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It was published on February 26, 2025 • 4 minutes read
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Montréal, February 26, 2025 (Globe Newswire)-NIOBAY METALS Inc. (“” Niobay “or” The Company “) (TSX-V: NBY) (OTCQB: Nbycf) proud to announce its exposure to Titanium in many surface drilling holes that were implemented in District 1, on the feature of hills, located on the lands of Séminaire de Quebec .
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The company submitted a request to obtain a mandate for the impact projects with the Ministry of Natural Resources with the aim of conducting an excavation campaign once the mandate is received. Below, the company provides TIO results2 Metal areas of interest, from the Fall 2024 Explore campaign.
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The Foothills project north of Saint-Furbain is located, 100 km north of Quebec and 90 km south of Saguenay (La Baie region), Quebec. The project covers an approximate area of 285 km2 It includes five separate claims. Most contact with the intrusive area known as Saint-Urbain Anorthosite.
It should be noted that drilling works generate 32.14 tons of Co2 The equivalent. The donation was given to Carbone Boreal (University of Quebec in Chicoutimi) as compensation.
Result schedule
The compact intersections of 8 % TI cut, at length at least 1 m and the maximum internal dilution of 1 m.
| Drill | From (m) | To (m) | Length (m) | Reducing (m) | TIO2 ( %) |
| 1625-24-002 | 89.75 | 153.00 | 63.25 | 1.00 | 10.57 |
| 1625-24-002 | 185.00 | 186.80 | 1.80 | 0.00 | 17.09 |
| 1625-24-002 | 220.80 | 226.55 | 5.75 | 0.00 | 22.36 |
| 1625-24-003 | 135.25 | 149.00 | 13.75 | 0.00 | 12.62 |
| 1625-24-003 | 151.00 | 156.00 | 5.00 | 0.50 | 19.13 |
| 1625-24-003 | 172.30 | 180.00 | 7.70 | 0.00 | 14.44 |
| 1625-24-004 | 154.10 | 158.40 | 4.30 | 0.00 | 14.73 |
| 1625-24-006 | 16.50 | 18.80 | 2.30 | 0.00 | 9.22 |
| 1625-24-006 | 25.00 | 30.45 | 5.45 | 0.70 | 11.76 |
| 1625-24-006 | 37.00 | 38.00 | 1.00 | 0.00 | 8.01 |
| 1625-24-006 | 48.00 | 49.00 | 1.00 | 0.00 | 14.60 |
| 1625-24-007 | 44.20 | 47.00 | 2.80 | 0.00 | 11.14 |
| 1625-24-007 | 49.00 | 62.65 | 13.65 | 0.00 | 10.56 |
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June 2024 Excavation area and website samples
Map 2: Drilling site site
A message from the president
“We have finally managed to present our results from region 1. We were surprised by degrees in some holes. The next step will be to drill on section 3. A request for permission for this area has been submitted. Remember that sector 3 showed very good surface values in titanium (Press statement on August 7, 2024))Mr. David concluded.
Pdac 2025
Niobay will be in PDAC again this year from March 2 to 5Y Comprehensive, at the Toronto Convention Center. Come to our benefit in the 3015 kiosk.
Qualified
This press statement was reviewed and approved by Mr. Mikael Block, P.GEO, a person eligible under the National Tool 43-101. Mr. Block is a project manager who works at iOS Services Géoscienceifiques.
About Niobay Metals Inc.
Niobay aims to become a leader in the development of a mine (mine) with lower carbon consumption, water management practices and the responsible wildlife while giving priority to the environment, social responsibility, good governance, and the inclusion of all stakeholders. Our maximum priority, which is necessary for our success, is the approval and full participation of the original societies in which we operate their lands and/or the ancestral lands.
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In addition to other characteristics, Niobay carries a 100 % interest in the James Bay Niobium project, which is located 45 km south of Mooosonee, in the traditional MooSe Cree region of James Bay in Ontario. NIOBAY also has a 72.5 % interest in the Crevier Niobium and Tantalum project located in Quebec and on the territory of Netasinan in Pekuakamiulnuatsh First Nation. The company also has an option to get an interest in 80 % in the Foothills project, a phosphate titanium project located near the former St-Furbain site in Quebec.
About titanium
Ti (TI) is like steel, but it is less dense. So it is important, such as the alloys industry with many minerals, including aluminum, molybdenum and iron. These alloys are mainly used in aircraft and spacecraft due to their low density and their ability to withstand maximum temperatures. It is also used in sports equipment, laptops, bicycles and medical artificial limbs. Recently, this metal has been used in some battery components.
Warning
Some of the data mentioned in this press statement constitute aspective information under the provisions of Canadian Securities Laws, including data on the company's plans. These phrases necessarily depend on a number of beliefs, assumptions, and administration opinions on the date of the data and are subject to many risks and doubts that can cause actual results and future events that differ financially from those or expected. The company does not undertake any commitment to update these aspirations data in the event that the management of the administration, its estimates, or its opinions, or other factors must change, except for what is required under the law.
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TSX Venture Exchange nor an organizational service provider (as specified in TSX project exchange policies) is responsible for the adequacy or accuracy of this version.
For more information, call:
Niobay Metals Inc.
MPM
President and CEO
jsdavid@niobaymetals.com
Kimberly Darlington
Investor relations
Kimberly@refinedsubstance.com
Phone: 514-771-3398
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https://www.globenewswire.com/newsroom/attachmentng/79550ACC-c4CE-4E20D-13463ccafa16
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The post NioBay Metals Intercepts Up to 22% Titanium (TiO₂) in its Drillings on Zone 1 of the Foothills Property first appeared on Investorempires.com.