NioBay Metals Inc. · TSXV:NBY

NioBay Metals — Investor Presentation (May 2019)

16 slides from NioBay Metals's investor presentation, May 2019

  1. Slide 1: Crevier Project

    Diversified Junior Exploration Company Crevier Project May 2019

  2. Slide 2: Introduction Crevier

    Introduction Crevier ▪ The Crevier Tantalum and Niobium project is located 65km north of the municipality of Girardville, Québec. ▪ Two metals identified as green and critical by the United States and the EU. ▪ Demand rising strongly in technological applications. ▪ Crevier would become the only Nio

  3. Slide 3: Location

    Location ▪ Located in the mining friendly region of Lac St-Jean, province of Quebec, Canada. ▪ Supported by Quebec government’s Plan Nord and local first nation group. ▪ Easy access: ▪ 85 km north of Dolbeau-Mistassini. ▪ Road access to site. ▪ Industrial region: ▪ Rio Tinto Alcan smelters. CREVIER

  4. Slide 4: Deposit

    Deposit Mineralized Zone Nb-Ta 1Km LEGEND @ Biotite and carbonatite syenite Nepheline syenite Syenite WN Metamorphic gneiss = Mineralized zone in syenite dykes Fault Presumed LAGORCE TWP CREVIERTWP thy, | Property Boundary NioBa METALS y DBLIS+00N G Eo RS LISTED O

  5. Slide 5: Mineralization

    Mineralization ▪ The pegmatite nepheline syenite dyke is mainly composed by albite and nepheline with very large crystals. ▪ The other minerals are biotite, zircon, pyrochlore, magnetite, pyrrhotite and less frequently sodalite and cancrinite. ▪ Pyrochlore grains are disseminated between the Porphyr

  6. Slide 6: Geology Section

    Geology Section Nepheline Syenite Pegmatite Nepheline Syenite 0.248 % Nb2O5 0.032 % Ta2O5 / 21.00 m Albite-Carbonate-Hermatite Alteration Carbonate Biotite 0.195 % Nb2O5 0.025 % Ta2O5 / 25.50 m 6

  7. Slide 7: Resources (NI 43-101)

    Resources (NI 43-101 ) ▪ World class Niobium and Tantalum resource: ▪ Comparable grades to actual producing mines and developing projects. ▪ 25+ years of mine life at 1 million tons per year throughput. ▪ Exploration works are to extend the resource southeast. Tonnage Grade (Million tons) Nb2O5 (%)

  8. Slide 8: Tantalum - Electronics Supply Chain

    Tantalum - Electronics Supply Chain Conflict Source Route Negociant Comptoir Traders Smelter Mine Processor (Concentrate) (Ta2O5 or K-Salt) Direct Route Electronic Electronic Refined Product Component Product (OEM) (Capacitor) (Capacitor powder) Conflict-free mineral policy* Dodd-Frank Act Section 1

  9. Slide 9: Niobium - Superalloys Supply Chain

    Niobium - Superalloys Supply Chain Crevier Crevier (?) Mine/Processor Alloys manufacturer (Concentrate) (Nb2O5) (Masteralloys) (Superalloys) Aircraft Jet Engine Jet Engine Manufacturer Manufacturer Component 9

  10. Slide 10: Superalloys: Jet Engine Main Components

    Superalloys: Jet Engine Main Components HP COMPRESSOR FAN BLADES LP TURBINE Cobalt, Chromium DISCS Cobalt, Chromium, Hafnium BLADES Niobium Cobalt, Chromium Tantalum Tantalum Titanium, Tungsten Niobium Titanium, Tungsten Vanadium (Ti alloys) Tantalum Vanadium (Ti alloys) Tungsten HP TURBINE DISCS Co

  11. Slide 11: Metallurgy

    Metallurgy ▪ SGS Pilot plant testing in 2012. ▪ Using approximately 250 tonnes of mineralization collected from a near- surface location grading 0.02% Ta2O5 and 0.21% Nb2O5, similar to the resource average ▪ SGS Hydromet testing in 2012. ▪ Confirmed the amenability of the Crevier pre-concentrate to

  12. Slide 12: Environment

    Environment ▪ According to the Department of Natural Resources and Wildlife (MRNF) and the Ministry of Sustainable Development, Environment and Parks (MDDEP), ▪ No mention of plants threatened, vulnerable or likely to be so designated is reported for the area covered by the Project. ▪ No exceptional

  13. Slide 13: Crevier Project: Planning

    Crevier Project: Planning 2010 ▪ Preliminary Economic Assessment. 2010 ▪ Resources update (NI 43-101). 2012 ▪ Pilot plant SGS. Done 2013 ▪ Pilot Plant COREM. ▪ 1975: Discovery by SOQUEM ▪ 2008: Crevier Minerals Inc. (CMI) acquire the property from Iamgold in exchange of a 50% stake ▪ 1986: Transfer

  14. Slide 14: Update Prefeasibility 2019

    Update Prefeasibility 2019 ▪ Open Pit Optimization vs 2010 ▪ 6 smaller pits vs 1 ▪ Reduction strip ratio first years ▪ 75% of waste disposed in pits ▪ Reduction of the strip ratio (<24%) mainly first years. ▪ CAPEX & OPEX ▪ Reduction expected vs 2010. ▪ Power ▪ Reagents 20 000 10 18 000 9 16 000 8 S

  15. Slide 15: Strategy

    Strategy ▪ NBY intend to create a Niobium and Tantalum mine-to-smelter industry in North-America. Local Financial Partners Tantalum oxide / K-salt: Offtake. TBC Crevier Mine in Quebec Niobium oxide: Alloys manufacture by Crevier? ▪ Discussion over construction of a Demonstration plant. ▪ Offtakes ag

  16. Slide 16: Conclusion

    Conclusion ▪ The Crevier deposit hosts a world-class resource of Niobium & Tantalum. ▪ Only Niobium & Tantalum project in North America. ▪ Demand growth fundamentals are strong. ▪ Consolidation trend in the supply chains in order to secure supply. ▪ Well developed end-market in North America. ▪ Soli

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