NIOB Bardy Drill Results Confirm Rare Earth Mineralization in Quebec — North American Niobium and Critical Minerals Corp.

Event summary

Assays from three additional drill holes at NIOB’s Bardy property in Quebec confirm rare earth mineralization, validating earlier visual observations.
Hole BBY-2026-001 intersected 2.05 meters averaging 0.43% total rare earth oxides (TREO) in a syeno-granitic pegmatite intrusion.
Hole BBY-2026-002 intersected 14.6 meters averaging 0.12% TREO in an intermediate intrusive rock cut by small syeno-granitic pegmatitic injections.
The drilling program targeted areas with intersecting radon data, high-resolution magnetics, and surface mapping.
NIOB plans to sample remaining monzonite from hole BBY-2026-002 and await further assay results for broader interpretation.

The big picture

NIOB’s latest drill results at Bardy reinforce Quebec’s growing role as a critical minerals hub, particularly for rare earth elements essential for clean energy technologies. The findings align with broader industry trends of increasing investment in North American critical mineral supply chains, driven by geopolitical considerations and the transition to renewable energy. NIOB’s district-scale land package in Quebec positions it as a key player in this evolving landscape, though execution risks remain.

What we're watching

Resource Expansion: Whether NIOB can sustain or exceed current TREO grades in subsequent drill holes, potentially expanding the mineralized zone.
Geological Interpretation: How the upcoming assay results will refine the geological model of the Bardy sector, particularly the role of intermediate intrusives in hosting mineralization.
Market Dynamics: The pace at which NIOB can advance the Bardy property toward pre-feasibility, given the strategic importance of rare earth elements for energy and defense applications.