MONTREAL, QUEBEC–(Marketwired – March 6, 2017) – Niobay Metals Inc. (“NioBay” or the “Company”) (TSX VENTURE:NBY) is pleased to provide the first results of a re-assaying program to validate historical data at the James Bay Niobium Project near Moosonee, in northeastern Ontario. In the fall of 2016, a total of 12 historical drill holes were re-logged and re-assayed. The first re-assay results confirmed the high niobium grade of the core of the James Bay deposit with results obtained in 2017 of 0.79% niobium oxide over 300 feet in hole 1966-2 and 0.85% over 297 feet in hole 1967-115. The following table shows assay results obtained in the 1960’s and the NioBay 2017 re-assay results for the two holes:
