
Monday, June 09, 2025 11:54:36 AM
Trevor Mills of Dahrouge Geotechnical Consulting, "Currently there are three drilling crews, with two people on each rig who have been drilling core samples 24 hours a day, seven days a week" also " the drilling teams are expected to collect 39,300 feet of rock samples. As of May 30th, 5,100 feet of rock has been drilled."
Jim Sims said Niocorp leaders have not talked to President Trump personally about the Niocorp mining project, however he has talked with some of Trumps senior advisors. Sims also states, two-thirds of the funding will come from EXIM, while the other third will come from a very large New York investment company. It's a matter of getting our major components in place," said Sims. It is Niocorp Development s, LLC's goal to complete the feasibility study by the end of the year. Then Niocorp Developments would be able to close its contract agreements with EXIM.
Sims indicated that Niocorp is severely undervalued, "However as the project moves forward it will tell investors around the world that this project will advance to construction"
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