Axiom Exploration Group Initiates Xcite™ Helicopter-Borne Tdem Survey over Nam’S Sentinel Antimony Property, Newfoundland, NAM Monitors Fintech Solutions to Enhance Market Transparency
New Age Metals TSX-V: NAM OTCQB: NMTLF
Field Office: 59 Burtch’s Lane, Rockport, ON, Canada, K0E 1V0 [email protected]
+1.613. 659.2773 www.newagemetals.com
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AXIOM EXPLORATION GROUP INITIATES XCITE™
HELICOPTER-BORNE TDEM SURVEY OVER NAM’S
SENTINEL ANTIMONY PROPERTY, NEWFOUNDLAND,
NAM MONITORS FINTECH SOLUTIONS TO ENHANCE
MARKET TRANSPARENCY
November 7th, 2025 – Rockport, ON– New Age Metals Inc. (TSX.V: NAM; OTCQB: NMTLF;
FSE: P7J.F) (“NAM” or the “Company”) is pleased to announce that it has engaged Axiom
Exploration Group Ltd. (“Axiom”) to complete a helicopter -borne Xcite ™ Time Domain
Electromagnetic (TDEM) survey. A LiDAR survey over Company’s Sentinel Antimony Property
in central Newfoundland will be conducted in Spring of 2026.
Highlights:
- First modern airborne geophysical program over the Sentinel Property.
- High-resolution 100-metre line spacing TDEM survey with co-collection of magnetic date
is being conducted now. Collection of LiDAR data will be completed in the Spring of 2026.
- The property is ideally situated along trend of the Beaver Brook Antimony Mine,
Canada’s only primary antimony producer, which hosted a historical resource of 2.2
million tonnes grading 3.99% Sb at a 1.5% cut-off grade (Sandeman et al., 2018) 1.
- It is also adjacent to New Found Gold Corp.’s Queensway South Gold Project,
the ~80-kilometre-long southern extension of the highly gold-mineralized Queensway
North trend2.
- Management investigates a number of Fintech Companies providing trade solutions
and transparency.
The Sentinel Property lies approximately 5 -km southwest along trend of the Beaver Brook
Antimony Mine, Canada’s only primary (past) producer of antimony (Figure 1). The mine
hosts high-grade stibnite–quartz mineralization within conductive, graphitic sedimentary units of
the Indian Islands and Davidsville Groups ; features that define the Beaver Brook Mineralized
Horizon (Sandeman et al., 2018).
1 Sandeman et al. (2018). Beaver Brook Antimony Mine Revised: An update on operations and new structural and
geological observations. Current Research Newfoundland and Labrador Department of Natural resources.
Geological Survey Report 18-1, p. 123-152.
2 New Found Gold Corp. Website (March 2025). Available at: https://newfoundgold.ca/project/queensway-project/
New Age Metals TSX-V: NAM OTCQB: NMTLF
Field Office: 59 Burtch’s Lane, Rockport, ON, Canada, K0E 1V0 [email protected]
+1.613. 659.2773 www.newagemetals.com
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Figure 1: Overview Map of NAM's Central Newfoundland Au -Sb Projects Showing Planned Xcite Flight Lines Over the Sentinel
Property
The XCITE survey will consist of approximately 460 line -kilometres flown at 100 -metre line
spacing using NRG’s Xcite™ TDEM system, designed to identify conductive horizons that may
correspond to graphitic sedimentary units known to host antimony -bearing structures at Beaver
Brook.
“This is the first modern electromagnetic survey conducted over the Sentinel Property,” stated
Harry Barr, Chairman & CEO of New Age Metals. “Our goal is to identify conductive trends
that could represent graphitic faults or sedimentary horizons associated with the mineralized
structures at the Beaver Brook Mine. The data from this high-resolution Xcite™ survey will be
insightful in allowing our technical team to define high-priority drill targets.”
LiDAR and electromagnetic data, magnetic and LiDAR datasets will be co-collected, in order to
aid in geological interpretation , structural analysis, and terrain modelling. LiDAR will be
conducted in the Spring of 2026. The results will be processed and inverted to generate 3D
New Age Metals TSX-V: NAM OTCQB: NMTLF
Field Office: 59 Burtch’s Lane, Rockport, ON, Canada, K0E 1V0 [email protected]
+1.613. 659.2773 www.newagemetals.com
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conductivity models, allowing for the identification of potential fault -hosted conductors and
graphitic horizons analogous to those that host stibnite mineralization at Beaver Brook.
