RE:RE:RE:RE:RE:After such a great year.... Mark Smith is likely Prepping for his conference call next week! ...
For Niocorp :/
CENTENNIAL, Colo., April 16, 2019 — NioCorp Developments Ltd. (“NioCorp” or the “Company“) (TSX: NB; OTCQX: NIOBF) today released the details of a new design for the underground mine at its Elk Creek Superalloy Materials Project (the “Project”) in southeast Nebraska, as well as the results of an updated NI-43-101 Feasibility Study (“2019 FS”). This work completes a critical milestone and further de-risks the Project for project financing.
The 2019 FS update is expected to deliver higher Net Present Value (“NPV”), stronger investment returns, accelerated cash flows, a longer mine life, higher production of all of NioCorp’s planned products in the first 10 years of operation, and a further reduction in execution risk and environmental impacts as compared to the previous project Feasibility Study, which was completed in 2017 (“2017 FS”). An update to the Project’s Mineral Resources and Mineral Reserve estimate1 also was completed, which results in the following: Probable Mineral Reserve tonnage is expanded by 14.7%; tonnage in the Indicated Mineral Resources category is higher by 101.5%; and contained Niobium, Scandium and Titanium in the Indicated Mineral Resources category are higher by 63.9%, 67,4%, and 67.6%, respectively,
NioCorp To Host Conference Call and Webcast on Monday April 22, 2019
NioCorp will host a conference call and live webcast on Monday, April 22, 2019, at 10 a.m. Mountain, featuring Mark A. Smith, NioCorp’s CEO and Executive Chairman, and Scott Honan, President of Elk Creek Resources Corp., to discuss the results of the new Elk Creek mine plan, revised 2019 Feasibility Study, and the Project’s updated Mineral Resource and Mineral Reserve. Details on the conference call and webcast are provided below and participants can register https://www.niocorp.com/niocorp_releases_2019_update_to-elk_creek_feasibility_study/