New Age Metals Inc. announced that all assay results have been received from the extensive summer exploration program on the Company's Winnipeg River-Cat Lake Lithium Projects of Southeast Manitoba. The sampling campaign was conducted by the Company's technical consultants from Axiom Exploration Group Ltd. A total of 2086 rock lithogeochemistry samples, 2601 MMI soil geochemistry samples, and 328 MMV biogeochemistry were collected over the 20,270 hectare land package. A detailed geostatistical review of the results is ongoing in conjugation with a structural analysis/interpretation by Resource Potentials Ltd. of all newly acquired high- resolution Tri-axial magnetics, Radiometrics, and LiDAR data.

To date the assessment has yielded several priority targets to be considered highly prospective for lithium-cesium-tantalum ("LCT") type pegmatites. Property Highlights: · Bird River Lithium Property: o Pegmatite swarm on the Bird River Lithium property consisting of the spodumene-rich Tappy and Matty pegmatites as well as numerous other recently discovered LCT style pegmatites. o Recent option agreement dated December 1, 2023 with W.S. Ferreira Ltd. ("Ferreira") to acquire an undivided 100% interest in the mineral property claim Bridge and Bridge 1 which now creates a contiguous claim package across the Company's Bird River Lithium property.

The claim hosts the Matty Pegmatite which has historic assay results up to 3.5% Li2O. Lithium Two Property: o Newly discovered spodumene-bearing pegmatite dyke located 450m to the north of the Eagle Pegmatite on the Lithium Two property returned grab samples grading up to 3.13% Li2O (sample# 215719). o 8 grab samples within 30 meters of the FD-5 Pegmatite returned over 0.5 % Li2O including up to 1.13 % Li2O (sample# 215747).

o Eagle Pegmatite extended at surface 50 meters east with sample returning 1.33% Li2O (sample# 633588). Lithman East: o Initial geochemical evaluation shows indications of highly prospective trend and pegmatite swarm including anomalous Li, Cs, and Ta values along the Rush Lake Trend of the Lithman East property which lies only ~ 6 km from Tanco Mine. o Four samples within 65-meter trend returned anomalous Cs values including up to 1476 ppm Cs (sample# 215917).