Niobay Metals (TSE:NBY) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
NioBay Metals Inc. has revealed the discovery of phosphate in addition to titanium at their Foothills Project in Quebec, indicating potential for local supply amidst Ottawa’s authorization for Canadian aerospace companies to purchase Russian titanium. The confirmation of phosphate comes from re-sampled historic drill holes, enhancing the prospects of the project. NioBay’s CEO expressed optimism for the recent findings and their contribution to finding new, local sources of titanium.
For further insights into TSE:NBY stock, check out TipRanks’ Stock Analysis page.