Drill Results
North American Niobium and Critical Minerals Corp. Expands Land Package In Quebec

NIOB · Price
Executive Summary
- North America Niobium and Critical Minerals Corp. acquired additional mineral claims, extending the Seigneurie Property by 12 claims and adding a new exploration project in Escoumins, Québec.
- The acquisitions increase the company’s land footprint along a >27 km structural trend rich in carbonatite-hosted REE potential and introduce historic drill‑tested uranium/thorium pegmatites for future critical mineral evaluation.
- Management plans to prioritize geochemical and geophysical work on the expanded Seigneurie Property while compiling historical data for Escoumins, positioning the company for early‑stage discovery of rare‑earth elements and other critical minerals.
Key Details
- Seigneurie Property Expansion
- Added 12 mineral claims (exclusive exploration rights) extending coverage along a >27 km prospective structural/magmatic trend.
- Carbonatite outcrop identified; carbonatites are primary hosts for REEs worldwide.
- Recent work returned anomalous REE values, supporting further land consolidation.
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Planned next steps: systematic geochemical and geophysical surveys to refine targets, identify intrusive centers, and prioritize zones for follow‑up exploration.
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Escoumins Property Acquisition
- New project in the Escoumins municipality; historic SOQUEM drilling (1970s) intersected uranium‑ and thorium‑bearing granitic pegmatites.
- No prior REE or critical mineral assays; property considered under‑evaluated by modern standards.
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Current phase: data compilation and technical assessment to define a modern exploration approach.
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Strategic Rationale
- Land consolidation in underexplored, geologically prospective terrain enhances discovery potential for REEs, niobium, nickel‑copper, and other critical minerals.
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Focus on cost‑effective acquisition and disciplined early‑stage exploration execution to build a pipeline of high‑value targets.
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Management Comments
- CEO Murray Nye emphasized that the expanded land package reflects a “disciplined, geology‑driven approach” and positions the company to advance its critical mineral strategy.
Notable Quotes
“The expanded land package reflects a disciplined, geology-driven approach to property consolidation in underexplored but highly prospective areas.” – Murray Nye, CEO
All forward‑looking statements are subject to risks and uncertainties detailed in the release.
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Jun 18, 2026 · 07:30