Niobay Metals Inc V.NBY

Alternate Symbol(s): NBYCF

Metals & Mining Industrial Metals & Minerals

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

Niobay Metals Inc

Bullboard Posts

Comment by ATLEVANon Apr 14, 2009 10:07pm

305 Views

Post# 15918146

RE: RE: RE: MDN Acquires an Advanced Development P

Taken this from today's MDN release;

Niobium-alloyed steel is used in construction, oil and gas pipelines,
nuclear plant pipelines, the automotive industry and aerospace.

Taken this from Denison today's release
As nations like China, Japan and South Korea bring more nuclear reactors online, government-backed power utilities are taking a long-term view of the situation and snapping up stakes in uranium producers at fire-sale prices.

This majority interest in MCI might actually pay big time in the near future.

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