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New Age Metals Inc.

11:49 AM EST - New Age Metals Inc. : Provided an update to the Lithium Pegmatite Projects in Southeast Manitoba. This pegmatite field is host to the world-class Tanco Pegmatite, which is a highly-fractionated, Lithium-Cesium-Tantalum (LCT)–type pegmatite that has been mined at the Tanco Mine, in various capacities, since 1969 for Lithium-bearing minerals (Spodumene), Tantalum, Beryllium, Rubidium and Cesium. The Tanco Mine is presently owned by the Cabot Corporation. There are no current NI 43-101 compliant resources, but academic reports suggest that the Tanco Pegmatite, prior to the start of mining, was approximately 1,520 metres long, 1,060 metres wide and up to ~100 metres thick, with a volume of ~21,850,000 m 3 and a mass of about 57,430,000 tonnes. New Age Metals Inc. shares V.NAM are trading down $0.005 at $0.11.