Niocorp Developments Ltd (NB)

[LCP77]

Niobec average grade is 0.42%. Niocorp is 0.65%
From their websites:


NIOBEC (100%) Tonnes

Probable Reserves 422,900 0.42% 1,768
Measured Resources 291,631 0.44% 1,271
Indicated Resources 344,158 0.38%[color=red][/color] 1,292
Measured and Indicated Resources 635,789 0.41% 2,563
Inferred Resources 83,763 0.31% 263

Niocorp's is 50% better:

Indicated 19,319,000 .67% 129,182,000
Inferred 83,288,000 .63% 523,844,000

Plus we are open is several directions to get a lot bigger.

As you know, in mining grade is everything. 50% better virtually all goes to profit.