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New Age Metals Reports up to 51.9% Antimony and

Drill Results

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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NEW AGE METALS REPORTS UP TO 51.9% ANTIMONY AND

46.2 G/T GOLD FROM PHASE 2 EXPLORATION AT ST.

ALBAN’S, NEWFOUNDLAND

February 27, 2026 – Rockport, Ontario– New Age Metals Inc. (TSX.V: NAM | OTCQB: NMTLF | FSE:

P7J) (“NAM” or the “Company”) is pleased to report results from its Phase 2 follow -up exploration

program at the Company’s St. Alban’s antimony –gold properties in southern Newfoundland and

Labrador.

Phase 2 exploration returned high-grade results, including assays of up to 51.9% antimony (Sb) [Figure

1] and 46.2 g/t gold (Au) [Figure 2], significantly strengthening the structurally controlled Au –Sb

mineralizing system first identified during Phase 1 exploration (see August 27, 2025 news release).

Phase 2 Highlights

• Grab samples returned up to 51.9% Sb (Sample 445127) from the southeastern portion of the

Antimony Ridge property (St. Alban’s area)

• High-grade gold assays returned up to 46.2 g/t (Sample 214444) and 23.8 g/t (Sample 445126) from

grab sampling of quartz veining in the central zone of the Antimony Ridge property

• Southeastern zone on the Antimony Ridge property returned 6.53 g/t Au (Sample 441306), 6.42

g/t Au (Sample 260055), and a cluster of 4–5 g/t Au spatially associated with high-grade Sb

• Northwestern corridor on the Antimony Ridge property hosts stibnite-bearing sheeted quartz

veins traced for ~400 metres with grades up to 6.57% Sb (Sample 441326) [Figure 3]

• A grab sample (Sample 206547) from Antimony Ridge returned 39,215 ppm Zn, 3,672 ppm Pb,

2,927 ppm Cu;

• Results confirm structurally controlled Au-Sb mineralization along an emerging ~16 km trend

• 40 additional mineral claims (~1000 hectares) staked, consolidating the trend and capturing the

Pardy Head antimony occurrence (Figure 6)

• Exploration approvals received for trenching activities on the Antimony Ridge Property for next

field season

• Final JEA report submitted; potential $71,975 exploration rebate pending acceptance.

Sampled locations are shown in Figures 4 and 5 and a detailed summary of grab sample assay results is

provided in the Company’s accompanying Phase 2 Highlights Table 1.

Harry Barr, NAM Chairman and CEO, comments , “Phase 2 has delivered high -grade antimony and

gold results that materially upgrade the scale and potential of our project in south -central Newfoundland.

The identification of antimony grades exceeding 50% Sb and gold grades up to 46.2 g/t confirms the

strength of this emerging mineralized system.

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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In addition, we have expanded our land position to include the Pardy Head occurrence, secured trenching

approvals, and completed additional late season work up until the snow prohibited work in December. This

was all done while leveraging provincial support through the Junior Exploration Assistance program. With

further assays pending, our technical team continues to develop a stronger understanding of the

structural controls of mineralization. We believe that the project is well positioned for drilling next

season.”

Figure 1: High-grade angular stibnite float sample 445127 from the Antimony Ridge property that graded

51.9% Sb

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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Regional Context – Emerging Au-Sb Corridor

Phase 2 results further confirm structurally controlled Au–Sb mineralization hosted within quartz veins of

the St. Joseph’s Cove Formation.

Mineralization extends along a regional structural trend from Swanger’s Cove, through Antimony Ridge

(MODS# 001M/13/Sb 002) and Golden Grit (MODS# 001M/13/Au 015), to the True Grit (MODS#

001M/13/Au 014) occurrence.

This continuity supports district-scale potential along an emerging Au–Sb corridor in the St. Alban’s area.

Ongoing work is progressively defining discrete structural zones within this broader trend, allowing the

Company to narrow exploration toward specific target areas.

Antimony Ridge – Phase 2 Results

Phase 2 work has defined three distinct mineralized zones within the Antimony Ridge property.

