New Age Metals Reports High-Grade Antimony and Gold Results from St. Alban's Project
Rockport, Ontario — February 27, 2026 — Leads & Copy — New Age Metals Inc. has announced positive results from its Phase 2 follow-up exploration program at the St. Alban’s antimony–gold properties in southern Newfoundland and Labrador.
The exploration program returned high-grade results, including assays of up to 51.9% antimony (Sb) and 46.2 g/t gold (Au), strengthening the structurally controlled Au–Sb mineralizing system identified during Phase 1 exploration.
Grab samples from the southeastern portion of the Antimony Ridge property (St. Alban’s area) yielded up to 51.9% Sb (Sample 445127). High-grade gold assays returned up to 46.2 g/t (Sample 214444) and 23.8 g/t (Sample 445126) from grab sampling of quartz veining in the central zone of the Antimony Ridge property. The southeastern zone on the Antimony Ridge property returned 6.53 g/t Au (Sample 441306), 6.42 g/t Au (Sample 260055), and a cluster of –5 g/t Au spatially associated with high-grade Sb. The northwestern corridor on the Antimony Ridge property hosts stibnite-bearing sheeted quartz veins traced for approximately 400 meters with grades up to 6.57% Sb (Sample 441326).
A grab sample (Sample 206547) from Antimony Ridge returned 39,215 ppm Zn, 3,672 ppm Pb, and 2,927 ppm Cu. Results confirm structurally controlled Au-Sb mineralization along an emerging approximately 16 km trend. The company staked 40 additional mineral claims (~1000 hectares), consolidating the trend and capturing the Pardy Head antimony occurrence. Exploration approvals have been received for trenching activities on the Antimony Ridge Property for the next field season. The final JEA report has been submitted, with a potential $71,975 exploration rebate pending acceptance.
NAM Chairman and CEO Harry Barr said Phase 2 has delivered high-grade antimony and gold results that materially upgrade the scale and potential of the project in south-central Newfoundland. Barr added that the identification of antimony grades exceeding 50% Sb and gold grades up to 46.2 g/t confirms the strength of this emerging mineralized system.
The company has expanded its land position to include the Pardy Head occurrence, secured trenching approvals, and completed additional late-season work up until the snow prohibited work in December. Barr noted that this was all done while leveraging provincial support through the Junior Exploration Assistance program.
The Phase 2 results further confirm structurally controlled Au–Sb mineralization hosted within quartz veins of the St. Joseph’s Cove Formation. Mineralization extends along a regional structural trend from Swanger’s Cove, through Antimony Ridge (MODS# 001M/13/Sb 002) and Golden Grit (MODS# 001M/13/Au 015), to the True Grit (MODS# 001M/13/Au 014) occurrence.
Phase 2 work has defined three distinct mineralized zones within the Antimony Ridge property. The strongest gold mineralization identified to date during Phase 2 occurs within a central structural zone. Grab samples returned 46.2 g/t Au (Sample 214444), 23.8 g/t Au (Sample 445126), 8.21 g/t Au (Sample 445116), and 7.16 g/t Au 2.51% Sb (Sample 445132). Gold mineralization is hosted within narrow quartz veins that cross-cut the regional foliation and are spatially associated with NNW–SSE-trending fault structures.
In the northwestern portion of the property, the technical team traced multiple parallel to sheeted quartz veins, approximately 10–30 cm wide, exposed in outcrop over approximately 400 meters of strike length. Sampling from these foliation-parallel sheeted quartz veins returned antimony values up to 6.57% Sb, confirming stibnite-bearing mineralization within a structurally continuous bedrock corridor.
The southeastern portion of the property hosts the highest-grade antimony values identified to date, including over-limit samples grading 51.9% Sb (Sample 445127) and 51.2% Sb (Sample 445128). Associated gold values include 6.53 g/t Au, 6.42 g/t Au, and a cluster of 4–5 g/t Au results. The abundance and angular nature of mineralized float, combined with coincident soil anomalies, suggests a proximal bedrock source that has not yet been exposed.
In addition to high-grade gold and antimony, Phase 2 sampling confirmed elevated base- and precious-metal values across multiple properties within the St. Alban’s project area. Quartz-vein sampling at Antimony Ridge returned up to 39,215 ppm Zn, 3,672 ppm Pb, and 2,927 ppm Cu.
The company staked an additional 40 mineral claims (~1,000 hectares), further consolidating the mineralized trend and capturing the Pardy Head antimony occurrence where government mapping confirms stibnite-bearing quartz veins in outcrop.
A total of 660 samples have been received from the laboratory to date, including 419 rock samples, 154 soil samples, 69 stream sediment samples, and 18 inserted QA/QC samples. Analytical results for these samples have been reviewed and are undergoing internal QA/QC verification by the Company’s technical team.
The results herein will be used to refine exploration targeting and support trenching, structural mapping, and drill program planning for 2026 and beyond. Plans include trenching across the southeastern high-grade Sb zone, exposing and mapping the central gold-rich structural zone, and continued evaluation and slated diamond drilling of the 400 m stibnite-bearing corridor on the northwestern zone.
NAM maintains a rigorous QA/QC protocol for all rock samples collected during the Phase 2 program. All samples were individually sealed in heavy-duty plastic bags, labelled with unique sample numbers, and placed into rice bags for transport. Field crews maintained continuous possession of the samples until they were securely delivered to the SGS sample preparation facility in Grand Falls–Windsor, Newfoundland. At this facility, the samples were weighed and prepared into pulps before being shipped to SGS Canada’s Minerals laboratory in Burnaby, British Columbia, for complete assay analysis.
Analytical work included: Gold (Au): 30-g Fire Assay with Atomic Absorption Spectrometry (“AAS”) finish (GE_FAA30V5); Gold, Silver (Au Ag Overlimit): Samples returning elevated gold values were re-analyzed by 30 g fire assay with gravimetric finish (GO_FAG37V), where required; Multi-element Suite: Sodium Peroxide Fusion followed by Induction Coupled Plasma (“ICP”) – Mass Spectrometry (“MS”) and Atomic Emission Spectroscopy (“AAS”) analysis ICP-AES (GE_ICP90A50) and ICP-MS (GE_IMS90A50); and Over-limit Determinations: Over-limit results for antimony (Sb) and lead (Pb) were re-analysed using Na₂O₂ Fusion with ICP-AES (GO_ICP90Q100) or Pyrosulphate Fusion with XRF (GO_XRF70V2), as appropriate.
Spot gold was around US$5,166/oz on February 26, 2026, and Reuters has reported that gold set a record high of US$5,594.82/oz on January 29, 2026. Fastmarkets has noted that antimony prices reached a historical high of US$59,750 per tonne on July 4, 2025.
Max Kaczmer, P.Geo., a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the scientific and technical information contained in this release.
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 Metals division, an Antimony-Gold Division as well as an investment in MetalQuest Mining’s (TSXV:MQM | OTC:MQMIF) high purity Lac Otelnuk Iron Project.
Investors are invited to visit the New Age Metals website at www.newagemetals.com.
Source: New Age Metals
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