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NioBay Metal announces agreement with Tribal Logistics/Expedition Helicopter and updated agreement with Moose Cree First Nation
NioBay Metal announces agreement with Tribal Logistics/Expedition Helicopter and updated agreement with Moose Cree First Nation
MONTREAL, Jan. 10, 2022 (GLOBE NEWSWIRE) -- NioBay Metals Inc. ("NioBay" or the "Company") (TSX-V: NBY) (OTCQB: NBYCF), a company focused on exploration, development and use of critical green metals with an Environmentally, Sustainable, Governance, and Indigenous (ESGI) focus, is pleased to announce the signing of a camp site rental agreement with Tribal Logistics/Expedition Helicopter to be used for its James Bay Niobium Project (the "Project"). The existing camp site is located and is a property of Ontario Northland Railway ("ONR") and will be used by NioBay personnel and contractors working on the Project. NioBay will also use transportation services of ONR during the exploration and Prefeasibility study periods.
Environmental protection agreement
On December 7th, NioBay and Moose Cree First Nation signed an updated protection agreement to cover the 2022 drilling program.
Drilling program
The crew is coming back from Christmas holidays and is working to set up the new camp facility on the ONR site. The drilling crew will arrive when the camp is ready. The first drill was moved in December and we are expecting to get a second drill by the end of January.
"It has been a very challenging time with logistics, COVID cases and availability of resources, but I'm now pleased to say that we are in a good position to succeed in this new drilling program with the two signed agreements. Since we are behind scheduled, we were extremely pleased to get a second drill. I'm sure many of our shareholders are waiting for results, as am I," says Jean-Sébastien David, NioBay CEO.
About NioBay Metals Inc.
NioBay will be a leader in the Environment, Sustainability, Governance and Indigenous inclusion supporting the development of smart mine(s) with low carbon consumption and responsible water and wildlife management practices. Critical to our success will be the consent and full participation of the Indigenous communities in whose territories we operate.
The Company 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 Quebec and on the Nitassinan territory of the Pekuakamiulnatsh First Nation and a 48% direct participation in mineral titles situated in the Chibougamau region, Quebec, under a joint venture agreement with SOQUEM.
About Niobium
Niobium is a naturally occurring element. It is a readily available, reliable, soft metal that is ductile, malleable, and highly resistant to corrosion. Because it enhances properties and functionalities, niobium is used in a wide range of materials and applications in the Mobility, Structural and Energy sectors. Niobium transforms materials. When added to materials like steel, glass and aluminum castings, niobium makes them smarter and lower environmental impacts, while also delivering other benefits like better performance, improved safety, and increased value.
Cautionary Statement
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. Such statements are necessarily based upon a number of beliefs, assumptions, and opinions of management on the date the statements 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 undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors should change, except as required by law.
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.
FOR MORE INFORMATION, CONTACT:
Paradox Public Relations
Tel: (514) 341-0408 or 1-866-460-0408
jfmeilleur@paradox-pr.ca
NioBay Metals Inc.
Jean-Sebastien David, geo.
President & CEO
Tel: (514) 866-6500
jsdavid@niobaymetals.com
MONTREAL, Jan. 10, 2022 (GLOBE NEWSWIRE) -- NioBay Metals Inc. ("NioBay" or the "Company") (TSX-V: NBY) (OTCQB: NBYCF), a company focused on exploration, development and use of critical green metals with an Environmentally, Sustainable, Governance, and Indigenous (ESGI) focus, is pleased to announce the signing of a camp site rental agreement with Tribal Logistics/Expedition Helicopter to be used for its James Bay Niobium Project (the "Project"). The existing camp site is located and is a property of Ontario Northland Railway ("ONR") and will be used by NioBay personnel and contractors working on the Project. NioBay will also use transportation services of ONR during the exploration and Prefeasibility study periods.
蒙特利尔,2022年1月10日(环球通讯社)-NioBay Metals Inc.(以下简称NioBay)(多伦多证券交易所股票代码:nBY)(OTCQB:NBYCF),一家专注于勘探、开发和使用关键绿色金属的公司,专注于环境、可持续、治理和土著(ESGI),高兴地宣布与Tribal物流/远征直升机签署营地租赁协议,用于其詹姆斯湾铌项目现有营地位于安大略省北部铁路(“ONR”),是安大略省北部铁路(“ONR”)的财产,将供NioBay人员和项目承包商使用。在勘探和预可行性研究期间,NioBay还将使用ONR的运输服务。
Environmental protection agreement
环境保护协议
On December 7th, NioBay and Moose Cree First Nation signed an updated protection agreement to cover the 2022 drilling program.
12月7日,NioBay和Moose Cree First Nation签署了一项更新的保护协议,涵盖2022年的钻探计划。
Drilling program
钻井程序
The crew is coming back from Christmas holidays and is working to set up the new camp facility on the ONR site. The drilling crew will arrive when the camp is ready. The first drill was moved in December and we are expecting to get a second drill by the end of January.