About the Beaver Brook Antimony Trend
The past-producing Beaver Brook Antimony Mine area hosts epithermal, fracture -controlled
stibnite-quartz mineralization along a 4-km strike length within graphitic sedimentary rocks of the
Indian Islands and Davidsville Groups. These graphitic horizons are important structural and
geochemical markers that focus mineralization along thrust and fault zones (Sandeman et al .,
2018).
Next Steps
Upon completion of the airborne survey, Axiom will deliver conductivity depth imaging (CDI)
products and magnetic maps to guide ground follow-up. NAM intends to integrate the geophysical
results with soil geochemistry and lithostructural mapping to prioritize future drill targets.
Adjacent Property Disclaimer
The exploration results and geological information disclosed herein relating to adjacent or nearby
properties are not necessarily indicative of the mineral potential of the Company’s properties.
The Company has no interest in or right to acquire any interest in the properties referenced.
Mineralization hosted on adjacent or nearby properties is not necessarily representative of
mineralization that may be hosted on the Company’s property.
Qualified Person
Dr. William Stone, Ph.D., P.Geo., NAM’s Lead Geoscience Consultant and a Qualified Person
(“QP”) as defined by NI 43 -101 has reviewed, prepared and approved all the scientific and
technical information disclosed in this press release.
About NAM
New Age Metals is a junior mineral exploration and development company focused on the
discovery, exploration, and development of precious and critical metal projects in North America.
The Company has 4 divisions: a Platinum Group Element division , a Lithium/Rare Element
division, Newfoundland Gold -Antimony division and the Bonanza Gold Project located in the
Kenora Mining District, Ontario.
The PGE Division includes the 100% owned, River Valley Project, one of North America’s largest
undeveloped Platinum Group Element Projects, situated 100 km by road east of Sudbury, Ontario.
In addition to River Valley, NAM owns 100% of the Genesis PGE-Cu-Ni Property in Alaska.
New Age Metals TSX-V: NAM OTCQB: NMTLF
Field Office: 59 Burtch’s Lane, Rockport, ON, Canada, K0E 1V0 [email protected]
+1.613. 659.2773 www.newagemetals.com
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The Company’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, rubidium, and cesium. NAM is developing its lithium division i n conjunction
with its Farm -in/Joint Venture agreement with Mineral Resources Ltd. (“MinRes”) , one of the
worlds largest lithium producers. A budget for May 202 5 to April 202 6 will be submitted to
Mineral Resources Ltd (MRL, ASX: MIN) for approval. On June 17th, 2024, NAM announced the
participation in the University of Manitoba’s sustainable mineral exploration grant for $1.5
million, which will be shared equally with Grid Metals. The University of Manitoba researchers
are poised to unlock more sustainable ways to extract mineral resou rces, thanks to a $1.5 million
grant from the Natural Sciences and Engineering Research Council ( “NSERC”). By harnessing
the collective expertise of academia, industry, and government, the complex challenges facing the
critical minerals industry can be addressed to create sustainable solutions for the future.
Management is currently aggressively seeking new mineral acquisition opportunities on an
international scale. Our philosophy is to be a project generator with the objective of optioning
our projects with major and junior mining companies through to production.
The Company is actively seeking an option/joint venture partner for its River Valley
Palladium Project and its road-accessible Genesis PGE-Cu-Ni Property in Alaska.
Investors are invited to visit the New Age Metals website at www.newagemetals.com where they
can review the company and its corporate activities. Any questions or comments can be directed
to [email protected] or Harry Barr at [email protected] or Farid Mammadov at
[email protected] or call 613 659 2773.
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On behalf of the Board of Directors
“Harry Barr”
Harry G. Barr
Chairman and CEO
New Age Metals TSX-V: NAM OTCQB: NMTLF
Field Office: 59 Burtch’s Lane, Rockport, ON, Canada, K0E 1V0 [email protected]
+1.613. 659.2773 www.newagemetals.com
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Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
this release.
Cautionary Note Regarding Forward Looking Statements: This release contains forward-looking
statements that involve risks and uncertainties. These statements may differ materially from
actual future events or results and are based on current expectations or beliefs. For this purpose,
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ability and continuation of efforts to timely and completely make available adequate current
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may be imposed, and other facto rs as may be discussed in the documents filed by the Company
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that could cause actual results to differ from those contained in the forward-looking statements.
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or circumstances after the date hereof or to reflect the occurre nce of unanticipated events.
Investors should not place undue reliance on forward-looking statements.