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Niobay Metals Announces the Presence of Mineralization West of the Known Zone on the Crevier Property
MONTRÉAL, April 20, 2023 (GLOBE NEWSWIRE) -- NioBay Metals Inc. (“NioBay” or the “Company”) (TSX-V: NBY) (OTCQB: NBYCF) is pleased to share the first assay resu
About this update from Niobay Metals Inc.
[{"type":"text","content":" MONTRÉAL, April 20, 2023 (GLOBE NEWSWIRE) -- NioBay Metals Inc. (“NioBay” or the “Company”) (TSX-V: NBY) (OTCQB: NBYCF) is pleased to share the first assay results received from drilling on its Crevier niobium and tantalum project, located 53 km north of the municipality of Girardville, Québec (the “Crevier Project”). A drill campaign took place from September to November 2022, and a total of 10 drill holes (4,000 m) were completed (Press release dated December 14, 2022). The drill holes targeted positions outside of the known zone in order to validate a new interpretation. Boulders identified during an advanced prospecting campaign completed throughout the summer of 2022 also helped to position the holes. The partial results presented here are from holes 01, 06 and the beginning of hole 09, positioned 200 m to 1,100 m west of the known zone in an area not previously drilled. Table 1: Composites of intersected mineralization HOLE From(m) To(m) Length(m) Nb2O5 % Ta2O5 % REE ppm* 1532-22-01 36.1 38.1 2 0.11 47.65 49.55 1.9 0.01 82.2 83.2 1 0.01 88.2 94.2 6 0.02 88.2 92.2 4 0.10 93.2 94.2 1 0.11 96.2 101.2 5 0.02 99.2 100.2 1 0.18 102.2 105.2 3 0.01 102.2 103.2 1 0.12 104.2 105.2 1 0.11 109.2 110.2 1 0.01 111.2 113.05 1.85 0.01 117.95 122.35 4.4 0.18 0.04 124.55 127.7 3.15 0.15 0.03 137.75 139.75 2 0.01 172.8 176.6 3.8 1,287.67 179.9 181.3 1.4 0.01 186.17 187.6 1.43 1,281.15 195.5 196.5 1 1,336.57 197.52 198.6 1.08 0.15 213.0 214.02 1.02 1,041.50 217.33 218.33 1 1,067.85 218.33 220.33 2 0.12 237.56 239.5 1.94 1,112.35 246.43 248.06 1.63 1,630.28 267.29 269 1.71 1,055.29 271.0 277 6 1,096.62 281.0 283 2 1,312.20 325.41 326.41 1 1,509.32 344.15 345.15 1 1,525.50 ...