NioBay Metals Receives Authorization to Drill on Zone 1 of its Foothills Property This is a brief description of the company, its activities, and the key event of receiving authorization

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MONTRÉAL, Sept. 13, 2024 (GLOBE NEWSWIRE) — NioBay Metals Inc. (“NioBay” or the “Company”) (TSX-V: NBY) (OTCQB: NBYCF) is proud to announce the receipt of authorizations to carry out surface drilling on the Foothills Property. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins. The Company filed an application for authorization for impact projects with the Ministry of Natural Resources and Forests with the aim of carrying out a drilling campaign as soon as the work is approved. The sector targeted by this drilling campaign is located on the private lands of the Séminaire de Québec, identified as sector 1 by NioBay (see map below). NioBay plans to start work at the end of October, after the moose-hunting season.

The project is situated in a region known for its rich mineral resources, with a history of gold, copper, and nickel discoveries. The Foothills Project is a significant exploration project that aims to identify and evaluate the potential for economic mineral deposits. It is a joint venture between two companies: Agnico Eagle Mines Limited and Osisko Mining Inc.

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The summary provides information about a company, NioBay Metals Inc. It outlines the release of a press release and suggests that it is related to the TSX Venture Exchange and its Regulation Services Provider. The summary mentions a contact point for further information.

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