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New Age Metals and Rockport Capital form JV on Alaska's Genesis Ni-Cu-PGE project with Rockport earning up to 70% stake.

Company Fundamentals
02 Sep 2026
TheNewswire
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Bullish
New Age Metals and Rockport Capital form JV on Alaska's Genesis Ni-Cu-PGE project with Rockport earning up to 70% stake.

New Age Metals Inc. has entered a definitive option and joint venture agreement with Rockport Capital Corp. for the Genesis Ni-Cu-PGE project in Alaska. Rockport can earn an initial 50% interest by paying cash, issuing shares, and funding exploration, with an option to increase to 70%. New Age Metals will operate the project and retain at least a 30% stake, benefiting from Rockport's funded exploration. The deal is subject to TSXV and shareholder approvals and includes a 3% net smelter return royalty to Anglo Alaska Gold Corp. Exploration is set to begin in August 2026.

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