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NioBay Metals (TSXV:NBY) issues corporate update

Mining
TSXV:NBY
12 July 2021 10:00 (EST)

Source: NioBay Metals.

NioBay (NBY) has released a series of corporate updates on a strategic hire and upcoming work at its James Bay Niobium Project.

Nomination of Philip Sutherland Jr. as Indigenous Advisor

Mr. Sutherland is a member of the Moose Cree First Nation (MCFN) and has experience providing employment readiness and other training to support Indigenous participation in Canada’s mining industry. He has served his First Nation in various sectors including tourism, employment and economic development roles.

He will be responsible for coordinating meetings, facilitating community correspondence, engaging with members and meeting land users. Furthermore, he will support upcoming environmental baseline studies and directly oversee exploration activities on the land.

Baseline Environmental Studies

NioBay has received offers from numerous contractors to initiate baseline environmental studies and is currently reviewing proposals with the MCFN. The company is focused on multi-year water flow, fish and wildlife studies along with geotechnical and geochemical testing.

The MCFN will control any traditional knowledge and or archeological studies.

The environmental baseline data set will support the pre-feasibility and feasibility studies, in addition to potential future environmental assessments.

Drill Program

The company is finalizing discussions with drilling contractors available for a fall drill program. It expects to initiate a 12,000 m infill drill program in Q3 extending into the winter of 2022.

NioBay believes that its projects can support the Truth and Reconciliation Commission’s call for economic reconciliation.

NioBay Metals supports the development of smart, ethical mines with low carbon consumption and responsible water and wildlife management practices.

NioBay (NBY) is trading flat at $0.64 per share as of 9:40 am ET.

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