Niocorp Developments Ltd (NB)

[BL4Nio]

Under President Trump's America First Energy Plan:

“President Trump is committed to eliminating harmful and unnecessary policies such as the Climate Action Plan and the Waters of the U.S. rule,”

Niocorp believed that they had little to no issues with the issue of the WOTUS from the Environmental Assessment in the Jurisdictional Determination given to them by the US Army Core of Engineers (ACOE). However, this just takes that little bit of uncertainty away regarding WOTUS, and just makes it certain we will not have to deal with those potential issues any more.


"On September 8, 2016 we announced the successful completion of a Jurisdictional Determination (JD) process with the US Army Core of Engineers (ACOE) for the Elk Creek Project. The JD issued by the ACOE identifies wetlands and streams within the Elk Creek Project’s footprint that are considered Waters of the US (WOTUS) and are therefore regulated under the federal Clean Water Act. The Elk Creek Project, as laid out in the Company’s October 15 Preliminary Economic Assessment (PEA), was designed to minimize impacts on WOTUS wetlands and streams. The JD reinforced our belief that there are no WOTUS wetlands and streams in the immediate footprint of the Elk Creek Project’s mine mouth and product processing facilities."