Thursday, September 23, 2021 8:07:00 AM
1) Finalize EPC Contracts -(Placed into final form ready to go once additional finance is announced. Cementation has already completed phase I; also note the shaft sinking is critical path, & a signed contract with a termination clause would fulfill the Air Permit's condition as "commencing construction".)
2) Optimization & Metallurgical Testing - (Currently underway including HPGR testing & the addition of viable REE's into a Mineral Resource estimate & more. The Oct. 6th tour highlights the core samples)
https://www.niocorp.com/niocorp-to-analyze-additional-elk-creek-drill-core-as-it-looks-to-further-enhance-upgrade-and-add-rare-earth-data-to-the-elk-creek-projects-mineral-resource/
3) Permitting- (Additional "smaller/lesser" permits will be required & an extension of the Air Permit may be needed prior to years end "IF" construction has not commenced.)
Nebraska Permits issued to date:
Elk Creek Resources; use NDEQ facility #97622
https://ecmp.nebraska.gov/publicaccess/viewer.aspx?MyQueryID=340
4) Hydrology/GEO-Tech. Drilling- (*Needed to establish the properties of the rock around the mine shaft sinking site. The Oct. 6th tour highlights the mine shaft site where the ground-freezing will be utilized prior to sinking the shaft. Additional permits may be required?)
5) Detailed Engineering & Procurement of LONG LEAD TIME ITEMS.-
("Critical Path" elements would be a priority)
***Note: LONG LEAD TIME ITEMS:
a) Permanent Electric Power- 2 Years
b) Natural Gas Supply- 18 mos.
c) HPGR - 17 mos. (TESTING/OPTOMIZING NOW)
https://www.niocorp.com/niocorp-completes-first-phase-of-hpgr-testing-of-elk-creek-ore-samples/
d) Secondary Crusher -12 mos.
e) SX Mixers & Extraction (OPTOMIZING NOW HYDRO-MET.)
f) Rotary Kilns -18 mos.
g) Arc Furnace -24 mos.
h) Pyro-met Switchgear- 13 mos.
I) Mine Substation- 15 mos.
J) Mine Hoists -12 mos.
6) Natural Gas Supply (Payment Driven Process! Requires additional EPC contractors & is "Critical Path!" Additional permits??)
7) Electric Power Supply (Payment Driven Process! Requires additional EPC contractors & is "Critical Path!" Additional permits??)
8) Water Supply (Additional Water supply to the site is required)
https://www.tecumsehne.com/uploads/1/0/4/6/1046396/bpw_minutes_-_9-4-18.pdf
9) Land Acquisition - (COMPLETED)
SCOTT HONAN per 2020 AGM
10) Clearing & Grading
11) Temp. Office Space on site
12) Process Modeling- (Currently Underway)
https://www.niocorp.com/niocorp-scores-initial-success-in-metallurgical-testing-of-elk-creek-ore-samples-to-optimize-process-and-demonstrate-potential-extraction-of-rare-earth-elements/
13) Contractor Mobilization - (Hydro/Geo Drilling & Clearing & Grading....Still possible this Fall????)
14) Ground Freezing-
Shaft Freezing Process: to the Nov. 5th AGM 2020 (@34 min. mark)
15) Temporary Power- (Generators can be easily rented by EPC contractors....)
Per AO's article: Mark Smith did mention:
https://www.mining.com/coalition-urges-us-congress-to-incentivize-permanent-rare-earth-magnet-making/
NioCorp to Conduct its Annual General Meeting on December 2, 2021
https://www.niocorp.com/niocorp-to-conduct-its-annual-general-meeting-on-december-2-2021/
IMHO-Speculation:
It is apparent to me - Team Niocorp has been executing upon Scott's strategy from the 2020 AGM. Why have shareholders come to the Oct. 6th Tour "IF" they did not intend to complete the execution of the Project & build the Elk Creek Mine??
I believe Niocorp will secure the next $25M tranche/block of Finance needed. (I cannot predict when lol....-Like Scott... I remain "Hopeful" before years end...!)
https://www.niocorp.com/omaha-ketv-channel-7-news-airs-2-part-feature-on-elk-creek-critical-minerals-project/
Those attending the tour will have a great opportunity to ask some great questions!
Let's see what "Material News" is announced between now & the 2021 AGM!
Sitting in my front row seat! As Yogi said- "It ain't over till it's over!"
..."It ain't over yet!...." Godspeed Team Niocorp!
Chico
Recent NB News
- Form 8-K - Current report • Edgar (US Regulatory) • 08/27/2024 08:00:25 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/16/2024 04:28:49 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/15/2024 10:02:51 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/15/2024 10:01:47 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/15/2024 10:01:29 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/15/2024 10:00:51 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/15/2024 10:00:33 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/22/2023 09:00:27 PM
- Form D - Notice of Exempt Offering of Securities • Edgar (US Regulatory) • 12/21/2023 09:45:51 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/20/2023 09:55:17 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/17/2023 09:30:58 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/17/2023 09:30:47 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/17/2023 09:30:35 PM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM