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Niobay Metals Inc. press release

NioBay Metals Announces Additional Mineralized Intersections

TSXV - TSX Venture Exchange · Niobium · Rare Earth Elements · Iron · Phosphate · Zirconium · Titanium · Tantalum · Canada

NioBay Metals Announces Additional Mineralized Intersections

MONTREAL, Nov. 18, 2025 (GLOBE NEWSWIRE) -- NioBay Metals Inc. (“NioBay” or the “Company”) ( TSX-V NBY ) ( OTCQB: NBYCF ) is proud to announce the latest results from the 2025 summer drill campaign (the “2025 Campaign”) on the Crevier niobium (Nb) and tantalum (Ta) project (the “Crevier Project”), of which it owns 72.5%. The Crevier Project is located approximately 50 km north of the town of Girardville and approximately 150 km from the Niobec mine. It is located in the Nitassinan (or ancestral territory) of the Pekuakamiulnuatsh, whose main population center is Mashteuiatsh.

A Word from the President and CEO of NioBay Metals

“We are pleased to announce additional mineralized intercepts and the completion of the bulk sampling,” said Jean-Sébastien David, P.Geo., President and CEO of NioBay. “This marks the end of a very successful field season on the Crevier Project. We look forward to continuing to advance this project, which will include carrying out a significantly larger pilot test (140 tonnes) compared to the previous 10-tonne test, and to furthering our discussions with potential customers regarding the production of materials that meet their needs. We will now take advantage of the winter season to carry out work on our James Bay Niobium property in Ontario.”

Following the completion of studies indicating positive parameters for this project, Crevier will be exclusively dedicated to the production of niobium oxide for battery manufacturers.

Comprehensive and Final Results from the 2025 Campaign

The Company completed the 2025 Campaign in August 2025. This 15-hole campaign covered 3,324 m and was designed to verify the continuity of mineralization in the northwest and southeast sectors, among other things. This Campaign was made possible thanks to the participation of the Government of Québec through the Mining Exploration Support Program for Critical and Strategic Minerals of the Ministère des Ressources naturelles et des Forêts (MRNF) . The Company can confirm that mineralized zones have been intersected in these latest results from this campaign. The complete results from 15 holes in these zones are presented below. This information will be added to the historical information and will be used to update a resource estimate. Mineralization is now confirmed over a strike length exceeding 6 km.

The Company also confirms that it has completed the bulk sampling as planned. More than 140 tonnes of rock from the mineralized zone were crushed and bagged for delivery to undergo additional mineralogical testing.

Table 1: Composites of Intercepted Mineralization for Nb 2 O 5

Drill Hole From

(m) To

(m) Length

(m) Nb 2 O 5 (%)

1532-25-01 116.10 126.00 9.90 0.2273

1532-25-01 128.50 132.50 4.00 0.2991

1532-25-02 214.00 218.05 4.05 0.3281

1532-25-02 221.90 226.10 4.20 0.1920

1532-25-02 227.00 233.15 6.15 0.2014

1532-25-02 247.90 251.15 3.25 0.1804

1532-25-03 107.45 115.00 7.55 0.2307

1532-25-03 117.25 118.25 1.00 0.2546

1532-25-04 99.10 100.15 1.05 0.2003

1532-25-04 166.85 169.95 3.10 0.2633

1532-25-04 176.20 177.20 1.00 0.3541

1532-25-04 189.50 200.80 11.30 0.2473

1532-25-04 221.60 225.65 4.05 0.1838

1532-25-04 230.00 231.00 1.00 0.1774

1532-25-05 115.30 124.00 8.70 0.2558

1532-25-05 129.70 132.50 2.80 0.1790

1532-25-06 88.65 89.70 1.05 0.2160

1532-25-06 197.85 201.65 3.80 0.2173

1532-25-06 203.60 208.05 4.45 0.1951

1532-25-06 237.40 239.40 2.00 0.2461

1532-25-06 252.80 254.00 1.20 0.1874

1532-25-07 63.45 64.50 1.05 0.1717

1532-25-07 71.50 72.50 1.00 0.3276

1532-25-07 108.00 113.00 5.00 0.1940

1532-25-09 297.00 298.00 1.00 0.1931

1532-25-11 53.60 56.05 2.45 0.1987

1532-25-11 66.20 67.25 1.05 0.2975

1532-25-11 69.10 76.00 6.90 0.2249

1532-25-11 96.35 98.00 1.65 0.2228

1532-25-11 105.05 106.10 1.05 0.1731

* Nb 2 O 5 et Ta 2 O 5 are oxide equivalents calculated based on Nb and Ta element lab results.

