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Thursday, December 26, 2019 6:56:07 PM
"That sounds like a significant parcel of land (and let's all keep in mind that according to the 2019 FS, the trifecta of minerals to be mined (still to be determined where the bottom is ) continues at depth while increasing the ore grades."
1000 acres = 1.562 square miles.
Formula
divide the area value by 640
NioCorp Secures Extension Agreements With More Nebraska Landowners
In separate news,
NioCorp announced that it has secured legal agreements with southeastern Nebraska landowners to extend the Company’s purchase option on two additional parcels of land planned for use as part of the proposed Project.
The extension agreements, which cover a total of 469 acres of land, involve two land parcels that were subject to agreements set to expire in 2020. The Company has now secured extension agreements on five land parcels that together cover more than 1,000 acres of land planned for use as part of the Project.
In the event that sufficient project financing is obtained, the Company intends to purchase land as required by the Project schedule.
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NioCorp $NB $NIOBF #Niobium #Scandium #ElkCreek
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