机组人员正在从圣诞节假期回来,并正在努力在ONR地点建立新的营地设施。当营地准备好后,钻井队就会到达。第一次演习是在12月进行的,我们预计在1月底之前进行第二次演习。
"It has been a very challenging time with logistics, COVID cases and availability of resources, but I'm now pleased to say that we are in a good position to succeed in this new drilling program with the two signed agreements. Since we are behind scheduled, we were extremely pleased to get a second drill. I'm sure many of our shareholders are waiting for results, as am I," says Jean-Sébastien David, NioBay CEO.
NioBay首席执行官让-塞巴斯蒂安·大卫(Jean-Sébastien David)表示:“在物流、COVID案例和资源可获得性方面,这是一段非常具有挑战性的时期,但我现在很高兴地说,有了这两项签署的协议,我们处于有利地位,能够成功完成这个新的钻探项目。由于我们落后于计划,我们非常高兴能进行第二次钻探。我相信,我们的许多股东都在等待结果,我也是如此。”
About NioBay Metals Inc.
NioBay Metals公司简介
NioBay will be a leader in the Environment, Sustainability, Governance and Indigenous inclusion supporting the development of smart mine(s) with low carbon consumption and responsible water and wildlife management practices. Critical to our success will be the consent and full participation of the Indigenous communities in whose territories we operate.
NioBay将成为环境、可持续发展、治理和土著包容领域的领导者,支持开发低碳消耗、负责任的水和野生动物管理实践的智能矿山。我们成功的关键将是我们在其领土上开展活动的土著社区的同意和充分参与。
The Company 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 Quebec and on the Nitassinan territory of the Pekuakamiulnatsh First Nation and a 48% direct participation in mineral titles situated in the Chibougamau region, Quebec, under a joint venture agreement with SOQUEM.
该公司在位于穆索尼以南45公里的詹姆士湾铌项目中拥有100%的权益,该项目位于安大略省詹姆斯湾低地的驼鹿克里传统领地。根据与SOQUEM的合资协议,NioBay还持有位于魁北克和Pekuakamiulnatsh First Nation的Nitassinan领土上的Crevier Nobium和Tantalum项目72.5%的权益,以及直接参与魁北克Chibougamau地区矿产所有权的48%权益。
About Niobium
关于铌
Niobium is a naturally occurring element. It is a readily available, reliable, soft metal that is ductile, malleable, and highly resistant to corrosion. Because it enhances properties and functionalities, niobium is used in a wide range of materials and applications in the Mobility, Structural and Energy sectors. Niobium transforms materials. When added to materials like steel, glass and aluminum castings, niobium makes them smarter and lower environmental impacts, while also delivering other benefits like better performance, improved safety, and increased value.
铌是一种天然存在的元素。它是一种容易获得、可靠、柔软的金属,具有延展性、延展性和高度耐腐蚀性。由于它增强了性能和功能,铌在移动、结构和能源部门的广泛材料和应用中得到了广泛的应用。铌可以改变物质。当添加到钢铁、玻璃和铝铸件等材料中时,铌使它们变得更智能,对环境的影响更小,同时还能带来其他好处,如更好的性能、更高的安全性和更高的价值。
Cautionary Statement
警示声明
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. Such statements are necessarily based upon a number of beliefs, assumptions, and opinions of management on the date the statements 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 undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors should change, except as required by law.
根据加拿大证券法的规定,本新闻稿中包含的某些陈述构成前瞻性信息,包括有关公司计划的陈述。这类陈述必然基于管理层在陈述发表之日的一些信念、假设和意见,并受到许多风险和不确定因素的影响,这些风险和不确定因素可能导致实际结果和未来事件与预期或预测的结果大不相同。除非法律要求,否则如果管理层的信念、估计或意见或其他因素发生变化,公司不承担更新这些前瞻性陈述的义务。
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.
多伦多证券交易所创业板交易所及其监管服务提供商(该术语在多伦多证券交易所创业板政策中定义)均不对本新闻稿的充分性或准确性承担责任。
FOR MORE INFORMATION, CONTACT:
如需更多信息,请联系:
Paradox Public Relations
Tel: (514) 341-0408 or 1-866-460-0408
jfmeilleur@paradox-pr.ca
悖论公关
电话:(514)341-0408或1-866-460-0408
邮箱:jfmeilleur@paradox-pr.ca
NioBay Metals Inc.
Jean-Sebastien David, geo.
President & CEO
Tel: (514) 866-6500
jsdavid@niobaymetals.com
NioBay Metals Inc.
让-塞巴斯蒂安·大卫,Geo。
总裁兼首席执行官
电话:(514)866-6500
邮箱:jsdavid@niobaymetals.com
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在新加坡,moomoo上的投资产品和服务是通过Moomoo Financial Singapore Pte. Ltd.提供,该公司受新加坡金融管理局(MAS)监管(牌照号码︰CMS101000) ,持有资本市场服务牌照 (CMS) ,持有财务顾问豁免(Exempt Financial Adviser)资质。本内容未经新加坡金融管理局的审查。
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