Table 2: Composites of Intercepted Mineralization for Ta 2 O 5

Drill Hole From

(m) To

(m) Length

(m) Ta 2 O 5 (ppm)

1532-25-01 112.00 113.50 1.50 159

1532-25-01 116.10 127.00 10.90 223

1532-25-01 128.50 132.50 4.00 314

1532-25-02 198.70 200.00 1.30 330

1532-25-02 213.00 220.00 7.00 247

1532-25-02 221.90 226.10 4.20 192

1532-25-02 227.00 233.15 6.15 226

1532-25-02 247.90 251.15 3.25 144

1532-25-03 107.45 115.00 7.55 231

1532-25-03 117.25 119.00 1.75 206

1532-25-04 99.10 100.15 1.05 225

1532-25-04 166.85 169.95 3.10 223

1532-25-04 176.20 177.20 1.00 426

1532-25-04 186.30 202.00 15.70 250

1532-25-04 221.60 225.65 4.05 170

1532-25-04 229.00 231.00 2.00 175

1532-25-04 271.45 273.00 1.55 102

1532-25-05 115.30 124.00 8.70 272

1532-25-05 129.70 132.50 2.80 150

1532-25-05 135.10 136.20 1.10 218

1532-25-06 88.65 89.70 1.05 222

1532-25-06 104.90 107.00 2.10 131

1532-25-06 189.30 191.50 2.20 151

1532-25-06 197.85 208.05 10.20 213

1532-25-06 237.40 239.40 2.00 128

1532-25-06 252.80 255.20 2.40 164

1532-25-07 8.45 10.35 1.90 229

1532-25-07 63.45 64.50 1.05 119

1532-25-07 71.50 75.00 3.50 159

1532-25-07 88.85 91.15 2.30 113

1532-25-07 95.20 98.15 2.95 118

1532-25-07 107.15 115.15 8.00 185

1532-25-08 317.50 318.50 1.00 106

1532-25-08 322.40 324.00 1.60 124

1532-25-08 333.50 344.00 10.50 185

1532-25-08 346.00 350.05 4.05 123

1532-25-08 352.00 357.80 5.80 143

1532-25-08 362.00 364.95 2.95 190

1532-25-09 183.40 184.45 1.05 123

1532-25-09 222.55 223.75 1.20 112

1532-25-09 278.00 279.00 1.00 145

1532-25-09 282.00 298.00 16.00 198

1532-25-09 301.00 305.80 4.80 148

1532-25-10 231.15 251.00 19.85 189

1532-25-10 256.50 258.50 2.00 189

1532-25-12 7.15 9.30 2.15 101

1532-25-11 8.80 13.30 4.50 134

1532-25-11 53.60 54.80 1.20 107

1532-25-11 66.20 76.00 9.80 230

1532-25-11 95.70 101.80 6.10 178

1532-25-11 105.05 106.10 1.05 303

1532-25-15 26.65 27.95 1.30 104

1532-25-15 100.65 101.65 1.00 209

* Nb 2 O 5 are Ta 2 O 5 are oxide equivalents calculated based on laboratory results for the elements Nb and Ta.

