NioBay Announces the Completion and Success of Metallurgical Work on the Crevier Project

Original announcement by tmx on

Company
NioBay Metals Inc.
Ticker
NBY
Exchange
TSX
Region
Québec
Primary commodity
Niobium
Secondary commodities
Tantalum, Zirconium
Document categories
Metallurgy
Extracted
2026-09-12 14:59:37 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

NioBay has completed successful pilot-scale metallurgical and hydrometallurgical testing at the Crevier Project. The work demonstrated high extraction rates for niobium (92.3%) and tantalum (95.8%), with significant potential for zirconium by-product valorization.

Reasoning: Successful pilot-scale metallurgical testing demonstrating high recoveries and extraction efficiencies for the primary metals and a valuable byproduct.

Positive factors

  • High extraction efficiency for both niobium and tantalum
  • Successful pilot-scale demonstration
  • By-product valorization potential with zirconium
  • High final product purity

Facts used in scoring: 5

Classification and evidence

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: Niobium and tantalum extraction rates of 92.3% and 95.8% are exceptional for the reported processes.

Evidence · text

“overall extraction rates (conventional process) averaging 92.3% for niobium and 95.8% for tantalum”

Pilot Scale Completepositive

Pilot or demonstration plant testing completed under continuous operation.

Why it applies: The release explicitly states the completion of pilot-scale niobium-tantalum concentration process demonstration.

Evidence · text

“Demonstration of the Pilot ‑ Scale Niobium ‑ Tantalum Concentration Process”

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: the document describes a flotation route ("flotation")

Multi-Domain Testedpositive

Variability across ore domains (oxide, transition, fresh) has been addressed.

Why it applies: 3 distinct composites were tested

Extracted facts

Stored fact records: 5. Some facts used in scoring do not have a stored record.

Metallurgical Results (5)

flotationCrevier Project · niobiumRecovery: 70 %Head Grade: 17Head Grade Unit: % Nb₂O₅View all details
Link to this fact

Identity

Project
Crevier Project
Commodity
niobium
Region
canada_qc
Reported Region
Québec
Ticker
NBY

Test Work

Program Status
detailed
Test Type
flotation
Processing Route
Pilot-Scale Niobium Magnetic separation and Flotation
Sample
Pilot-scale niobium magnetic separation and flotation tests on a 10 metric tonne bulk sample

Recovery

Recovery
70 %
Head Grade
17
Head Grade Unit
% Nb₂O₅

Lab

Laboratory
SGS Canada Inc.

Review

Needs Review
No
Historical
No

Dates

Event date
2026-04-08T00:00:00.000Z

Reasoning: 70% recovery of Nb2O5 achieved at targeted grades during pilot-scale testing.

Positive factors

  • Achieved targeted grades

Evidence · text

“demonstrates a 70% recovery of Nb₂O₅, achieving the targeted grades ranging from 17% Nb₂O₅ to 36% Nb₂O₅”

Tags used in scoring

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: processing_route matches the flotation signal

Pilot Scale Completepositive

Pilot or demonstration plant testing completed under continuous operation.

Why it applies: test_type names pilot-scale work

leachingCrevier Project · niobiumRecovery: 92.3 %View all details
Link to this fact

Identity

Project
Crevier Project
Commodity
niobium
Region
canada_qc
Reported Region
Québec
Ticker
NBY

Test Work

Program Status
detailed
Test Type
leaching
Processing Route
conventional process
Sample
Hydrometallurgical extraction (conventional process)

Recovery

Recovery
92.3 %

Lab

Laboratory
SGS

Review

Needs Review
No
Historical
No

Dates

Event date
2026-04-08T00:00:00.000Z

Reasoning: Strong extraction rate of 92.3% for niobium via conventional hydrometallurgical process.

Positive factors

  • High extraction efficiency

Evidence · text

“overall extraction rates (conventional process) averaging 92.3% for niobium”
leachingCrevier Project · tantalumRecovery: 95.8 %View all details
Link to this fact

Identity

Project
Crevier Project
Commodity
tantalum
Region
canada_qc
Reported Region
Québec
Ticker
NBY

Test Work

Program Status
detailed
Test Type
leaching
Processing Route
conventional process
Sample
Hydrometallurgical extraction (conventional process)

Recovery

Recovery
95.8 %

Lab

Laboratory
SGS

Review

Needs Review
No
Historical
No

Dates

Event date
2026-04-08T00:00:00.000Z

Reasoning: Strong extraction rate of 95.8% for tantalum via conventional hydrometallurgical process.

Positive factors

  • High extraction efficiency

Evidence · text

“overall extraction rates (conventional process) averaging ... 95.8% for tantalum”
leachingCrevier Project · niobiumRecovery: 86.4 %Head Grade: 13Head Grade Unit: % Nb₂O₅View all details
Link to this fact

Identity

Project
Crevier Project
Commodity
niobium
Region
canada_qc
Reported Region
Québec
Ticker
NBY

Test Work

Program Status
detailed
Test Type
leaching
Processing Route
alkaline fusion and water leaching
Sample
Alkaline fusion and water leaching on low-grade concentrate

Recovery

Recovery
86.4 %
Head Grade
13
Head Grade Unit
% Nb₂O₅

Review

Needs Review
No
Historical
No

Dates

Event date
2026-04-08T00:00:00.000Z

Reasoning: High extraction yield of 86.4% achieved using alkaline fusion and water leaching on a 13% Nb2O5 concentrate.

Positive factors

  • High extraction yield from low-grade concentrate

Evidence · text

“achieved high extraction yields - 86.4% for niobium”
leachingCrevier Project · tantalumRecovery: 91.4 %Head Grade: 13Head Grade Unit: % Nb₂O₅View all details
Link to this fact

Identity

Project
Crevier Project
Commodity
tantalum
Region
canada_qc
Reported Region
Québec
Ticker
NBY

Test Work

Program Status
detailed
Test Type
leaching
Processing Route
alkaline fusion and water leaching
Sample
Alkaline fusion and water leaching on low-grade concentrate

Recovery

Recovery
91.4 %
Head Grade
13
Head Grade Unit
% Nb₂O₅

Review

Needs Review
No
Historical
No

Dates

Event date
2026-04-08T00:00:00.000Z

Reasoning: High extraction yield of 91.4% achieved using alkaline fusion and water leaching on a 13% Nb2O5 concentrate.

Positive factors

  • High extraction yield from low-grade concentrate

Evidence · text

“achieved high extraction yields - ... 91.4% for tantalum”

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.