Chairman's Message

We are pleased to update you on our accomplishments thus far in 2015 and outline our plans for 2016 and beyond. Our equity funding objective is to raise sufficient capital to complete another major milestone on our 100% owned River Valley project in 2015. In regards to development funding, we are currently negotiating with major mining companies, mine finance companies and metal investment groups in order to be able to sustain River Valley's aggressive development program.

Our flagship project, the River Valley platinum group metal (PGM) project, has made significant advances over the last two years and is now one of Canada's largest primary PGM projects.

In February and March 2015, a new high grade discovery of PGM's was made at T2. A planned fall financing will be used to continue the review of previous drill information and geological interpretation of River Valley in order to further determine the origin of the higher grade mineralization discovered earlier this year at Target T2 (refer to March 11, 2015 news release). The objective of the review is to outline additional quality drill targets in the northern portion of River Valley. A portion of the funds will also be used to finalize the next phase of metallurgical testwork.

Large resources in PGMs situated near strategic mining centers like Sudbury are rare and in demand. Global PGM production is under pressure as worldwide demand increases. Due to the renewed interest in North American PGM projects, we are encouraged at the attention we have attracted from a global perspective. Management continues to work on securing a funding mechanism which will advance our project development plans.

Metal prices have remained relatively strong and demand is expected to increase for PGMs and base metals during the next few years. The exploration sector has suffered considerably; however, there are recent signs that a bottom may have been reached. Despite the current financial conditions for Junior Explorers, we continue to raise additional equity funding and have completed a series of project milestones that highlight the importance and ultimate value of the River Valley Project.

On behalf of the Board of Directors, I would personally like to acknowledge our management team and technical team headed up by our new president, Colin Bird, a respected Mining Engineer and Dr. Bill Stone for their hard work and dedication to this project to date.

Thank you for your continued support.

Yours sincerely,

Harry Barr

Chairman & CEO

Management Team

Harry BarrChairman, CEO & Director

Harry Barr

Chairman, CEO & Director

Mr. Barr has over 30 years of experience in the mining industry, founding Freegold Ventures Limited (retired Oct 2007), Canalaska Uranium Ltd. (retired June 2007), Pacific North West Capital Corp. (currently President and CEO), and Fire River Gold Corp. (retired March 2011). Over the last 15 years, Mr. Barr has acted in various management capacities for El Nino Ventures Inc. (currently Chairman and CEO), and Next Gen Metals Inc. (currently President and CEO) and Southern Sun Minerals (currently Chairman). Mr. Barr is on the Board of Directors of Pacific North West Capital Corp., El Nino Ventures Inc., Next Gen Metals Inc., Southern Sun Minerals Inc. and Copper Reef Mining Corp. Mr. Barr has created shareholder value by building teams to assist him in corporate finance, project acquisition, and exploration and development of mineral projects in 9 countries and 3 continents. As a CEO, he has guided his management teams to complete over 100 option joint venture agreements with major, mid-tier, and junior mining companies.

Colin Bird

President, COO & Director

Mr. Colin Bird is a chartered mining engineer and Fellow of the Institute of Materials, Minerals and Mining. He has spent over 20 years in operational mine management. He has extensive international experience in developing, financing and managing mines. He has been involved in the management of Nickel, Copper, Gold and other diverse mineral operations. He is responsible for listing several resource companies and has been the founder of a number successful companies significantly Kiwara Resources Plc and Pan African Resources Plc. Mr. Bird has served on resource company boards in the UK, Canada and South Africa. He has specific PGM industry knowledge generally gained in South Africa where he is the Chairman of Jubilee Platinum Plc an emerging platinum focused junior.

Colin BirdPresident, COO & Director
Robert GuanzonChief Financial Officer

Robert Guanzon

Chief Financial Officer

Mr. Guanzon, CPA, CMA, has been in the field of accounting for more than 25 years. He has been involved in the financial reporting of pharmaceutical manufacturing business, research & development, real estate/property management, project building construction and junior mining exploration companies. Mr. Guanzon holds a Bachelor’s degree in Accountancy – Certified Public Accountant (Philippines) and a member of Certified Management Accountants Society of BC. He brings extensive experience in dealing with financial matters and corporate strategy.

Tina Whyte

Corporate Secretary

Ms. Whyte has over 15 years of experience in the corporate and securities industry. Her expertise spans to areas of corporate governance, continuous disclosure, financing transactions and regulatory filings. Ms. Whyte has formerly held director and officer positions in publicly traded companies. She currently holds the position of Corporate Secretary for El Nino Ventures and Next Gen Metals Inc.

Tina WhyteCorporate Secretary

Directors

Harry BarrDirector

Harry Barr

Director

Mr. Barr has been the Chairman, CEO and Director of New Age Metals (formerly Pacific North West Capital Corp.) since its incorporation in May 1996. Mr. Barr is the founder of the International Metals Group and has been involved in the mining industry for over 30 years and has an extensive background in mineral exploration, business management, corporate finance, and marketing.

