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New Age Metals Updates on 2025 Field Program at Genesis PGM-Cu-Ni Project in Alaska

Rockport, Ontario — September 9, 2025 — Leads & Copy — New Age Metals Inc. has provided an update on its 2025 field program at the 100%-owned Genesis PGM-Cu-Ni Project in southeast Alaska. The project is road-accessible, located approximately 65 km south of Glennallen and ~265 km east of Anchorage, and situated within 3 km of the Richardson Highway and a high-capacity power line.

Highlights of the Genesis project include:

  • The Genesis PGM-Cu-Ni Project is 100% owned by New Age Metals.
  • The Company is actively seeking an option/joint venture partner for its road-accessible Genesis PGE-Cu-Ni Project in Alaska.
  • The project is located within 3 km of the all-season paved Richardson highway and a high-capacity electric power line.
  • The Genesis property comprises 4,144 hectares of State of Alaska mining claims.
  • Two separate settings of magmatic reef-style mineralization occur: chromate-hosted Platinum Group Metals (PGM) and nickel-copper (Ni-Cu)-bearing sulphide mineralization.
  • Reef-style cumulate mineralization is open to the west, east, north and at depth.
  • Reef-style mineralization has been identified in outcrop for 2,000 metres along strike, with a 40-metre true thickness.
  • The 2025 Program focused on the Sheep Hill area of the Project, and approximately 134 rock samples were sent to the ALS lab in Reno, Nevada.
  • Known mineralization covers a distance of 9 km across the prospect. The target areas have never been drilled.

Highlights of the Genesis project 2025 Exploration Program include:

  • The 2025 Sheep Hill program has been completed. Detailed mapping and prospecting focused on the western half of Sheep Hill were carried out at 1:1,000 scale; 134 rock samples were collected during July 15–19, 2025. After QA/QC additions (blanks and standards), 163 samples were shipped to ALS in Reno. Assays are pending.
  • Access verified and improved logistics. The team mobilized from Anchorage to the base camp at Tonsina River Lodge and confirmed ~11 miles of ATV trail access to the Sheep Hill work area, including a safe Bernard Creek crossing. Travel time to the trailhead was refined to ~1 hour each way as routes were flagged. The program was completed within budget.
  • Genesis remains a 100% NAM-owned PGM-Cu-Ni project; two magmatic mineralization settings are present at surface; (i) chromite-hosted PGM and (ii) Ni-Cu sulphide. Reef-style mineralization is mapped in outcrop for ~2.0 km with~40 m true thickness; PGM mineralization spans ~9 kmacross the prospect; no drilling has yet tested these targets.

The Company engaged Alaska Earth Sciences (AES) to execute a six-day, four-person program centered on Sheep Hill. Work included detailed geological mapping at 1:1,000 to 1:2,000 scales, litho-geochemical grid planning (100 m × 100 m where applicable), and targeted grab rock and sediment sampling.

Operational additions to the July 29 program outline are as follows: mobilization occurred July 14, with base camp at Tonsina River Lodge; ATV access (including Bernard Creek crossing) was physically confirmed and improved with flagged routes; consideration is being given to permitting a short ATV spur from the current parking area to the base of the mountain to streamline future sampling and support activities. A total of 163 samples (including QA/QC) were dispatched to ALS Reno; results will be released once received and reviewed. After review of the results, NAM will have the consultants initiate an updated geological report which future recommendations.

Robert M Retherford, CPG #10904, a consultant to NAM, is the qualified person who reviewed the press release.

The Company also announces that it has granted 2,925,000 incentive stock options to directors, officers, employees, investor relations service provider, and consultants of the Company at an exercise price of $0.26 per share for a period of five (5) years from the date of grant in accordance with the Company’s Stock Option Plan.

New Age Metals is focused on the discovery, exploration, and development of critical green metal projects in North America. The Company has three divisions: a Platinum Group Element division, a Lithium/Rare Element division, and an Antimony-Gold Division.

The Company is actively seeking an option/joint venture partner for our and its road-accessible Genesis PGE-Cu-Ni Project in Alaska.

Contact: Harry G. Barr, Chairman and CEO

Source: New Age Metals Inc.