Start of Pilot-Scale Production Trials and Agreement to Supply Samples to TWO Potential Customers
1
Press release
TSX-V: NBY & OTCQB: NBYCF
START OF PILOT-SCALE PRODUCTION TRIALS AND AGREEMENT TO SUPPLY
SAMPLES TO TWO POTENTIAL CUSTOMERS
Montréal, Québec, November 18, 2024 - NioBay Metals Inc. (“NioBay” or the “Company”) (TSX-V: NBY)
(OTCQB: NBYCF) is proud to announce the start of pilot-scale production trials as planned in our 2024
work schedule. In addition, we have agreed to ship pilot samples to two potential niobium oxide
customers.
Work
The project: “Demonstration of a pilot -scale niobium-tantalum concentration process and production
of niobium and tantalum oxides from the Crevier Project deposit located in the Lac St -Jean region” is
being carried out a t SGS’s facilities in Quebec City. The Crevier P roject is located in the Nitassinan (or
ancestral territory) of the Pekuakamiulnuatsh, whose main population center is Mashteuiatsh.
Samples produced in Quebec C ity will then be shipped to potential customers. Samp les will then be
tested at the customer's premises to check whether the product meets their desired specifications.
Message from NioBay’s President and CEO
“We're delighted with the start of work and the discussions we've had with potential customers. It is
clear that a North American producer of niobium oxide is desirable in this market. Should the Company
be able to produce additional finished product, further samples will be shipped to other potential
customers. We are already planning the next steps f or our Crevier Project,” concludes Jean-Sébastien
David.
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.
About NioBay Metals Inc.
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
2
the option to acquire an 80% interest in the Foothills project, a titanium-phosphate project located near
the former St-Urbain mine site in Québec.
About Niobium
Niobium is a naturally occurring element. It is a 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 more efficient
and lowers environmental impacts, while also increased value.
About Titanium
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.
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:
NioBay Metals Inc.
Jean-Sebastien David, geo.
President & Chief Executive Officer
Tel.: 514 866-6500
www.niobaymetals.com
Kimberly Darlington
Investor Relations
Tel: 514-771-3398