# New Age Metals Initiates 2026 Platinum Group Metal Exploration At River Valley, Ontario Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/new-age-metals-initiates-2026-platinum-group-metal-exploration-at-river-valley-o--9e727441-8057-483b-955e-e34149a88c3e Original source: https://money.tmx.com/en/quote/NAM/news/7059920848498325/new-age-metals-initiates-2026-platinum-group-metal-exploration-at-river-valley-o Publisher: tmx Original announcement: 2026-02-04T12:15:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: New Age Metals Inc. - Ticker: NAM - Exchange: TSX - Region: Ontario - Primary commodity: Pgm - Secondary commodities: Copper, Nickel, Gold, Rhodium - Document categories: Resource update, Drill results - Extracted: 2026-08-21 02:42:37 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary New Age Metals Inc. has commenced a 2026 platinum group metal \(PGM\) exploration program at its River Valley Project in Ontario, focusing on a DasVision 3D Induced Polarization survey over the Mustang Zone. This program, the first systematic exploration in the area since 2002, aims to generate high-priority drill targets and support the expansion and upgrading of mineral resources. The initiative is bolstered by recent multi-year highs in platinum and copper prices, and strong rebounds in palladium and rhodium. Reasoning: New Age Metals is initiating a systematic 3D IP exploration program on the underexplored Mustang Zone at its River Valley PGM project, aiming to generate high-priority drill targets and expand/upgrade existing Inferred resources, supported by strong PGM and copper prices. While the resource is entirely Inferred and somewhat stale, the new exploration effort and advanced technology provide significant novelty and potential. - Positive factor: new\_exploration\_program - Positive factor: advanced\_geophysical\_survey - Positive factor: high\_metal\_prices - Positive factor: potential\_resource\_expansion - Negative factor: all\_inferred\_resource - Negative factor: stale\_resource\_estimate Low confidence — this extraction should be reviewed alongside the original source. - Rubric flag: M&I confidence tiers — The resource is 100% Inferred, which is below the 'weak' threshold of ≥1% M&I, indicating a red flag for resource confidence. Facts used in scoring: 33 ## Classification and evidence **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: The document presents the 'current \(2023\) Mineral Resource Estimates' for the Mustang Zone, indicating a revision or restatement of an existing resource. Evidence · text > The current \(2023\) Mineral Resource Estimates for the Mustang Zone are summarized in Table 2. **All Inferred** Polarity: negative Definition: 100% of resource is Inferred category — very early stage, no engineering confidence. Why it applies: All reported resource categories in Table 2 are classified as 'Inferred', indicating a low level of geological confidence. Evidence · table > Inferred Context: 30,889 **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: The Mineral Resources were estimated in accordance with CIM Standards, which is the basis for NI 43-101 compliance. Evidence · text > The Mineral Resources were estimated in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum \(CIM\), CIM Standards on Mineral Resources and Reserves, Definitions \(2014\) and Best Practices Guidelines \(2019\) prepared by the CIM Standing Committee on Reserve Definitions and adopted by the CIM Council. **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: Dr. William Stone, P.Geo. is named as an independent Qualified Person who reviewed and approved the scientific and technical data. Evidence · text > Dr. William Stone, P.Geo. \(PGO – 1569\) an independent Qualified Person for the purposes of National Instrument 43-101 Standards of Disclosure for Mineral Projects and a geoscience consultant to NAM, has reviewed and approved the scientific and technical data disclosure in this press release. **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: The resource estimate clearly states the cut-off grades used for both pit-constrained \(CDN$15/t NSR\) and out-of-pit \(CDN$50/t NSR\) resources. Evidence · text > Pit Constrained Mineral Resources @ CDN$15/t NSR Cut-off **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: The effective date of the Mineral Resource Estimate is June 29, 2023, while the announcement date is February 4, 2026, making the estimate over two years old. Evidence · text > June 29, 2023 Mineral Resource Estimate of RVM **Exploration Program** Polarity: neutral Story-specific tag Definition: No canonical definition is currently available. Why it applies: The document announces the commencement of a 2026 PGM exploration program, focusing on generating drill targets. Evidence · text > New Age Metals Initiates 2026 Platinum Group Metal Exploration At River Valley, Ontario **Advanced Geophysical Survey** Polarity: positive Story-specific tag Definition: No canonical definition is currently available. Why it applies: The company is utilizing a DasVision 3D Induced Polarization \(IP\) survey, described as a 'first-ever' and 'advanced geophysical services'. Evidence · text > The company is utilizing the first-ever DasVision 3D IP survey \(Figure 3\) on the property, marking the first systematic exploration work on the 4.5-kilometre-long Mustang Zone since 2002. **High Metal Prices** Polarity: positive Story-specific tag Definition: No canonical definition is currently available. Why it applies: The release explicitly states that platinum and copper prices are at recent multi-year highs, and palladium and rhodium are rebounding strongly, reinforcing the strategic value of PGM-Cu exploration. Evidence · text > Platinum and copper prices at recent multi-year highs , with palladium \(Figure 1\) and rhodium rebounding strongly from recent lows in early 2025, reinforcing the strategic value of PGM-Cu exploration **Joint Venture Strategy** Polarity: neutral Story-specific tag Definition: No canonical definition is currently available. Why it applies: NAM is advancing a joint venture strategy for the Mustang Zone to bring in a strategic PGM partner. Evidence · text > NAM is advancing a joint venture strategy for the 4.5 km Mustang Zone to bring in a strategic PGM partner while the Company prioritizes development of its core River Valley resource area ## Extracted facts Stored fact records: 33. Some facts used in scoring do not have a stored record. ## Resource Estimates (33) ### Fact 1 [Link to this fact](https://atlas-staging.minestarters.com/news/new-age-metals-initiates-2026-platinum-group-metal-exploration-at-river-valley-o--9e727441-8057-483b-955e-e34149a88c3e#fact-resource-facts-0) River Valley · pgm Historical result Needs review: historical\_restatement #### Identity - Project: River Valley - Commodity: pgm - Region: canada\_on - Reported Region: Ontario - Ticker: NAM #### Resource Data - Cutoff Grade: 0.2 #### Location - Loc. Confidence: low #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes #### Dates - Event date: 2026-02-04T00:00:00.000Z Reasoning: Historical PGM equivalent intercept over a moderate width, but without disclosed metal equivalent assumptions. - Positive factor: moderate\_width - Negative factor: metal\_equivalent\_assumptions\_undisclosed - Negative factor: historical\_data Evidence · table > 0.99 Context: 19.0 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/new-age-metals-initiates-2026-platinum-group-metal-exploration-at-river-valley-o--9e727441-8057-483b-955e-e34149a88c3e#fact-resource-facts-1) River Valley · palladium #### Identity - Project: River Valley - Commodity: palladium - Region: canada\_on - Reported Region: Ontario - Ticker: NAM #### Resource Data - Category: inferred - Tonnes: 30889000 - Grade: 0.27 - Grade Unit: g/t - Contained Metal: 266300 - Contained Unit: oz - Cutoff Grade: 15 #### Location - Loc. Confidence: low #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-04T00:00:00.000Z Reasoning: Inferred resource for palladium with moderate contained metal, but the entire resource is Inferred and the estimate is stale, indicating early stage. - Positive factor: contained\_metal\_growth\_potential - Negative factor: all\_inferred - Negative factor: low\_grade\_for\_pgm - Negative factor: stale\_estimate Evidence · table > 0.27 Context: 30,889 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/new-age-metals-initiates-2026-platinum-group-metal-exploration-at-river-valley-o--9e727441-8057-483b-955e-e34149a88c3e#fact-resource-facts-2) River Valley · platinum #### Identity - Project: River Valley - Commodity: platinum - Region: canada\_on - Reported Region: Ontario - Ticker: NAM #### Resource Data - Category: inferred - Tonnes: 30889000 - Grade: 0.17 - Grade Unit: g/t - Contained Metal: 166000 - Contained Unit: oz - Cutoff Grade: 15 #### Location - Loc. Confidence: low #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-04T00:00:00.000Z