New Age Metals secures full control of Ontario's Dash Lake Gold-Copper Project
New Age Metals Inc. (TSX.V: NAM) has secured full ownership of the Dash Lake Gold-Copper Project. The acquisition follows regulatory approval and expands the company’s gold portfolio in northwestern Ontario. Historical surveys in the area previously revealed promising gold grain anomalies, with counts reaching up to 25 grains per sample. The Dash Lake Project sits within the Kakagi-Rowan Lake Greenstone Belt, spanning the Kenora and Rainy River Districts. Its location—35 km northwest of the Rainy River Mine and 17 km south of the Cameron Gold deposit—places it in a region known for established gold mineralisation. Access to existing infrastructure, including logging roads, Highway 71, and nearby power sources, further supports exploration efforts.
With this addition, New Age Metals now holds five gold projects in the Kenora District, covering roughly 37,000 hectares (91,429 acres). The acquisition itself increases the company’s consolidated land position to about 838 mining claims, totalling 18,780 hectares (46,400 acres). The Double R Gold Project, another key asset, has also been consolidated and lies 35 km northwest of the Rainy River Mine. The company plans a phased, low-impact exploration strategy. Early work will focus on prioritising targets for follow-up studies and potential drilling. Historical data from the Ontario Geological Survey had already highlighted gold grain anomalies, reinforcing the project’s potential.
The Dash Lake acquisition strengthens New Age Metals’ footprint in a mineral-rich region. The project’s proximity to existing mines, infrastructure, and favourable geological conditions provides a solid foundation for further exploration. The company’s expanded portfolio now includes five gold projects, setting the stage for targeted fieldwork in the coming phases.
