Core Insights - NioBay Metals Inc. has announced successful results from its 2025 summer drill campaign at the Crevier niobium and tantalum project, confirming mineralized zones over a strike length exceeding 6 km [1][3][4] - The company plans to conduct a significantly larger pilot test of 140 tonnes, compared to the previous 10-tonne test, and is engaging with potential customers for niobium oxide production [2][3] - The campaign was supported by the Government of Québec, and the results will be used to update resource estimates for the project [3][4] Company Overview - NioBay Metals Inc. holds a 72.5% interest in the Crevier Project, located in Québec, and aims to develop mines with low carbon consumption and responsible environmental practices [1][20] - The company also has a 100% interest in the James Bay Niobium Project in Ontario, emphasizing the importance of Indigenous community participation in its operations [20] Drill Campaign Details - The 2025 drill campaign consisted of 15 holes covering 3,324 meters, designed to verify mineralization continuity [3] - The campaign confirmed the presence of mineralized zones, with results indicating various percentages of Nb2O5 across multiple drill holes [5][7] - Bulk sampling of over 140 tonnes of rock has been completed for further mineralogical testing [4][6] Mineralization Results - The drill results showed significant intercepts of niobium and tantalum, with various lengths and grades reported [5][8] - Notable intercepts include lengths of up to 19.85 meters with Nb2O5 grades reaching 0.3541% [5][14] - The results will contribute to a comprehensive resource estimate update for the Crevier Project [3][4] Future Plans - NioBay intends to utilize the winter season to advance work on the James Bay Niobium property while continuing discussions with potential customers for niobium oxide [2][3] - The company is focused on producing materials that meet the specific needs of battery manufacturers, indicating a strategic direction towards the energy sector [2][3]

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].