Niocorp Developments Ltd (NB)

[Middleborder]

BCOmaha BC, you are correct;

""Since Nicorp is not mining uranium, it needs a license from DHHS and not NRC.""

My previous comment

"It explains some of the technical issues they have to resolve before excavating. They needed to explain how they were going to deal with small amounts Uranium and Thorium encountered during processing and whether this presents a risk to miners or the enviovnment. This requires Nuclear Regulatory Permitting."


To expand on that comment.

Niocorp's target minerals are Niobium, Scandium, and Titanium. In mining and refining they will encounter small amounts of radioactive materials during the mining and refining processes. And that is the point of the comment.

I am not going to reread the paper, but recall that some of the tailings will be returned to the mine as fill for the played-out sections of the mine. Tailings that are on the surface will be placed/retained in a raised berm area.

In any case, I am glad that you posted the link which provided the thoughts of managment on the timeline for excavation and production processing!