NioCorp Finalizes Elk Creek Drilling Assays, Bolstering Resource Update and Financing Efforts
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NioCorp Developments has finalized the assay results from its 2025 drilling campaign at the Elk Creek Project, confirming mineralization grades that support higher-confidence resource classifications. The results will be used for updated mineral resource estimates and a revised mine plan, crucial for advancing debt financing and ensuring regulatory compliance. Analysts rate NioCorp (NB) stock as a Hold with a $5.50 price target, while TipRanks’ AI Analyst gives it a Neutral score due to weak financial performance and mixed technical indicators. NioCorp focuses on producing critical minerals like niobium and titanium in Nebraska.
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