Presence of High Titanium Content in the Northern Sector of the Foothills Property
Presence of High Titanium Content in the Northern Sector of the Foothills Property
MONTRÉAL, Aug. 07, 2024 (GLOBE NEWSWIRE) -- NioBay Metals Inc. ("NioBay" or the "Company") (TSX-V: NBY) (OTCQB: NBYCF) is pleased to announce that the receipt of the second set of laboratory results on the Foothills Project confirm the presence of high TiO2 (titanium) grades in rock outcrops located in the northern section of the property. This is massive ilmenite. The Foothills Project is located north of Saint-Urbain, 100 km north of Québec City and 90 km south of Saguenay (La Baie region), Québec. The project covers an area of approximately 285 km2 and is comprised of five separate claim blocks. It covers most of the contact of the intrusive zone known as the Saint-Urbain anorthosite.
2024年8月7日，加拿大蒙特利爾（GLOBE NEWSWIRE）--NioBay Metals Inc.（簡稱“NioBay”或“公司”）（TSX-V：NBY）（OTCQB：NBYCF）很高興宣佈，收到有關Foothills項目第二組實驗室結果的報告確認了物業北部岩石露頭的高TiO2（鈦）品位。這是大型鈦鐵礦。Foothills項目位於魁北克省聖烏爾班以北，距離魁北克市以北100公里，距離薩圭內以南90公里（La Baie區），佔地約285平方公里，由五個獨立索賠塊組成。它覆蓋了被稱爲聖烏爾班斜長巖的侵入帶的大部分接觸面。
Results of the second series of samples from the Summer 2024 exploration campaign
150 samples were collected by the IOS Services Géoscientifiques Inc. teams, mainly on surface rock outcrops (bedrock) in sector 2 and the northern part of sector 3. The Company presents here the analyses from outcrops with a TiO2 value greater than 30%. These samples are reported on the regional map below.
2024年夏季勘探活動第二輪樣品的結果
IOS Services Géoscientifiques Inc.團隊收集了150個樣本，主要是在2號區和3號區北部的表層岩石露頭（基岩）上進行的。本公司在此提供了具有TiO2值大於30％的露頭的分析。這些樣本報告如下的區域圖。
Table 1: Intercepted mineralization
表1：截獲的礦化物
| Sample number | Area | Type | TiO2 (%) |
| 162590024 | 2 | Boulder | 44.2% |
| 162590171 | 2 | Boulder | 41.0% |
| 162590172 | 2 | Boulder | 40.0% |
| 162590319 | 2 | Boulder | 42.5% |
| 162590034 | 3 | Boulder | 34.6% |
| 162590035 | 3 | Bedrock | 37.9% |
| 162590329 | 3 | Bedrock | 37.9% |
| 162590330 | 3 | Bedrock | 38.2% |
| 162590331 | 3 | Bedrock | 38.5% |
| 162590332 | 3 | Bedrock | 37.7% |
| 162590333 | 3 | Bedrock | 38.0% |
| 162590037 | 3 | Bedrock | 36.3% |
| 162590064 | 3 | Bedrock | 30.6% |
| 162590065 | 3 | Bedrock | 37.5% |
| 162590069 | 3 | Bedrock | 35.5% |
| 162590070 | 3 | Bedrock | 34.7% |
| 162590075 | 3 | Bedrock | 39.8% |
| 162590076 | 3 | Bedrock | 38.0% |
| 162590077 | 3 | Bedrock | 38.7% |
| 162590079 | 3 | Bedrock | 39.5% |
| 162590080 | 3 | Bedrock | 38.1% |
| 162590082 | 3 | Bedrock | 37.5% |
| 162590083 | 3 | Bedrock | 40.2% |
| 162590084 | 3 | Bedrock | 39.6% |
| 162590085 | 3 | Bedrock | 37.8% |
| 162590086 | 3 | Bedrock | 37.8% |
| 162590104 | 3 | Bedrock | 36.6% |
| 162590106 | 3 | Boulder | 32.9% |
| 162590107 | 3 | Bedrock | 32.1% |
| 162590110 | 3 | Sub-bedrock | 32.9% |
| 162590112 | 3 | Bedrock | 37.7% |
| 162590113 | 3 | Bedrock | 35.8% |
| 162590114 | 3 | Bedrock | 38.0% |
| 162590192 | 3 | Bedrock | 36.7% |
| 162590193 | 3 | Bedrock | 35.9% |
| 162590200 | 3 | Bedrock | 36.4% |