Reasoning: Inferred resource for platinum with moderate contained metal, but the entire resource is Inferred and the estimate is stale, indicating early stage. - Positive factor: contained\_metal\_growth\_potential - Negative factor: all\_inferred - Negative factor: low\_grade\_for\_pgm - Negative factor: stale\_estimate Evidence · table > 0.17 Context: 30,889 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/new-age-metals-initiates-2026-platinum-group-metal-exploration-at-river-valley-o--9e727441-8057-483b-955e-e34149a88c3e#fact-resource-facts-3) River Valley · gold #### Identity - Project: River Valley - Commodity: gold - Region: canada\_on - Reported Region: Ontario - Ticker: NAM #### Resource Data - Category: inferred - Tonnes: 30889000 - Grade: 0.04 - Grade Unit: g/t - Contained Metal: 36200 - Contained Unit: oz - Cutoff Grade: 15 #### Location - Loc. Confidence: low #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-04T00:00:00.000Z Reasoning: Inferred resource for gold with low contained metal and very low grade, and the entire resource is Inferred and the estimate is stale. - Negative factor: all\_inferred - Negative factor: very\_low\_grade - Negative factor: stale\_estimate Evidence · table > 0.04 Context: 30,889 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/new-age-metals-initiates-2026-platinum-group-metal-exploration-at-river-valley-o--9e727441-8057-483b-955e-e34149a88c3e#fact-resource-facts-4) River Valley · copper #### Identity - Project: River Valley - Commodity: copper - Region: canada\_on - Reported Region: Ontario - Ticker: NAM #### Resource Data - Category: inferred - Tonnes: 30889000 - Grade: 0.06 - Grade Unit: % - Contained Metal: 37600000 - Contained Unit: lb - Cutoff Grade: 15 #### Location - Loc. Confidence: low #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-04T00:00:00.000Z Reasoning: Inferred resource for copper with low contained metal and very low grade, and the entire resource is Inferred and the estimate is stale. - Negative factor: all\_inferred - Negative factor: very\_low\_grade - Negative factor: stale\_estimate Evidence · table > 0.06 Context: 30,889 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/new-age-metals-initiates-2026-platinum-group-metal-exploration-at-river-valley-o--9e727441-8057-483b-955e-e34149a88c3e#fact-resource-facts-5) River Valley · nickel #### Identity - Project: River Valley - Commodity: nickel - Region: canada\_on - Reported Region: Ontario - Ticker: NAM #### Resource Data - Category: inferred - Tonnes: 30889000 - Grade: 0.03 - Grade Unit: % - Contained Metal: 18000000 - Contained Unit: lb - Cutoff Grade: 15 #### Location - Loc. Confidence: low #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-04T00:00:00.000Z Reasoning: Inferred resource for nickel with low contained metal and very low grade, and the entire resource is Inferred and the estimate is stale. - Negative factor: all\_inferred - Negative factor: very\_low\_grade - Negative factor: stale\_estimate Evidence · table > 0.03 Context: 30,889 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/new-age-metals-initiates-2026-platinum-group-metal-exploration-at-river-valley-o--9e727441-8057-483b-955e-e34149a88c3e#fact-resource-facts-6) River Valley · rhodium #### Identity - Project: River Valley - Commodity: rhodium - Region: canada\_on - Reported Region: Ontario - Ticker: NAM #### Resource Data - Category: inferred - Tonnes: 30889000 - Grade: 0.015 - Grade Unit: g/t - Contained Metal: 15100 - Contained Unit: oz - Cutoff Grade: 15 #### Location - Loc. Confidence: low #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-04T00:00:00.000Z Reasoning: Inferred resource for rhodium with low contained metal and very low grade, and the entire resource is Inferred and the estimate is stale. - Negative factor: all\_inferred - Negative factor: very\_low\_grade - Negative factor: stale\_estimate Evidence · table > 0.015 Context: 30,889 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/new-age-metals-initiates-2026-platinum-group-metal-exploration-at-river-valley-o--9e727441-8057-483b-955e-e34149a88c3e#fact-resource-facts-7) River Valley · palladium #### Identity - Project: River Valley - Commodity: palladium - Region: canada\_on - Reported Region: Ontario - Ticker: NAM #### Resource Data - Category: inferred - Tonnes: 325600 - Grade: 0.69 - Grade Unit: g/t - Contained Metal: 7190 - Contained Unit: oz - Cutoff Grade: 50 #### Location - Loc. Confidence: low #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-04T00:00:00.000Z Reasoning: Inferred resource for palladium with low contained metal, but the entire resource is Inferred and the estimate is stale, indicating early stage. - Negative factor: all\_inferred - Negative factor: low\_contained\_metal - Negative factor: stale\_estimate Evidence · table > 0.69 Context: 325.6 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/new-age-metals-initiates-2026-platinum-group-metal-exploration-at-river-valley-o--9e727441-8057-483b-955e-e34149a88c3e#fact-resource-facts-8) River Valley · platinum #### Identity - Project: River Valley - Commodity: platinum - Region: canada\_on - Reported Region: Ontario - Ticker: NAM #### Resource Data - Category: inferred - Tonnes: 325600 - Grade: 0.53 - Grade Unit: g/t - Contained Metal: 5540 - Contained Unit: oz - Cutoff Grade: 50 #### Location - Loc. Confidence: low #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-04T00:00:00.000Z Reasoning: Inferred resource for platinum with low contained metal, but the entire resource is Inferred and the estimate is stale, indicating early stage. - Negative factor: all\_inferred - Negative factor: low\_contained\_metal - Negative factor: stale\_estimate Evidence · table > 0.53 Context: 325.6 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/new-age-metals-initiates-2026-platinum-group-metal-exploration-at-river-valley-o--9e727441-8057-483b-955e-e34149a88c3e#fact-resource-facts-9) River Valley · gold #### Identity - Project: River Valley - Commodity: gold - Region: canada\_on - Reported Region: Ontario - Ticker: NAM #### Resource Data - Category: inferred - Tonnes: 325600 - Grade: 0.05 - Grade Unit: g/t - Contained Metal: 540 - Contained Unit: oz - Cutoff Grade: 50 #### Location - Loc. Confidence: low #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-04T00:00:00.000Z Reasoning: Inferred resource for gold with very low contained metal and very low grade, and the entire resource is Inferred and the estimate is stale. - Negative factor: all\_inferred - Negative factor: very\_low\_grade - Negative factor: low\_contained\_metal - Negative factor: stale\_estimate Evidence · table > 0.05 Context: 325.6 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/new-age-metals-initiates-2026-platinum-group-metal-exploration-at-river-valley-o--9e727441-8057-483b-955e-e34149a88c3e#fact-resource-facts-10) River Valley · copper #### Identity - Project: River Valley - Commodity: copper - Region: canada\_on - Reported Region: Ontario - Ticker: NAM #### Resource Data - Category: inferred - Tonnes: 325600 - Grade: 0.06 - Grade Unit: % - Contained Metal: 420000 - Contained Unit: lb - Cutoff Grade: 50 #### Location - Loc. Confidence: low #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-04T00:00:00.000Z Reasoning: Inferred resource for copper with very low contained metal and very low grade, and the entire resource is Inferred and the estimate is stale. - Negative factor: all\_inferred - Negative factor: very\_low\_grade - Negative factor: low\_contained\_metal - Negative factor: stale\_estimate Evidence · table > 0.06 Context: 325.6 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/new-age-metals-initiates-2026-platinum-group-metal-exploration-at-river-valley-o--9e727441-8057-483b-955e-e34149a88c3e#fact-resource-facts-11) River Valley · nickel #### Identity - Project: River Valley - Commodity: nickel - Region: canada\_on - Reported Region: Ontario - Ticker: NAM #### Resource Data - Category: inferred - Tonnes: 325600 - Grade: 0.02 - Grade Unit: % - Contained Metal: 150000 - Contained Unit: lb - Cutoff Grade: 50 #### Location - Loc. Confidence: low #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-04T00:00:00.000Z Reasoning: Inferred resource for nickel with very low contained metal and very low grade, and the entire resource is Inferred and the estimate is stale. - Negative factor: all\_inferred - Negative factor: very\_low\_grade - Negative factor: low\_contained\_metal - Negative factor: stale\_estimate Evidence · table > 0.02 Context: 325.6 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/new-age-metals-initiates-2026-platinum-group-metal-exploration-at-river-valley-o--9e727441-8057-483b-955e-e34149a88c3e#fact-resource-facts-12) River Valley · palladium #### Identity - Project: River Valley - Commodity: palladium - Region: canada\_on - Reported Region: Ontario - Ticker: NAM #### Resource Data - Category: inferred - Tonnes: 31215000 - Grade: 0.27 - Grade Unit: g/t - Contained Metal: 273490 - Contained Unit: oz - Cutoff Grade: 15 #### Location - Loc. Confidence: low #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-04T00:00:00.000Z Reasoning: Inferred resource for palladium with moderate contained metal, but the entire resource is Inferred and the estimate is stale, indicating early stage. - Positive factor: contained\_metal\_growth\_potential - Negative factor: all\_inferred - Negative factor: low\_grade\_for\_pgm - Negative factor: stale\_estimate Evidence · table > 0.27 Context: 31,215 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/new-age-metals-initiates-2026-platinum-group-metal-exploration-at-river-valley-o--9e727441-8057-483b-955e-e34149a88c3e#fact-resource-facts-13) River Valley · platinum #### Identity - Project: River Valley - Commodity: platinum - Region: canada\_on - Reported Region: Ontario - Ticker: NAM #### Resource Data - Category: inferred - Tonnes: 31215000 - Grade: 0.17 - Grade Unit: g/t - Contained Metal: 171540 - Contained Unit: oz - Cutoff Grade: 15 #### Location - Loc. Confidence: low #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-04T00:00:00.000Z Reasoning: Inferred resource for platinum with moderate contained metal, but the entire resource is Inferred and the estimate is stale, indicating early stage. - Positive factor: contained\_metal\_growth\_potential - Negative factor: all\_inferred - Negative factor: low\_grade\_for\_pgm - Negative factor: stale\_estimate Evidence · table > 0.17 Context: 31,215 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/new-age-metals-initiates-2026-platinum-group-metal-exploration-at-river-valley-o--9e727441-8057-483b-955e-e34149a88c3e#fact-resource-facts-14) River Valley · gold #### Identity - Project: River Valley - Commodity: gold - Region: canada\_on - Reported Region: Ontario - Ticker: NAM #### Resource Data - Category: inferred - Tonnes: 31215000 - Grade: 0.04 - Grade Unit: g/t - Contained Metal: 36740 - Contained Unit: oz - Cutoff Grade: 15 #### Location - Loc. Confidence: low #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-04T00:00:00.000Z Reasoning: Inferred resource for gold with low contained metal and very low grade, and the entire resource is Inferred and the estimate is stale. - Negative factor: all\_inferred - Negative factor: very\_low\_grade - Negative factor: stale\_estimate Evidence · table > 0.04 Context: 31,215 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/new-age-metals-initiates-2026-platinum-group-metal-exploration-at-river-valley-o--9e727441-8057-483b-955e-e34149a88c3e#fact-resource-facts-15) River Valley · copper #### Identity - Project: River Valley - Commodity: copper - Region: canada\_on - Reported Region: Ontario - Ticker: NAM #### Resource Data - Category: inferred - Tonnes: 31215000 - Grade: 0.06 - Grade Unit: % - Contained Metal: 38020000 - Contained Unit: lb - Cutoff Grade: 15 #### Location - Loc. Confidence: low #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-04T00:00:00.000Z Reasoning: Inferred resource for copper with low contained metal and very low grade, and the entire resource is Inferred and the estimate is stale. - Negative factor: all\_inferred - Negative factor: very\_low\_grade - Negative factor: stale\_estimate Evidence · table > 0.06 Context: 31,215 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/new-age-metals-initiates-2026-platinum-group-metal-exploration-at-river-valley-o--9e727441-8057-483b-955e-e34149a88c3e#fact-resource-facts-16) River Valley · nickel #### Identity - Project: River Valley - Commodity: nickel - Region: canada\_on - Reported Region: Ontario - Ticker: NAM #### Resource Data - Category: inferred - Tonnes: 31215000 - Grade: 0.03 - Grade Unit: % - Contained Metal: 18150000 - Contained Unit: lb - Cutoff Grade: 15 #### Location - Loc. Confidence: low #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-04T00:00:00.000Z Reasoning: Inferred resource for nickel with low contained metal and very low grade, and the entire resource is Inferred and the estimate is stale. - Negative factor: all\_inferred - Negative factor: very\_low\_grade - Negative factor: stale\_estimate Evidence · table > 0.03 Context: 31,215 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/new-age-metals-initiates-2026-platinum-group-metal-exploration-at-river-valley-o--9e727441-8057-483b-955e-e34149a88c3e#fact-resource-facts-17) River Valley · rhodium #### Identity - Project: River Valley - Commodity: rhodium - Region: canada\_on - Reported