- New Age Metals (NAM) partner Mineral Resources Limited has approved the 2022 exploration budget, and program for its Manitoba Lithium division
- This budget is the largest to date for the Lithium Division
- The exploration program includes a second drill program on the Lithium Two Project and initial drill program on the Lithium One Project
- New Age Metals is a junior mineral exploration and development company
- New Age Metals Inc. (NAM) opened trading at C$0.08
New Age Metals (NAM) partner Mineral Resources Limited has approved the 2022 exploration budget and program for its Manitoba Lithium division.
Harry Barr, Chairman & CEO of New Age Metals commented on the news.
“We are happy to have received approval for the 2022 exploration program from our partner, Mineral Resources Limited. This budget is the largest to date for our Lithium Division and will include a comprehensive exploration program covering multiple properties. With the support of our partner, Mineral Resources Limited, we are looking forward to the advancement of our projects this coming season.”
NAM’s Lithium Division is one of the largest mineral claim holders in the Winnipeg River Pegmatite Field, where the company is exploring for hard-rock lithium and various rare elements, such as tantalum, cesium and rubidium.
The 2022 exploration program includes a second drill program on the Lithium Two Project and initial drill program on the Lithium One Project.
The 2 drill programs will be part of a comprehensive exploration plan set to commence in spring 2022 that will include satellite data acquisition, an airborne magnetic survey, mapping and drilling.
New Age Metals is a junior mineral exploration and development company focused on the discovery, exploration, and development of green metal projects in North America.
New Age Metals Inc. (NAM) opened trading at C$0.08.
