Mr. Murray Nye reports

NIOB INTERSECTS 8 METRES OF SYENITIC PEGMATITE AT BARDY

The first drill program at North American Niobium and Critical Minerals Corp.'s Bardy property has validated the company's targeting approach. Drill hole BBY-2026-006 intersected an 8.0-metre interval of syenitic pegmatite from 139.70 m to 147.70 m, including a 0.20-metre zone in which allanite, a rare-earth-bearing silicate typically associated with neodymium and praseodymium, was identified in core. This is the most prominent occurrence of the rare-earth-element-bearing mineral observed in the program to date.

"BBY-2026-006 is exactly what we wanted from the first drill program at Bardy," said Murray Nye, North American Niobium's chief executive officer. "An eight-metre syenitic pegmatite carrying visible rare earth mineralization, including a zone of allanite identified in the core. Laboratory assays will confirm what is in the rock, but Bardy is showing the same pegmatite-hosted REE potential we are advancing across our La Tuque district ground."

Highlights:

• 8.0 metres of syenitic pegmatite (139.70 to 147.70 m) intersected in BBY-2026-006, carrying magnetite (identified in core by its strong magnetic response) with trace disseminated pyrite;
• Allanite identified over a 0.20-metre interval (146.20 to 146.40 m) within the pegmatite, the most prominent allanite occurrence logged in the program to date;
• A second allanite-bearing interval higher in the hole, with allanite identified in core over a 0.35-metre interval (71.30 to 71.65 m);
• BBY-2026-006 is the strongest hole of the program to date, drilled on a radon-anomaly-defined dike target during North American Niobium's first drill campaign at Bardy.

Bardy property -- BBY-2026-006

The Bardy property forms part of North American Niobium's district-scale land package in Quebec's Grenville province, in the La Tuque region. BBY-2026-006 was collared to test a dike target defined by soil-gas radon anomalies and high-resolution magnetics and was completed at a final depth of 156 metres.

The hole intersected an 8.0-metre syenitic pegmatite from 139.70 m to 147.70 m containing magnetite with traces of disseminated pyrite. The magnetite is distributed through the pegmatite interval and was identified in core by its strong response to a hand magnet. Within this interval, core logging identified a 0.20-metre zone (146.20 to 146.40 m) in which allanite was observed as millimetric brownish grains.

Allanite is an REE-bearing epidote group mineral. In core, the allanite was identified on the basis of its characteristic dark-green to black prismatic habit, radial fracturing and an associated orange-brown alteration halo, together with a positive response on a hand-held scintillometer consistent with the minor radioactivity typical of the mineral. True widths have not yet been determined and will be estimated once the geological model is updated with the remaining drill hole data.

Visual identification disclosure

Mineral identifications referenced in this release are based on visual and physical core logging, including hand magnet and hand-held scintillometer observations, used as a qualitative aid, and are indicative only. No quantitative abundance estimates have been made, and no laboratory assay results are yet available for the intervals reported. Quantitative geochemical results, including any niobium or rare earth element content, will be reported only following laboratory assay and review against certified reference material, blank and duplicate quality assurance samples by a qualified person.

Qualified person

The scientific and technical information contained in this news release has been prepared in accordance with National Instrument 43-101 (Standards of Disclosure for Mineral Projects). Clyde McMillan, PGeo, a consultant to the company, a qualified person as defined under NI 43-101, has reviewed and approved the technical information contained herein.

About North American Niobium and Critical Minerals Corp.

North American Niobium is a North American mineral exploration company focused on the acquisition and development of precious, base and critical mineral assets. Its portfolio includes the Silver Lake property in British Columbia's Omineca mining division and a district-scale land package covering 29,936 hectares in Quebec's Grenville province. The Quebec properties host rare earth element, niobium and nickel-copper occurrences, expanding the company's footprint into critical minerals that are strategically important for energy and defence applications.

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