# 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-extractions.minestarters.com/news/new-age-metals-launches-next-phase-of-platsol-tm-metallurgical-optimization-test--2194dce8-620c-494f-b4b0-37305d369c8c 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, Other - Extracted: 2026-09-12 14:49:58 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary New Age Metals is commencing the next phase of PLATSOL™ metallurgical optimization testwork at its River Valley Palladium Project in Ontario. The 6-month program, conducted by SGS Canada, will focus on flotation concentrate production, pressure oxidation optimization, and downstream PGM and base metal recovery scoping. Reasoning: The company is launching a new phase of metallurgical optimization work to refine previous successful results; while the news is positive for project advancement, no new assay or recovery data is provided in this release. - Positive factor: Advancing to second phase of optimization - Positive factor: Builds on positive proof-of-concept results - Positive factor: Focus on high-value PGM and base metal recovery - 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 document describes a pox\_biox route \("pressure oxidation"\) **Multi-Domain Tested** Polarity: positive Definition: Variability across ore domains \(oxide, transition, fresh\) has been addressed. Why it applies: 2 distinct composites were tested ## 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-extractions.minestarters.com/news/new-age-metals-launches-next-phase-of-platsol-tm-metallurgical-optimization-test--2194dce8-620c-494f-b4b0-37305d369c8c#fact-metallurgical-facts-0) palladium Historical result Needs review: historical\_restatement #### Identity - Commodity: palladium - Region: canada\_on - Reported Region: Ontario - 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: Historical proof-of-concept result reported as context. - Positive factor: High recovery Evidence · text > best observed final extractions of 93% palladium ### Fact 2 [Link to this fact](https://atlas-extractions.minestarters.com/news/new-age-metals-launches-next-phase-of-platsol-tm-metallurgical-optimization-test--2194dce8-620c-494f-b4b0-37305d369c8c#fact-metallurgical-facts-1) platinum Historical result Needs review: historical\_restatement #### Identity - Commodity: platinum - Region: canada\_on - Reported Region: Ontario - 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: Historical proof-of-concept result reported as context. - Positive factor: Strong recovery Evidence · text > 88% platinum ### Fact 3 [Link to this fact](https://atlas-extractions.minestarters.com/news/new-age-metals-launches-next-phase-of-platsol-tm-metallurgical-optimization-test--2194dce8-620c-494f-b4b0-37305d369c8c#fact-metallurgical-facts-2) gold Historical result Needs review: historical\_restatement #### Identity - Commodity: gold - Region: canada\_on - Reported Region: Ontario - 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: Historical proof-of-concept result reported as context. - Positive factor: Very high recovery Evidence · text > 98% gold #### Tags used in scoring **High Recovery** Polarity: positive Definition: Recovery at or above the exceptional band for the commodity and processing route. Why it applies: 98% is at or above the exceptional band \(95%\) ### Fact 4 [Link to this fact](https://atlas-extractions.minestarters.com/news/new-age-metals-launches-next-phase-of-platsol-tm-metallurgical-optimization-test--2194dce8-620c-494f-b4b0-37305d369c8c#fact-metallurgical-facts-3) copper Historical result Needs review: historical\_restatement #### Identity - Commodity: copper - Region: canada\_on - Reported Region: Ontario - 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: Historical proof-of-concept result reported as context. - Positive factor: Very high recovery Evidence · text > 99% copper #### Tags used in scoring **High Recovery** Polarity: positive Definition: Recovery at or above the exceptional band for the commodity and processing route. Why it applies: 99% is at or above the exceptional band \(92%\) ### Fact 5 [Link to this fact](https://atlas-extractions.minestarters.com/news/new-age-metals-launches-next-phase-of-platsol-tm-metallurgical-optimization-test--2194dce8-620c-494f-b4b0-37305d369c8c#fact-metallurgical-facts-4) nickel Historical result Needs review: historical\_restatement #### Identity - Commodity: nickel - Region: canada\_on - Reported Region: Ontario - 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: Historical proof-of-concept result reported as context. - Positive factor: Very high recovery Evidence · text > 98% nickel for Dana #### Tags used in scoring **High Recovery** Polarity: positive Definition: Recovery at or above the exceptional band for the commodity and processing route. Why it applies: 98% is at or above the exceptional band \(90%\) ### Fact 6 [Link to this fact](https://atlas-extractions.minestarters.com/news/new-age-metals-launches-next-phase-of-platsol-tm-metallurgical-optimization-test--2194dce8-620c-494f-b4b0-37305d369c8c#fact-metallurgical-facts-5) palladium Historical result Needs review: historical\_restatement #### Identity - Commodity: palladium - Region: canada\_on - Reported Region: Ontario - 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: Historical proof-of-concept result reported as context. - Positive factor: High recovery Evidence · text > 93% palladium ### Fact 7 [Link to this fact](https://atlas-extractions.minestarters.com/news/new-age-metals-launches-next-phase-of-platsol-tm-metallurgical-optimization-test--2194dce8-620c-494f-b4b0-37305d369c8c#fact-metallurgical-facts-6) platinum Historical result Needs review: historical\_restatement #### Identity - Commodity: platinum - Region: canada\_on - Reported Region: Ontario - 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: Historical proof-of-concept result reported as context. - Positive factor: Strong recovery Evidence · text > 85% platinum ### Fact 8 [Link to this fact](https://atlas-extractions.minestarters.com/news/new-age-metals-launches-next-phase-of-platsol-tm-metallurgical-optimization-test--2194dce8-620c-494f-b4b0-37305d369c8c#fact-metallurgical-facts-7) gold Historical result Needs review: historical\_restatement #### Identity - Commodity: gold - Region: canada\_on - Reported Region: Ontario - 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: Historical proof-of-concept result reported as context. - Positive factor: Very high recovery Evidence · text > 98% gold #### Tags used in scoring **High Recovery** Polarity: positive Definition: Recovery at or above the exceptional band for the commodity and processing route. Why it applies: 98% is at or above the exceptional band \(95%\) ### Fact 9 [Link to this fact](https://atlas-extractions.minestarters.com/news/new-age-metals-launches-next-phase-of-platsol-tm-metallurgical-optimization-test--2194dce8-620c-494f-b4b0-37305d369c8c#fact-metallurgical-facts-8) copper Historical result Needs review: historical\_restatement #### Identity - Commodity: copper - Region: canada\_on - Reported Region: Ontario - 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: Historical proof-of-concept result reported as context. - Positive factor: Exceptional recovery Evidence · text > 100% copper #### Tags used in scoring **High Recovery** Polarity: positive Definition: Recovery at or above the exceptional band for the commodity and processing route. Why it applies: 100% is at or above the exceptional band \(92%\) ### Fact 10 [Link to this fact](https://atlas-extractions.minestarters.com/news/new-age-metals-launches-next-phase-of-platsol-tm-metallurgical-optimization-test--2194dce8-620c-494f-b4b0-37305d369c8c#fact-metallurgical-facts-9) nickel Historical result Needs review: historical\_restatement #### Identity - Commodity: nickel - Region: canada\_on - Reported Region: Ontario - 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: Historical proof-of-concept result reported as context. - Positive factor: Very high recovery Evidence · text > 98% nickel for Lismer #### Tags used in scoring **High Recovery** Polarity: positive Definition: Recovery at or above the exceptional band for the commodity and processing route. Why it applies: 98% is at or above the exceptional band \(90%\) ## 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.