Table 3: Composites of Intercepted Mineralization for total rare earth elements (TREE)

Drill Hole From

(m) To

(m) Length

(m) REE Total

(ppm)

1532-25-08 105.70 110.35 4.65 1618

1532-25-08 368.50 369.65 1.15 1353

1532-25-09 76.30 77.66 1.36 1676

1532-25-09 93.65 95.65 2.00 1868

1532-25-09 112.60 113.80 1.20 1091

1532-25-09 174.20 177.45 3.25 1096

1532-25-09 179.70 185.80 6.10 1486

1532-25-09 188.10 197.45 9.35 1467

1532-25-09 212.55 216.60 4.05 1078

1532-25-09 219.25 220.90 1.65 1184

1532-25-09 342.30 343.40 1.10 1453

1532-25-10 11.70 24.25 12.55 1430

1532-25-10 25.80 28.00 2.20 1351

1532-25-10 31.65 32.65 1.00 1111

1532-25-10 69.20 70.30 1.10 1181

1532-25-10 71.80 73.95 2.15 1539

1532-25-10 77.45 78.45 1.00 1529

1532-25-10 83.65 84.80 1.15 1491

1532-25-10 87.45 89.00 1.55 1696

1532-25-10 103.25 104.25 1.00 1644

1532-25-10 130.40 131.75 1.35 1428

1532-25-10 161.25 162.30 1.05 1380

1532-25-10 167.65 171.20 3.55 1075

1532-25-10 172.40 175.70 3.30 1212

1532-25-10 180.90 182.90 2.00 1082

1532-25-10 260.55 263.15 2.60 1082

1532-25-10 339.10 340.80 1.70 1317

1532-25-14 8.50 11.50 3.00 1053

Table 4: Composites of Intercepted Mineralization for Sr (strontium)

Drill Hole From

(m) To

(m) Length

(m) Sr

(ppm)

