All NIOB Bardy Holes Hit Meaningful TREO Grades in at Least One Interval

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Postmedia has not reviewed the content. by GlobeNewswire All NIOB Bardy Holes Hit Meaningful TREO Grades in at Least One IntervalAuthor of the article:Highest sample returned 1.15% TREO with 1,778 ppm neodymium over half a meterTHIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountVancouver, British Columbia, Oct. 26, 2026 (GLOBE NEWSWIRE) — The final assay results from Bardy confirm that more work is warranted at the Québec Property. North American Niobium and Critical Minerals Corp. (CSE: NIOB) (FSE: KS82.F) (OTCQB: NIOMF) (NIOB or the Company) has now received results for every hole, with every hole returning at least one interval at or above 0.1% total rare earth oxides (TREO) (see Table 1). Hole BBY-2026-006—hosted by a 10-centimetre allanite-rich pegmatite injection within a mafic intrusive (Figure 1)—returned the highest individual sample: 1.15% TREO with 1,778 ppm neodymium (Nd2O3) over 0.50 m.This advertisement has not loaded yet, but your article continues below.“This is a unique rare earth-bearing alkaline dyke system in Grenville province that clearly warrants follow-up,” said Murray Nye, Chief Executive Officer. “Our goal at Bardy was to intersect niobium and rare earth bearing systems, and we believe we have done that. The holes were all collared at targets where radon data, high resolution magnetics, and surface mapping all intersect, and we’re pleased that our approach has borne fruit.”Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againBardy drilling confirms a rare earth-bearing intrusive systemBardy forms part of NIOB’s district-scale critical minerals land package in Québec. With its cross-cutting intermediate to felsic dykes, Bardy is interpreted to be part of a broader alkaline system and the diamond drill program, which covered 1,554 meters over eight holes, resulted in three key pieces of information about the system:allanite—initially identified in hand samples by a historical government survey—is present in the system; confirming that rare earth elements are also present.Bardy hosts a complex swarm of cross-cutting intermediate to felsic dykes, which can indicate a long-lived system that has the potential for hosting an economic systemThis advertisement has not loaded yet, but your article continues below. rare earth mineralization mapped at surface continues at depth.Other highlights include:Results from holes BBY-2026-003, -004, -006, -007 and -008 are detailed in this press release and complete the dataset previously reported for BBY-2026-001, -002 and -005 on September 15, 2026New composites include 0.28% TREO over 3.50 m (BBY-2026-004, from 215.50 m)0.43% TREO over 1.95 m (BBY-2026-006, from 71.00 m) andbroader low-grade intervals of 0.10% TREO over 16.00 m (BBY-2026-007) and 0.12% TREO over 10.85 m (BBY-2026-008).Neodymium is present: Nd2O3, the principal magnet rare earth oxide, ranges from 500 to 1,778 ppm in the reported sub-intervals.Figure 1: BBY-2026-006 from 8.25 to 8.35 m. Syeno-granitic pegmatite injection with approximately 15% coarse allanite, within the 0.50 m sample (7.95 to 8.45 m) that returned 1.15% TREO and 1,778 ppm Nd2O3.Table 1: Composite intervals (TREO %) for all 2026 Bardy drill holes, including previously published results, with Nd2O3 for sub-intervals at or above 500 ppm.Hole IDFrom (m)To (m)Length (m)TREO (%)Nd2O3 (ppm)Rock typeBBY-2026-001133.75135.802.050.43 Syeno-granitic pegmatite and surrounding gneissincl.133.75134.751.00 559As aboveincl.134.75135.801.05 798As aboveBBY-2026-002132.40147.0014.600.12 Monzonite/mangerite cut by small syeno-granitic pegmatitic injectionsBBY-2026-003135.00137.802.800.14 Pegmatite and adjacent gneissBBY-2026-004215.50219.003.500.28 Syenite with local pegmatite intrusionincl.215.50217.001.50 516As aboveBBY-2026-004259.40265.856.450.16 Granite and pegmatiteBBY-2026-005145.50146.701.200.10 Pegmatite dyke with 10% magnetiteBBY-2026-0067.958.450.501.151,778Mafic intrusive with a 10 cm pegmatitic injection carrying 15% coarse allaniteBBY-2026-00671.0072.951.950.43 Magnetic pegmatiteincl.71.0071.700.70 659As aboveincl.71.7072.951.25 671As aboveBBY-2026-006146.10147.651.550.24 Magnetic pegmatiteBBY-2026-007103.30119.3016.000.10 Mix of pegmatite, intermediate and felsic intrusions with local gneissincl.104.80105.300.50 548As aboveBBY-2026-008120.05130.9010.850.12 Intermediate intrusive (syenitic) cutting through gneissincl.122.00123.001.00 514As aboveThis advertisement has not loaded yet.This advertisement has not loaded yet, but your article continues below.Note: Composite intervals were calculated at a cut-off grade of 0.1% TREO with a maximum of 2 m of internal dilution. Nd2O3 is shown for single-sample intervals and “incl.” sub-intervals returning 500 ppm or more. All intervals are reported as core lengths. True widths have not yet been determined and will