NioBay Confirms Receipt of an Exploration Permit for its James Bay Niobium Project

Core Points - NioBay Metals Inc. has received a new exploration permit for the James Bay Niobium Project from the Ontario government, allowing for the resumption of drilling activities [1][2] - The new exploration campaign will address community concerns regarding water management by modifying the drilling pattern [2] - The company emphasizes the importance of involving the local Moose Cree First Nation community in the planning and execution of the exploration work [4][6] Permits and Work - The new exploration permit is valid for three years and will enable the completion of a drilling campaign that was previously suspended [2] - The drilling campaign will require helicopter-borne operations and strict management of water and drilling mud, which were successfully implemented in the last campaign [2] Community Engagement - NioBay acknowledges the James Bay Niobium Project is part of Treaty 9 and respects the rights and interests of the Moose Cree First Nation [3] - The company prioritizes the consent and participation of Indigenous communities in its operations [6] Company Overview - NioBay aims to lead in the development of low-carbon mines and responsible environmental practices [6] - The company holds a 100% interest in the James Bay Niobium project and a 72.5% interest in the Crevier niobium and tantalum project [6] About Niobium - Niobium is a ductile and malleable metal known for its corrosion resistance and is used in various sectors including mobility, structural, and energy [7] - The addition of niobium to materials enhances their efficiency and reduces environmental impact [7]