NioBay Confirms Receipt of an Exploration Permit for its James Bay Niobium Project

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[{"type":"text","content":"NioBay Confirms Receipt of an Exploration Permit for its James Bay Niobium Project\n\n\n\n MONTREAL, Oct. 09, 2025 (GLOBE NEWSWIRE) -- NioBay Metals Inc. (“\n \n NioBay”\n \n or the “\n \n Company”\n \n ) (\n \n TSX-V: NBY)\n \n (\n \n OTCQB: NBYCF\n \n ) confirms receipt of a notice from the Ontario government. This notice announced the granting of a new exploration permit for the James Bay Niobium Project located 42 km south of the town of Moosonee, Ontario. It should be noted that NioBay also holds a mining lease which is valid until October 2028.\n \n\n\n Permits and Work\n \n\n This permit is valid for three years and will allow for the resumption and completion of the drilling campaign that was suspended at the request of the Moose Cree First Nation (“MCFN”) on March 17, 2022. The new exploration campaign addresses the community's concerns about water management by modifying the drilling pattern to move away from South Bluff Creek. This permit will require a helicopter-borne campaign and strict water and drilling mud management. These requirements were met by the Company during the last drilling campaign.\n \n\n\n Land Acknowledgement\n \n\n NioBay’s Board of Directors acknowledges that the James Bay Niobium Project is part of Treaty 9 and constitutes the core territory of the Moose Cree First Nation. We respect the Indigenous rights and interests of Moose Cree and the Treaty 9 Indigenous communities.\n \n\n\n Message from the President and Chief Executive Officer of NioBay Metals on Crevier\n \n\n “The geopolitical context has changed significantly over the past two years regarding critical and strategic minerals; we consider that this permit was granted with this in mind, which is to be able to count on Canadian metals to supply our supply chains in the country. We acknowledge this permit, but we do not intend to conduct the next exploration program without the contribution of members of the local community. Our modus operandi will be the same as for our various projects elsewhere in Canada, namely to involve the local community in the planning and execution of the work. It is a priority for the Company to work with the MCFN to advance this exploration work,” said Jean-Sébastien David, geologist, President and CEO of NioBay.\n \n\n\n Qualified Perso...

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