Printer Friendly
Email to a Friend
(KLZA)-- NioCorp has announced plans to initiate a 12-week drilling program at their Elk Creek Project site in Southeast Nebraska in support of an updated feasibility study.
The limited 9-hole drilling campaign is designed to support the conversion of a portion of the current Indicated Resources into Measured Resources and the subsequent conversion of a portion of its current Probabley Mineral Reserves into Proven Mineral Reserves.
The updated study is a necessary part of the due diligence process of the application for debt financing NioCorp is seeking from the U.S. Export-Import Bank.
The NioCorp minerals project is designed to potentially produce critical minerals that China is now threatening to withhold from the U.S. and Western allies.
© Many Signals Communications
MOST VIEWED STORIES
Bern teen killed in SE Neb rollover crash
Troy man arrested on drug charges after search warrant
Four injured in Friday Jackson Co crash
Hiawatha teen accused of child porn related crimes
Two arrested after Holton search warrant
Falls City child escapes serious injury after struck by vehicle
Shooting near Mayetta being investigated
Man accused of beating another man with a baseball bat
Local district judge vacancy filled
Juvenile arrested in connection with threat leading to school lockdown
Man killed in Holt Co MO crash
Woman injured when car hits mobility scooter
Atchison's Halloween set for Saturday; parade, trick or treat planned
New Brown Co Commissioner sworn-in
Enrollment down in Prairie Hills USD 113
Atchison Co RWD 5C again placed under boil water advisory
NioCorp completes additional test drilling
Atchison switches water treatment to assist affected suppliers
Falls City Council approves contract for electric service upgrades
LATEST STORIES
EDGE updated status of former Falls City restaurant building
NDOT exploring possible road projects in Falls City area
Nemaha Co NE included in federal aid declaration
Woman injured when car hits mobility scooter
CHCS unveils Holton campus master facility plan
Hiawatha teen accused of child porn related crimes
Falls City child escapes serious injury after struck by vehicle
Juvenile arrested in connection with threat leading to school lockdown
Hiawatha, Ks 66434