North American Niobium Adds to Quebec Niobium and Rare Earths Holdings

Executive Summary

• North American Niobium and Critical Minerals Corp. acquired 73 mineral claims covering ~4,222 ha in the La Tuque area of Québec (Miskam Project).
• The newly staked land sits within an alkaline intrusive setting with anomalous niobium‑lanthanum‑yttrium geochemistry (≈99th percentile) identified from Québec government bottom‑lake sediment datasets.
• Company plans immediate field validation, sampling and target prioritisation to assess niobium‑rare earth element potential.

Key Details

• Acquisition scope: 73 mineral claims (4,222 ha) staked ~45 km NW of La Tuque; 21 of the claims are pending transfer approval.
• Geological context: Property lies ~2 km west of the Sabot Project in a similar syenitic intrusive environment; mapped oval‑shaped alkaline intrusion (~7 × 10 km).
• Geochemical anomalies: Government SIGÉOM bottom‑lake sediment data show niobium, lanthanum and yttrium values at the ~99th percentile across the area. Two government rock samples returned REE concentrations of 713.9 ppm and 785.67 ppm.
• Exploration model: Targets include near‑surface contact zones, intrusion‑related breccias, layered magma zones, late‑stage plugs/dikes/pegmatites, and potential carbonatite associations—consistent with Beard et al. (2022) alkaline‑silicate REE‑HFSE systems.
• Next steps: Conduct field validation, systematic sampling, and target refinement; prioritize follow‑up work based on geochemical and structural controls.
• Strategic rationale: Expands the Company’s footprint in Québec’s Grenville Province, enhancing exposure to niobium and rare earth element prospects aligned with its critical‑minerals focus.

Notable Quotes

“We saw an opportunity to secure this land package based on intriguing signs in a favourable geological environment… The permitting pathway and stakeholder engagement approach for this area should help streamline near‑term planning.” – Murray Nye, CEO