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Business resource estimate

NioBay Metals Updates Crevier Project Resource

Analysis based on 8 articles · First reported Feb 25, 2026 · Last updated Feb 25, 2026

Sentiment
60
Attention
4
Articles
8
Market Impact
Direct
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Market Impact

The updated resource estimate for the Crevier Project by NioBay Metals Inc. is expected to positively impact the company's stock and its ability to attract clients and partners. The increased measured resources of Niobium and Tantalum could also influence the broader market for these commodities, particularly for battery and superalloy manufacturers.

Mining Metals and Mining Battery Manufacturing
Event Summary

NioBay Metals Inc. announced a new, updated resource estimate (2026 MRE) for its Crevier niobium and tantalum project, which it owns 72.5% with Magris Performance Materials===Iamgold. The 2026 MRE, prepared by IOS Geoscientific Services, significantly improves upon the 2010 estimate by converting 16,257,000 tons of niobium and tantalum into measured resources, a category previously undefined. The new estimate uses an optimized pit shell, revised production costs, and a specialty product-based price for niobium, making it more robust. This development is a crucial step for NioBay Metals Inc. to engage with potential clients and partners and provides a strong foundation for future fieldwork. The Crevier Project is envisioned to produce niobium oxide for battery and superalloy manufacturers. Additionally, NioBay Metals Inc. approved the grant of 475,000 incentive stock options to a director and consultants.

Key Actions
100 NioBay Metals Inc. provided new resource estimate for Crevier Project
90 NioBay Metals Inc. converted resources into measured resources
60 IOS Geoscientific Services updated resource estimate NioBay Metals Inc.
30 NioBay Metals Inc. granted incentive stock options
Entities Involved
stock
NioBay Metals Inc.
NioBay Metals Inc. announced a new, more robust resource estimate for its Crevier Project, converting a significant amount of niobium and tantalum into measured resources. This update is a key milestone for the company to continue discussions with potential clients and partners, and provides a strong basis for future fieldwork.
Importance 100 Sentiment 70
cmdt
Niobium
The updated resource estimate for the Crevier Project significantly increases the measured resources of Niobium, indicating a potentially larger future supply of this critical metal for various industries, including batteries and superalloys.
Importance 80 Sentiment 60
per
Jean-Sébastien David
Jean-Sébastien David, President and CEO of NioBay Metals Inc., expressed satisfaction with the updated resource estimate, highlighting its robustness and importance for future discussions with partners and fieldwork planning.
Importance 80 Sentiment 60
cmdt
Tantalum
The new resource estimate for the Crevier Project also converts a substantial amount of Tantalum into measured resources, suggesting an increased potential supply of this metal.
Importance 70 Sentiment 60
subs
Magris Performance Materials===Iamgold
Magris Performance Materials===Iamgold, a subsidiary of Magris Performance Materials, co-owns the Crevier Project with NioBay Metals Inc. The updated resource estimate for the project is positive for Magris Performance Materials===Iamgold's stake in the venture.
Importance 40 Sentiment 50
priv
Magris Performance Materials
Magris Performance Materials is the parent company of Magris Performance Materials===Iamgold, which holds a 27.5% interest in the Crevier Project. The positive resource estimate for the project indirectly benefits Magris Performance Materials
Importance 30 Sentiment 50
priv
IOS Geoscientific Services
IOS Geoscientific Services was engaged by NioBay Metals Inc. to update the resource estimate for the Crevier Project, performing the work in accordance with NI 43-101 regulations.
Importance 20 Sentiment 0
+ 4 more entities View on Dashboard
Relationships
NioBay Metals Inc. related ↔ Magris Performance Materials===Iamgold
Magris Performance Materials===Iamgold related ↔ Magris Performance Materials
Jean-Sébastien David related ↔ NioBay Metals Inc.
Jean-Michel Dubé related ↔ IOS Geoscientific Services
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