(KLZA)-- NioCorp Developoments recently announced the promotion of Scott Honan to the newly created position of Chief Operating Officer.

Honan joined the company in 2014 and has been instrumental in the characterization of the Elk Creek Project's significant reserve and resource assets, as well as the design of the projects proposed underground mine and surface processing facility. 

NioCorp CEO and Executive Chairman Mark Smith noted in a news release announcing the promotion that Honoan will remain President of Elk Creek Resources Corporation.