Niocorp Developments Ltd (NB)

[tedro84]

Page 36 of the corporate presentation. I believe they spoke about this briefly during the investor call if you wanted to re-watch to confirm.

http://niocorp.com/images/NioCorp_Elk_Creek_Project_Summary.pdf

The measurements were completed in August and at the time of the call the permit package was being prepared. I'd like to think it's been submitted but we have not heard this news.

From the FS:
There are two types of construction permits: state construction permits and federal construction
permits, known as New Source Review (NSR) or Prevention of Significant Deterioration (PSD)
permits. The type of construction permit that is needed will depend on the quantity of air pollutants
that potentially could be released from the new plant or expansion project.
Because the Project includes a primary sulfuric acid plant [a regulated facility under 40 CFR §
52.21(b) which anticipates emissions in excess of the regulatory thresholds], and since Nebraska is
currently classified as in “attainment” of all ambient air quality standards, a federal PSD construction
permit will be required. The entire permit process is expected to take at least 190 days, provided that
there are no significant technical issues or problems in obtaining information, and the facility has
submitted a complete application (including detailed air