North American Niobium Highlights 0.150% Nb₂O₅ with124.53 ppm Dy₂O₃ from Pegmatite Grab Sample and 0.19% TREO from REE-BearingCarbonatite Outcrop at Seigneurie, Québec
Grab Grab (US:GRAB) Globenewswire·2026-02-17 12:30

Core Insights - North American Niobium and Critical Minerals Corp. has reported assay results from its Seigneurie Project in Quebec, indicating promising mineralization of niobium and rare earth elements [1][12]. Phase 1 – Channel Sampling - Phase 1 channel sampling was conducted over 94.5 meters, with a notable 15.0 m composite interval returning 294.39 ppm Nb₂O₅ and 0.039% TREO [4][15]. - The pegmatite system is interpreted to have a strike of approximately N80° with a steep southerly dip, potentially exceeding 150 meters in width [5][10]. Phase 2 – Selective Grab Sampling - Phase 2 involved 109 selective grab samples, expanding coverage to additional pegmatite and carbonatite outcrops [6]. - A high-grade niobium-dysprosium pegmatite grab sample returned 1,502 ppm Nb₂O₅ (0.1502%) and 124.5 ppm Dy₂O₃, alongside a REE-bearing carbonatite outcrop returning 0.19% TREO [2][12]. Geological Interpretation - The geological interpretation suggests that the pegmatite system remains open along strike, width, and depth, with historical drill collars indicating a potentially wider pegmatite intrusion than previously thought [9][10]. - The observed geometry and scale suggest the body may represent either a pegmatite dyke or an intrusion, requiring further validation through drilling [11]. Next Steps - The company is advancing the necessary exploration permits in Quebec to support drilling and target development, with integrated geochemical and structural interpretation underway to prioritize targets for Q1 2026 drilling [13]. Company Overview - North American Niobium and Critical Minerals Corp. focuses on the acquisition and development of critical mineral assets, including niobium and rare earth elements, which are strategically important for energy and defense applications [26].