Niobay Metals Inc. is pleased to report an update on the ongoing metallurgical test program performed at SGS Lakefield in Ontario for its James Bay Niobium Project, located in Northern Ontario. Batch flotation tests on the gravity concentrate achieved impressive results with a niobium concentrate inside all required specifications, including silica level and a niobium recovery of 80.6 %. Combined niobium recovery for both [...]
Niobay Metals Inc. is pleased to report an updated Mineral Resource estimate for its James Bay Niobium Project, located in Northern Ontario. The MRE shows an increase in tonnage of 33.6% and 13.8%, respectively, for the Inferred and Indicated Resources categories. The MRE was prepared in accordance with CIM Definition Standards as referenced in Canadian National Instrument 43-101 Standards of Disclosure for Mineral [...]
Niobay Metals Inc. is pleased to provide an update of activities related to the Company’s James Bay Niobium Project , in addition to a corporate update. James Bay Niobium Project Following the completion of the drill program , Roscoe Postle Associates initiated work related to the Project’s Mineral Resource Estimate update. The update is progressing as expected and is expected to be published next month. SGS Lakefield [...]
Niobay Metals Inc. is pleased to announce that, effective June 1, 2020, it has engaged Relations Publiques Paradox Inc. to provide investor relations services to NioBay. Paradox is a Montreal based investor relations consultancy firm that has been in business for over 15 years. Paradox has represented a number of public companies through its extensive network and experience in the capital markets. Paradox will increase [...]
Niobay Metals Inc. is pleased to announce the appointment of Mr. Derek Teevan to the position of Vice President, Aboriginal & Governmental Affairs. Mr. Teevan has over 20 years of experience in the mining industry, and previously held various C-Suite positions at Detour Gold and De Beers Canada. “We are thrilled that Derek has officially joined the growing NioBay team. Derek was instrumental in obtaining the numerous [...]
Niobay Metals Inc. is pleased to announce new and significant high-grade intersections at the James Bay Niobium Project in Northern Ontario. These results are in addition to the announcement of April 8th, 2020. The assay results for the remaining four drill holes are in-line with the previous three holes. In total, the Company completed seven drill holes for a total of 3,090 metres, and confirmed; The presence of a [...]
Niobay Metals Inc. is pleased to announce significant high-grade intersections at the James Bay Niobium Project in Northern Ontario. The Company is pleased to announce assay results for the first three drill holes subsequent to the completion of its drilling program. In total, the Company completed seven drill holes for a total of 3,090 metres. The results of the remaining drill holes are pending and will be disclosed [...]
Niobay Metals Inc. reports the successful completion of the winter drill program as of March 7th, 2020. The Company has decided to postpone geophysics surveys on its James Bay Niobium and Valentine properties considering the current context of the COVID-19 crisis. DRILL PROGRAM HIGHLIGHTS A total of seven holes totalizing 3,090 metres were drilled to test the extension of a high-grade zone at depth. The Company is excited [...]
Niobay Metals Inc. is pleased to announce that the drill program at its James Bay Niobium Project is underway. EXPLORATION PROGRAM The Program consists of seven drillholes . The Program will i) test a high-grade zone laterally and at depth, ii) will provide material for metallurgical testing, and iii) will gather geotechnical information. The Program will last approximately six weeks, and assays results will be published [...]
Niobay Metals Inc. is pleased to provide an update on the upcoming drill program at its James Bay Niobium Project , in addition to announce the closing of a financing. EXPLORATION PROGRAM Following the signature of a Protection Agreement with Moose Cree First Nation , NioBay is pleased to announce that major contracts have been awarded and that the drilling campaign will began on the first week of February 2020. The [...]
Moose Cree First Nation , and Niobay Metals Inc. are pleased to announce that they have signed a Protection Agreement . The PA allows NioBay to proceed with its planned winter 2020 drilling program at the James Bay Niobium Project site. This PA provide a framework for beginning to build a mutually cooperative, respectful, and beneficial relationship between the Parties, including a mechanism for effective communication [...]
Niobay Metals Inc. is pleased to announce the closing of non-brokered private placement totaling $2.3 million, broken down as follows: 4,525,698 units at a price of $0.385 per FT Unit for proceeds of $1,724,394. Each FT Unit being comprised of one common share of NioBay, that will qualify as "flow-through shares" of the Income Tax Act ) and one half common share purchase warrant, each full warrant entitling its holder to [...]