NioCorp Announces Final Assay Results From Elk Creek Drilling

NioCorp Developments Ltd. has released the final assay results from its 2025 drilling campaign at the Elk Creek Critical Minerals Project in southeast Nebraska. The results are consistent with the company's expectations, reinforcing the continuity and grade of mineralization. This data will support updates to the Elk Creek Project's Mineral Resource and Mineral Reserve.

The drilling focused on areas requiring more data density for higher confidence classifications. NioCorp's COO, Scott Honan, acknowledged Dahrouge colleagues' efforts in targeting correct geological units. CEO Mark A. Smith highlighted that the assays from over 7,000 drill core samples would be integrated into updated resource and reserve estimates, essential for the project's feasibility study and financing application.

NioCorp emphasizes its adherence to high technical standards, complying with SEC's SK1300 and Canada's NI 43-101, aiming to set the Elk Creek Project apart by reducing risk and offering investor confidence. The assay results confirm significant intervals for various minerals, including Nb2O5, Sc, TiO2, and TREO, showcasing Elk Creek's robust deposit size.