| 162590201 | 3 | Bedrock | 40.3% |
| 162590203 | 3 | Bedrock | 36.1% |
| 162590204 | 3 | Bedrock | 36.1% |
| 162590210 | 3 | Bedrock | 37.8% |
| 162590212 | 3 | Bedrock | 34.6% |
| 162590213 | 3 | Bedrock | 38.3% |
| 162590215 | 3 | Bedrock | 38.4% |
| 162590335 (New showing discovered north of the Brassard showing) | 3 | Bedrock | 38.0% |
| 162590336 (New showing discovered north of the Brassard showing) | 3 | Bedrock | 38.0% |
| 162590337 (New showing discovered north of the Brassard showing) | 3 | Bedrock | 32.5% |
| 162590338 (New showing discovered north of the Brassard showing) | 3 | Bedrock | 35.8% |
| 162590339 (New showing discovered north of the Brassard showing) | 3 | Bedrock | 38.0% |
| 162590340 | 3 | Bedrock | 37.7% |
| 162590341 | 3 | Bedrock | 38.2% |
| 162590342 | 3 | Bedrock | 39.9% |
| 162590346 | 3 | Bedrock | 39.9% |
| 樣品編號 | 區域 | 類型 | TiO2（%） |
| 162590024 | 2 | Boulder | 44.2% |
| 162590171 | 2 | Boulder | 41.0% |
| 162590172 | 2 | Boulder | 40.0% |
| 162590319 | 2 | Boulder | 42.5% |
| 162590034 | 3 | Boulder | 34.6% |
| 162590035 | 3 | 基岩 | 37.9% |
| 162590329 | 3 | 基岩 | 37.9% |
| 162590330 | 3 | 基岩 | 38.2% |
| 162590331 | 3 | 基岩 | 38.5% |
| 162590332 | 3 | 基岩 | 37.7% |
| 162590333 | 3 | 基岩 | 38.0% |
| 162590037 | 3 | 基岩 | 36.3% |
| 162590064 | 3 | 基岩 | 30.6% |
| 162590065 | 3 | 基岩 | 37.5% |
| 162590069 | 3 | 基岩 | 35.5% |
| 162590070 | 3 | 基岩 | 34.7% |
| 162590075 | 3 | 基岩 | 39.8% |
| 162590076 | 3 | 基岩 | 38.0% |
| 162590077 | 3 | 基岩 | 38.7% |
| 162590079 | 3 | 基岩 | 39.5% |
| 162590080 | 3 | 基岩 | 38.1% |
| 162590082 | 3 | 基岩 | 37.5% |
| 162590083 | 3 | 基岩 | 40.2% |
| 162590084 | 3 | 基岩 | 39.6% |
| 162590085 | 3 | 基岩 | 37.8% |
| 162590086 | 3 | 基岩 | 37.8% |
| 162590104 | 3 | 基岩 | 36.6% |
| 162590106 | 3 | Boulder | 32.9% |
| 162590107 | 3 | 基岩 | 32.1% |
| 162590110 | 3 | 亞基岩 | 32.9% |
| 162590112 | 3 | 基岩 | 37.7% |
| 162590113 | 3 | 基岩 | 35.8% |
| 162590114 | 3 | 基岩 | 38.0% |
| 162590192 | 3 | 基岩 | 36.7% |
| 162590193 | 3 | 基岩 | 35.9% |
| 162590200 | 3 | 基岩 | 36.4% |
| 162590201 | 3 | 基岩 | 40.3% |
| 162590203 | 3 | 基岩 | 36.1% |
| 162590204 | 3 | 基岩 | 36.1% |
| 162590210 | 3 | 基岩 | 37.8% |
| 162590212 | 3 | 基岩 | 34.6% |
| 162590213 | 3 | 基岩 | 38.3% |
| 162590215 | 3 | 基岩 | 38.4% |
| 162590335（在Brassard展現物以北發現的新展現） | 3 | 岩石基礎 | 38.0% |
| 162590336（在Brassard展現物以北發現的新展現） | 3 | 岩石基礎 | 38.0% |
| 162590337（在Brassard展現物以北發現的新展現） | 3 | 岩石基礎 | 32.5% |
| 162590338（在Brassard展現物以北發現的新展現） | 3 | 岩石基礎 | 35.8% |
| 162590339（在Brassard展現物以北發現的新展現） | 3 | 岩石基礎 | 38.0% |
| 162590340 | 3 | 岩石基礎 | 37.7% |
| 162590341 | 3 | 岩石基礎 | 38.2% |
| 162590342 | 3 | 岩石基礎 | 39.9% |
| 162590346 | 3 | 岩石基礎 | 39.9% |
June 2024 prospecting area and sample locations
2024年6月勘探區和樣品位置
The Company has filed an application for authorization for impact projects with the Ministry of Natural Resources with the aim of carrying out a drilling campaign as soon as the work is approved. The sector targeted by this drilling campaign is located on the private lands of the Séminaire de Québec, identified as sector 1 by NioBay.
