NioBay and Midland Commence Drilling Campaign on La Peltrie

Niobay Metals Inc.

MONTREAL, QUEBEC--(Marketwired - Oct. 10, 2017) - Niobay Metals Inc. ("NioBay" or the "Company") (TSX VENTURE:NBY) is pleased to announce the commencement of a diamond drilling campaign on the La Peltrie gold property located in Québec, on which Niobay can earn an interest of up to 65%. The La Peltrie property is currently wholly-owned by Midland Exploration Inc. ("Midland"). See press release of September 6, 2017 for details of the option agreement with Midland. The La Peltrie property consists of 520 claims totalling approximately 288 square kilometres and covers, over more than 25 kilometres, a series of NW-SE-trending subsidiary faults to the south of the regional Lower Detour Fault.