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Niobay Metals Inc V.NBY

Alternate Symbol(s):  NBYCF

Niobay Metals Inc. is a Canada-based mineral exploration company. The Company is engaged in the acquisition and exploration of mineral properties. It holds a 100% interest in the James Bay Niobium Project located 45 kilometers (KM) south of Moosonee, in the Moose Cree Traditional Territory of the James Bay Lowlands in Ontario. The Company also holds a 72.5% interest in the Crevier Niobium and Tantalum projects located in Quebec and on the Nitassinan territory of the Pekuakamiulnuatsh First Nation. The Company also has the option to acquire an 80% interest in the Foothills project, a titanium-phosphate project located near the former St-Urbain mine site in Quebec. The QTZ exploration project is northwest of its Crevier property and includes 257 mining claims. It holds interest in an Crevier niobium and tantalum project, located in Quebec, Canada. The Company’s wholly owned subsidiary is Crevier Minerals Inc.


TSXV:NBY - Post by User

Bullboard Posts
Comment by pierre013on Jun 27, 2008 8:04am
225 Views
Post# 15236360

RE: news

RE: newsHi Vino, like I can see, you make comments without knowing anything about geology and technology associated to it. For your knowledge, this new technology will shorten the time for analysis and will be more precise in determining where they will have to drill. Drilling is the most expensive part of an exploration company and the analysis between the different steps take time and the geologists have a mountain of data to mix together to define the best place to target the next grid to drill. So with this new software technology developped with geologists that work with Diagnos, it will help to go faster and be more precise to do the modelisation of a gold deposit.
For your knowledge, MDN has been one of the first company to test this technology in Quebec with Diagnos on their exploration properties in Abitibi. That's why it is an important news for the shareholders. Also for your knowledge, the 8 million shares selled by GBS are in good hands.

DYDD

Pierre013
Bullboard Posts