be estimated once the 3D geological model of the dyke swarm is completed. TREO (total rare earth oxides) is the sum of lanthanum oxide (La2O3), cerium oxide (Ce2O3), praseodymium oxide (Pr6O11), neodymium oxide (Nd2O3), samarium oxide (Sm2O3), europium oxide (Eu2O3), gadolinium oxide (Gd2O3), terbium oxide (Tb4O7), dysprosium oxide (Dy2O3), holmium oxide (Ho2O3), erbium oxide (Er2O3), thulium oxide (Tm2O3), ytterbium oxide (Yb2O3), lutetium oxide (Lu2O3) and yttrium oxide (Y2O3).Drill sections and best individual resultsFigure 2: Map of the Bardy sector showing drill-hole traces, interpreted radon anomaly trends and the projected extension of the main dyke.This advertisement has not loaded yet, but your article continues below.BBY-2026-006: Best result of program from top of the holeBBY-2026-006 was designed to intersect the Bardy main dyke directly beneath its outcrop, with the hole positioned on the dip and trend of the dyke measured at surface. Small pegmatite injections were intersected above and below the projected position of the dyke, together with a zone of mixed syenite and pegmatite near the bottom of the hole.The 8.0 m syenitic pegmatite interval (139.70 to 147.70 m) reported on August 4, 2026, returned its best assays at its base, with 0.25% TREO over 0.50 m and 0.24% TREO over 1.05 m (146.10 to 147.65 m).The best result of the program came near the top of the hole, where a 10 cm allanite-rich pegmatite injection within a mafic intrusive returned 1.15% TREO and 1,778 ppm Nd2O3 over the 0.50 m sample (7.95 to 8.45 m).Table 2: Best individual assay results for BBY-2026-006, TREO (%), and Nd2O3 (ppm).Hole IDFrom (m)To(m)Length (m)TREO (%)Nd2O3 (ppm)Rock typeBBY-2026-0067.958.450.501.151,778Mafic intrusive with a 10 cm pegmatitic injection carrying 15% coarse allaniteBBY-2026-00671.0071.700.700.42659Magnetic pegmatiteBBY-2026-00671.7072.951.250.43671Magnetic pegmatiteBBY-2026-006146.10146.600.500.25 Magnetic pegmatiteBBY-2026-006146.60147.651.050.24 Magnetic pegmatiteThis advertisement has not loaded yet, but your article continues below.Figure 3: Cross-section through BBY-2026-006 with TREO assay results.BBY-2026-001, -002, and -004:BBY-2026-001 and -002 were collared approximately 150 m northeast of BBY-2026-006.BBY-2026-001 tested the northeast extension of the Bardy main dyke, which BBY-2026-004 may also have tested at depth; BBY-2026-002 tested radon anomaly trends.BBY-2026-004 returned 0.28% TREO over 3.50 m from 215.50 m in syenite with local pegmatite, and 0.16% TREO over 6.45 m from 259.40 m in granite and pegmatite.Table 3: Best individual assay results for BBY-2026-001 and -004, TREO (%) and Nd2O3 (ppm).Hole IDFrom (m)To (m)Length (m)TREO (%)Nd2O3 (ppm)Rock typeBBY-2026-001104.20104.950.750.29 Pegmatite with biotite-magnetite clusters and local radioactivity halo, trace allanite locallyBBY-2026-001104.95105.700.750.31500Pegmatite with biotite-magnetite clusters and local radioactivity halo, trace allanite locallyBBY-2026-00435.4036.300.900.24 PegmatiteFigure 4: Cross-section through BBY-2026-004, -001 and -002 with TREO assay results and composites.This advertisement has not loaded yet.This advertisement has not loaded yet, but your article continues below.BBY-2026-003BBY-2026-003 tested two radon anomaly trends and a possible extension of the Bardy main dyke at depth. It returned 0.14% TREO over 2.80 m from 135.00 m in pegmatite and adjacent gneiss.Figure 5: Cross-section through BBY-2026-003 with TREO assay results and composite.BBY-2026-007 and -008The easternmost section tested the expected eastern extension of the Bardy main dyke (BBY-2026-007) and three radon anomaly trends (BBY-2026-008).Both holes returned broad, low-grade intervals: 0.10% TREO over 16.00 m from 103.30 m in BBY-2026-007, in a mix of pegmatite, intermediate and felsic intrusions, and 0.12% TREO over 10.85 m from 120.05 m in BBY-2026-008, in a syenitic intrusive cutting gneiss.Table 4: Best individual assay results for BBY-2026-008, TREO (%) and Nd2O3 (ppm).Hole IDFrom (m)To (m)Length (m)TREO (%)Nd2O3 (ppm)Rock typeBBY-2026-00813.2514.000.750.44708PegmatiteBBY-2026-00814.0014.600.600.44730PegmatiteBBY-2026-008154.90156.001.100.28 PegmatiteNote: Tables 2 to 4 list individual samples; Nd2O3 is shown where it is 500 ppm or more.This advertisement has not loaded yet, but your article continues below.Figure 6: Cross-section through BBY-2026-007 and -008 with TREO assay results and composites.Table 5: Collar coordinates for all 2026 Bardy drill holes.Hole IDEastingNorthingAzimuth (°)Dip (°)EOH (m)BBY-2026-001619303527133510-50150BBY-2026-0026193035271335190-50153BBY-2026-003619366527117410-50216BBY-2026-004619243527106410-50276BBY-2026-00561914252711870-50150BBY-2026-006619189527124210-50156BBY-2026-007619615527132810-50153BBY-2026-0086196155271328190-50300Note: Collar coordinates are UTM NAD83 Zone 18N. Total drilled: 1,554 m.Sampling, analytical method and quality assurance / quality controlSamples were submitted to SGS Canada Inc., which is independent of the Company and operates an ISO/IEC 17025-accredited analytical facility in Val-d’Or, Québec. Rare earth elements were determined by sodium peroxide fusion with an ICP-MS finish (SGS method GE_IMS91A50).The reported samples are NQ-size half core, split along the core axis and sampled over intervals of approximately 0.5 to 1.0 m, with the remaining half core retained for reference. Quality control included certified reference materials, blanks and field duplicates inserted into the sample stream (approximately 13% of submitted samples). No material QA/QC issues were identified. Core recovery through the mineralized intervals averaged approximately 95 to 97% and is not considered to have materially affected sample representivity.This advertisement has not loaded yet, but your article continues below.Qualified PersonThe scientific and technical information contained in this news release has been prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”). Clyde McMillan, P.Geo., a consultant to the Company and a Qualified Person as defined under NI 43-101, has reviewed and approved the technical information contained herein. Mr. McMillan has verified the data disclosed in this news release, including the sampling, analytical and test data underlying the information, through review of the drill logs, sample records, SGS assay certificates and QA/QC results. References to allanite and other minerals are based on visual core logging and hand-sample identification and have not yet been confirmed by petrographic or mineralogical analysis.Corporate UpdateThe Company also announces that the Hon. Kerry-Lynne D. Findlay has resigned as a director of the Company. NIOB is grateful for Ms. Findlay’s contributions, insight and service during her tenure on the Board, and the Company wishes her every success in her future endeavours.This advertisement has not loaded yet.This advertisement has not loaded yet, but your article continues below.ABOUT NORTH AMERICAN NIOBIUM AND CRITICAL MINERALS CORP.North American Niobium and Critical Minerals Corp. is a North American mineral exploration company focused on the acquisition and development of precious, base, and critical mineral assets. Its portfolio includes the Silver Lake property in British Columbia’s Omineca Mining Division and a district-scale land package covering 29,936 hectares in Quebec’s Grenville Province. The Quebec properties host rare earth element, niobium, and nickel-copper occurrences, expanding the Company’s footprint into critical minerals that are strategically important for energy and defense applications.ON BEHALF OF THE BOARD OF DIRECTORS:Murray NyeChief Executive Officerinfo@northamericanniobium.com | +1 (647) 984-4204Forward-Looking StatementsThis news release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking statements”) within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as “expects”, “anticipates”, “believes”, “intends”, “estimates”, “potential”, “possible”, “will”, “plans”, “continues” and similar expressions, or statements that events, conditions or results “will”, “may”, “could” or “should” occur or be achieved. Forward-looking statements in this news release include, but are not limited to, statements regarding: (i) the interpretation of the Bardy assay results and the geological model of the Bardy sector; (ii) the potential of the Bardy intrusive system to host rare earth element mineralization and the relationship between host rock type and grade; (iii) the Company’s plans for follow-up work, including 3D geological modelling and the estimation of true widths; (iv) the integration and interpretation of airborne radiometric and magnetic survey data and the use of radon surveys as a targeting tool; and (v) further drilling programs at Bardy SE and its timing.This advertisement has not loaded yet, but your article continues below.Forward-looking statements are based on assumptions management believes to be reasonable and are subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially, including, without limitation: risks that further results may not be consistent with those reported; the inherent uncertainty of visual mineral identification; changes in geological interpretation; the absence of demonstrated continuity of mineralization; risks relating to exploration and development; the availability of financing; laboratory and analytical delays; changes in commodity prices; and the other risk factors discussed in the Company’s continuous-disclosure documents filed under its profile on SEDAR+ at www.sedarplus.ca.The forward-looking statements in this news release are made as of the date hereof. The Company does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release and has neither approved nor disapproved the contents of this press release.This advertisement has not loaded yet.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.