NEW AGE METALS REPORTS GOLD VALUES UP TO 4.77 G/T FROM ONGOING PROSPECTING AT THE BONANZA RIDGE GOLD AND CRITICAL METALS PROJECT, KENORA MINING DISTRICT, NORTHWESTERN ONTARIO

Original announcement by prospectors_exchange on

Company
New Age Metals Inc.
Ticker
NAM
Exchange
Unavailable
Region
Northwestern Ontario
Primary commodity
Gold
Secondary commodities
Copper, Silver
Document categories
Drill results, Other
Extracted
2026-09-29 19:03:15 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

New Age Metals has reported gold values up to 4.77 g/t from surface grab sampling at the Bonanza Ridge Project in Ontario. The sampling identified a new sub-parallel structure north of the Blue Star showing, with additional anomalous copper and silver values also noted.

Reasoning: The release reports encouraging gold, copper, and silver values from surface grab sampling on a previously unrecognized structure, though the selective nature of grab sampling limits geological certainty.

Positive factors

  • Identification of a new sub-parallel structure north of Blue Star
  • Gold grades up to 4.77 g/t in quartz-veined mafic volcanics
  • Anomalous copper and silver values reported
  • QA/QC protocols and certified laboratory (Actlabs) disclosed

Negative factors

  • Grab samples are selective and not necessarily representative

Facts used in scoring: 5

Classification and evidence

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release mentions use of Oreas certified reference material standards, blanks, and ISO 17025 certified laboratory (Actlabs).

Evidence · text

“Commercially prepared Oreas certified reference material standards and generic blank material were inserted as part of the QA/QC program.”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: Sampling identified a new sub-parallel structure north of the historic Blue Star showing.

Evidence · text

“identified gold values up to 4.77 g/t on a previously unrecognized sub-parallel structure north of Blue Star”

Extracted facts

Stored fact records: 5. Some facts used in scoring do not have a stored record.

Drill Results (5)

Fact 1Bonanza Ridge Gold and Critical Metals Project · goldGrade: 4.77Grade Unit: g/tView all details
Link to this fact

Identity

Project
Bonanza Ridge Gold and Critical Metals Project
Commodity
gold
Region
canada_on
Reported Region
Northwestern Ontario
Ticker
NAM

Geometry

Grade
4.77
Grade Unit
g/t

Classification

Sample Type
surface

Location

Location
North Blue Star Vein
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd.
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-25T00:00:00.000Z

Reasoning: 4.77 g/t Au is a strong result for surface prospecting on a new structure.

Positive factors

  • High grade for surface prospecting

Negative factors

  • Grab samples are selective

Evidence · text

“a high of 4.777 g/t Au in quartz-veined mafic volcanics”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 2Bonanza Ridge Gold and Critical Metals Project · goldGrade: 4.68Grade Unit: g/tView all details
Link to this fact

Identity

Project
Bonanza Ridge Gold and Critical Metals Project
Commodity
gold
Region
canada_on
Reported Region
Northwestern Ontario
Ticker
NAM

Geometry

Grade
4.68
Grade Unit
g/t

Classification

Sample Type
surface

Location

Location
North Blue Star Vein
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd.
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-25T00:00:00.000Z

Reasoning: 4.68 g/t Au is a strong result for surface prospecting.

Positive factors

  • Strong gold grade

Negative factors

  • Grab samples are selective

Evidence · text

“returned gold values of 4.77 g/t, 4.68 g/t, and 1.05 g/t Au”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 3Bonanza Ridge Gold and Critical Metals Project · goldGrade: 1.05Grade Unit: g/tView all details
Link to this fact

Identity

Project
Bonanza Ridge Gold and Critical Metals Project
Commodity
gold
Region
canada_on
Reported Region
Northwestern Ontario
Ticker
NAM

Geometry

Grade
1.05
Grade Unit
g/t

Classification

Sample Type
surface

Location

Location
North Blue Star Vein
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd.
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-25T00:00:00.000Z

Reasoning: 1.05 g/t Au is a modest result for surface prospecting.

Positive factors

  • Above 1 g/t threshold

Negative factors

  • Grab samples are selective

Evidence · text

“returned gold values of 4.77 g/t, 4.68 g/t, and 1.05 g/t Au”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 4Bonanza Ridge Gold and Critical Metals Project · copperGrade: 3230Grade Unit: ppmView all details
Link to this fact

Identity

Project
Bonanza Ridge Gold and Critical Metals Project
Commodity
copper
Region
canada_on
Reported Region
Northwestern Ontario
Ticker
NAM

Geometry

Grade
3230
Grade Unit
ppm

Classification

Sample Type
surface

QA/QC

Laboratory
Activation Laboratories Ltd.
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-25T00:00:00.000Z

Reasoning: 3,230 ppm Cu is an anomalous value for surface prospecting.

Positive factors

  • Anomalous copper values

Negative factors

  • Grab samples are selective

Evidence · text

“Elevated copper values reached 3,230 ppm Cu”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 5Bonanza Ridge Gold and Critical Metals Project · silverGrade: 14.9Grade Unit: g/tView all details
Link to this fact

Identity

Project
Bonanza Ridge Gold and Critical Metals Project
Commodity
silver
Region
canada_on
Reported Region
Northwestern Ontario
Ticker
NAM

Geometry

Grade
14.9
Grade Unit
g/t

Classification

Sample Type
surface

QA/QC

Laboratory
Activation Laboratories Ltd.
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-25T00:00:00.000Z

Reasoning: 14.9 g/t Ag is an anomalous value for surface prospecting.

Positive factors

  • Anomalous silver values

Negative factors

  • Grab samples are selective

Evidence · text

“silver reached 14.9 g/t Ag”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

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.