Niocorp Developments Ltd (NB)

[chico237]

5mil/grunt - Mark Smith confirms only the small "Green Blob" section has been drilled. The Orange outlined portion shows the entire Carbonatite.
(10:28 - 11:20)

This is a very large mineral reserve area. Open to the NE,NW & SE. Open AT DEPTH!.

Also see:
DRENTH's 2014 USGS geological survey
https://www.researchgate.net/publication/265685666_Geophysical_expression_of_a_buried_niobium_and_rare_earth_element_deposit_The_Elk_Creek_carbonatite_Nebraska_USA
(USGS & other articles indicate the resource could be much larger!)

"Geophysical anomalies indicate that a significant volume of dense and strongly magnetized rocks must exist at a depth below the deepest boreholes. These rocks likely represent more MB and thus niobium mineralization, or could reflect another unknown lithology that is also dense and strongly magnetized."

("Hence more drilling"... to prove out more reserves once mine is sunk. This system could be connected to a larger or undrilled resource/s as depicted in the scans??? Just my opinion on the information presented that Niocorp could potentially double the size of the resource in time??) More Niobium, Scandium, Titanium & REE's...Nice!)

All imho

Chico