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NIOB Seigneurie Assays Confirm Heavy Rare Earth Mineralization
Initial assays confirm niobium and rare earth mineralization, but the company said the grades are early-stage and need more work to assess economic potential.
- On Friday, July 03, 2026, North American Niobium and Critical Minerals Corp. released initial drilling results from hole SGN-2026-007 at the Seigneurie project in Quebec, confirming niobium and rare earth mineralization at early-stage grades.
- The hole returned a 32.20-metre interval averaging 528 ppm heavy rare earth oxide, with yttrium oxide comprising approximately two-thirds of the total; a 10-metre interval averaged 76.7 ppm dysprosium oxide.
- SGS Canada Inc. analyzed the samples; consultant Clyde McMillan, acting as the Qualified Person, verified the data and confirmed the technical information complies with National Instrument 43-101 standards.
- Chief Executive Officer Murray Nye characterized the early-stage results as "modest," stating that while findings validate the company's targeting approach, further work is required to assess economic potential.
- Management plans to update the Seigneurie geological model with remaining drill data while advancing exploration across the broader Quebec portfolio to prioritize the strongest niobium and rare earth targets.
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The Toronto Star+9 Reposted by 9 other sources
NIOB Seigneurie Assays Confirm Heavy Rare Earth Mineralization
Vancouver, British Columbia, July 03, 2026 (GLOBE NEWSWIRE) -- There’s still work to be done to determine whether North American Niobium and Critical Minerals Corp.’s (CSE: NIOB) (FSE: KS82.F) (OTCQB: NIOMF) (NIOB or the Company) Seigneurie system hosts rare earth…
·Toronto, Canada
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Total News Sources11
Leaning Left8Leaning Right2Center1Last UpdatedBias Distribution73% Left
Bias Distribution
- 73% of the sources lean Left
73% Left
L 73%
R 18%
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