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NIOB Intersects 211+ Metres of Cumulative Pegmatite with Encouraging Nb-REE Exploration Indicators at Seigneurie; Assays Pending

  • North American Niobium and Critical Minerals Corp. drilled hole SGN-2026-007 at its Seigneurie project in Québec, intersecting 211.25 metres of cumulative pegmatite including a continuous 105.45-metre interval from 63.85 to 169.30 metres.
  • The 105.45-metre central interval ranks as the 4th widest publicly disclosed pegmatite intersection globally for Nb-REE systems.
  • The hole displayed sustained elevated gamma-ray spectrometer responses up to approximately 1,400 counts per second.
  • Portable XRF screening on light-brown minerals associated with magnetite indicated elevated niobium, yttrium, phosphorus, & zirconium.
  • Core alteration suggests the hole tests a more developed part of the system than surface Channel 2 samples, showing higher smoky-quartz & titanium-magnetite content.
  • Laboratory assays & mineralogical confirmation are currently pending to validate the presence of niobium & rare earth element-bearing phases.
  • The Company plans to conduct petrography on selected intervals to confirm associations between quartz, magnetite, & Nb-REE-bearing phases.
  • The project is located approximately 1 kilometre west of the St. Lawrence River with a nearby Hydro-Québec power line, though infrastructure does not imply economic viability.
  • A total of 200,000 restricted share units were granted to the Chief Executive Officer, vesting immediately upon grant.
  • The drill hole was completed at a total depth of 290 metres with an azimuth of N10 degrees east & a dip of 45 degrees inclined to the north.
  • Radiometric data correlates strongly with historical 1977 SOQUEM measurements, validating the location of the radiometric anomaly.
  • The Company states no Mineral Resource has been estimated, & the site is not classified as a deposit at this time.
  • Forward-looking statements include expectations for future assay results, continued drilling, & potential evaluation of magnetic separation processing methods.