# NiobiumX outlines its main exploration target at Shipshaw

> The company says the centre of the magnetic low has not been drilled and remains an exploration target.

- Canonical URL: https://newsverum.com/en/news/niobiumx-shipshaw-principal-niobium-exploration-target-2026
- Publisher: Newsverum
- Section: Business
- Country: Canada
- Published: 2026-10-20T23:01:23+00:00
- Updated: 2026-10-20T23:01:23+00:00
- Event / data period: 2026-10-20
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NiobiumX Mining outlined its priority exploration target at the Shipshaw niobium property in Quebec on 20 October. The company says the second of two magnetic lows identified in 2010 lies largely beneath Shipshaw, but has not yet been verified.

According to the company, historical drilling tested the anomaly’s rims in 23 holes totalling about 5,850 metres, with carbonatite intersected in each hole; the centre itself remains undrilled. High-resolution airborne magnetic and radiometric surveys, 3D magnetic inversion and historical core review are planned to define the target. The release states that Shipshaw has no mineral resource estimate; the anomaly is not a discovery or resource.

## Data

### Shipshaw property data

Claim package and approximate distance to the Niobec mine as reported by the issuer.

Methodology: The company reports 48 claims covering approximately 2,686 hectares. The nearest claim boundary is about 2 km from Niobec. The central magnetic anomaly has not been drilled; no Shipshaw resource estimate exists.

| Claims (count) | Approximate area (hectares) | Approximate distance to Niobec (km) |
|---|---|---|
| 48 | 2686 | 2 |

Sources: <https://irw-press.com/en/niobiumx-mining-outlines-the-principal-exploration-target-at-its-shipshaw-niobium-property-quebec-the-property-hosts-the-second-of-two-magnetic-lows-identified-north-of-the-saguenay-river/> · Download data: [JSON](https://newsverum.com/api/v1/articles/niobiumx-shipshaw-principal-niobium-exploration-target-2026/data/niobiumx-shipshaw-principal-ni-data?lang=en&format=json) · [CSV](https://newsverum.com/api/v1/articles/niobiumx-shipshaw-principal-niobium-exploration-target-2026/data/niobiumx-shipshaw-principal-ni-data?lang=en&format=csv)

## Sources

- [NiobiumX Mining Inc. (release distributed by ACCESS Newswire; mirror at IRW-Press)](<https://irw-press.com/en/niobiumx-mining-outlines-the-principal-exploration-target-at-its-shipshaw-niobium-property-quebec-the-property-hosts-the-second-of-two-magnetic-lows-identified-north-of-the-saguenay-river/>) (Source checked: 2026-10-21; Published: 2026-10-20)

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