Region: Ontario - Ticker: NAM #### Resource Data - Category: inferred - Tonnes: 31215000 - Grade: 0.015 - Grade Unit: g/t - Contained Metal: 15100 - Contained Unit: oz - Cutoff Grade: 15 #### Location - Loc. Confidence: low #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-04T00:00:00.000Z Reasoning: Inferred resource for rhodium with low contained metal and very low grade, and the entire resource is Inferred and the estimate is stale. - Negative factor: all\_inferred - Negative factor: very\_low\_grade - Negative factor: stale\_estimate Evidence · table > 0.015 Context: 31,215 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/new-age-metals-initiates-2026-platinum-group-metal-exploration-at-river-valley-o--9e727441-8057-483b-955e-e34149a88c3e#fact-resource-facts-18) palladium #### Identity - Commodity: palladium - Ticker: NAM #### Resource Data - Category: inferred - Tonnes: 30889 - Grade: 0.27 - Grade Unit: g/t - Contained Metal: 266.3 - Contained Unit: koz #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-04T00:00:00.000Z Reasoning: Inferred resource for palladium with moderate contained metal, but the entire resource is Inferred and the estimate is stale, indicating early stage. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: contained\_metal\_growth\_potential - Negative factor: all\_inferred - Negative factor: low\_grade\_for\_pgm - Negative factor: stale\_estimate Evidence · table > 0.27 Context: 30,889 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/new-age-metals-initiates-2026-platinum-group-metal-exploration-at-river-valley-o--9e727441-8057-483b-955e-e34149a88c3e#fact-resource-facts-19) platinum #### Identity - Commodity: platinum - Ticker: NAM #### Resource Data - Category: inferred - Tonnes: 30889 - Grade: 0.17 - Grade Unit: g/t - Contained Metal: 166 - Contained Unit: koz #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-04T00:00:00.000Z Reasoning: Inferred resource for palladium with moderate contained metal, but the entire resource is Inferred and the estimate is stale, indicating early stage. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: contained\_metal\_growth\_potential - Negative factor: all\_inferred - Negative factor: low\_grade\_for\_pgm - Negative factor: stale\_estimate Evidence · table > 0.17 Context: 30,889 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/new-age-metals-initiates-2026-platinum-group-metal-exploration-at-river-valley-o--9e727441-8057-483b-955e-e34149a88c3e#fact-resource-facts-20) gold #### Identity - Commodity: gold - Ticker: NAM #### Resource Data - Category: inferred - Tonnes: 30889 - Grade: 0.04 - Grade Unit: g/t - Contained Metal: 36.2 - Contained Unit: koz #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-04T00:00:00.000Z Reasoning: Inferred resource for palladium with moderate contained metal, but the entire resource is Inferred and the estimate is stale, indicating early stage. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: contained\_metal\_growth\_potential - Negative factor: all\_inferred - Negative factor: low\_grade\_for\_pgm - Negative factor: stale\_estimate Evidence · table > 0.04 Context: 30,889 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/new-age-metals-initiates-2026-platinum-group-metal-exploration-at-river-valley-o--9e727441-8057-483b-955e-e34149a88c3e#fact-resource-facts-21) copper #### Identity - Commodity: copper - Ticker: NAM #### Resource Data - Category: inferred - Tonnes: 30889 - Grade: 0.06 - Grade Unit: % - Contained Metal: 37.6 - Contained Unit: mlb #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-04T00:00:00.000Z Reasoning: Inferred resource for palladium with moderate contained metal, but the entire resource is Inferred and the estimate is stale, indicating early stage. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: contained\_metal\_growth\_potential - Negative factor: all\_inferred - Negative factor: low\_grade\_for\_pgm - Negative factor: stale\_estimate Evidence · table > 0.06 Context: 30,889 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/new-age-metals-initiates-2026-platinum-group-metal-exploration-at-river-valley-o--9e727441-8057-483b-955e-e34149a88c3e#fact-resource-facts-22) nickel #### Identity - Commodity: nickel - Ticker: NAM #### Resource Data - Category: inferred - Tonnes: 30889 - Grade: 0.03 - Grade Unit: % - Contained Metal: 18 - Contained Unit: mlb #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-04T00:00:00.000Z Reasoning: Inferred resource for palladium with moderate contained metal, but the entire resource is Inferred and the estimate is stale, indicating early stage. