Niocorp Developments Ltd (NB)

[Big Casino 1518]

10-Q Highlights:

$2,011,000 cash

221,846,266 Common Shares outstanding.

Continued development of an air construction permit application with the Nebraska Department of Environmental Quality, which we expect to file in calendar 2019. (so I am guessing financing won't be happening in 2018)

In addition to the underground engineering and permit application work noted above, we expect to undertake the following planned activities to advance the Elk Creek Project through to the construction phase as funds become available through the Company’s fundraising efforts:

?Acquisition of key land parcels currently subject to the Company’s Option to Purchase agreements;

?Construction of natural gas and electrical infrastructure under existing agreements to serve the project site;

?Initiation and completion of detailed engineering for surface project facilities;

?Negotiation and completion of engineering, procurement and construction agreements;

?Initiation of mine groundwater control activities; and

?Initiation of long-lead equipment procurement activities.