Printer Friendly
Email to a Friend
NioCorp drill rig at Elk Creek
(KLZA)-- NioCorp Developments Ltd. has announced the company has formally exercised an option-to-purchase agreement on a key land parcel associated with the Company’s Elk Creek Superalloy Materials Project.
Once the purchase is finalized, NioCorp will own the surface land on which the Project’s mine infrastructure and supporting operations will be located once sufficient project financing is obtained to allow the Project to proceed.
The land purchase will also give NioCorp ownership of the mineral rights to more than 90% of the Project’s Mineral Resource and Mineral Reserve.
NioCorp Chief Operations Officer Scott Honan personally delivered NioCorp’s option exercise to the southeast Nebraska landowner Monday.
Further details of the purchase were not made public at the request of the landowner.
© Many Signals Communications
MOST VIEWED STORIES
Holton man killed in Jackson Co crash
Morrill pair arrested on drug, child endangerment charges
Falls City man sentenced to Federal Prison
Ground Broken for new Sac and Fox Trad'n Post
Local residents avoid injury in chain reaction crash
Jackson Co traffic stop leads to arrest
Horton City Clerk's resignation accepted Monday
90 mph+ downburst winds blamed for Thursday damage
One held for past Atchison shooting
Inmate dies at Lansing Correctional Facility
Wamego man sentenced in second fentanyl-related death
Stolen trailer, 4-wheeler, recovered in Atchison
Early Thursday storms leave damage, outages, locally
Mayetta pair arrested on meth, child endangerment charges
Juveniles face charges following Atchison break-in
Mound City Mayor Duane Nauman remembered
Brown Co Planning Commission established
LATEST STORIES
Effingham owner regains truck following theft, arrest
Cold case investigation leads to Holton warrant
Senator Slama on tax relief efforts
SE Nebraska March unemployment report
Falls City Career Academy to open during 24-25 school year
Denim Day declared for Nebraska state colleges
McLouth man injured in Monday wreck
Horton City Clerk's resignation accepted Monday
Hiawatha, Ks 66434