1532-25-01 9.40 10.50 1.10 1200

1532-25-01 28.10 29.40 1.30 1202

1532-25-01 39.15 40.15 1.00 1440

1532-25-01 44.60 47.50 2.90 1221

1532-25-01 50.00 52.50 2.50 1352

1532-25-01 55.20 57.20 2.00 1475

1532-25-01 61.00 62.00 1.00 1030

1532-25-01 68.50 71.80 3.30 1228

1532-25-01 74.00 75.00 1.00 1540

1532-25-01 93.40 94.65 1.25 1460

1532-25-01 104.20 107.65 3.45 1107

1532-25-01 115.00 118.75 3.75 1156

1532-25-01 126.00 128.50 2.50 1137

1532-25-01 133.60 135.00 1.40 1170

1532-25-02 13.55 15.05 1.50 1410

1532-25-02 35.80 39.00 3.20 1369

1532-25-02 66.70 70.45 3.75 1221

1532-25-02 109.95 112.00 2.05 1101

1532-25-02 131.30 132.40 1.10 1118

1532-25-02 153.05 154.55 1.50 1620

1532-25-02 170.10 172.50 2.40 1223

1532-25-02 185.90 189.00 3.10 1444

1532-25-02 190.75 195.35 4.60 1858

1532-25-02 197.80 200.00 2.20 1177

1532-25-02 205.20 213.00 7.80 1421

1532-25-02 216.40 224.10 7.70 1563

1532-25-02 229.10 234.10 5.00 1317

1532-25-02 237.20 238.20 1.00 2320

1532-25-02 245.65 246.65 1.00 1090

1532-25-03 11.65 12.90 1.25 2500

1532-25-03 16.00 17.00 1.00 1300

1532-25-03 100.40 104.85 4.45 1046

1532-25-03 145.35 146.60 1.25 1546

1532-25-04 19.60 21.60 2.00 1141

1532-25-04 70.30 71.60 1.30 1450

1532-25-04 99.10 100.15 1.05 1540

1532-25-04 165.85 166.85 1.00 1010

1532-25-04 168.85 169.95 1.10 1100

1532-25-04 200.80 203.00 2.20 1476

1532-25-04 229.00 231.00 2.00 1210

1532-25-04 265.65 271.45 5.80 1359

1532-25-04 275.50 276.55 1.05 2750

1532-25-04 280.75 286.70 5.95 1113

1532-25-05 100.45 101.95 1.50 1140

1532-25-05 111.55 114.50 2.95 1275

1532-25-05 116.60 117.80 1.20 1434

1532-25-05 121.00 125.05 4.05 1304

1532-25-06 88.65 89.70 1.05 1660

1532-25-06 185.35 189.30 3.95 1004

1532-25-06 194.65 195.70 1.05 1330

1532-25-06 217.55 218.60 1.05 1240

1532-25-06 221.60 226.00 4.40 1390

1532-25-06 242.30 244.30 2.00 1073

1532-25-06 248.00 249.00 1.00 1020

1532-25-06 250.00 252.80 2.80 1001

1532-25-07 30.50 31.65 1.15 1100

1532-25-07 59.00 60.00 1.00 1190

1532-25-07 97.50 100.90 3.40 1046

1532-25-07 115.15 116.65 1.50 1302

1532-25-08 14.50 17.00 2.50 3676

1532-25-08 36.70 37.70 1.00 1485

1532-25-08 46.30 47.70 1.40 4761

1532-25-08 68.85 72.50 3.65 1982

1532-25-08 104.00 113.25 9.25 4583

1532-25-08 138.10 140.80 2.70 3837

1532-25-08 143.25 146.35 3.10 3211

1532-25-08 177.60 179.35 1.75 2443

1532-25-08 266.70 269.50 2.80 1778

1532-25-08 303.35 305.15 1.80 3868

1532-25-08 312.10 315.50 3.40 2393

1532-25-08 316.50 318.50 2.00 1170

1532-25-08 322.40 326.80 4.40 1884

1532-25-08 332.50 333.50 1.00 1670

1532-25-08 335.00 336.00 1.00 1100

1532-25-08 345.05 357.80 12.75 1678

1532-25-08 362.70 366.20 3.50 1972

1532-25-08 368.50 369.65 1.15 5750

1532-25-08 372.10 379.70 7.60 3142

1532-25-09 41.40 44.40 3.00 2794

1532-25-09 57.1 59.75 2.65 2136

1532-25-09 76.3 77.66 1.36 8500

1532-25-09 82.55 85.9 3.35 3811

1532-25-09 93.65 95.65 2 7940

1532-25-09 108 109.5 1.5 3663

1532-25-09 112.6 118.3 5.7 3616

1532-25-09 174.2 185.8 11.6 4775

1532-25-09 187 198.45 11.45 5273

1532-25-09 210 213.1 3.1 2245

1532-25-09 213.5 224.65 11.15 4198

1532-25-09 276 277 1 1040

1532-25-09 280 283 3 1008

1532-25-09 342.3 343.4 1.1 8830

1532-25-09 367.45 371.6 4.15 2556

1532-25-10 11.7 28 16.3 6895

1532-25-10 31.65 32.65 1 5410

1532-25-10 69.2 73.95 4.75 4617

1532-25-10 77.45 78.45 1 7080

1532-25-10 83.65 84.8 1.15 7850

1532-25-10 87.45 89 1.55 8322

1532-25-10 103.25 106.95 3.7 3565

1532-25-10 108.6 110.4 1.8 4291

1532-25-10 112.45 114.7 2.25 3285

1532-25-10 130.4 132.65 2.25 5662

1532-25-10 161.25 162.3 1.05 7629

1532-25-10 167.65 171.2 3.55 4979

1532-25-10 172.4 175.7 3.3 6130

1532-25-10 180.9 184.35 3.45 3579

1532-25-10 213.85 216.25 2.4 1170

1532-25-10 226 229.2 3.2 2074

1532-25-10 231.15 235 3.85 1564

1532-25-10 242 243 1 1350

1532-25-10 246 247 1 1060

1532-25-10 251 252.65 1.65 4107

1532-25-10 259.5 266 6.5 2528

1532-25-10 339.1 340.8 1.7 7541

1532-25-12 19.5 20.5 1 1020

1532-25-12 124.15 126.5 2.35 1345

1532-25-12 147.5 150 2.5 1234

1532-25-13 15.6 17 1.4 1010

1532-25-13 24.5 25.8 1.3 1135

1532-25-13 64.55 69 4.45 1161

