NioBay Confirms Extension of Mineralization on Its Crevier Project and Intersects Rare Earth Elements in Its Northernmost Holes

Core Insights - NioBay Metals Inc. has announced the initial results from its 2025 summer drill campaign at the Crevier niobium and tantalum project, confirming the presence of mineralized zones over a strike length of more than 6 km [1][2][13] - The campaign, consisting of 15 drill holes covering 3,324 meters, was supported by the Government of Québec and aimed at verifying mineralization continuity [2][3] - The results from the first eight drill holes indicate significant mineralization, which will contribute to an updated resource estimate for the project [2][13] Company Overview - NioBay Metals Inc. holds a 72.5% interest in the Crevier Project, located in Québec, and aims to focus on producing niobium oxide for battery manufacturers [1][13] - The company is committed to responsible mining practices, prioritizing environmental sustainability and the involvement of Indigenous communities [15] Drill Results - The initial drill results show various intersections of niobium (Nb2O5) and tantalum (Ta2O5) with notable percentages, including: - Drill hole 1532-25-01: Nb2O5 at 0.2991% over 4.00 m [4] - Drill hole 1532-25-02: Nb2O5 at 0.3281% over 4.05 m [4] - Drill hole 1532-25-04: Nb2O5 at 0.3541% over 1.00 m [4] - The campaign also revealed the presence of rare earth elements and strontium in the mineralized zones [13] Future Plans - The company plans to conduct a second pilot test using the mineralized material recovered from this campaign, which is expected to be more than ten times the volume of the first pilot test [3] - A bulk sample collection is scheduled for early fall to ensure representative material for the next pilot [3]