Niobay Metals (“NioBay” or the “Company”) (TSX VENTURE:NBY) is pleased to provide initial metallurgical results from tests on drill core from a drilling program conducted in the 1960’s at the James Bay Niobium Project near Moosonee, in northeastern Ontario.
Initial Metallurgical Results:
The initial results of heavy liquid separation performed by SGS Lakefield on a representative material compound from the James Bay Niobium deposit show excellent potential for the concentration of dense minerals including niobium minerals. A concentration of 90 percent to 93 percent of the niobium minerals was obtained in residual masses of only 5 percent to 22 percent of the original weight.
The historical treatment mode predicted a rejection of almost 40 percent of the initial mass with a loss of only 4 to 5 percent of the niobium units. The results of detailed mineralogy (QUEMSCAN) show a very good liberation of minerals in general which are relatively coarse. This may prove to have a clear advantage in terms of the size of the required production equipments. Additional metallurgical tests are underway and results will be provided when they become available.
Mr. Claude Dufresne, P. Eng., CEO of the Company and a qualified person pursuant to NI 43-101 has reviewed and approved the scientific and technical data contained in this press release. All samples were sent and tested at SGS Mineral Services in Lakefield, Ontario, an ISO 17025 accredited laboratory.
The Company also announces that all results of the re-assaying program of drill core from the drilling program conducted in the 1960s are now available of the Company’s website (see news release of March 6 and April 10, 2017 for additional information).