New Age Metals Inc. updated new amended May 2018 NI 43-101 Mineral Resource Estimate of the River Valley Platinum Group Metals (PGM) Project. The amended January 9, 2019 NI 43-101 Mineral Resource Estimate confirms that the River Valley Project has 2,867,000 Measured and Indicated PdEq ounces, with 1,059,000 PdEq ounces in Inferred at a 0.35 g/t and 2.0 g/t PdEq cut-off for open pit and underground respectively. The amended and restated Mineral Resource Estimate presents a Mineral Resource that demonstrates reasonable prospects for eventual economic extraction. The new pit constrained Mineral Resource will be more representative of the potentially economic portion of the Mineral Resource that will be disclosed in the upcoming 2019 Preliminary Economic Assessment (PEA). River Valley is the undeveloped primary PGM Mineral Resource in North America. The Project has excellent infrastructure and is within 100 kilometres of the Sudbury Metallurgical Complex. The Project is 100% owned by New Age Metals. The Project's first economic study (Preliminary Economic Assessment) is slated to be completed on or before the end of second quarter of 2019.