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    market news

    NioBay Metals Provides an Update on the Exploration Permit Application at the James Bay Niobium Project

    Melissa Shaw
    Jun. 12, 2017 08:12AM PST
    Rare Earth Investing

    Niobay Metals (“NioBay” or the “Company”) (TSX VENTURE:NBY) has been informed by the Ministry of Northern Development and Mines of Ontario (”MNDM”) that its application for an exploration permit on the James Bay Niobium project will remain on temporary hold for now. ‘Despite a number of requests, the leadership of Moose Cree First Nation (“MCFN”) …

    Niobay Metals (“NioBay” or the “Company”) (TSX VENTURE:NBY) has been informed by the Ministry of Northern Development and Mines of Ontario (”MNDM”) that its application for an exploration permit on the James Bay Niobium project will remain on temporary hold for now.
    ‘Despite a number of requests, the leadership of Moose Cree First Nation (“MCFN”) has to this day refused to open a dialogue with the Company and to discuss their concerns associated with the exploration program and the project. The MNDM is taking steps to organize a meeting with representatives of the MCFN to address any concerns they may have about the proposed drilling campaign.
    About the James Bay Niobium Project

    The James Bay Niobium property is located in the district of Cochrane, 40 km south of Moosonee in Ontario, Canada.
    It was discovered in 1966 with significant exploration work carried out subsequently, including 14,000 meters of drilling over 85 holes, which established a deposit extending to 275 meters in depth and 500 meters longitudinally.

    Click here to read the full text release. 

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