Niocorp Developments Ltd (NB)

[TO Double D]

Eh, I don’t think so.......one sample out of 64 rocks. The majority of the 64 rocks at the Eldor claim are between .05-1%. NIOCORP has numerous assays from the drilling of the ore body in range of 3-4%. NIOCORP has extensive drilling of the resource which has been determined to be open at depth and three directions with the resource becoming richer in Niobium concentration at depth. This Miranna project you quote has been known about for several years and is nothing new. The resource you’re talking about is light years from development and the average grade of the combined 64 samples are no higher than the Elk Creek average. NIOCORP has a feasibility study in hand, the primary federal permit in had to proceed with the project and in process of selecting an EPC firm.

NIOCORP assay: “3.5 m (716.5 – 720 m) at 3.09 % Nb2O5 (including individual assay samples in excess of 4.06%)”

http://niocorp.com/index.php/press-releases/199-niocorp-pleased-to-announce-additional-high-grade-niobium-assays-in-excess-of-3-nb205