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NioBay Metals Announces Option Agreement to Acquire Two Properties with Niobium Potential


Press release content from Globe Newswire. The AP news staff was not involved in its creation.
NioBay Metals Announces Option Agreement to Acquire Two Properties with Niobium Potential
NioBay Metals Inc.May 10, 2021 GMT
MONTREAL, May 10, 2021 (GLOBE NEWSWIRE) NioBay Metals Inc. (“NioBay” or the “Company”) (TSX-V: NBY) (OTCQB: NBYCF), an Environmental Sustainable Governance Indigenous (ESGI) Company, is pleased to announce the signature of an option agreement with Les Ressources Tectonic inc. (“Tectonic”) to acquire a 100% interest in two large properties showing exciting potential for niobium discovery (the “Option Agreement”).
The two properties, Gouin East and Gouin West (the “Gouin Properties”), located 150 km south of Chibougamau, Québec, cover two magnetic anomalies, about 6 X 8 km each, remarkably similar in size and structure to the magnetic anomaly over the Niobec Mine, the only niobium commercial operation outside Brazil, loca ....

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