Table 2: Location of drilling collars (UTM NAD83)
| Hole ID | Easting
(UTM N83) |
Northing
(UTM N83) |
Elev. (m) | Azimuth | Dip | Length (m) |
| 1532-23-01 | 661350 | 5481589 | 437 | 45 | -83 | 300 |
| 1532-23-02 | 662491 | 5480478 | 408 | 225 | -85 | 402 |
| 1532-23-03 | 660645 | 5482470 | 368 | 230 | -45 | 285 |
Offsetting our GHG emissions
To make up for the 42.21 tonnes CO2e of greenhouse gas (GHG) emissions created throughout the drilling project and the local expedition project, NioBay has actually made a contribution to Carbone Boréal (https://carboneboreal.uqac.ca), which will compensate by planting 305 trees in the province of Québec.
A word from the President and CEO of NioBay Metals about Crevier
“We’re happy to reveal these outcomes, and in specific the crossways experienced in Hole 02, which is more than a kilometre from the primary zone and, what’s more, appears to show an extension of this zone,” stated Jean-Sebastien David, geo., President and CEO of NioBay. “Higher tantalum grades, compared to the resource computation, were likewise obstructed in this exact same hole over more than 20 m. We’re eagerly anticipating the remainder of the outcomes.”
Following the conclusion of research studies that suggest favorable metrics for this job, the output at Crevier would be devoted specifically to the production of niobium oxide for battery producers.
Certified individual
This news release has actually been examined and authorized by Jean-Sébastien David, P.Geo., a certified individual under National Instrument 43-101. Mr. David is President and CEO of NioBay Metals Inc.
About NioBay Metals Inc.
NioBay intends to end up being a leader in the advancement of mine(s) with low carbon intake and accountable water and wildlife management practices while focusing on the environment, social obligation, great governance, and the addition of all stakeholders. Our leading concern, which is crucial to our success, is the authorization and complete involvement of the Indigenous neighborhoods in whose areas and/or ancestral lands we run.
The Company holds, in addition to others, a 100% interest in the James Bay Niobium Project situated 45 km south of Moosonee, in the Moose Cree Traditional Territory of the James Bay Lowlands in Ontario. NioBay likewise holds a 72.5% interest in the Crevier Niobium and Tantalum job found in Quebec and on the Nitassinan area of the Pekuakamiulnuatsh First Nation.
About Niobium
Niobium is a naturally taking place component. It is a metal that is ductile, flexible and extremely resistant to deterioration. Since it boosts homes and performances, niobium is utilized in a wide variety of products and applications in the Mobility, Structural and Energy sectors. Niobium changes products. When contributed to products like steel, glass and aluminum castings, niobium makes them more effective and reduces ecological effects, while likewise providing other advantages such as much better efficiency, enhanced security and increased worth.
FOR ADDITIONAL INFORMATION, CONTACT:
NioBay Metals Inc.
Jean-Sebastien David, geo.
. President & Chief Executive Officer
Tel.: 514 866-6500
Kimberly Darlington
Financier Relations
514-771-3398
Cautionary Statement
Specific declarations included in this news release make up positive info under the arrangements of Canadian securities laws consisting of declarations about the Company’s strategies. Such declarations are always based upon a variety of beliefs, presumptions, and viewpoints of management on the date the declarations are made and go through various dangers and unpredictabilities that might trigger real outcomes and future occasions to vary materially from those expected or predicted. The Company carries out no commitment to upgrade these positive declarations in case management’s beliefs, price quotes or viewpoints, or other elements ought to alter, other than as needed by law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is specified in the policies of the TSX Venture Exchange) accept obligation for the adequacy or precision of this release.