公司已向自然資源部門申請授權，以期待工作獲批後儘快開展鑽探活動。此次鑽探活動的目標區位於NioBay確定的魁北克會議大學的私有土地上，該區域被標識爲板塊1。
Message from NioBay's President and CEO on Foothills
"We are pleased to announce additional results from our exploration campaign on the Foothills Project, this time from sectors 2 and 3. Excellent concentrations of titanium were once again identified, this time in rock outcrops. The presence of massive ilmenite was identified in several areas in the northern sector of zone 3. Zone 3 has just been added to zone 1 as a drilling site. Additional results will follow from the last zones explored in July," concluded Mr. David.
NioBay總裁兼首席執行官關於Foothills的訊息
“我們很高興地宣佈，我們在Foothills項目上的勘探活動取得了額外的成果，這次是來自板塊2和3。再次從岩石露頭中發現了優良的鈦濃度，同時在區域3北部的幾個區域中發現了巨晶狀鈦鐵礦。區域3剛剛被添加到作爲鑽探現場的區域1中。最後勘探的區域將在7月份公佈更多成果。”David先生總結道。
Update on previous private placement
The Company wishes to provide additional information regarding the $981,550 private placement announced on July 26, 2024. An insider of the Company participated in the private placement and subscribed for 150,000 Quebec-eligible flow-through units for proceeds of $10,500. Such participation in the private placement is a "related party transaction" as defined in Regulation 61-101 respecting Protection of Minority Security Holders in Special Transactions ("Regulation 61-101"). The private placement was exempt from the formal valuation and minority shareholder approval requirements of Regulation 61-101 as neither the fair market value of the securities issued to insiders nor the consideration for such securities by insiders exceed 25% of the Company's market capitalization. The Company paid $65,033 in cash and issued 929,049 warrants to finders, each entitling to purchase one common share at a price of $0.07 until July 27, 2026.
之前定向增發的更新
公司希望提供有關2024年7月26日宣佈的981,550美元定向增發的額外信息。公司的一名內部人士參加了定向增發，並認購了150,000個魁北克資格流通單位，交易額爲10,500美元。內部人士參加定向增發是《特殊交易中保護少數股東制度》第61-101條規定的“關聯方交易”。定向增發豁免了《特殊交易中保護少數股東制度》規定的正式估值和少數股東批准要求，因爲無論向內部人士發行的證券的市場公允價值，還是向內部人士發行的證券的交換對價是否超過公司市值的25%。該公司支付了65,033美元現金，並向尋找者發行了929,049個認股權證，每個權證都有權以0.07美元的價格購買一股普通股，有效期爲2026年7月27日。
Qualified Person
This press release has been reviewed and approved by Jean-Sébastien David, P.Geo., a qualified person under National Instrument 43-101. Mr. David is President and CEO of NioBay.
合格人士
本新聞稿已由加拿大國家43-101號法規下的合格人員和NioBay的總裁兼首席執行官Jean-Sébastien David先生（P.Geo.）審查和批准。
About NioBay Metals Inc.