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: contained\_metal\_growth\_potential - Negative factor: all\_inferred - Negative factor: low\_grade\_for\_pgm - Negative factor: stale\_estimate Evidence · table > 0.03 Context: 30,889 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/new-age-metals-initiates-2026-platinum-group-metal-exploration-at-river-valley-o--9e727441-8057-483b-955e-e34149a88c3e#fact-resource-facts-23) palladium #### Identity - Commodity: palladium - Ticker: NAM #### Resource Data - Category: inferred - Tonnes: 325.6 - Grade: 0.69 - Grade Unit: g/t - Contained Metal: 7.19 - Contained Unit: koz #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-04T00:00:00.000Z Reasoning: Inferred resource for palladium with moderate contained metal, but the entire resource is Inferred and the estimate is stale, indicating early stage. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: contained\_metal\_growth\_potential - Negative factor: all\_inferred - Negative factor: low\_grade\_for\_pgm - Negative factor: stale\_estimate Evidence · table > 0.69 Context: 325.6 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/new-age-metals-initiates-2026-platinum-group-metal-exploration-at-river-valley-o--9e727441-8057-483b-955e-e34149a88c3e#fact-resource-facts-24) platinum #### Identity - Commodity: platinum - Ticker: NAM #### Resource Data - Category: inferred - Tonnes: 325.6 - Grade: 0.53 - Grade Unit: g/t - Contained Metal: 5.54 - Contained Unit: koz #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-04T00:00:00.000Z Reasoning: Inferred resource for palladium with moderate contained metal, but the entire resource is Inferred and the estimate is stale, indicating early stage. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: contained\_metal\_growth\_potential - Negative factor: all\_inferred - Negative factor: low\_grade\_for\_pgm - Negative factor: stale\_estimate Evidence · table > 0.53 Context: 325.6 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/new-age-metals-initiates-2026-platinum-group-metal-exploration-at-river-valley-o--9e727441-8057-483b-955e-e34149a88c3e#fact-resource-facts-25) gold #### Identity - Commodity: gold - Ticker: NAM #### Resource Data - Category: inferred - Tonnes: 325.6 - Grade: 0.05 - Grade Unit: g/t - Contained Metal: 0.54 - Contained Unit: koz #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-04T00:00:00.000Z Reasoning: Inferred resource for palladium with moderate contained metal, but the entire resource is Inferred and the estimate is stale, indicating early stage. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: contained\_metal\_growth\_potential - Negative factor: all\_inferred - Negative factor: low\_grade\_for\_pgm - Negative factor: stale\_estimate Evidence · table > 0.05 Context: 325.6 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/new-age-metals-initiates-2026-platinum-group-metal-exploration-at-river-valley-o--9e727441-8057-483b-955e-e34149a88c3e#fact-resource-facts-26) copper #### Identity - Commodity: copper - Ticker: NAM #### Resource Data - Category: inferred - Tonnes: 325.6 - Grade: 0.06 - Grade Unit: % - Contained Metal: 0.42 - Contained Unit: mlb #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-04T00:00:00.000Z Reasoning: Inferred resource for palladium with moderate contained metal, but the entire resource is Inferred and the estimate is stale, indicating early stage. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: contained\_metal\_growth\_potential - Negative factor: all\_inferred - Negative factor: low\_grade\_for\_pgm - Negative factor: stale\_estimate Evidence · table > 0.06 Context: 325.6 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/new-age-metals-initiates-2026-platinum-group-metal-exploration-at-river-valley-o--9e727441-8057-483b-955e-e34149a88c3e#fact-resource-facts-27) nickel #### Identity - Commodity: nickel - Ticker: NAM #### Resource Data - Category: inferred - Tonnes: 325.6 - Grade: 0.02 - Grade Unit: % - Contained Metal: 0.15 - Contained Unit: mlb #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-04T00:00:00.000Z Reasoning: Inferred resource for palladium with moderate contained metal, but the entire resource is Inferred and the estimate is stale, indicating early stage. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: contained\_metal\_growth\_potential - Negative factor: all\_inferred - Negative factor: low\_grade\_for\_pgm - Negative factor: stale\_estimate Evidence · table > 0.02 Context: 325.6 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/new-age-metals-initiates-2026-platinum-group-metal-exploration-at-river-valley-o--9e727441-8057-483b-955e-e34149a88c3e#fact-resource-facts-28) palladium #### Identity - Commodity: palladium - Ticker: NAM #### Resource Data - Category: inferred - Tonnes: 31215 - Grade: 0.27 - Grade Unit: g/t - Contained Metal: 273.49 - Contained Unit: koz #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-04T00:00:00.000Z Reasoning: Inferred resource for palladium with moderate contained metal, but the entire resource is Inferred and the estimate is stale, indicating early stage. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: contained\_metal\_growth\_potential - Negative factor: all\_inferred - Negative factor: low\_grade\_for\_pgm - Negative factor: stale\_estimate Evidence · table > 0.27 Context: 31,215 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/new-age-metals-initiates-2026-platinum-group-metal-exploration-at-river-valley-o--9e727441-8057-483b-955e-e34149a88c3e#fact-resource-facts-29) platinum #### Identity - Commodity: platinum - Ticker: NAM #### Resource Data - Category: inferred - Tonnes: 31215 - Grade: 0.17 - Grade Unit: g/t - Contained Metal: 171.54 - Contained Unit: koz #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-04T00:00:00.000Z Reasoning: Inferred resource for palladium with moderate contained metal, but the entire resource is Inferred and the estimate is stale, indicating early stage. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: contained\_metal\_growth\_potential - Negative factor: all\_inferred - Negative factor: low\_grade\_for\_pgm - Negative factor: stale\_estimate Evidence · table > 0.17 Context: 31,215 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/new-age-metals-initiates-2026-platinum-group-metal-exploration-at-river-valley-o--9e727441-8057-483b-955e-e34149a88c3e#fact-resource-facts-30) gold #### Identity - Commodity: gold - Ticker: NAM #### Resource Data - Category: inferred - Tonnes: 31215 - Grade: 0.04 - Grade Unit: g/t - Contained Metal: 36.74 - Contained Unit: koz #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-04T00:00:00.000Z Reasoning: Inferred resource for palladium with moderate contained metal, but the entire resource is Inferred and the estimate is stale, indicating early stage. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: contained\_metal\_growth\_potential - Negative factor: all\_inferred - Negative factor: low\_grade\_for\_pgm - Negative factor: stale\_estimate Evidence · table > 0.04 Context: 31,215 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/new-age-metals-initiates-2026-platinum-group-metal-exploration-at-river-valley-o--9e727441-8057-483b-955e-e34149a88c3e#fact-resource-facts-31) copper #### Identity - Commodity: copper - Ticker: NAM #### Resource Data - Category: inferred - Tonnes: 31215 - Grade: 0.06 - Grade Unit: % - Contained Metal: 38.02 - Contained Unit: mlb #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-04T00:00:00.000Z Reasoning: Inferred resource for palladium with moderate contained metal, but the entire resource is Inferred and the estimate is stale, indicating early stage. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: contained\_metal\_growth\_potential - Negative factor: all\_inferred - Negative factor: low\_grade\_for\_pgm - Negative factor: stale\_estimate Evidence · table > 0.06 Context: 31,215 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/new-age-metals-initiates-2026-platinum-group-metal-exploration-at-river-valley-o--9e727441-8057-483b-955e-e34149a88c3e#fact-resource-facts-32) nickel #### Identity - Commodity: nickel - Ticker: NAM #### Resource Data - Category: inferred - Tonnes: 31215 - Grade: 0.03 - Grade Unit: % - Contained Metal: 18.15 - Contained Unit: mlb #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-04T00:00:00.000Z Reasoning: Inferred resource for palladium with moderate contained metal, but the entire resource is Inferred and the estimate is stale, indicating early stage. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: contained\_metal\_growth\_potential - Negative factor: all\_inferred - Negative factor: low\_grade\_for\_pgm - Negative factor: stale\_estimate Evidence · table > 0.03 Context: 31,215 ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.