New Age Metals 2.9M Ounces Of Palladium Equivalent Is Why Eric Sprott Owns 18.5%

Three years ago, Harry Barr couldn't get anyone to even look at New Age Metals (NAM:TSXV) flagship property, the 100% owned River Valley Project, one of North  America's largest undeveloped Platinum Group Metals Projects, situated  100 kilometres from Sudbury.

But with Palladium at $US 2,100/oz and River Valley sitting on  2.9Moz Palladium Equivalent (Measured & Indicated), things have  changed significantly, including the fact that  Eric Sprott has become a  strategic shareholder with 18.56% ownership.

WAIT ... THERE'S MORE

NAM's 2019 Preliminary Economic Assessment highlights include a 14  year mine life, resulting in an annual average payable Palladium  Equivalent production of 119,000 ounces.

WAIT ..... THERE'S ONE MORE THING

The PEA assumed a Palladium price of $US 1,200, which is now 75% higher at $US 2,100.

With NAM now using their war chest to further drill River Valley  and follow-up on recommendations from the PEA, there is reason to  believe this story is only going to get better.

Grab your favourite beverage and watch this interview with NAM CEO, Harry Barr.