Niocorp Developments Ltd (NB)

[chico237]

Thanks Radar! Wasn't sure where they were buying until now. Here is some D.D. 🗺️ Map Overlay & Spatial Context
The first map (below) highlights the Rift Rare Earth Project area in southeastern Nebraska, set within the broader Elk Creek Carbonatite Complex zone.

From those overlay you can see:

The Rift acreage (~2,784 acres) sits adjacent to or overlapping peripheral parts of the same carbonatite complex that hosts NioCorp’s core rights.
Rift’s zones (East & West targets) lie outside NioCorp’s current drill core footprint but are geologically continuous in the same intrusive/magmatic system.
The Rift offers an extension play: sections of the carbonatite not yet drilled or developed by NioCorp, with potential for additional REE/niobium mineralization.

🔍 Implications & Strategic Takeaways
Footprint leverage: Apex’s Rift acreage gives optionality around the margins of the complex — if they hit strong REE/Nb zones, it expands whole-district scale.

Drill synergy: NioCorp’s drill results might validate deeper or lateral mineralization patterns that Ritz / Apex can test immediately.

De-risking / consolidation potential: If Rift demonstrates compelling assays, it becomes a candidate for merging, JV, or acquisition by NioCorp or a larger entity building district scale.

Exploration upside: Historic drilling may be sparse or shallow on Rift — modern methods (geochemistry, geophysics, deeper drilling) might unlock new zones, especially for heavier REEs (Dy, Tb, etc.).

We know form USGS studies shared here numerous times the entire 7km Deposit is HUGE & decsribed in the Megatonnes in the 1980's by MolyCorp.
USGS (Studies) & Molycorp Engineers as far back in the 70's & 80's referred to the deposit as MEGATONNES!~
https://www.accessnewswire.com/newsroom/en/potentially-the-largest-global-resources-of-niobium-and-rare-earth-elements-quantum-featured-in-min-362228

The Elk Creek carbonatite, measuring ~7 square kilometers in southeastern Nebraska, is acknowledged by the USGS as 'potentially the largest global resources of niobium and rare-earth elements' and was successfully targeted in the past by Molycorp in the 70s and 80s.
"Targeting Largest Global Resource of Rare-Earth Elements: Within the massive carbonatite there are several recorded occurrences of rare earth elements. Molycorp did not put in enough drill holes to calculate a resource for REEs however their geologists used terms to describe the situation unfolding in terms of 'tens of millions and megatonnes'. Drill hole intercepts (non NI 43-101) included 608ft of 1.18% lanthanides, 630 ft of 1.3%, 110ft of 2.09%, 460ft of 2.19%, 60ft of 3.89% -- Mining MarketWatch Journal notes these figures are massive and very good grades."

Agree with your sentiments Radar: -APEX & DaRouge made a good bet & play that there is More STUFF there, given the facts you have stated from their website.

When our feasibility studies come out (which we're paying for, they can promote those results to their own benefit, just like they're using the same historic Molycorp data we're relying on.

This is a great Source for Entire Elk Creek Carbonatite SCALE since 2014 but other USGS publications are available.
https://www.researchgate.net/publication/265685666_Geophysical_expression_of_a_buried_niobium_and_rare_earth_element_deposit_The_Elk_Creek_carbonatite_Nebraska_USA/link/5418a8400cf2218008bf42a7/download?_tp=eyJjb250ZXh0Ijp7ImZpcnN0UGFnZSI6InB1YmxpY2F0aW9uIiwicGFnZSI6InB1YmxpY2F0aW9uIn19

Niocorp "I think" has the main CORE Holdings as shown in 1st map, but the entire 7km strike has more "Stuff" I think. Let's Get the Elk Creek mine built & watch APEX (now on my watch list too)

Chico