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New Age Metals Announces Promising PGM Recovery Results from River Valley Project

New Age Metals Inc. (TSXV:NAM); (OTC:NMTLF); (FSE:P7J) has announced exciting results from its PLATSOL™ leaching testwork on the River Valley Palladium Project near Sudbury, Ontario, highlighting significant recovery of platinum group metals (PGM), gold, and copper.

PLATSOL™ Testwork Yields High Recovery Rates

SGS Canada Inc. conducted the PLATSOL™ testwork on concentrates from the Dana and Lismer Zones, showcasing exceptional recovery rates, including 93% palladium, 88% platinum, and 99% copper among others. These results underscore the potential to enhance the value of River Valley’s PGM project through metallurgical innovation.

Positive Outcomes from Initial Tests

The testwork has demonstrated the efficiency of the PLATSOL™ process in recovering precious metals from the project’s mineralized zones, with final extractions reaching up to 98% for gold and nickel, and even 100% copper in the Lismer Zone.

Next Steps for Optimization

Following these encouraging outcomes, further optimization of the PLATSOL™ process is recommended. This includes bulk flotation testing and adjustments aimed at improving the kinetics and extraction of precious and base metals, potentially elevating the project’s profitability and sustainability.

About River Valley Palladium Project

Located 100 km east-northeast of Sudbury, the River Valley Project stands as one of North America’s largest undeveloped PGM ventures. With a supportive local community and a clear path toward environmental and economic feasibility studies, the project is poised for future success.

Concluding with high anticipation for enhanced metal recovery, the current findings at River Valley prompt a comprehensive follow-up study, marking a significant step toward realizing the project’s full potential.

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