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
Atchison Walmart robbery sparks suspect search
Brown Co man involved in fatal central KS crash
Accused Atchison Walmart robber arrested Wed
Packed hearing Thurs for Atchison Co Lake's future
Wrecked motorcyclist escapes serious injuries
Decision made on future of Atchison Co Lake
New Jeff Co North leadership hired
Local judge among 15 seeking Supreme Court vacancy
Atchison's black business past set for renewal
Two arrested after Jackson Co traffic stop
Nemaha Co Attorney discusses retirement plans with commission
Jackson Co voters to face special question in November
Plea entered in Jackson Co child sex case
Flags to fly in honor of fallen KS paramedic
Lancaster Fire gains firetruck
HCC successfully concludes DOJ settlement agreement
Falls City Council moves forward with bonding for future electrical needs
USD 430 retirees recognized at board meeting
LATEST STORIES
Suspect arrested in Jackson Co vehicle theft
Familiar name in local radio being remembered
Auburn BPW updates water situation
Atchison's pool to open Saturday; some rates increased
Falls City Council approves expenditures
Update on May 19 SE NE tornado
Accused Atchison Walmart robber arrested Wed
New 3-county extension district formation explored
Hiawatha, Ks 66434