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NioBay Metals Inc.
Summary
| Project: | James Bay | |
|---|---|---|
| Deposit: | James Bay | |
| Location: | Canada | |
| Commodities: | Niobium | |
| Date: | 4/10/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 10-4-2017: NioBay Metals Inc. announces an Exploration/Drilling Update report for its James Bay deposit at the James Bay project. Re-assays on historical data results incl. 201.2m @ 0.41% Nb2O5 from 42.7m. Niobay Metals Inc. (“NioBay” or the “Company”) (T | |
| Resources: | (historic estimate only) | |
| CP/QP: | [Overall Report]: Jacquelin Gauthier (Internal) | |
| ABSTRACT: | Niobay Metals Inc. (“NioBay” or the “Company”) (TSX-V: NBY) is pleased to provide further results of the re-assaying program of drill core from a drilling program conducted in the 1960’s at the James Bay Niobium Project near Moosonee, in northeastern Ontario. The re-assay results for the three holes reported below and the two holes reported on March 6, 2017 are part of a total of twelve re-logged and re-assayed historical drill holes to validate the grade of niobium at the project. Results obtained indicate a moderate variation at sample level between the historical assay results and the re-assays, but the overall grade average over large intervals are quite similar. The re-assay results for the five holes reported so far provide a high level of confidence in the historical data. Unless the results from the balance of the re-assay program indicate material difference with the historical results, the Company intends to post the balance of the results on its website when they are completed. | |
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