NioBay Metals announced initial results from its 2026 drilling campaign at the Crevier niobium and tantalum project, revealing multiple drill holes with tantalum grades exceeding the deposit's average. The 10,000-meter campaign focused on the northern sector, known for higher tantalum content, and aims to update the resource estimate. Drilling is expected to conclude by the end of October, with further results forthcoming. This progress supports NioBay's plan to produce niobium oxide for batteries and high-purity tantalum oxide, emphasizing responsible environmental and community engagement.
NioBay Metals' new mineralized intersections come amid a Basic Materials sector where 38 of 62 US stocks rose and 18 fell on Pluang. For readers following Basic Materials, here is Pluang's market snapshot as of Oct 13, 2026 18:11 WIB: AngloGold Ashanti Limited (AU) traded at USD 95.80 with a 1-day change of +2.53% and a typical hold time of 49 days, showing 91% sell order activity; Equinox Gold Corp. (EQX) was at USD 11.39, up 1.70%, with a 4-day hold time; Endeavour Silver Corp. (EXK) traded at USD 8.41, down 1.52%, with 100% buy order activity and a 25-day hold time.
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