John Londry

Director

Mr. Londry received his B.Sc. and M.Sc. degrees in Geology from the University of Windsor. For the past 30 years Mr. Londry has been active in the mineral exploration and mining industry. Mr. Londry’s considerable experience encompasses both grass roots and advanced stage exploration projects throughout Canada, the United States and South America. Mr. Londry has held senior positions with Camflo, Noranda Exploration, Hemlo Gold Mines, and Battle Mountain Gold.

John LondryDirector
Michael NeumannDirector

Michael Neumann

Director

Mr. Neumann brings significant experience in the mining arena and has been Proprietor of Neumann Engineering and Mining Services, Inc. since 1993 providing international engineering services focusing primarily on underground hard rock engineering facets such as mine design, productivity improvements, rock mechanics, second opinions, peer reviews and other types of studies. Mr. Neumann is a graduate of Haileybury School of Mines and Michigan Technological University (Mining Engineering Degree) a member of the Canadian Institute of Mining, the International Society of Rock Mechanics and the Association of Professional Engineers of Ontario. Concurrent with his current position, from 2003 to 2006, Mr. Neumann was Director and Chief Operating Officer of Silver Eagle Mines Inc., (now Excellon Resources Inc.) a TSX listed Canadian-based silver exploration and development company focused on acquiring, exploring and developing high grade silver deposits among the silver mines in Mexico. Prior to this Mr. Neumann was Co- Founder and Director of the Engineering Seismology Group Inc. based in Kingston, Ontario. His early industry experience includes positions of Chief Engineer at Campbell Red Lake Mines and Underground Superintendent at Barrick’s Holt McDermott Mine.

Colin Bird

Director

Mr. Colin Bird is a chartered mining engineer and Fellow of the Institute of Materials, Minerals and Mining. He has spent over 20 years in operational mine management. He has extensive international experience in developing, financing and managing mines. He has been involved in the management of Nickel, Copper, Gold and other diverse mineral operations. He is responsible for listing several resource companies and has been the founder of a number successful companies significantly Kiwara Resources Plc and Pan African Resources Plc. Mr. Bird has served on resource company boards in the UK, Canada and South Africa. He has specific PGM industry knowledge generally gained in South Africa where he is the Chairman of Jubilee Platinum Plc an emerging platinum focused junior.

Colin BirdDirector

Advisory Board

Ali Hassanalizadeh, M.Sc, PGeo, MBAAdvisor

Ali Hassanalizadeh, M.Sc, PGeo, MBA

Advisor

Mr. Hassanalizadeh is a senior geologist who possess extensive experience in mineral exploration and project management. He graduated in geology in 1991 and completed his M.Sc. in Petrology in 1995. In 2010 he completed an MBA at Queen’s University, building on his experiences as Project Geologist and Project Manager. Ali has been responsible for a number of Uranium, gold and base metal projects during his exploration career with various explorations companies. Ali is a member of the Association of Professional Engineers and Geoscientists of British Columbia.

Gordon Chunnett, B.Sc. (Hons)

Advisor

Mr. Chunnett has extensive global experience in platinum group metal (PGM) operations, exploration and mine development, with particular emphasis on Southern Africa. He has served with Anglo Platinum Limited for approximately 31 years as Head of Platinum Geology and Exploration. Mr. Chunnett has unparalleled experience in the Bushveld and Great Dyke, which served well for the exploration projects that he headed up in Brazil, Canada, Russia, China, Zimbabwe and elsewhere.

Gordon Chunnett, B.Sc. (Hons)Advisor
William Stone, M.Sc and Ph.D, GeologyPrincipal Consulting Geologist

William Stone, M.Sc and Ph.D, Geology

Principal Consulting Geologist

Dr. Stone has held senior positions with international and Canadian mining and mineral exploration companies based in Vancouver and Toronto and has more than twenty-five years of exploration experience, including significant experience with platinum group metals (PGMs) and nickel-copper sulphides and a wealth of technical and practical experience. He served as Principal Geologist and Vice President of Exploration with several Canadian and Australian listed firms, including positions with WMC Resources Ltd. at Kambalda (Western Australia), location of world-class nickel sulphide and gold mining districts. Dr. Stone was also a Senior Lecturer in Economic Geology and Geochemistry at the University of Western Australia in Perth. Dr. Stone joins us from his most recent position as Vice-President of Exploration, Canada, for Magma Metals Ltd., where he was responsible for exploration of the recently discovered TBN PGE-Cu-Ni sulphide deposit near Thunder Bay, Ontario. Previously he served as Vice President of Exploration for North American Palladium Ltd., where he was responsible for PGE exploration at the Lac des Iles Mine near Thunder Bay and the APP Joint Venture Project in Finland, and gold exploration at the Sleeping Giant Mine near Amos, Quebec.

Curt Freeman, M.Sc.

Advisor

Mr. Freeman has over 30 years of experience in mineral exploration and is the founder of Avalon Development Corp. one of Alaska’s biggest and best known geological consulting companies. Mr. Freeman has worked with IMG and its companies within the group and has been an instrumental figure in the success of a number of exploration projects throughout Alaska.

Curt Freeman, M.Sc.Advisor

Corporate Governance

For details on New Age Metals' corporate governance, please refer to the following documents: