(KLZA)-- The U.S. Government has named three minerals contained in the mineral resource of NioCorp Developments proposed Elk Creek Critical Minerals Project as among the most vital to U.S. national and economic security of all 54 critical minerals.

All of the major minerals in NioCorp's resource at the proposed Elk Creek Project are designated critical minerals.

As a result, NioCorp believes its project is one of the most strategic pure-play critical minerals projects in the U.S.

A recently issued report by the U.S. Department of the Interior and the U.S. Geological Survey found that three minerals in NioCorp's mineral resource, niobium, dysprosium, and terbium, were named among the top 10 most critical minerals to the U.S.