Niobay Metals Inc. (NBYCF)

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MORE ON THR SALE OF NIOBUIM PROPERTY (SRSR)

http://www.niotechcorp.com/index.php/blog/19-joomla/82-igex-announces-acquisition-of-the-nemegosenda-project

Nio Tech Corp is an early stage mining development company based in the United States with the ultimate goal of becoming one of the few strategic suppliers of Niobium. Nio Tech Corp is actively engaged in the exploration and development of its Nemegosenda property, located 35 miles from Chapleau, Ontario. First explored in the 1950s, modern exploration techniques have verified that the Nemegosenda property contains significant niobium mineralization throughout its 9000 acres of easily accessible land. In a climate of growing demand for niobium and diversity of suppliers, Nio Tech plans to develop this wholly-owned deposit into a truly world-class resource.
To increase weldability and tensile strength in steel, additions of niobium are added to the alloy.

Niobium is used extensively in the aerospace industry because of its high temperature resistance.

Niobium is a soft, greyish, ductile transition metal.
There are many commercial uses for Niobium, among
them, high strength, low alloy steels (HSLA).

Latest News
IGEX Announces acquisition of the Nemegosenda Project
Sarissa announces the sale of the Nemegosenda Project
Specialty metals and Rare Earth elements are the building blocks of a modern society and, while we may not realize it, many of them feature prominently in our lives. Niobium is no exception. The United States and most developed countries have included Niobium in the list of critical metals as the play an important role in national security. Niobium is used in gas pipelines, building construction, bridge construction, automotive manufacturing, aerospace and ever-growing uses in the electronics we use every day.

Just $9 of Niobium used in the construction of a car can reduce its weight by 100kg, a savings which can reduce fuel consumption by 5% which reduces emissions. **Source: World Steel Association

In August 2016, researchers at the University of Texas developed a new process which uses niobium oxide to turn ordinary windows into “smart windows,” glass which can change properties (e.g. transparent to opaque) at the touch of a button. In the coming years, such uses for Niobium are undoubtedly going to increase, and that means demand for this specialty metal is going to continue to increase. **Source: University of Texas at Austin, August 22, 2016
During the 1950s and 1960s, the USGS flew over North America and used airborne magnetometers to find anomalies in the Earth's magnetic field that could signify big rare earth deposits. Since then, mining companies have taken it upon themselves to confirm the presence of these deposits. Nio Tech Corp’s wholly-owned Nemegosenda property is one of these rare earth deposits. Consequently, Nio Tech Corp is positioned to enter the marketplace as the first additional supplier of Niobium in over 40 years.
Some rare earth metals are actually quite commonplace, but Niobium is a metal which is scarce in North America. Most of the existing deposits are located deep underground, thereby significantly reducing their economic viability. In contrast, the Nemegosenda property is located in mining-friendly Ontario; easily accessible to highways, railways and power, and perhaps the most important of all, the deposit of Niobium is very close to the surface.
About NioTech
Nio Tech Corp is an early stage mining development company based in the United States with the ultimate goal of becoming one of the few strategic suppliers of Niobium.
Latest News
IGEX Announces acquisition of the Nemegosenda Project
13 October 2016

Sarissa announces the sale of the Nemegosenda Project
13 October 2016

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