Magnetic Drone Survey
North American Niobium and Critical Minerals Corp. Plans High-Resolution
Magnetic Drone Survey at Bardy and Blanchette Properties, Québec
Vancouver, British Columbia – January 29, 2026 – North American Niobium and Critical Minerals
Corp. (CSE: NIOB) (FSE: KS82.F) (OTCQB: NIOMF) (“North American Niobium” or the “Company”)
is pleased to announce that it is planning a high-resolution magnetic drone (UAV) survey over priority target
areas on its 100%-owned Bardy and Blanchette properties (the “ Properties”), located approximately 40 km
northwest of the Municipality of La Tuque, Québec. The planned survey is intended to support the Company’s
exploration strategy focused on identifying and delineating prospective granitic pegmatites associated with rare
earth elements (“REE”) and niobium (“Nb”) mineralization.
Highlights
• Terrascope Inc. selected to conduct a high-resolution UAV magnetic survey over priority REE–Nb
prospect areas on the Bardy and Blanchette properties
• Planned survey to comprise approximately 191 line-kilometres at 50-metre line spacing, centered on
priority REE–Nb prospecting areas
• Nominal flight altitude of approximately 20 - 30 metres above ground level (“AGL”), using a Scintrex
Cs-VL cesium vapour magnetometer
• Objective is to help define structural and lithological trends and potential extensions associated with
prospective REE–Nb-bearing granitic pegmatites, and to refine follow-up targets
• Program follows the Company’s previously reported positive grab sample results (see news release
dated January 15th, 2026) and other targeting work completed to date (including RadonEx)
Planned UAV Magnetic Survey Overview
The planned UAV magnetic survey is designed to generate detailed magnetic data over the highest -priority
REE–Nb prospect areas on the Properties. The survey is planned on 50 m -spaced flight lines for a total of
approximately 191 line-km, at a nominal altitude of 20–30 m AGL, using a Scintrex Cs-VL magnetometer.
The Company believes high-resolution magnetics are well-suited to the Bardy and Blanchette target areas
because field observations indicate prospective granitic pegmatites on the prospects crosscut magnetic mafic
intrusions and gneisses, which may provide a favourable magnetic contrast for interpreting lithological contacts,
structural features, and offsets. The resulting magnetic data is expected to assist in refining the interpreted
continuity and geometry of prospective trends and in focusing follow-up work.
Exploration Rationale and Next Steps
The Bardy and Blanchette properties host areas of interest where the Company has recently completed
prospecting and reported positive grab sample results (news release dated January 15th 2026). Grab samples are
selective by nature and may not be representative of underlying mineralization. The Company believes the
results support additional, systematic follow-up targeting.
Upon completion, the Company expects to integrate the magnetic data with existing geological observations
and prior exploration information to refine priority areas for follow-up mapping and sampling. The Company
also anticipates that near-term interpretation of the magnetic data may help optimize and adjust elements of its
upcoming soil-gas radon survey and backpack drilling program, as outlined in the Company’s news release
dated January 22, 2026, as results are received and targets are refined.
“Planning this high-resolution UAV magnetic survey is an important step in executing the exploration strategy
we’ve outlined for Bardy and Blanchette,” said Murray Nye, Chief Executive Officer of North American
Niobium. “By collecting detailed magnetic data over our highest-priority REE–Nb prospect areas, we aim to
better understand the potential extent of the system and focus our next stage of work on the most compelling
targets.”
ABOUT NORTH AMERICAN NIOBIUM AND CRITICAL MINERALS CORP.
North American Niobium and Critical Minerals Corp . is a North American mineral exploration company
focused on the acquisition and development of precious, base, and critical mineral assets. Its portfolio
includes the Silver Lake property in British Columbia’s Omineca Mining Division and a recently acquir ed
land package in Quebec’s Grenville Province. The Quebec properties add exposure to rare earth elements
(REE), niobium (Nb), and nickel -copper (Ni -Cu) occurrences, expanding the Company’s footprint into
critical minerals that are strategically important for energy and defense applications.
ON BEHALF OF THE BOARD OF DIRECTORS:
Murray Nye
Chief Executive Officer
1055 West Georgia Street, Suite 1500
Vancouver, BC V6E 0B6
Canada
For further information, please contact:
Murray Nye, CEO
Email: [email protected]
Phone: +1 (647) 984-4204
CSE:NIOB
OTCQB: NIOMF
FSE:KS82.F
FORWARD LOOKING STATEMENTS
This news release contains “forward-looking statements” within the meaning of applicable Canadian securities
legislation. All statements in this release, other than statements of historical fact, that address events, results,
outcomes or developments that the Company expects, anticipates or intends to occur in the future, or that
otherwise reflect management’s expectations or beliefs about future events, are forward -looking statements.
Forward-looking statements are generally, but not always, identified by the use of words and phrases such as
“expects,” “plans,” “anticipat es,” “believes,” “intends,” “estimates,” “projects,” “potential,” “opportunity,”
“strategy,” “target,” “forecast” and similar expressions, or statements that events, conditions or results “will,”
“would,” “may,” “could,” or “should” occur or be achieved.
Forward-looking statements in this release include, but are not limited to: (i) statements regarding the
Properties and their mineral prospectivity; (ii) the Company’s planned exploration, development and
evaluation activities on the Properties; and (iii) the potential for the Grenville Province to host significant rare
earth element, niobium, nickel-copper or other critical mineral deposits. Such forward-looking statements are
based on the Company’s current plans, intentions, expectations and beliefs and a re subject to certain
assumptions, including, without limitation, assumptions that exploration results will continue to support the
prospectivity of the Properties.
Although the Company believes the expectations expressed in such forward- looking statements are
reasonable, such statements are not guarantees of future performance or outcomes and actual results may differ
materially from those expressed or implied in the forward-looking statements. Factors that could cause actual
results to differ materially from those anticipated include, but are not limited to: the timing and receipt of
required regulatory approvals; changes in commodity prices and market conditions; the availability of capital
and financing on acceptable terms; general economic, business and political conditions; risks inherent in
mineral exploration and development, including operational risks, geologica l uncertainties, environmental
risks and accidents; changes in government regulation or policy; and the speculative nature of mineral
exploration and development. Additional information regarding risks and uncertainties faced by the Company
is available in the Company’s public disclosure record on SEDAR+ (www.sedarplus.ca).
Readers are cautioned that forward -looking statements are not guarantees of future performance, and undue
reliance should not be placed on them. The forward-looking statements contained in this release are made as
of the date hereof and are based on information currently available and management’s beliefs, estimates,
expectations and opinions at that time. Except as required by applicable securities laws, the Company
undertakes no obligation to update or revise any forward- looking statements, whether as a result of new
information, future events or otherwise.
Qualified Person
The scientific and technical information contained in this news release has been prepared in accordance with
National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”). Clyde McMillan,
P.Geo., a consultant to the Company and a Qualified Person as defined under NI 43- 101, has reviewed and
approved the technical information contained herein.
The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release
and has neither approved nor disapproved the contents of this press release