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by Will Purcell

The critical and specialty minerals box score for Tuesday was a weak 55-117-138 as the TSX Venture Exchange lost 31 points to 893. Murray Nye's North American Niobium and Critical Minerals Corp. (NIOB) rose one-half cent to 47.5 cents on 196,000 shares. Today's move follows a topsy turvy week that saw the company's stock cap a three-day rally on Friday by adding seven cents to the seven cents it added the previous two days, reaching a 66-cent intraday high.

That rally was the result of North American Niobium and Critical Minerals enthusing that assays from a new hole at its Seigneurie project, near Sept-Isles in the North Coast region of Quebec, "confirm heavy rare earth mineralization". Mind you, it conceded in its next breath that "there's still work to be done" to determine whether the project hosts rare earth or niobium mineralization of economic interest.

The company has assays from a new hole that show 76.7 grams of dysprosium oxide per tonne across a 10-metre interval, with an additional near-surface zone yielding 55.5 grams per tonne across 10.9 metres. North American Niobium and Critical Minerals also notes the hole returned a 32.2-metre zone with 528 grams of heavy rare earth oxides per tonne -- primarily yttrium -- within a 105.45-metre mineralized zone.

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