North American Niobium Says First Drill Program at Its Bardy Property Intersects Pegamite, REE, Mineralization
North American Niobium and Critical Minerals' (NIOB.CN) on Thursday said it initial drill program at its Bardy property in Quebec showed pegmatite and rare-earth mineralization, the company said on Thursday.North American said drilling intersected an 8.0-meter interval of syenitic pegmatite, including a 0.20-meter zone of allanite, a rare-earths mineral."Laboratory assays will confirm what is in the rock, but Bardy is showing the same pegmatite-hosted REE potential we are advancing across our La Tuque district ground," added chief executive Murray Nye.NIOB shares were last seen up $0.005 to $0.095 on the Canadian Securities Exchange.Price: $0.58, Change: $+0.01, Percent Change: +1.75%