DEVELOPMENT NEWS Niocan Advances Project in Quebec

NIOCAN, which hopes to mine niobium near Oka, Que., has received a positive decision from the provincial public hea...
NIOCAN, which hopes to mine niobium near Oka, Que., has received a positive decision from the provincial public hearing office on environment (BAPE). It is awaiting word from the Quebec Administrative Tribunal (TAQ) in November to confirm the positive decision of the Agricultural Land Commission (CPTAQ) regarding land use. With these in hand, Niobec can complete its application to the Ministry of Environment for its Certificate of Authorization, and development can proceed.

The property has two deposits (grading 0.66% and 0.56% Nb2O5) estimated to support 17 years of production. Niobec plans to sink a shaft and drive a service ramp to reach the mineralization. A mill and ferroniobium plant are also planned. The operation would produce 2,800 tonnes of Nb contained in 4,500 tonnes of ferroniobium annually.

For the latest information on the project, contact president & CEO Richard Faucher at 514-288-8506.

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