Business
Niobay Metals: Signing of a cooperation agreement with the Pekuakamiulnuatsh Nation for the Crevier Project
MASHTEUIATSH, Quebec, Feb. 28, 2023 (GLOBE NEWSWIRE) -- NioBay Metals Inc. (“NioBay” or the “Company”) NioBay Metals Inc. and Pekuakamiulnuatsh Takuhikan announ

About this update from Niobay Metals Inc.
[{"type":"text","content":" MASHTEUIATSH, Quebec, Feb. 28, 2023 (GLOBE NEWSWIRE) -- NioBay Metals Inc. (“NioBay” or the “Company”) NioBay Metals Inc. and Pekuakamiulnuatsh Takuhikan announce the signing of a cooperation agreement for the advanced exploration and development of the Crevier Project. The cooperation agreement signed today in Mashteuiatsh, in the presence of the Chief of the Pekuakamiulnuatsh Nation, Gilbert Dominique and the President of Niobay and Crevier Minerals, Jean-Sébastien David, aims to provide a framework for future work that will assist in the development of the Crevier Project. Members of the Katakuhimatsheta (council of elected officials) of the Pekuakamiulnuatsh Nation and members of the board of directors of Niobay and Crevier Minerals were also present on this occasion. The Crevier Project is located approximately 53 km north of the municipality of Girardville on the Nitassinan of the Pekuakamiulnuatsh Nation. This agreement follows advanced prospecting work and a 4,000-metre drilling campaign carried out in 2022 with the objective of determining the presence of niobium and tantalum. “Today's cooperation agreement is a first formal gesture in relation to the exploration work of the Crevier Project that will take place on Nitassinan, our territory. It is this type of cooperation that we wish to establish in the assertion of our ancestral rights, notably our inherent right to self-determination, and our ancestral title, and we are satisfied that the promoters were concerned about involving us upstream of this project, with the support of our Economy and Strategic Partnerships Unit,” emphasized the Chief of the Pekuakamiulnuatsh Nation, Gilbert Dominique. “It has always been clear to us that this project would be carried out in collaboration with the Pekuakamiulnuatsh, without forgetting the stakeholders in this sector. This agreement will allow us to maximize the benefits for the community while setting the course for future work,” said Jean-Sébastien David, President and Chief Executive Officer. “We are very excited about today's agreement and we are confident that our collaboration will be a great success,” said Serge Savard, Chairman of the Board of Directors of NioBay. About NioBay Metals Inc. NioBay is a company focused on exploration, development and use of critical green metals with an Environmentally, Sustainable, Gover...