioneer in Green Metal Exploration
New Age Metals is a well-financed company dedicated to the discovery, exploration, and development of green metal projects. What sets them apart is the unique blend of commodity diversification and exploration potential that appeals to both seasoned investors and those eyeing the burgeoning green economy.
Palladium Division: Unveiling the River Valley Project
A Jewel in the North American Palladium Landscape
New Age Metals is making waves with its Palladium Platinum Group Metals (PGM) division. At the forefront is the multi-million-ounce River Valley Palladium Project, situated near Sudbury, ON. Notably, it stands as one of the largest undeveloped primary palladium projects in North America.
Resource Metrics: A Snapshot of Potential
Lithium/Rare Elements Division: Partnering for Progress
Strategic Alliance with the 5th Largest Lithium Producer
In a strategic move, the 5th largest lithium producer globally has entered into an exploration agreement with New Age Metals. The collaboration aims to fund the Company’s lithium exploration efforts in Manitoba, where a substantial budget of $7.3 million for 2023/24 has been allocated. With 14 projects and a robust presence in the Winnipeg River Pegmatite field, including proximity to the Tanco Mine, a prominent lithium producer in Canada, New Age Metals is poised for significant strides in the lithium sector.
CEO Harry Barr: Charting a Bold Course in Lithium Exploration
Commencement of the Most Aggressive Drill Program Yet
CEO Harry Barr expresses pride in announcing New Age Metals' most aggressive drill program to date for its Lithium Division. The program, backed by partnerships with Mineral Resources and consultancy from Axiom, is a testament to the meticulous project development and planning that has brought the company to this pivotal moment.
Confidence in Targeted Exploration
With a deep understanding of the project area developed over the years, New Age Metals enters its winter program with well-defined, high-priority targets. CEO Harry Barr's confidence in the program reflects a strategic blend of targeted drilling, powerful partnerships, and a comprehensive plan that positions the company as a frontrunner in lithium exploration.
Conclusion: New Age Metals at the Vanguard of Green Metal Exploration
As New Age Metals embarks on its most aggressive drill program, the company stands at the forefront of green metal exploration. With a diversified portfolio, substantial resources in the palladium sector, and a robust lithium exploration initiative backed by global partnerships, New Age Metals is positioned for success. The strategic collaboration with a billionaire investor and a top-tier lithium producer underscores the company's credibility and potential. Investors keen on tapping into the green revolution would be wise to keep a close eye on New Age Metals as it charts a compelling course in the ever-evolving landscape of green metal exploration.
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