NIOB Seigneurie Assays: 76.7 ppm Dysprosium, 528 ppm HREO

Assay composites were calculated as length-weighted averages at cutoff grades of 40 ppm Dy₂O₃ and 200 ppm HREO. Interval boundaries sit at or above those cutoffs, with a maximum of 4 metres of internal dilution. Samples were NQ-size half-core, split along the core axis and sampled over intervals of roughly 0.5 to 1.0 metre. SGS Canada Inc. performed the analysis at an ISO/IEC 17025-accredited facility using sodium-peroxide-fusion ICP-MS for rare earths and fused-bead XRF for niobium. About 13% of submitted samples were QAQC standards.

The Qualified Person, Clyde McMillan, P.Geo., reviewed the technical information and verified the assay certificates. Approximately 5% of QAQC samples are still under review.

For a junior explorer, the next question is whether higher-grade intercepts exist nearby. A second hole returning significantly higher Dy₂O₃ grades, or TIMA results showing that the rare earths concentrate in a specific mineral phase that can be upgraded by standard processing, would confirm the thesis. The risk on the other side: subsequent drilling could fail to replicate even these modest grades, or the mineralogy could reveal the rare earths are locked in refractory minerals that resist conventional recovery.

The TIMA Study and Follow-Up Drilling

The next catalyst for the project is the TIMA (automated mineralogy) study, which will determine the deportment of niobium and rare earths inside the pegmatite. That study should provide a more informative data point than the initial assays alone. The company plans to continue systematic exploration across its Quebec portfolio before determining next steps at Seigneurie. No timeline was given for the TIMA study or additional drilling.