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Thursday, 08/29/2019 5:08:45 PM

Thursday, August 29, 2019 5:08:45 PM

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NioBay Metals Announces the Receipt of Its Exploration ...


Jan 30, 2019 · MONTREAL, Jan. 30, 2019 (GLOBE NEWSWIRE) -- NioBay Metals Inc. (“NioBay” or the “Company”) is pleased to announce that the Ministry of Energy, Northern Development and Mines (‘’MENDM’’) of Ontario has issued the exploration permit for an upcoming exploration program at its James Bay Niobium Project.The MENDM has lifted the temporary hold that had been put in place …Development and Mines (‘’MENDM’’) of Ontario has issued the exploration permit for an upcoming exploration program at its James Bay Niobium Project. The MENDM has lifted the temporary hold that had been put in place on NioBay’s exploration application filed in October 2016. The exploration permit is subject to certain terms and conditions in order to mitigate any potential adverse impact on the environment.
The main objective of the drilling program is to test the continuity of the high-grade zones of the deposit both laterally and at depth. The recovered core will also allow the Company to continue the metallurgy testing on the ore of the Project. A total of 3,000 meters over 8 holes are planned for this program. See attached map: James Bay Niobium Project 2019 ddh Proposal.
The Company plans to host an information session with the Moose Cree First Nation leadership before commencing the drilling program. The specific timing of the program will be determined later but we are planning for a summer program.
Further, the Company is also pleased to announce the opening of an Information Center in Moosonee. The purpose of the Center is to provide information to the local community on the James Bay Project in general and the proposed drilling program.
James Bay Niobium Resources