North American Niobium and Critical Minerals Corp. Launches its C$2.69 Million District-Scale Fully-Funded Comprehensive 2026 Quebec Exploration Program Focused on Niobium and Rare Earth Elements Discoveries

Core Viewpoint - North American Niobium and Critical Minerals Corp. is launching a fully-funded exploration program in 2026, focusing on its 29,936-hectare land package in Quebec, targeting niobium and rare earth elements to confirm and expand mineral resources [1][4][20]. Exploration Program Overview - The 2026 exploration program is structured in four stages: geophysics, surface geochemistry, bedrock sampling, and drilling, with a total budget of approximately $2.69 million [6][12][13]. - The drilling campaign will include 6,000 meters across multiple properties, with the largest allocation of $1.9 million dedicated to drilling costs [15][16]. Historical Assays and Comparisons - Historical assays from the company's properties show promising grades: 2.7% total rare earth oxides at Blanchette and 0.68% at Bardy, which are competitive with global producers [2][7]. - For niobium, the company's 0.32% Nb grab sample at Seigneurie is considered a strong early-stage indicator, aligning with grades from established niobium suppliers [3][4]. Importance of Niobium - Niobium is classified as a critical mineral by Canada and the U.S., essential for various high-tech applications, and its supply is heavily concentrated, raising national security concerns [18][19]. - Establishing a domestic source of niobium is crucial for North America's supply chain resilience, particularly for infrastructure and defense applications [18][19]. Quebec's Geological Potential - Quebec is recognized as a premier jurisdiction for critical mineral exploration, with significant geological potential and government support for mining activities [19][20]. - The Grenville Province is underexplored yet hosts major deposits, providing a favorable environment for advancing new discoveries in rare earth elements and niobium [19][20].