NioBay Metals: Presence of High Titanium Content in the Northern Sector of the Foothills Property

About this update from Niobay Metals Inc.

[{"type":"text","content":" MONTRÉAL, Aug. 07, 2024 (GLOBE NEWSWIRE) -- NioBay Metals Inc. (“NioBay” or the “Company”) (TSX-V: NBY) (OTCQB: NBYCF) is pleased to announce that the receipt of the second set of laboratory results on the Foothills Project confirm the presence of high TiO2 (titanium) grades in rock outcrops located in the northern section of the property. This is massive ilmenite. The Foothills Project is located north of Saint-Urbain, 100 km north of Québec City and 90 km south of Saguenay (La Baie region), Québec. The project covers an area of approximately 285 km2 and is comprised of five separate claim blocks. It covers most of the contact of the intrusive zone known as the Saint-Urbain anorthosite. Results of the second series of samples from the Summer 2024 exploration campaign 150 samples were collected by the IOS Services Géoscientifiques Inc. teams, mainly on surface rock outcrops (bedrock) in sector 2 and the northern part of sector 3. The Company presents here the analyses from outcrops with a TiO2 value greater than 30%. These samples are reported on the regional map below. Table 1: Intercepted mineralization Sample number Area Type TiO2 (%) 162590024 2 Boulder 44.2% 162590171 2 Boulder 41.0% 162590172 2 Boulder 40.0% 162590319 2 Boulder 42.5% 162590034 3 Boulder 34.6% 162590035 3 Bedrock 37.9% 162590329 3 Bedrock 37.9% 162590330 3 Bedrock 38.2% 162590331 3 Bedrock 38.5% 162590332 3 Bedrock 37.7% 162590333 3 Bedrock 38.0% 162590037 3 Bedrock 36.3% 162590064 3 Bedrock 30.6% 162590065 3 Bedrock 37.5% 162590069 3 Bedrock 35.5% 162590070 3 Bedrock 34.7% 162590075 3 Bedrock 39.8% 162590076 3 Bedrock 38.0% 162590077 3 Bedrock 38.7% 162590079 3 Bedrock 39.5% 162590080 3 Bedrock 38.1% 162590082 3 Bedrock 37.5% 162590083 3 Bedrock 40.2% 162590084 3 Bedrock 39.6% 162590085 3 Bedrock 37.8% 162590086 3 Bedrock 37.8% 162590104 3 Bedrock 36.6% 162590106 3 Boulder 32.9% 162590107 3 Bedrock 32.1% 162590110 3 Sub-bedrock 32.9% 162590112 3 Bedrock 37.7% 162590113 3 Bedrock 35.8% 162590114 3 Bedrock 38.0% 162590192 3 Bedrock 36.7% 162590193 3 Bedrock 35.9% 162590200 3 Bedrock 36.4% 162590201 3 Bedrock 40.3% 162590203 3 Bedrock 36.1% 162590204 3 Bedrock 36.1% 162590210 3 Bedrock 37.8% 162590212 3 Bedrock 34.6% 162590213 3 Bedrock 38.3% 162590215 3 Bedrock 38.4% 162590335 (New showing discovered north of the Brassard showing) 3 Bedrock 38.0% 162590336 ...

More updates from Niobay Metals Inc.