Niocorp Developments Ltd (NB)

[NorCalTommy]

Demo Testing Status from Jim S.- - hot off the press...

"Our vendor reports that they are continuing to close in on finalizing construction of the rotary kilns needed by the demonstration plant. Regrettably, this effort has been impacted by supply chain snafus in Europe that have been exacerbated by the war. We intend to announce publicly when construction of the demonstration plant has been completed and has launched operations.

With the relatively high level of investor interest in the launch of this plant, the date for operational start-up will require issuance of a widely disseminated news release. We certainly look forward to issuing that news release.

I would also note that the team at our Ontario facility has been hard at work on a variety of other metallurgical testing processes aimed at optimizing various parts of our improved process flow sheet, including pathways to maximizing recovery rates for separated rare earth elements in our ore".

Rotary Kiln - https://www.google.com/search?q=rotary+kiln&rlz=1C1CHBF_enUS782US782&oq=rotary+kiln&aqs=chrome..69i57j0i512j46i175i199i512j0i512l3j0i457i512j0i512l3.7538j0j15&sourceid=chrome&ie=UTF-8

Yadda....

NCT