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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 Nov 05, 2009 9:15pm
416 Views
Post# 16458979

RE: RE: RE: News on Isambara

RE: RE: RE: News on IsambaraI'm not so sure of it. The grades are a little disapointing but like Marc Boisvert says, with the lenses at high grades and good volume you can get an economic deposit that will be an open pit mining.

What I retain the most:   The drillings indicate the possibility of a large gold mineralization zone

So let see if the second phase can get better results in terms of grade and lenght. After the 2nd one, we'll get a better picture. They began in the south part because it was the easiest part to drill on this property, not because it was the better one. So while moving to the center if they  can get higher grades with the same kind of volume it can become very interesting. Isambara is a very large property .

I would be disapointed if they have said  they were moving somewhere else right now.

Pierre013
Bullboard Posts