NioCorp (NB) Developments has engaged multiple engineering and consulting firms to complete work required to update NioCorp’s Feasibility Study for the Elk Creek Critical Minerals Project. The firms have been engaged to complete engineering and costing of all elements of the Project. Dahrouge Geological Consulting is expected to serve as the lead author of the Feasibility Study. As announced on April 22, 2025, NioCorp is launching a drilling campaign this week at the Elk Creek Project site designed to support the conversion of a portion of its current Indicated Resources into Measured Resources and the subsequent conversion of a portion of its current Probable Mineral Reserves into Proven Mineral Reserves at the Project.
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