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NioBay Appoints First Members of its Technical Advisory Committee
Globenewswire· 2025-09-25 12:30
Core Viewpoint - NioBay Metals Inc. has appointed the first members of its Technical Advisory Committee to enhance its development and credibility in the niobium market [1][2]. Group 1: Advisory Committee Members - Dawn Madahbee Leach serves as an Aboriginal Affairs Advisor with extensive experience in public sector program development and management [3]. - Jonathan Launière, an advisor for Aboriginal Affairs, has a background in geological engineering and experience in energy sector project management [4]. - Caroline Olsen, a metallurgist, brings nearly 30 years of experience in mineral processing and knowledge of critical minerals [5]. - Jean-David Moore, a strategic advisor, has over 20 years of experience in advising mineral exploration and development companies [6]. Group 2: Company Development and Strategy - The establishment of the Technical Advisory Committee is aimed at increasing the company's credibility with the market and potential partners [2]. - The committee will support the company in advancing its current and future projects, leveraging the expertise of its members [8]. - NioBay aims to prioritize environmental responsibility and the inclusion of Indigenous communities in its operations [10]. Group 3: About NioBay Metals Inc. - NioBay holds a 100% interest in the James Bay Niobium project located in Ontario and a 72.5% interest in the Crevier niobium and tantalum project in Quebec [10]. - The company focuses on developing low-carbon mines and responsible management practices [10]. - Niobium is recognized for its properties that enhance materials used in various sectors, contributing to efficiency and reduced environmental impact [11].
NioBay Confirms Extension of Mineralization on Its Crevier Project and Intersects Rare Earth Elements in Its Northernmost Holes
Globenewswire· 2025-09-11 13:00
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]
NioBay Closes $2.2 Million Charity Flow-Through Private Placement
Globenewswire· 2025-07-29 21:27
Core Viewpoint - NioBay Metals Inc. has successfully closed a non-brokered private placement financing, raising a total of $2,238,231.52 through the issuance of 23,808,846 units at a price of $0.094 per unit, aimed at funding exploration work on its properties in Québec [1][3][4]. Financing Details - The Offering consisted of Charity FT Units, each comprising one common share and one common share purchase warrant, with the warrant exercisable at $0.10 for 24 months [1]. - The Company paid a total of $75,154 in cash finder's fees and issued 675,446 finder's warrants to various entities as part of the financing [2]. Use of Proceeds - Proceeds from the Offering will be utilized to advance exploration work on the Company's properties, particularly the Crevier project, which is critical for the development of strategic metals [3][4]. Company Overview - NioBay aims to lead in the development of mines with low carbon consumption and responsible environmental practices, emphasizing the importance of Indigenous community participation [5]. - The Company holds a 100% interest in the James Bay Niobium Project and a 72.5% interest in the Crevier Niobium and Tantalum project, with an option to acquire an 80% interest in the Foothills titanium-phosphate project [5]. Industry Context - Niobium is a highly valuable metal used in various sectors, enhancing material properties and reducing environmental impacts when added to materials like steel and aluminum [6].
NioBay Announces Election of Directors
Globenewswire· 2025-06-13 10:28
Company Overview - NioBay Metals Inc. aims to lead in the development of mines with low carbon consumption and responsible water and wildlife management practices, emphasizing environmental, social responsibility, good governance, and stakeholder inclusion [4] - The company holds a 100% interest in the James Bay Niobium Project in Ontario and a 72.5% interest in the Crevier Niobium and Tantalum project in Québec, with an option to acquire an 80% interest in the Foothills project [4] Annual General Meeting (AGM) Highlights - The AGM was held on June 12, 2025, with shareholders representing over 46% of the total common shares attending [1] - New board members elected include Jean-Sébastien David, Josianne Beaudry, Laurence Farmer, Raymond Legault, Bruno Di Battista, and Serge Savard [2] - PricewaterhouseCoopers, LLP was re-appointed as auditors for the upcoming financial year, and the rolling stock option plan was re-approved [2] Stock Options Grant - Following the AGM, the company approved the grant of 1,215,000 incentive stock options to directors, officers, employees, and consultants [3] - One third of the stock options will vest immediately, while the remaining options are subject to a two-year vesting period, with a seven-year term at an exercise price of $0.06 [3] Industry Context - Niobium is a naturally occurring metal known for its ductility, malleability, and corrosion resistance, enhancing properties in various materials and applications across Mobility, Structural, and Energy sectors [5] - The addition of niobium to materials like steel, glass, and aluminum castings improves efficiency and reduces environmental impacts, thereby increasing their value [5]
NioBay Announces the Start of Its 2025 Drill Campaign on Its Crevier Project
Globenewswire· 2025-06-10 10:30
Core Viewpoint - NioBay Metals Inc. has initiated a drilling campaign on the Crevier property, supported by a grant from the Ministère des Ressources naturelles et des Forêts, aiming to enhance material recovery and prepare for a larger pilot plant [1][2][6]. Group 1: Drilling Campaign Details - The 2025 Campaign is located approximately 50 km north of Girardville and 150 km from the Niobec mine, easily accessible via logging roads [1]. - The drilling will utilize large diameter (HQ) methods to maximize material collection, with plans for bulk sampling to produce over 125 metric tons of representative samples [2]. - The campaign will be executed by a local drilling company, with geological supervision from IOS Services Géoscientifiques, which has prior experience on this site [5]. Group 2: Company Strategy and Goals - The campaign aims to recover more material than the previous 2023 campaign and will test the extensions of known zones [6]. - NioBay is preparing for a second pilot plant that will be ten times larger than the first, intended to manufacture more product for potential customers [6]. - The company emphasizes the importance of local labor and community involvement in its operations, particularly with Indigenous communities [8]. Group 3: Company Background - NioBay holds a 100% interest in the James Bay Niobium Project and a 72.5% interest in the Crevier Niobium and Tantalum project, both located in territories of Indigenous communities [8]. - The company aims to lead in low carbon consumption mining practices while prioritizing environmental and social responsibilities [8]. Group 4: Industry Context - Niobium is a ductile and corrosion-resistant metal used in various sectors, enhancing material properties and reducing environmental impacts when added to materials like steel and aluminum [9].