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
One person injured in Brown Co rollover crash
St. Joseph Mo man killed in KS crash
Two killed in two-vehicle Otoe County crash
Sunday evening kitchen fires battled in Atchison; one injured
Pole struck Friday; young cyclist struck Saturday in Atchison hit and run
U.S. 75 project to begin Monday in Brown Co
Atchison man arrested following pursuit
Woman arrested after Holton search warrant
Officer bitten during Atchison arrest
Hiawatha USD 415 Supt. announces retirement
Pottawatomie Co Sheriff's Office K9 dies
City Commission approves removal of breed-specific dog ban
Project to begin Monday on U.S. 36 in Fairview
"Highly anticipated" blackout plates coming to KS
Longtme Falls City business owner dies
New Brown Co Special Education director hired
Falls City Council takes action on vacant properties
LATEST STORIES
Doniphan Co to reapply for grant for ADA project
New Jeff Co North leadership hired
USD 430 retirees recognized at board meeting
Local judge among 15 seeking Supreme Court vacancy
Auburn BPW Stage 3 Drought Contingency remains in place
Free fishing, parks day in Neb Saturday
Falls City School Board receives update on Career Academy
Two local libraries awarded literacy grants
Hiawatha USD 415 Supt. announces retirement
Commission approves ordinance allowing firework sales in city
Hiawatha, Ks 66434