New Age Metals Provides a 2026 Go Forward Plan and a Summary 2025 Chairmans Message
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
NEW AGE METALS PROVIDES A 2026 GO FORWARD PLAN
AND A SUMMARY 2025 CHAIRMANS MESSAGE
January 7th, 202 6 – Rockport, Ontario – New Age Metals Inc. (TSX.V: NAM | OTCQB:
NMTLF | FSE: P7J) (“NAM” or the “Company”) is pleased to announce a summary 2025
Chairmans Message and Go-Forward Plan for 2026. In this press release, NAM is also to update
shareholders on recent developments in its equity investment in MetalQuest Mining inc
(TSXV:MQM).
Chairman and CEO Harry Barr states, “2025 is behind us and was an excellent year. However,
we look ahead to 2026 and are extremely excited about the plans for 2026. I want to sincerely
thank you our shareholders and interested parties for your continued support of New Age Metals.
Over the past year, we delivered steady progress —advancing our diversified portfolio,
strengthening our financial position, and expanding our visibility with investors and industry
stakeholders through consiste nt outreach. Just as importantly, 2025 marked the most
aggressive project acquisition program in the Company’s history, as we worked to
consolidate high-quality opportunities across multiple jurisdictions and commodities.
We intend to continue this acquisition -focused strategy in the year ahead due to the intense need
for critical metals, the wild prices of platinum, palladium, gold, silver, copper and the fact we think
this is very likely a super cycle on an international scale.
From an investor relations point of view, we are attending the VRIC 2026 conference, the PDAC
2026 and we plan to expand our investor outreach efforts in 2026 and beyond.
Going forward, our acquisition sites not only include North America, but we intend to look at
Saudi Arabia, where we have been invited to attend the Future Minerals Forum 2026 (January 13-
16), who have the Vision 2030 which aims to become fully sufficient by 2030 . We are not only
in North America, but we are also looking internationally. This press release highlights our key
accomplishments in 2025 and outlines our go-forward plan for 2026. It also provides an update on
New Age Metals’ equity position in MetalQuest Mining.”
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
Chairman and CEO Harry Barr states, “2025 is now behind us and it was an excellent year for
New Age Metals. As we look ahead to 2026, we are even more excited about what’s in front of
us. On behalf of the Directors and Management, I want to sincerely thank our shareholders and all
interested parties for your continued support. Over the past year, we delivered steady progress —
advancing our diversified portfolio, strengthening our financial position, and expanding our
visibility with investors and industry stakeholders through consistent outreach. Just as importantly,
2025 marked the most aggressive project acquisition program in the Company’s history, as we
worked to consolidate high-quality opportunities across multiple jurisdictions and commodities.
During the year, we expanded our Gold-Antimony footprint in Newfoundland and Labrador,
added gold and critical metals projects in the Kenora Mining District, and we are currently
finalizing additional acquisitions in Northern Ontario’s Ring of Fire region. We are also
evaluating larger-scale opportunities in the Platinum Group Metals space across Ontario. In each
selected jurisdiction, our focus remains the same: build a meaningful position early and advance
it through disciplined, exploration-driven work.
To support this growth, we are finalizing the opening of a new field office in Kenora, which we
expect will help service our Southeastern Manitoba Lithium Division , our North-Western
Ontario Gold–Critical Metals Division, and our Ontario PGM portfolio. We intend to continue
this acquisition -focused strategy in the year ahead, supported by strong fundamentals across
critical metals and continued strength in key commodities including platinum, palladium, gold,
silver, and copper. From an investor relatio ns perspective, we will be increasing our outreach
efforts in 2026 and beyond, including participation at VRIC 2026 and PDAC 2026.
Looking forward, on an international scale, our new acquisition efforts are focusing on a more
international scale while also selectively expanding our North American reach. We have been
invited to attend Saudi Arabia’s Future Minerals Forum in mid January, where the country’s
Vision 2030 strategy is driving significant momentum in the mining sector.
Given recent geopolitical developments and shifting critical -minerals supply dynamics, the
Company is also evaluating timely acquisition opportunities in Central and South America
as part of its ongoing, acquisition-driven growth strategy.
This press release highlights our key accomplishments in 2025, outlines our go -forward plan for
2026, and provides an update on New Age Metals’ equity position in MetalQuest Mining.”
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
New Age Metals 2025 Highlights
• Over 350% share price appreciation from January 2025 to January 2026.
• $4.0 million raised , including a lead order from Mr. Eric Sprott , one of the mining
sector’s most respected investors
• Five industry conferences attended, strengthening investor and industry relationships
• 12 new properties/projects acquired (8 in Newfoundland & Labrador and 4 in the Kenora
District, Ontario) — part of the Company’s most aggressive acquisition program to date
• 25 press releases issued, keeping shareholders consistently informed
• Newfoundland Gold –Antimony: Phase 1 field program completed; priority targets
defined for Phase 2
• Alaska (Genesis): Summer fieldwork completed; 2026 program planning underway
• Northwestern Ontario (Kenora): Due diligence and follow -up work completed; 2026
exploration planning underway
• New North-Western Ontario regional office situated 1 mile outside of Kenora secured
to support expanded operational activity throughout Ontario and Manitoba.
Financing and Shareholder Alignment
A key milestone in 2025 was the successful completion of our $4 million financing , which
provides a strong foundation as we move into 2026. The Company is also pleased to have Eric
Sprott participate in the financing . Following his investment, Mr. Sprott now owns
approximately 36% of the Company on a partially diluted basis. NAM views this as meaningful
validation and long -term alignment with one of the most respected investors in our sector. The
Company is proud that, year -to-date, New Age Metals has generated over 350% share price
appreciation in 2025, rewarding shareholders for their continued support.
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
PGM Division (Ontario River Valley + Alaska Genesis)
Our Platinum Group Metals Division remains a cornerstone of New Age Metals. At the River
Valley Palladium Project in Ontario, one of the largest undeveloped Palladium Projects in
North America, we continued to advance and position our flagship asset for its next stage of
development. During the year, we completed important groundwork to support upcoming
exploration, including clearing the existing road to our Mustang Project area , covering the lower
4 kilometres of our 16-kilometre strike length, in preparation for the first geophysical program
on the property in over 20 years. While we remain disciplined in today’s palladium market, it
has been encouraging to see renewed strength emerging across the broader PGM complex.
Further announcements regarding our Summer/Fall exploration plans are forthcoming.
Figure 1: Price of Palladium per ounce in USD. As of January 5 th, 2026, palladium is trading at ~US$1,719 per
ounce, up from ~US$916 on January 6 th, 2025.
In Alaska, we completed our summer fieldwork at the Genesis PGM -Cu-Ni Project and
advanced our understanding of priority targets . With this seasonal work completed, our
technical team is now planning the next steps for 2026 . This Project has received new interest
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
from outside parties, and it is our objective to find a partner and/or fund the next phase of work
ourselves before the end of Summer 2026.
Figure 2: Image showing the loaded ATV trailer and the trailing ATV with field crew members.
North-Western Division (Kenora Mining District, Kenora, Ontario)
In 2025, New Age Metals launched and rapidly expanded its North -Western Ontario Division by
optioning the Bonanza Ridge Gold and Critical Metals Project and then building on that
foundation through additional strategic property options in the district, including the Magnet Lake
and Lavender Lake–South Gibi Lake properties—an ever-expanding land position designed to
consolidate high -quality opportunities early. We believe the Kenora Mining District remains
underexplored, and with gold prices having re-rated, the Company sees a compelling opportunity
to assemble a meaningful footprint and advance a disciplined, exploration-driven program focused
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
on target generation and value creation. To support this growth and accelerate execution on the
ground, New Age Metals also secured a regional office to better coordinate local exploration
activities, technical work, and stakeholder engagement as the Division continues to scale.
Additional acquisitions are being finalized and planned for the Kenora Mining District in
regard to both Gold and Critical Metals Projects.
NAM’s technical team are currently finalizing the 2026 exploration plans which are slated
to begin near the end of April and will continue throughout the Summer and Fall on all of
its Projects on all its divisions. Further announcements will be forthcoming.
We invite you to watch our Kenora project due diligence videos here:
• Kenora Due Diligence Part One
• Kenora Due Diligence Part Two
Figure 3: Kenora Due Diligence Trip Team Picture. Left to right - Doug Bundy, Harry Barr,
Mikaela Miller, Dr William Stone, Craig Ravnas, Farid Mammadov
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
Newfoundland Division (Gold-Antimony)
Our Newfoundland and Labrador Division advanced significantly through 2025. We completed
Phase 1 fieldwork on our Gold -Antimony properties and defined high -priority targets for
Phase 2 follow -up. Newfoundland and Labrador has become a key focus of our broader
acquisition strategy, and we believe the combination of geological potential and growing interest
in critical minerals (antimony) supports continued disciplined expansion and exploration in the
region. Click here for out most recent announcement on the Newfoundland Division . Further
announcements regarding exploration are forthcoming.
Figure 4: Overview Map of NAM’s Central Newfoundland Au-Sb Projects Showing Planned Xcite Flight Lines Over
the Sentinel Property
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
South-Eastern Manitoba Division (Lithium/Rare Elements)
In Manitoba, our Lithium and Rare Elements portfolio continues to be supported by our partnership
with Mineral Resources Limited. Through 2025, we remained focused on disciplined planning
and maintaining project momentum while aligning near-term activity with broader market
conditions. We believe this division remains an important source of longer -term optionality for
New Age Metals and a key part of our diversified strategy. Further announcements regarding
exploration and forthcoming.
New Age Metals’ Lithium Division is a major claimholder in the Winnipeg River Pegmatite Field,
exploring hard -rock lithium and rare elements including tantalum, rubidium, and cesium. The
division is being advanced through NAM’s farm -in/joint venture with Mineral Resources
Ltd. (MinRes), which has approved a minimum maintenance budget for May 2025 –April
2026 due to current lithium prices and regional wildfire risk . NAM plans to submit budgets
for the Manitoba Lithium Division before the end of February 2026 to its partner, Mineral
Resources Ltd and typically the 2026 budget is approved in H1-2026.
NAM is also leveraging academic partnerships: a $1.5M NSERC Alliance grant (the grant is
shared on a 50% 50% basis with Grid Metals) led by the University of Manitoba which will include
work and exploration activities NAM’s Bird River properties in 2025/2026/2027.
Strategic Exposure through MetalQuest Mining
In August 2025, New Age Metals increased its position in MetalQuest Mining (TSXV: MQM |
OTC: MQMIF | FSE: E7Q), a strategic minerals development company advancing the High-Purity
Lac Otelnuk Iron Project in Quebec’s Labrador Trough. MQM is working to updat e the project’s
historic 2015 Feasibility Study through a Gap Analysis led by AtkinsRéalis. MQM has also
announced the acquisition of a district -scale critical minerals project in Ontario’s Ring of Fire
region. NAM owns a significant equity position in MetalQuest Mining. We encourage NAM
shareholders to read the latest MetalQuest Mining press release.