NioCorp Developments Ltd NB

Metals & Mining Industrial Metals & Minerals

NioCorp Developments Ltd. is a mineral exploration company. The Company, through its subsidiary, Elk Creek Resources Corporation, is engaged in the acquisition, exploration, and development of mineral properties. The Company is developing a superalloy materials project namely the Elk Creek niobium/scandium/titanium property (the Elk Creek Project). The Elk Creek Project is located near Elk Creek, southeast Nebraska, the United States of America. The Company's Project is located approximately 75 kilometers (kms) southeast of Lincoln, Nebraska and 110 kms south of Omaha, Nebraska. The Property consists of 226-acre parcel of land owned along with eight option to purchase agreements (OTP) covering approximately 565 hectares (ha). The Company's Elk Creek Property is a niobium, scandium, and titanium exploration project. The Project includes the Elk Creek carbonatite (the carbonatite) that intruded older precambrian granitic and low to medium grade metamorphic basement rocks.

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NioCorp Developments Ltd

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Post by Betteryear2on May 26, 2023 6:52am

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Post# 35465272

NioCorp Demonstrates Higher Niobium Recovery Rates

New Processing Approach Demonstrates the Ability to Make More Niobium per Tonne of Ore, Produce a Higher Purity Product, and Potentially Address New Markets with Different Niobium Products

CENTENNIAL, CO / ACCESSWIRE / May 25, 2023 / NioCorp Developments Ltd. ("NioCorp" or the "Company") (NASDAQ:NB)(TSX:NB) is pleased to announce that it has successfully demonstrated the ability to recover greater amounts of the critical mineral niobium from each tonne of ore the Company expects to mine at its Elk Creek Critical Minerals Project, located in southeast Nebraska, once sufficient financing is obtained and the project is constructed.

NioCorp Demonstrates Higher Niobium Recovery Rates (accesswire.com)