{"success":true,"data":{"pressRelease":{"id":"70872","rtpr_id":"nGNX7GSPvZ","ticker":"NBY","exchange":"","all_tickers":["NBY"],"title":"NioBay Announces the Commencement of Summer Field Programs Across Its Projects","author":"Globe Newswire","published_at":"2026-06-23T12:35:53.127Z","article_body":"MONTRÉAL, June 23, 2026 (GLOBE NEWSWIRE) -- NioBay Metals Inc. (“NioBay”\nor the “Company”) (TSX-V: NBY) (OTCQB: NBYCF) is pleased to announce the\ncommencement of a drilling program (the “2026 Campaign”) on the Crevier\nProperty (the \"Project\"), located approximately 50 km north of the town of\nGirardville and approximately 150 km from the Niobec mine. It is located on\nthe Nitassinan (traditional ancestral territory) of the Pekuakamiulnuatsh,\nwhose main population center is Mashteuiatsh. The Project is easily accessible\nvia existing logging roads. \n\nThe Company is also commencing an inspection and geophysical survey program on\nthe mining lease comprising the James Bay Niobium Project, which is part of\nthe Treaty 9 territory, approximately 42 kilometres south of Moose Factory,\nOntario.\n\nThe 2026 campaign is a continuation of the work completed in 2025, which\nresulted in an updated mineral resource estimate released on February 25, 2026\n(https://www.globenewswire.com/Tracker?data=bVmKYsDphGseRYaWscZg2-A34CTtJs1-Q72WsfHTDDXeKA_0xTXvyKCvyK9gzaOuE6aGj3P_FCid8jv2Rrak7Zbq-yyKRPYUE5rxYfuYD4MLkpKZMY19TIhWs2HSN4t208Vsw3xq7wxACkoer_D5VKpbAcRjzG1Y7OCVSLmpH9j5mRyTHrpgbcqdoE1oY9xh).\nThis updated estimate helped identify the drilling targets for the current\ncampaign. A minimum of 5,000 metres of drilling is planned for the summer\nfield season, guided by three primary objectives:\n1. To determine whether the 2023 northern discovery (characterized by higher\ntantalum content) connects to the Main Zone;\n2. To upgrade the 2025 southern discovery to the Measured mineral resource\ncategory;\n3. To test the depth extent of mineralization within the Main Zone.\nFigure 1: 2025 Mineral Resource Model\n\n\n\nFigure 2: 2026 Work Program\n\n\n\nNioBay is pleased to announce that this campaign will be carried out by\nMashteuiatsh First Nations Drilling. Geological supervision has been entrusted\nto IOS Geoscientific Services of Saguenay, which was also involved in previous\ndrilling campaigns at this site. Camp facilities were supplied by the UniVert\nForest Cooperative of Girardville, while camp catering services were provided\nby Marché Girardville.\n\nJames Bay Niobium, Ontario\nInspection and reconnaissance using geophysical instruments were conducted\nduring the first week of June on the mining lease. The work was conducted by\nRonacher McKenzie Geoscience Inc. of Sudbury, with the support of an\nIndigenous guide from a local company. An airborne geophysical survey will be\ncarried out later in the season, which will lead to the development of an\nupdated geophysical model for the area.\n\nMessage from NioBay’s President and CEO\n“This campaign will allow us to gather additional information on the 2023\ndiscovery and determine whether there is a connection with the main site. As\nthe price of tantalum oxide has more than doubled since work resumed at the\nCrevier site in 2021, we’re very motivated to broaden our investigation of\nthis area. We are also preparing for a series of delegation site visits during\nthe work season, which will allow us to demonstrate Crevier’s mineral\npotential. As in previous years, we are proud to carry out this work with the\nexpertise and services of local partners,” said Jean-Sébastien David,\nPresident and Chief Executive Officer.\n\nQualified person\nThe scientific and technical information contained in this press release has\nbeen reviewed and approved by Jean-Sébastien David, P.Geo., a “Qualified\nPerson” under NI 43-101. Mr. David is President and Chief Executive Officer\nof NioBay.\n\nAbout NioBay Metals Inc.\nNioBay aims to become a leader in environmental stewardship, sustainable\ndevelopment, governance, and Indigenous inclusion by supporting the\ndevelopment of low-carbon mining operations and responsible water and wildlife\nmanagement practices. The consent and full participation of the Indigenous\ncommunities in which we operate will be essential to our success.\n\nIn addition to other properties, NioBay holds a 100% interest in the James Bay\nNiobium Project located 45 km south of Moosonee, in the Moose Cree Traditional\nTerritory of the James Bay Lowlands in Ontario. NioBay also holds a 72.5%\ninterest in the Crevier Niobium and Tantalum project located in Québec and on\nthe Nitassinan territory of the Pekuakamiulnuatsh First Nation.