New Age Metals Inc (TSX-V:NAM, OTCQB:NMTLF) (NAM) announced that it has published its inaugural ESG/Sustainability report for the year 2021-2022, which encompasses both the company’s Manitoba Lithium project and River Valley platinum group metals (PGM) project.
The junior mineral exploration and development company said its Manitoba Lithium project had 33.552 tonnes and River Valley PGM project had 805.512 tonnes of CO2 emissions, for a total of 839.064 tonnes, while the Manitoba Lithium project used 15,000 gallons and River Valley PGM project used 720,357 gallons of fresh water, all of which was drawn from nearby sources.
“From NAM’s inception to this date, our primary focus before delving into any project has been to identify all key stakeholders, especially ones involved with the environmental and social prospects in the regions that our projects are located in,” New Age Metals CEO Harry Barr said in a statement.
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“To this effect, we have not only spent a substantial amount in that direction but have and are directly engaged with the First Nations, custodians, and communities around all our properties,” Barr added.
NAM noted that since both the projects are in early exploration stage, there were no emissions (besides CO2) to report, as well as no waste and hazardous materials such as tailings.
It added that following this inaugural report, the company will include disbursement of such reports as an annual target and will make sure to involve all stakeholders and communities within them.
NAM’s ESG/Sustainability report is now available under the ESG tab on its corporate website.
New Age Metals is a junior mineral exploration and development company focused on the exploration and development of green metal projects in North America. It has two divisions: a Platinum Group Metals division and a Lithium/Rare Element division.
Contact Sean at sean@proactiveinvestors.com