# New Age Metals Launches Next Phase of PLATSOL\(TM\) Metallurgical Optimization Testwork at the River Valley Platinum Group Metals Project, Ontario

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/new-age-metals-launches-next-phase-of-platsol-tm-metallurgical-optimization-test--d38e6fc0-996b-4bfd-9592-f54e8df2cd13

Original source: https://money.tmx.com/en/quote/NAM/news/4978553508601210/new-age-metals-launches-next-phase-of-platsol-tm-metallurgical-optimization-test

Publisher: tmx

Original announcement: 2026-05-20T11:15:00.000Z

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: Palladium

- Secondary commodities: Platinum, Gold, Silver, Copper, Nickel, Cobalt

- Document categories: Metallurgy

- Extracted: 2026-08-20 22:54:01 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

New Age Metals is launching the next phase of PLATSOL metallurgical optimization testwork at its River Valley Palladium Project in Ontario. The program, conducted by SGS Canada, will focus on optimizing process conditions, flotation concentrate production, and downstream PGM recovery.

Reasoning: The company is advancing a metallurgical optimization program \(PLATSOL\) following successful proof-of-concept results. While the news is positive for project de-risking, the actual results of this specific phase are not yet contained in the document.

- Positive factor: Advancing to second phase of optimization

- Positive factor: Strong proof-of-concept results previously reported

- Positive factor: Use of established SGS facility

- Negative factor: Results are not yet available \(program is upcoming\)

Facts used in scoring: 10

## Classification and evidence

**Mill Route**

Polarity: neutral

Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\).

Why it applies: The program involves flotation concentrate production and pressure oxidation \(autoclave\) testing.

Evidence · text

> producing flotation concentrates for PLATSOL™ testing

**POX/BIOX Route**

Polarity: neutral

Definition: Pressure or bio-oxidation for refractory ore — high CAPEX and OPEX.

Why it applies: The PLATSOL process is described as a high-temperature, pressure acid leaching hydrometallurgical process.

Evidence · text

> high-temperature, pressure acid leaching hydrometallurgical process

## Extracted facts

Stored fact records: 10. Some facts used in scoring do not have a stored record.

## Metallurgical Results (10)

### Fact 1

[Link to this fact](https://atlas-staging.minestarters.com/news/new-age-metals-launches-next-phase-of-platsol-tm-metallurgical-optimization-test--d38e6fc0-996b-4bfd-9592-f54e8df2cd13#fact-metallurgical-facts-0)

palladium

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: palladium
- Ticker: NAM

#### Test Work

- Sample: Dana Zone rougher flotation concentrate \(proof-of-concept\)

#### Recovery

- Recovery: 93 %

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2024-02-29T00:00:00.000Z

#### Dates

- Event date: 2026-05-20T00:00:00.000Z

Reasoning: 93% palladium recovery is exceptional for a proof-of-concept stage.

- Positive factor: High recovery

Evidence · text

> best observed final extractions of 93% palladium

### Fact 2

[Link to this fact](https://atlas-staging.minestarters.com/news/new-age-metals-launches-next-phase-of-platsol-tm-metallurgical-optimization-test--d38e6fc0-996b-4bfd-9592-f54e8df2cd13#fact-metallurgical-facts-1)

platinum

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: platinum
- Ticker: NAM

#### Test Work

- Sample: Dana Zone rougher flotation concentrate \(proof-of-concept\)

#### Recovery

- Recovery: 88 %

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2024-02-29T00:00:00.000Z

#### Dates

- Event date: 2026-05-20T00:00:00.000Z

Reasoning: 88% platinum recovery is strong.

- Positive factor: Strong recovery

Evidence · text

> 88% platinum

### Fact 3

[Link to this fact](https://atlas-staging.minestarters.com/news/new-age-metals-launches-next-phase-of-platsol-tm-metallurgical-optimization-test--d38e6fc0-996b-4bfd-9592-f54e8df2cd13#fact-metallurgical-facts-2)

gold

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: gold
- Ticker: NAM

#### Test Work

- Sample: Dana Zone rougher flotation concentrate \(proof-of-concept\)

#### Recovery

- Recovery: 98 %

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2024-02-29T00:00:00.000Z

#### Dates

- Event date: 2026-05-20T00:00:00.000Z

Reasoning: 98% gold recovery is exceptional.

- Positive factor: Very high recovery

Evidence · text

> 98% gold

### Fact 4

[Link to this fact](https://atlas-staging.minestarters.com/news/new-age-metals-launches-next-phase-of-platsol-tm-metallurgical-optimization-test--d38e6fc0-996b-4bfd-9592-f54e8df2cd13#fact-metallurgical-facts-3)

copper

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: copper
- Ticker: NAM

#### Test Work

- Sample: Dana Zone rougher flotation concentrate \(proof-of-concept\)

#### Recovery

- Recovery: 99 %

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2024-02-29T00:00:00.000Z

#### Dates

- Event date: 2026-05-20T00:00:00.000Z

Reasoning: 99% copper recovery is exceptional.

- Positive factor: Very high recovery

Evidence · text

> 99% copper

### Fact 5

[Link to this fact](https://atlas-staging.minestarters.com/news/new-age-metals-launches-next-phase-of-platsol-tm-metallurgical-optimization-test--d38e6fc0-996b-4bfd-9592-f54e8df2cd13#fact-metallurgical-facts-4)

nickel

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: nickel
- Ticker: NAM

#### Test Work

- Sample: Dana Zone rougher flotation concentrate \(proof-of-concept\)

#### Recovery

- Recovery: 98 %

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2024-02-29T00:00:00.000Z

#### Dates

- Event date: 2026-05-20T00:00:00.000Z

Reasoning: 98% nickel recovery is exceptional.

- Positive factor: Very high recovery

Evidence · text

> 98% nickel for Dana

### Fact 6

[Link to this fact](https://atlas-staging.minestarters.com/news/new-age-metals-launches-next-phase-of-platsol-tm-metallurgical-optimization-test--d38e6fc0-996b-4bfd-9592-f54e8df2cd13#fact-metallurgical-facts-5)

palladium

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: palladium
- Ticker: NAM

#### Test Work

- Sample: Lismer Zone rougher flotation concentrate \(proof-of-concept\)

#### Recovery

- Recovery: 93 %

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2024-02-29T00:00:00.000Z

#### Dates

- Event date: 2026-05-20T00:00:00.000Z

Reasoning: 93% palladium recovery is exceptional.

- Positive factor: High recovery

Evidence · text

> 93% palladium

### Fact 7

[Link to this fact](https://atlas-staging.minestarters.com/news/new-age-metals-launches-next-phase-of-platsol-tm-metallurgical-optimization-test--d38e6fc0-996b-4bfd-9592-f54e8df2cd13#fact-metallurgical-facts-6)

platinum

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: platinum
- Ticker: NAM

#### Test Work

- Sample: Lismer Zone rougher flotation concentrate \(proof-of-concept\)

#### Recovery

- Recovery: 85 %

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2024-02-29T00:00:00.000Z

#### Dates

- Event date: 2026-05-20T00:00:00.000Z

Reasoning: 85% platinum recovery is strong.

- Positive factor: Strong recovery

Evidence · text

> 85% platinum

### Fact 8

[Link to this fact](https://atlas-staging.minestarters.com/news/new-age-metals-launches-next-phase-of-platsol-tm-metallurgical-optimization-test--d38e6fc0-996b-4bfd-9592-f54e8df2cd13#fact-metallurgical-facts-7)

gold

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: gold
- Ticker: NAM

#### Test Work

- Sample: Lismer Zone rougher flotation concentrate \(proof-of-concept\)

#### Recovery

- Recovery: 98 %

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2024-02-29T00:00:00.000Z

#### Dates

- Event date: 2026-05-20T00:00:00.000Z

Reasoning: 98% gold recovery is exceptional.

- Positive factor: Very high recovery

Evidence · text

> 98% gold

### Fact 9

[Link to this fact](https://atlas-staging.minestarters.com/news/new-age-metals-launches-next-phase-of-platsol-tm-metallurgical-optimization-test--d38e6fc0-996b-4bfd-9592-f54e8df2cd13#fact-metallurgical-facts-8)

copper

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: copper
- Ticker: NAM

#### Test Work

- Sample: Lismer Zone rougher flotation concentrate \(proof-of-concept\)

#### Recovery

- Recovery: 100 %

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2024-02-29T00:00:00.000Z

#### Dates

- Event date: 2026-05-20T00:00:00.000Z

Reasoning: 100% copper recovery is exceptional.

- Positive factor: Perfect recovery

Evidence · text

> 100% copper

### Fact 10

[Link to this fact](https://atlas-staging.minestarters.com/news/new-age-metals-launches-next-phase-of-platsol-tm-metallurgical-optimization-test--d38e6fc0-996b-4bfd-9592-f54e8df2cd13#fact-metallurgical-facts-9)

nickel

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: nickel
- Ticker: NAM

#### Test Work

- Sample: Lismer Zone rougher flotation concentrate \(proof-of-concept\)

#### Recovery

- Recovery: 98 %

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2024-02-29T00:00:00.000Z

#### Dates

- Event date: 2026-05-20T00:00:00.000Z

Reasoning: 98% nickel recovery is exceptional.

- Positive factor: Very high recovery

Evidence · text

> 98% nickel for Lismer

## 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.
