The Crevier deposit was discovered in 1974 by SOQUEM. In 2008, NioBay Metals acquired it with the goal to extract both niobium and tantalum. Thanks to the Crevier project, NioBay Metals would become the only producer of niobium oxide and tantalum in North America: located 50 km north of Girardville, in Québec’s tier-one mining jurisdiction, the Crevier project benefits from excellent infrastructure within a well-established industrial region. Its proximity to the Niobec mine (a division of Magris Resources) supports future development optionality through existing regional expertise on critical minerals.
Crevier
Project Development
The project hosts a high-value resource with an NSR of US$100/t, including measured and indicated resources of 25.4 Mt grading 0.20% Nb₂O₅ (49.7 Mkg) and 234 ppm Ta₂O₅ (5.9 Mkg), as well as inferred resources of 15.4 Mt grading 0.17% Nb₂O₅ (26.2 Mkg) and 252 ppm Ta₂O₅ (3.9 Mkg). A 2019 PEA update outlines a competitive and economically attractive project. The successful 2025 summer program included 15 drill holes totaling 3,324 m, confirming mineralization over more than 6 km of strike length. In addition, a 140-tonne bulk sample was completed to support advanced mineralogical studies and pilot-scale testing.
3D Modelling of Orebody at Crevier
Niobium Orebody
Tantalum Orebody
Estimated advantages of the project (Preliminary Economic Assessment, 2020)
Geology and Mineralization
The property comprises a nepheline syenite dyke exhibiting pegmatitic texture that stretches more than three kilometers. It hosts a niobium and tantalum mineralization estimated at 25.4 million metric tons of mineralization.
Map of the drilling work performed in 2025
Community relations
First Nations
In February 2023, NioBay Metals Inc. and Pekuakamiulnuatsh Takuhikan signed a cooperation agreement for the advanced exploration and development of the Crevier Project. The cooperation agreement signed aims to provide a framework for future work that will assist in the development of the Crevier Project.
Neighbouring citizens
We maintained close contact with the municipality on our activities and results. A letter was sent to the citizens of the neighboring municipality of Girardville. During the evolution of the project, communications, meetings will be organized.
We carried out advanced prospecting and took surface rock samples in June-July 2022 on our claims located south of Lac à la Truite. A drilling campaign, initially planned for 13 holes totaling 3250 m of drilling, resulted in a campaign of 10 holes for 4,000 m of drilling and was carried out from the beginning of September to the beginning of November. There is currently no field work on the site. The type of mineralization sought in this sector is niobium and tantalum, two metals on the list of strategic metals for Canada.
There are no properties on the site of current and future works. According to the results of the fall 2022 campaign, other drilling will be necessary (of the same type and of the same magnitude) in order to better understand the geology of this sector.