\n\nAbout Niobium \nNiobium is a naturally occurring element. It is a metal that is ductile,\nmalleable and highly resistant to corrosion. Because it enhances properties\nand functionalities, niobium is used in a wide range of materials and\napplications in the Mobility, Structural and Energy sectors. Niobium\ntransforms materials. When added to materials like steel, glass and aluminum\ncastings, niobium makes them more efficient and lowers environmental impacts,\nwhile also increased value.\n\nCautionary Note\nCertain statements in this news release constitute “forward-looking\ninformation” within the meaning of Canadian securities laws. Forward-looking\ninformation includes, but is not limited to,  statements with respect to the\nactivities, events or developments that the Company expects or anticipates\nwill or may occur in the future. These statements and information are based on\nfacts currently available to the Company and there is no assurance that actual\nresults will meet management’s expectations. Forward-looking statements and\ninformation may be identified by such terms as “anticipates”,\n“believes”, “targets”, “estimates”, “plans”, “expects”,\n“budget”, “scheduled”, “forecasts”, “intends”, “may”,\n“will”, “could” or “would” or the negative connotation thereof.\nThis forward-looking information relates to, among other things, the\nCompany’s plans for the production of niobium oxide for battery and\nsuperalloy manufacturers at the Crevier Project, the large-scale testing work\nand the valorization of zirconium obtained during the leaching tests and\npotential future operational outcome of the Crevier Project, including\nthe production of niobium oxide for battery and superalloy manufacturers at\nthe Crevier Project. These statements are necessarily based on a number of\nmanagement’s beliefs, assumptions, and opinions as of the date they are\nmade, including among others, that large-scale testing work at the Crevier\nProject will occur as anticipated, results will be received when anticipated,\nthe Company will be able to implement its goals and future plans, the\ntargeting activities proposed by the Company will be effective, and the\nCompany’s approach to the testing work will result in the expected benefits,\nand are subject to numerous risks and uncertainties that could cause actual\nresults and future events to differ materially from those anticipated or\nprojected, such as among others, the risk that testing work at the Crevier\nProject will not occur as anticipated, the risk that results will not be\nreceived when anticipated, the risk that the Company will not be able to\nimplement is goals and future plans, including the proposed advancement of the\nCrevier Project as currently contemplated, the risk that target activities\nwill not be effective risks related to market conditions and metals prices,\ndelays in obtaining or failure to obtain required governmental, environmental\nor other project approvals, uncertainties relating to the availability of\ncosts of financing needed in the future, changes in equity markets, inflation,\nfluctuations in commodity prices, and those risks set out in the Company’s\npublic disclosure record on SEDAR+ (www.sedarplus.ca) under the Company’s\nissuer profile. Readers are cautioned that reliance on such information may\nnot be appropriate for other purposes. Although the assumptions made by the\nCompany in providing forward-looking information is considered reasonable by\nmanagement at the time, there can be no assurance that such assumptions will\nprove to be accurate and actual results and future events could differ\nmaterially from those anticipated in such information. The Company assumes no\nobligation to update these forward-looking statements should management’s\nbeliefs, estimates, or opinions, or other factors, change, except as required\nby law.\n\nNeither the TSX Venture Exchange nor its Regulation Services Provider (as that\nterm is defined in the policies of the TSX Venture\nExchange) accept responsibility for the adequacy or accuracy of this\nrelease. \n\n For further information:                                                                                                                                                                                                  \n NioBay Metals Inc.                                                                                                                                                                                                        \n Jean-Sebastien David, geo. President & Chief Executive Officer Tel.: 514 866-6500 jsdavid@niobaymetals.com  www.niobaymetals.com  Kimberly Darlington Investor Relations kimberly@refinedsubstance.com Tel: 514-771-3398  \n\nPhotos accompanying this announcement are available at:\n\nhttps://www.globenewswire.com/NewsRoom/AttachmentNg/a1e5dfc1-bce8-4351-9dd8-8992eca11123\n\nhttps://www.globenewswire.com/NewsRoom/AttachmentNg/4b2866ff-1741-437b-8bf7-ea237456d2e1\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/ff724a10-362a-4a77-a7ac-87e33bb3a3af)\nFigure 1 \n(https://www.globenewswire.com/NewsRoom/AttachmentNg/a1e5dfc1-bce8-4351-9dd8-8992eca11123/en)\nMineral Resource ModelFigure 2 \n(https://www.globenewswire.com/NewsRoom/AttachmentNg/4b2866ff-1741-437b-8bf7-ea237456d2e1/en)\n2026 Work Program\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX7GSPvZ","title":"NioBay Announces the Commencement of Summer Field Programs Across Its Projects","author":"Globe Newswire","ticker":"NBY","created":"2026-06-23T12:35:53.127Z","tickers":["NBY"],"exchange":"","article_body":"MONTRÉAL, June 23, 2026 (GLOBE NEWSWIRE) -- NioBay Metals Inc. (“NioBay”\nor the “Company”) (TSX-V: NBY) (OTCQB: NBYCF) is pleased to announce the\ncommencement of a drilling program (the “2026 Campaign”) on the Crevier\nProperty (the \"Project\"), located approximately 50 km north of the town of\nGirardville and approximately 150 km from the Niobec mine. It is located on\nthe Nitassinan (traditional ancestral territory) of the Pekuakamiulnuatsh,\nwhose main population center is Mashteuiatsh. The Project is easily accessible\nvia existing logging roads. \n\nThe Company is also commencing an inspection and geophysical survey program on\nthe mining lease comprising the James Bay Niobium Project, which is part of\nthe Treaty 9 territory, approximately 42 kilometres south of Moose Factory,\nOntario.\n\nThe 2026 campaign is a continuation of the work completed in 2025, which\nresulted in an updated mineral resource estimate released on February 25, 2026\n(https://www.globenewswire.com/Tracker?data=bVmKYsDphGseRYaWscZg2-A34CTtJs1-Q72WsfHTDDXeKA_0xTXvyKCvyK9gzaOuE6aGj3P_FCid8jv2Rrak7Zbq-yyKRPYUE5rxYfuYD4MLkpKZMY19TIhWs2HSN4t208Vsw3xq7wxACkoer_D5VKpbAcRjzG1Y7OCVSLmpH9j5mRyTHrpgbcqdoE1oY9xh).\nThis updated estimate helped identify the drilling targets for the current\ncampaign. A minimum of 5,000 metres of drilling is planned for the summer\nfield season, guided by three primary objectives:\n1. To determine whether the 2023 northern discovery (characterized by higher\ntantalum content) connects to the Main Zone;\n2. To upgrade the 2025 southern discovery to the Measured mineral resource\ncategory;\n3. To test the depth extent of mineralization within the Main Zone.\nFigure 1: 2025 Mineral Resource Model\n\n\n\nFigure 2: 2026 Work Program\n\n\n\nNioBay is pleased to announce that this campaign will be carried out by\nMashteuiatsh First Nations Drilling. Geological supervision has been entrusted\nto IOS Geoscientific Services of Saguenay, which was also involved in previous\ndrilling campaigns at this site. Camp facilities were supplied by the UniVert\nForest Cooperative of Girardville, while camp catering services were provided\nby Marché Girardville.\n\nJames Bay Niobium, Ontario\nInspection and reconnaissance using geophysical instruments were conducted\nduring the first week of June on the mining lease. The work was conducted by\nRonacher McKenzie Geoscience Inc. of Sudbury, with the support of an\nIndigenous guide from a local company. An airborne geophysical survey will be\ncarried out later in the season, which will lead to the development of an\nupdated geophysical model for the area.\n\nMessage from NioBay’s President and CEO\n“This campaign will allow us to gather additional information on the 2023\ndiscovery and determine whether there is a connection with the main site. As\nthe price of tantalum oxide has more than doubled since work resumed at the\nCrevier site in 2021, we’re very motivated to broaden our investigation of\nthis area. We are also preparing for a series of delegation site visits during\nthe work season, which will allow us to demonstrate Crevier’s mineral\npotential. As in previous years, we are proud to carry out this work with the\nexpertise and services of local partners,” said Jean-Sébastien David,\nPresident and Chief Executive Officer.\n\nQualified person\nThe scientific and technical information contained in this press release has\nbeen reviewed and approved by Jean-Sébastien David, P.Geo., a “Qualified\nPerson” under NI 43-101. Mr. David is President and Chief Executive Officer\nof NioBay.\n\nAbout NioBay Metals Inc.\nNioBay aims to become a leader in environmental stewardship, sustainable\ndevelopment, governance, and Indigenous inclusion by supporting the\ndevelopment of low-carbon mining operations and responsible water and wildlife\nmanagement practices. The consent and full participation of the Indigenous\ncommunities in which we operate will be essential to our success.\n\nIn addition to other properties, NioBay holds a 100% interest in the James Bay\nNiobium Project located 45 km south of Moosonee, in the Moose Cree Traditional\nTerritory of the James Bay Lowlands in Ontario. NioBay also holds a 72.5%\ninterest in the Crevier Niobium and Tantalum project located in Québec and on\nthe Nitassinan territory of the Pekuakamiulnuatsh First Nation.\n\nAbout Niobium \nNiobium is a naturally occurring element. It is a metal that is ductile,\nmalleable and highly resistant to corrosion. Because it enhances properties\nand functionalities, niobium is used in a wide range of materials and\napplications in the Mobility, Structural and Energy sectors. Niobium\ntransforms materials. When added to materials like steel, glass and aluminum\ncastings, niobium makes them more efficient and lowers environmental impacts,\nwhile also increased value.\n\nCautionary Note\nCertain statements in this news release constitute “forward-looking\ninformation” within the meaning of Canadian securities laws. Forward-looking\ninformation includes, but is not limited to,  statements with respect to the\nactivities, events or developments that the Company expects or anticipates\nwill or may occur in the future. These statements and information are based on\nfacts currently available to the Company and there is no assurance that actual\nresults will meet management’s expectations. Forward-looking statements and\ninformation may be identified by such terms as “anticipates”,\n“believes”, “targets”, “estimates”, “plans”, “expects”,\n“budget”, “scheduled”, “forecasts”, “intends”, “may”,\n“will”, “could” or “would” or the negative connotation thereof.\nThis forward-looking information relates to, among other things, the\nCompany’s plans for the production of niobium oxide for battery and\nsuperalloy manufacturers at the Crevier Project, the large-scale testing work\nand the valorization of zirconium obtained during the leaching tests and\npotential future operational outcome of the Crevier Project, including\nthe production of niobium oxide for battery and superalloy manufacturers at\nthe Crevier Project. These statements are necessarily based on a number of\nmanagement’s beliefs, assumptions, and opinions as of the date they are\nmade, including among others, that large-scale testing work at the Crevier\nProject will occur as anticipated, results will be received when anticipated,\nthe Company will be able to implement its goals and future plans, the\ntargeting activities proposed by the Company will be effective, and the\nCompany’s approach to the testing work will result in the expected benefits,\nand are subject to numerous risks and uncertainties that could cause actual\nresults and future events to differ materially from those anticipated or\nprojected, such as among others, the risk that testing work at the Crevier\nProject will not occur as anticipated, the risk that results will not be\nreceived when anticipated, the risk that the Company will not be able to\nimplement is goals and future plans, including the proposed advancement of the\nCrevier Project as currently contemplated, the risk that target activities\nwill not be effective risks related to market conditions and metals prices,\ndelays in obtaining or failure to obtain required governmental, environmental\nor other project approvals, uncertainties relating to the availability of\ncosts of financing needed in the future, changes in equity markets, inflation,\nfluctuations in commodity prices, and those risks set out in the Company’s\npublic disclosure record on SEDAR+ (www.sedarplus.ca) under the Company’s\nissuer profile. Readers are cautioned that reliance on such information may\nnot be appropriate for other purposes. Although the assumptions made by the\nCompany in providing forward-looking information is considered reasonable by\nmanagement at the time, there can be no assurance that such assumptions will\nprove to be accurate and actual results and future events could differ\nmaterially from those anticipated in such information. The Company assumes no\nobligation to update these forward-looking statements should management’s\nbeliefs, estimates, or opinions, or other factors, change, except as required\nby law.\n\nNeither the TSX Venture Exchange nor its Regulation Services Provider (as that\nterm is defined in the policies of the TSX Venture\nExchange) accept responsibility for the adequacy or accuracy of this\nrelease. \n\n For further information:                                                                                                                                                                                                  \n NioBay Metals Inc.                                                                                                                                                                                                        \n Jean-Sebastien David, geo. President & Chief Executive Officer Tel.: 514 866-6500 jsdavid@niobaymetals.com  www.niobaymetals.com  Kimberly Darlington Investor Relations kimberly@refinedsubstance.com Tel: 514-771-3398  \n\nPhotos accompanying this announcement are available at:\n\nhttps://www.globenewswire.com/NewsRoom/AttachmentNg/a1e5dfc1-bce8-4351-9dd8-8992eca11123\n\nhttps://www.globenewswire.com/NewsRoom/AttachmentNg/4b2866ff-1741-437b-8bf7-ea237456d2e1\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/ff724a10-362a-4a77-a7ac-87e33bb3a3af)\nFigure 1 \n(https://www.globenewswire.com/NewsRoom/AttachmentNg/a1e5dfc1-bce8-4351-9dd8-8992eca11123/en)\nMineral Resource ModelFigure 2 \n(https://www.globenewswire.com/NewsRoom/AttachmentNg/4b2866ff-1741-437b-8bf7-ea237456d2e1/en)\n2026 Work Program\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-06-23T12:35:53.162130091Z","server_sent_at_ms":1782218153162},"received_at":"2026-06-23T12:35:53.217Z","source_url":"https://www.globenewswire.com/news-release/2026/06/23/3315980/0/en/NioBay-Announces-the-Commencement-of-Summer-Field-Programs-Across-Its-Projects.html"},"analysis":{"id":"60261","press_release_id":"70872","analysis_json":{"industry":{"label":"Metals & Mining","sector":"Materials"},"redFlags":[],"eventType":"operations_update","narrative":"NioBay has commenced its 2026 summer field programs, including a minimum of 5,000 meters of drilling at the Crevier Property in Quebec.\n\nThe drilling campaign aims to test the connection between the 2023 discovery and the Main Zone, upgrade the southern discovery to Measured resource status, and test depth extensions.\n\nSeparately, the company has started an inspection and geophysical survey program on the James Bay Niobium Project in Ontario.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Routine seasonal field work commencement; no material commercial or financial updates."},"keyFigures":{"customDimensions":{"drilling_meters_planned":"5,000","crevier_interest_percent":"72.5%","james_bay_interest_percent":"100%"}},"quotedText":"This campaign will allow us to gather additional information on the 2023 discovery and determine whether there is a connection with the main site.","namedEntities":{"people":[{"name":"Jean-Sébastien David","role":"President and CEO"},{"name":"Kimberly Darlington","role":"Investor Relations"}],"products":[],"companies":[{"name":"NioBay Metals Inc.","ticker":"NBY"},{"name":"Mashteuiatsh First Nations Drilling","relationship":"contractor"},{"name":"IOS Geoscientific Services","relationship":"contractor"},{"name":"UniVert Forest Cooperative","relationship":"supplier"},{"name":"Marché Girardville","relationship":"supplier"},{"name":"Ronacher McKenzie Geoscience Inc.","relationship":"contractor"}],"dollarAmounts":[]},"materialImpact":{"score":1,"reasoning":"Routine operational update regarding the commencement of seasonal field programs and drilling. No financial results, resource estimate updates, or definitive feasibility study outcomes announced."},"tickerRelevance":{"others":[],"primary":"NBY"},"globalImportance":5,"audienceRelevance":5,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"micro-cap","eventGravity":"seasonal-operational-update","sectorWeight":"niche-mining"}},"event_type":"operations_update","event_type_secondary":null,"sentiment":"neutral","material_impact_score":1,"narrative":"NioBay has commenced its 2026 summer field programs, including a minimum of 5,000 meters of drilling at the Crevier Property in Quebec.\n\nThe drilling campaign aims to test the connection between the 2023 discovery and the Main Zone, upgrade the southern discovery to Measured resource status, and test depth extensions.\n\nSeparately, the company has started an inspection and geophysical survey program on the James Bay Niobium Project in Ontario.","key_figures":{"customDimensions":{"drilling_meters_planned":"5,000","crevier_interest_percent":"72.5%","james_bay_interest_percent":"100%"}},"named_entities":{"people":[{"name":"Jean-Sébastien David","role":"President and CEO"},{"name":"Kimberly Darlington","role":"Investor Relations"}],"products":[],"companies":[{"name":"NioBay Metals Inc.","ticker":"NBY"},{"name":"Mashteuiatsh First Nations Drilling","relationship":"contractor"},{"name":"IOS Geoscientific Services","relationship":"contractor"},{"name":"UniVert Forest Cooperative","relationship":"supplier"},{"name":"Marché Girardville","relationship":"supplier"},{"name":"Ronacher McKenzie Geoscience Inc.","relationship":"contractor"}],"dollarAmounts":[]},"model_name":"qwen3_6_27b_awq","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-06-23T13:19:00.586Z","global_importance":5,"audience_relevance":5,"importance_components":{"tickerTier":"micro-cap","eventGravity":"seasonal-operational-update","sectorWeight":"niche-mining"}},"durationMs":null,"modelName":"george-droid-qwen-72b"}}