North American Niobium stakes 4,222 hectares in Quebec

Executive Summary

• North American Niobium and Critical Minerals Corp. has staked approximately 4,222 hectares (73 mineral claims) in the Miskam area, located 45 km northwest of La Tuque, Quebec.
• The acquisition expands the company's holdings in an alkaline intrusive setting associated with niobium and rare earth element (REE) geochemical anomalies identified by Quebec government data sets.
• The property shares a geological setting with the nearby Sabot property and features highly anomalous bottom lake sediments and rock samples, supporting a silicate-alkaline exploration model for niobium-REE mineralization.

Key Details

• Land Acquisition: Staked 73 mineral claims totaling approximately 4,222 hectares in the Miskam area, 45 km northwest of La Tuque, Quebec.
• Pending Transfers: Transfers of 21 of the 73 mineral claims remain pending approval.
• Geological Context: The property is approximately 2 km west of the Sabot property and shares a similar geological setting. It is located within the Grenville province.
• Geochemical Anomalies:
  • Highly anomalous bottom lake sediments and rock samples collected by the government align with mapped syenitic intrusions and favorable host rocks.
  • A cluster of anomalous bottom-lake sediment in niobium, lanthanum, and yttrium has been identified, representing approximately the 99th percentile within the referenced government data set (SIGEOM and PRO 2009-03).
  • The anomalous response is strongest near an interpreted alkaline intrusive oval-shaped body (at least 7 by 10 km) and extends into adjacent metasedimentary units of the Wabash complex.
• Rock Sample Grades: Two rock samples collected by government geologists returned elevated total rare earth element (TRE) values:
  • 713.9 ppm TRE
  • 785.67 ppm TRE
• Exploration Model: The company is targeting alkaline systems capable of producing niobium-REE mineralization, specifically looking for:
  • Near-surface and contact zones where alkaline melts react with silica-rich host rocks.
  • Mineralization within layered intrusions.
  • Late-stage, highly evolved intrusive phases (central/apical plugs, sheets, dikes, pegmatites, or hydrothermal zones).
  • Carbonatite-associated systems.
• Next Steps: Field validation and sampling to refine targets and prioritize follow-up work.
• Technical Disclaimer: The technical rationale is interpretive and early-stage, based on public-domain government mapping and geochemical data. These indications do not confirm the presence of mineralization, and there has been insufficient exploration to define a mineral resource.
• Qualified Person: Clyde McMillan, PGeo, consultant to the company, has reviewed and approved the technical information in accordance with National Instrument 43-101.

Notable Quotes

• "We saw an opportunity to secure this land package based on intriguing signs in a favourable geological environment, with nearby prospects that support our targeting concept," said Murray Nye, chief executive officer.
• "Our technical team believes the acquisition made sense, so we moved to purchase the claims. The geological setting we're targeting is consistent with alkaline intrusive environments that can host niobium-rare earth elements mineralization. Importantly, we expect the permitting pathway and stakeholder engagement approach for this area to be consistent with our established Quebec process, which we believe will help streamline near-term planning."