鈦(Ti)像鋼一樣堅固，但比鋼輕得多。因此，它作爲許多金屬的合金化劑尤其重要，包括鋁、鉬和鐵。這些合金主要用於飛機和航天器，因爲它們的密度低和耐受極端溫度的能力。它們也用於體育器材、筆記本電腦、自行車和醫療假肢。最近，這種金屬已被用於一些電池結構件。
NioBay aims to become a leader in the development of mine(s) with low carbon consumption and responsible water and wildlife management practices while prioritizing the environment, social responsibility, good governance, and the inclusion of all stakeholders. Our top priority, which is critical to our success, is the consent and full participation of the Indigenous communities in whose territories and/or on ancestral lands we operate. In addition to others properties, NioBay holds a 100% interest in the James Bay Niobium Project located 45 km south of Moosonee, in the Moose Cree Traditional Territory of the James Bay Lowlands in Ontario. NioBay also holds a 72.5% interest in the Crevier Niobium and Tantalum project located in Québec and on the Nitassinan territory of the Pekuakamiulnuatsh First Nation. The Company has also the option to acquire a 80% interest in the Foothills project, a titanium-phosphate project located near the former St-Urbain mine site in Québec.
NioBay旨在成爲低碳消耗、注重環境、社會責任、良好治理和納入所有利益相關者利益的採礦業領導者，以及負責任的水資源和野生動植物管理實踐倡導者。我們的首要任務是獲得經營或存在於祖傳土地上的土著社區的同意和全面參與，這對我們的成功至關重要。除了其他產業外，NioBay還持有James Bay-Niobium計劃的100%權益，位於安大略省詹姆斯灣低地的鹿晗Moose Cree傳統領土南部的Moosonee市以南45公里處。NioBay還持有Crevier鈮鉭項目的72.5%股權，該項目位於魁北克省和Pekuakamiulnuatsh第一民族的Nitassinan領地上。公司還有選擇獲得Foothills項目80%權益的選項，該項目是位於魁北克省聖烏爾班礦山遺址附近的一個鈦磷礦項目。
About Titanium
關於鈦
Titanium (Ti) is as strong as steel, but much less dense. It is therefore important as an alloying agent with many metals, including aluminum, molybdenum and iron. These alloys are mainly used in aircraft and spacecraft because of their low density and ability to withstand extreme temperatures. They are also used in sports equipment, laptops, bicycles and medical prostheses. Recently, this metal has been used in some battery components.
NioBay Metals Inc.
Cautionary Statement
聲明
Certain statements contained in this press release constitute forward-looking information under the provisions of Canadian securities laws, including statements about the Company's plans. These statements are necessarily based on a number of beliefs, assumptions and opinions of management at the date they are made and are subject to numerous risks and uncertainties that could cause actual results and future events to differ materially from those anticipated or projected. The Company assumes no obligation to update these forward-looking statements should management's beliefs, estimates or opinions, or other factors, change, except as required by law.
本新聞稿所包含的某些陳述構成根據加拿大證券法規定的前瞻性信息，包括有關公司計劃的聲明。這些聲明必須基於管理層在其製作日期的一定數量的信仰、假設和意見，並且受到無數風險和不確定性的影響。這些風險和不確定性可能導致實際結果和未來事件與預期或投射的結果有所不同。除法律規定外，本公司無需更新這些前瞻性聲明，無論是管理層的信念、估計或觀點，還是其他因素有所變化。
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.
TSX Venture Exchange及其監管服務提供商（如TSX Venture Exchange政策中所定義的）不對本發佈的充分性或準確性負責。
FOR MORE INFORMATION, CONTACT:
更多信息，請聯繫：
|
NioBay Metals Inc. Jean-Sebastien David, geo. President & Chief Executive Officer Tel.: 514 866-6500 jsdavid@niobaymetals.com |
Kimberly Darlington Investor Relations kimberly@refinedsubstance.com Tel: 514-771-3398 |
| NioBay Metals Inc。- 目前的市值約爲2400萬美元（加元）。活躍的證券商包括Canaccord Genuity、National Bank Financial、TD Securities和Scotia Capital。 Jean-Sebastien David，geo。 董事長兼首席執行官 電話：514 866-6500 jsdavid@niobaymetals.com |
Kimberly Darlington 投資者關係 kimberly@refinedsubstance.com 電話: 514-771-3398 |
A photo accompanying this announcement is available at:
附帶此公告的照片可在以下網址查看：
譯文內容由第三人軟體翻譯。