Niobay Metals is proud to announce that, following the start of exploration work on the Foothills project, assay results confirm the presence of high TiO2 grades in massive ilmenite boulders. The project covers an area of approximately 285 km2 and comprises five separate claim blocks. It covers most of the contact of the intrusive zone known as the Saint-Urbain anorthosite. Results of the first samples from the Summer [...]
Niobay Metals is proud to announce the awarding of a grant as part of the 2nd call for projects for critical and strategic minerals for its Crevier niobium & tantalum project. The Crevier Project is located approximately 50 km north of the town of Girardville and approximately 150 km from the Niobec mine. It is located in the Nitassinan of the Pekuakamiulnuatsh, whose main population center is Mashteuiatsh. Grant The [...]
Niobay Metals is satisfied with the update to Canada's list of critical minerals announced by the Minister of Energy and Natural Resources, Jonathan Wilkinson. Additionally, NioBay is pleased that tantalum and niobium, which were already on this list, will now provide additional tax credits. There are 34 minerals on the list, which now includes high-purity iron ore, phosphorus, and silicon metal. All are deemed essential [...]
Niobay Metals is pleased to announce the results of its annual general meeting of shareholders held on June 12, 2024. Shareholders holding a total of 24,462,964 common shares of the Company attended the AGM in person or were represented by proxy, representing over 29% of the 84,775,738 common shares issued and outstanding. Jean-Sébastien David, Dawn Madahbee Leach, Raymond Legault, Mathieu Savard and Serge Savard were [...]
Niobay Metals is pleased to announce the closing of the second and final tranche of a private placement. Under the final tranche of the Offering, the Company raised proceeds of $304,520 from the sale of 4,350,286 Quebec-eligible flow-through units of the Company at a price of $0.07 per Québec FT Unit. In total, taking into consideration the first tranche of the Offering, the Company has issued an aggregate of 8,807,429 [...]
Niobay Metals is proud to announce that, following re-sampling of historic Vior drill holes from the Foothills Project, assay results confirm the presence of phosphate in addition to the titanium already demonstrated in previous campaigns. The Foothills Project is located north of St. Urbain. This Project covers an area of approximately 285 km2 and is comprised of 5 separate claims blocks. It covers most of the contact of [...]
Niobay Metals is pleased to announce the closing of the first tranche of a private placement. Under the Offering, the Company raised proceeds of $312,005 from the sale of 4,457,215 Quebec-eligible flow-through units of the Company at a price of $0.07 per Quebec FT Unit. Each Québec FT Unit consists of one common share of the Company issued as a "flow-through share" within the meaning of the Income Tax Act and the Taxation [...]
Niobay Metals is pleased to announce the latest results of the fall 2023 drilling campaign, on the Crevier niobium & tantalum project, of which the Company holds a 72.5% interest. The Crevier Project is located approximately 50 km north of the town of Girardville and approximately 150 km from the Niobec mine. It is located in the Nitassinan of the Pekuakamiulnuatsh, whose main population center is Mashteuiatsh. Updated [...]
Niobay Metals is pleased to announce that, in accordance with the requirements of the TSXV and further to its news release dated Feb 7, 2024, the Company has executed an option agreement to acquire an 80% undivided interest in Vior Inc.'s Foothills Project. In accordance with the Option Agreement, NioBay Metals has made the initial $40,000 cash payment and issued 1,250,000 common shares of the Company. The Common Shares [...]
Niobay Metals Inc. is pleased to announce the execution of a definitive option agreement , with Vior Inc. to acquire an 80% undivided interest in Vior's Foothills Project , with strong potential for the discovery of critical and strategic metals. The Foothills Project is located north of St. Urbain, 100km north of Québec City and 90km south of Saguenay , Québec. The Project covers an area of approximately 285km2 and is [...]
Niobay Metals is pleased to provide an update on its recent activities, including its application for authorization to add three years to the James Bay Niobium exploration project, the completion of its regional exploration program, and its progress in R&D projects. James Bay Niobium Project Following discussions with the Ontario Ministry of Mines, the Company has applied for an exploration permit for its James Bay [...]
Niobay Metals is pleased to announce the first results of the Fall 2023 drilling program at its 72.5%-owned Crevier niobium & tantalum project. The Crevier Project is located about 50 km north of the town of Girardville and about 150 km from the Niobec mine. It is located on the Nitassinan of the Pekuakamiulnuatsh, whose main population centre is Mashteuiatsh. This property is easily accessible via existing logging roads [...]