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Moose Cree First Nation and NioBay Metals sign updated Protection Agreement

Feb 1, 2021

NioBay Metals has had a great 2020 and moves towards a successful 2021. The company completed its analysis of the drill results from its past Drilling Program in May 2020, announced the results of the 2020 MRE on the James Bay Project in July 2020 and announced the results of its PEA on the James Bay Project in October 2020.
Based on the results of the PEA, the company had planned the next steps in the development of the James Bay Project which included a drilling campaign in 2021, on-going metallurgical testing, and the implementation of certain environmental and cultural baseline studies to be included in an eventual pre-feasibility study. The project has potential for a huge economic impact on the region.

February 01, 2021 Niobay Metals Inc. announced that the Moose Cree First Nation (“MCFN”) has signed an updated Protection Agreement (“PA”) in support of the 2021 exploration program. The PA sets out a framework for effective communication, information exchange, environmental protection and the inclusion of MCFN businesses in the exploration program.

The PA reflects the mutual interests of NioBay and Moose Cree to work in partnership with the exploration program and continue to build a relationship that could then see a mine built with MCFN consent,” said Claude Dufresne, NioBay President and CEO.

Respect for Moose Cree’s Aboriginal and treaty rights is at the core of the Protection Agreement. NioBay has acknowledged our community’s rights and decision-making role. This forms the basis of a positive working relationship between Moose Cree First Nation and NioBay,” said MCFN Chief Mervin Cheechoo.

Exploration Program

  • On January 8, 2021 the Company received an exploration permit valid for three years, from the Ministry of Energy Northern Development and Mines to drill up to 20,000 metres or approximately 20-30 drill holes.
  • A first objective is to achieve an infill drilling pattern that will allow the Company to upgrade the majority of the inferred resources category into the indicated resource category.
  • A second objective of this campaign is to test the high-grade zone extending and raking to the north.
  • The Company will commence drilling in early February.

NioBay’s James Bay property is located east of the Township of Carroll in the district of Cochrane, on the Moose Cree First Nation Traditional Territory, 45 km south of Moosonee, in the James Bay Lowlands. The property comprises the Crown Mining Lease (# CLM11) and covers a total of 2,530 hectares.
The James Bay property was discovered in 1966 by Consolidated Morrison Explorations.

Tags: Northern Ontario / Exploration / Metals / All Articles