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NioBay Confirms Extension of Mineralization on Its Crevier Project and Intersects Rare Earth Elements in Its Northernmost Holes
MONTREAL, Sept. 11, 2025 (GLOBE NEWSWIRE) -- NioBay Metals Inc. (“NioBay” or the &#...
About this update from Niobay Metals Inc.
[{"type":"text","content":"NioBay Confirms Extension of Mineralization on Its Crevier Project and Intersects Rare Earth Elements in Its Northernmost Holes\n\n\n\n MONTREAL, Sept. 11, 2025 (GLOBE NEWSWIRE) -- NioBay Metals Inc. (“NioBay” or the “Company”) (\n \n\n TSX-V: NBY\n \n\n ) (\n \n\n OTCQB: NBYCF\n \n\n ) is proud to announce the first results of the 2025 summer drill campaign (the “2025 Campaign”) on the Crevier niobium (Nb) and tantalum (Ta) project (the “Crevier Project”), of which it owns 72.5%. 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 (or ancestral territory) of the Pekuakamiulnuatsh, whose main population center is Mashteuiatsh.\n \n\n\n First Results Received to Date from the 2025 Campaign\n \n\n\n The Company completed the 2025 Campaign in August 2025. This 15-hole campaign, covered 3,324 m, consisted, among other things, of verifying the continuity of mineralization in the northwest and southeast sectors. This Campaign was made possible thanks to the participation of the Government of Québec through the\n \n Mining Exploration Support Program for Critical and Strategic Minerals of the Ministère des Ressources naturelles et des Forêts (MRNF)\n \n . The Company can confirm that mineralized zones have been intersected and the results for these zones for the first eight drill holes are presented below. This information will be added to the historical information and will be used to update a resource estimate. We can now observe the presence of mineralization over more than 6 km. Other results will follow soon.\n \n\n This campaign will also allow the recovery of mineralized material in order to conduct a second pilot test, which is expected to represent more than 10 times the volume of the first pilot test. For Crevier in 2025, we still need to collect a bulk sample in early fall, again with the goal of having representative material for the next pilot.\n \n\n\n Table 1: Composites of Intercepted Mineralization for Nb2O5\n \n\n\n\n\n Drill Hole\n \n\n From\n \n\n To\n \n\n Nb2O5\n \n\n Length\n \n\n\n\n\n\n (m)\n \n\n (m)\n \n\n %\n \n\n (m)\n \n\n\n\n 1532-25-01\n \n\n 116.10\n \n\n 126.00\n \n\n 0.2273\n \n\n 9.90\n \n\n\n\n 1532-25-01\n \n\n 128...