North American Niobium identifies targets in Quebec

Executive Summary

• North American Niobium and Critical Minerals Corp. has identified multiple priority drill targets across its Quebec critical mineral portfolio following $4.82-million in flow-through financing secured in 2025.
• The company plans an approximately 10,000-metre drill campaign before the end of 2026 to test targets at the Seigneurie, Bardy, Blanchette, Miskam, and Sabot projects.
• Geological analysis suggests the La Tuque area hosts evidence of multiple mineralizing events (separated by 35–90 million years), increasing the potential for niobium and rare-earth element (REE) discoveries.

Key Details

• Drilling Plan: Approximately 10,000 metres of drilling planned for 2026, with flexibility to adjust allocation based on incoming data.
• Target Projects: Seigneurie, Bardy, Blanchette, Miskam, and Sabot.
• Geological Context:
  • Targets are associated with alkaline systems, specifically carbonatite-associated systems, evolved syenitic intrusive phases, and late-stage pegmatitic or hydrothermal expressions.
  • In the La Tuque area, historical data indicates two distinct mineralizing events: older pegmatites (1,060–1,070 Ma) and younger syenitic intrusions (1,025–981 Ma).
  • Soil-gas radon work in La Tuque is nearing completion; high-resolution magnetic drone surveys at Bardy and Blanchette are delayed by weather and personnel.
• Project-Specific Updates:
  • Seigneurie: Intrusive target may exceed 300 metres in width; drilling will test width and internal zoning for Nb and REE accumulation.
  • Sabot: Backpack drill campaign planned for April/May to test syenite-related exploration strategy.
  • Miskam: Land position expanded into an area with government-defined niobium-lanthanite-yttrium anomalies and mapped alkaline intrusive geology.
  • Bardy & Blanchette: Refinement of targets using radon results, selective sampling, and geological interpretation; magnetic survey remains part of broader targeting.
• Permitting: Company expects future ATI (Authorization to Install) applications to advance efficiently based on established stakeholder relationships; additional applications planned to support drilling.
• Qualified Person: Clyde McMillan, PGeo (OGQ No. 2193), reviewed and approved technical information under National Instrument 43-101.

Notable Quotes

• "Our drill targeting pipeline across Quebec has substantially improved... What is emerging is a district-scale picture with multiple targets and, in the La Tuque area... evidence of more than one mineralizing event. That gives us multiple opportunities to test for niobium, rare earths and other critical elements during what we expect will be an active 2026 drill campaign." — Murray Nye, CEO