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New Energy Metals Announces Appointment of Dr. Stewart A. Jackson as Technical Advisor

Vancouver, British Columbia–(Newsfile Corp. – January 23, 2023) – New Energy Metals Corp. (TSXV: ENRG) (OTC Pink: NEMCF) ("New Energy Metals" or the "Company")…

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Vancouver, British Columbia–(Newsfile Corp. – January 23, 2023) – New Energy Metals Corp. (TSXV: ENRG) (OTC Pink: NEMCF) (New Energy Metals” or the “Company) announces the appointment of Dr. Stewart A. Jackson, P.Geo, as Technical Advisor to the Company.

Dr. Jackson is a longtime exploration specialist. He founded Crown Resource Corporation where he discovered and initiated production from multiple gold discoveries totaling several million ounces in Washington State, USA, including the current Buckhorn Mine of Kinross. He was involved in the acquisition and exploration of multiple gold and silver deposits in North, South and Central America, the Philippines, and Indonesia. He acquired and delineated a major uranium, molybdenum, nickel and vanadium resource in Sweden, and was instrumental in the advancement of the Turnagain nickel deposit in Northern BC, Canada, from a prospect to the status of a very large nickel resource. In addition to metals exploration, he has been involved in a broad range of exploration fields, including oil, gas, industrial minerals, and diamonds.

Dr. Jackson is a Professional Geologist in the Province of Ontario, Canada. He holds a B.Sc., in Geology from the University of Western Ontario, an M.Sc. in Stratigraphy and Mineral Deposits from the University of Toronto, and a Ph.D. in Stratigraphy and Economic Geology from the University of Alberta. He is a member of several scientific and professional organizations and has authored several geological papers.

Mr. Rishi Kwatra, CEO, commented, “I have worked with Dr. Jackson for over 10 years and am extremely grateful to have him on our team. His years of knowledge and experience will be invaluable as we move forward with exploration on our current projects and acquisition of future assets.”

Dr. Jackson states, “I am excited for the opportunity to guide New Energy Metals as they continue to explore, acquire and develop projects within the battery metals space.”

New Energy Metals has accepted the resignation of Mr. Christopher Little as a director of the Company. The Company wishes to thank Mr. Little for his contribution to the Company and wishes him success in his future endeavors.

ON BEHALF OF THE BOARD OF DIRECTORS,
New Energy Metals Corp.

Rishi Kwatra
CEO & Director

#2710 – 200 Granville Street
Vancouver, BC V6C 1S4, Canada
Tel: 778.510.5757
www.new-enrg.com

About New Energy Metals Corp.

New Energy Metals is listed on the TSX Venture Exchange under the symbol ENRG and is a Canadian-based resource company. The Company has an option to purchase a 100% title and interest in the Roslyn Lithium property, covering 5,100 hectares located 20 km southeast of the Georgia Lake Pegmatite Field and 35 km southeast of where Rock Tech Lithium just published a PEA supporting the indicated mineral resource of 10.6 Mt (million tonnes) grading 0.88% Li2O and an inferred mineral resource of 4.2 Mt grading 1.0% Li2O. https://www.rocktechlithium.com/news/georgia-lake-project:-pre-feasibility-study-published

The company also has an option to purchase a 100% title and interest in the Troitsa property covering approximately 7,000 hectares located in the Omineca Mining Division of British Columbia.

Neither the TSX Venture Exchange nor its Regulation Service provided (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statement

Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such risks and other factors include, among others, risks related to the state of financial markets, risks related to regulatory approval, risks related to the uncertainties inherent in the estimation of mineral resources; commodity prices; changes in general economic conditions; market sentiment; the Company’s ability to continue as a going concern; the Company’s ability to raise funds through equity financings; risks inherent in mineral exploration; future prices of metals; accidents, labor disputes and other risks of the mining industry; delays in obtaining governmental approvals; government regulation of mining operations; environmental risks; title disputes or claims; and limitations on insurance coverage. Although the Company has attempted to identify important factors that could affect the Company and may cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, do not place undue reliance on forward-looking statements. All statements are made as of the date of this news release and the Company is under no obligation to update or alter any forward-looking statements except as required under applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/152113





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