Central High-Grade Gold Zone

The strongest gold mineralization identified to date during Phase 2 occurs within a central structural zone.

Grab samples returned:

• 46.2 g/t Au (Sample 214444)

• 23.8 g/t Au (Sample 445126)

• 8.21 g/t Au (Sample 445116)

• 7.16 g/t Au & 2.51% Sb (Sample 445132)

Gold mineralization is hosted within narrow quartz veins that cross-cut the regional foliation and are

spatially associated with NNW–SSE-trending fault structures interpreted to represent later brittle

deformation.

In contrast, antimony-bearing quartz veining identified elsewhere on the property appears largely

foliation-parallel, suggesting that gold mineralization may represent a structurally overprinting event

focused along cross-cutting fault zones.

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 relationship between foliation-parallel Sb veining and cross-cutting Au-bearing structures highlights

the potential for enhanced mineralization at structural intersections, providing clear vectors for continued

trenching and drill targeting.

Figure 2: Sample 214444 from a cross-cutting quartz vein on the Antimony Ridge Property

Northwestern Stibnite-Bearing Structural Corridor

The northwestern portion of the property hosts a well-defined structural corridor where the technical team

traced multiple parallel to sheeted quartz veins, approximately 10 –30 cm wide, exposed in outcrop over

approximately 400 metres of strike length.

These quartz veins are oriented sub-parallel to the regional foliation , indicating that antimony

mineralization is largely foliation -controlled and developed within a ductile structural fabric of the host

rocks.

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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Sampling from these foliation -parallel sheeted quartz veins returned antimony values up to 6.57% Sb,

confirming stibnite -bearing mineralization within a structurally continuous bedrock corridor. The

continuity and geometry of this mineralized vein system define a coherent surface target for drill testing.

Figure 3: Sample 441326 from a quartz-stibnite vein on the northwestern target of the Antimony Ridge

property

Southeastern High-Grade Antimony Zone

The southeastern portion of the property hosts the highest -grade antimony values identified to date,

including over-limit samples grading:

• 51.9% Sb (Sample 445127)

• 51.2% Sb (Sample 445128)

Associated gold values include 6.53 g/t Au, 6.42 g/t Au, and a cluster of 4–5 g/t Au results.

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 abundance and angular nature of mineralized float, combined with coincident soil anomalies, suggests

a proximal bedrock source that has not yet been exposed. This southeastern zone represents a high-priority

trenching target for the 2026 field season.

Polymetallic Character of the System

In addition to high -grade gold and antimony, Phase 2 sampling confirmed elevated base - and precious-

metal values across multiple properties within the St. Alban’s project area.

Quartz-vein sampling at Antimony Ridge returned up to:

• 39,215 ppm Zn

• 3,672 ppm Pb

• 2,927 ppm Cu

On the Fort Property, Phase 2 sampling returned strongly anomalous lead values, including assays up to

21,937 ppm Pb, confirming that base-metal mineralization occurs beyond the Antimony Ridge corridor.

Notably, Phase 1 exploration at the Fort Property returned even higher -grade lead and high-grade silver

values (see August 27, 2025 news release), demonstrating continuity of polymetallic mineralization within

the broader structural trend.

Elevated Zn, Pb, Cu, Ag, and As values identified during both Phase 1 and Phase 2 programs highlight the

presence of a robust polymetallic hydrothermal system active along the regional Au –Sb corridor. The

widespread and consistent distribution of this mult i-element signature across multiple properties supports

the interpretation of a district-scale, structurally controlled mineralizing system.

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

Page7

Figure 2: Map Overview of Sb % in Grab Sampling from the St. Alban’ s Properties (South-Central,

Newfoundland)

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 3: Map Overview of Au g/t in Grab Sampling from the St. Alban’ s Properties (South-Central,

Newfoundland)

Land Consolidation – Pardy Head

The Company staked an additional 40 mineral claims (~1,000 hectares), further consolidating the

mineralized trend and capturing the Pardy Head antimony occurrence where government mapping confirms

stibnite-bearing quartz veins in outcrop.