Northwire Canada EditionSaturday, August 1, 2026
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S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0% S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0%
Drill Results

North American Niobium plans magnetic survey in Quebec

NIOB · Price

Executive Summary

  • North American Niobium and Critical Minerals Corp. plans to conduct a high-resolution magnetic drone (UAV) survey on its 100%-owned Bardy and Blanchette properties in Quebec.
  • The survey aims to identify and delineate prospective granitic pegmatites associated with rare earth elements (REEs) and niobium mineralization, building on positive grab sample results reported in January 2026.
  • The data will be used to refine structural and lithological trends, optimize upcoming soil-gas radon surveys, and adjust backpack drilling programs.

Key Details

  • Survey Scope: Approximately 191 line kilometres of high-resolution UAV magnetic survey.
  • Line Spacing: 50-metre line spacing.
  • Flight Parameters: Nominal altitude of 20 to 30 metres above ground level (AGL).
  • Equipment: Scintrex Cs-VL cesium vapour magnetometer.
  • Target Areas: Priority REE-Nb prospect areas on the Bardy and Blanchette properties, located ~40 km northwest of La Tuque, Que.
  • Geological Rationale: Prospective granitic pegmatites crosscut magnetic mafic intrusions and gneisses, providing magnetic contrast to interpret lithological contacts, structural features, and offsets.
  • Strategic Context: Follows positive grab sample results (news release dated Jan. 15, 2026) and prior targeting work including RadonEx.
  • Next Steps: Integration of magnetic data with existing geological observations to refine priority areas for follow-up mapping and sampling; optimization of coming soil-gas radon survey and backpack drilling program (referenced in Jan. 22, 2026 release).

Notable Quotes

  • "Planning this high-resolution UAV magnetic survey is an important step in executing the exploration strategy we've outlined for Bardy and Blanchette," said Murray Nye, chief executive officer of North American Niobium. "By collecting detailed magnetic data over our highest-priority REE-Nb prospect areas, we aim to better understand the potential extent of the system and focus our next stage of work on the most compelling targets."
Read the original news release →

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