1532-25-13 77.2 82.5 5.3 1064

1532-25-13 84 87 3 1160

1532-25-13 97.7 100.2 2.5 1904

1532-25-14 10 11.5 1.5 1360

1532-25-14 16.1 17.25 1.15 1050

1532-25-14 22.7 25.7 3 1811

1532-25-14 28.65 33 4.35 1101

1532-25-14 41 42 1 1230

1532-25-14 102.75 106.8 4.05 1082

1532-25-14 108 111.15 3.15 1490

1532-25-14 114.8 115.95 1.15 1020

1532-25-11 6.05 8.8 2.75 1038

1532-25-11 26.5 29.25 2.75 1117

1532-25-11 47.95 50.4 2.45 1060

1532-25-11 59 60.5 1.5 1160

1532-25-11 69.1 78.9 9.8 1710

1532-25-11 97 98 1 1180

1532-25-11 110.75 113.35 2.6 1129

1532-25-11 119.5 121 1.5 1030

1532-25-11 128.1 130.2 2.1 1550

1532-25-11 144.95 147.75 2.8 1596

Drill Hole locations

Drill Hole Number Azimuth Dip Length NAD83_z18 - E NAD83_z18 - N NAD83_z18 - Z

1532-25-01 230 -45 150 663171.63 5479817.67 347.40

1532-25-02 230 -70 264 663171.51 5479817.80 338.71

1532-25-03 230 -45 159 663220.32 5479755.95 336.90

1532-25-04 230 -70 300 663221.10 5479756.16 329.75

1532-25-05 230 -45 174 663281.86 5479706.21 336.96

1532-25-06 230 -70 261 663282.23 5479706.43 336.96

1532-25-07 230 -45 156 663353.70 5479611.03 329.39

1532-25-08 230 -45 381 660550.21 5482902.26 335.32

1532-25-09 230 -45 372 660146.33 5483445.79 317.49

1532-25-10 230 -45 354 660040.42 5483531.43 308.73

1532-25-11 230 -45 153 663424.41 5479547.45 324.97

1532-25-12 230 -45 150 663499.51 5479459.54 322.42

1532-25-13 230 -45 150 663602.38 5479378.58 328.56

1532-25-14 230 -45 150 663664.82 5479316.19 331.36

1532-25-15 50 -45 150 663423.39 5479547.18 323.82

Figure 1: Map of the 2025 Campaign

Qualified person

This press release has been reviewed and approved by Jean-Sébastien David, P.Geo., a Qualified Person under National Instrument 43-101. Mr. David is President and CEO of NioBay.

About NioBay Metals Inc.

NioBay aims to become a leader in the development of mines with low carbon consumption and responsible water and wildlife management practices while prioritizing the environment, social responsibility, good governance, and the inclusion of all stakeholders. Our top priority, which is critical to our success, is the consent and full participation of the Indigenous communities in whose territories and/or on ancestral lands we operate. In addition to other properties, NioBay holds a 100% interest in the James Bay Niobium Project located 45 km south of Moosonee, in the Moose Cree Traditional Territory of the James Bay Lowlands in Ontario. NioBay also holds a 72.5% interest in the Crevier Niobium and Tantalum project located in Québec and on the Nitassinan territory of the Pekuakamiulnuatsh First Nation.

About Niobium

Niobium is a naturally occurring element. It is a metal that is ductile, malleable and highly resistant to corrosion. Because it enhances properties and functionalities, niobium is used in a wide range of materials and applications in the Mobility, Structural and Energy sectors. Niobium transforms materials. When added to materials like steel, glass and aluminum castings, niobium makes them more efficient and lowers environmental impacts, while also increased value.

Cautionary Statement

Certain statements in this press release constitute “forward-looking information” under applicable Canadian securities laws, including statements regarding the Company's plans. These statements are necessarily based on a number of beliefs, assumptions and opinions of management as of the date they are made and are subject to numerous risks and uncertainties that could cause actual results and future events to differ materially from those expressed or implied in such statements. The Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change, unless required by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.

FOR MORE INFORMATION, CONTACT:

NioBay Metals Inc.

Jean-Sebastien David, geo.

President & Chief Executive Officer

Tel.: 514 866-6500

jsdavid@niobaymetals.com

www.niobaymetals.com

Kimberly Darlington

Investor Relations

kimberly@refinedsubstance.com

Tel: 514-771-3398

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/967ce4a2-5c06-4f73-8ba4-346bdcf7d4ba

Earlier from Niobay Metals Inc.