Niocorp (NB.V or NIOBF) is making a breakout out of a 9 month cup and handle pattern.
They recently released an updated resource on the Elk Creek Niobium Deposit from the 18 hole, three phase drilling program. The indicated resource made an increase of 401 million kilograms and the indicated grade made a big jump as well.“We are very pleased to deliver such a substantial increase in the indicated Mineral Resources for the project along with a significantly higher Niobium grade” said Mark Smith, Executive Chair of NioCorp in today's News. "We remain focused in our quest to rapidly develop this truly world class Niobium resource into the fourth producing Niobium asset in the world. Our technical work programs will continue to be performed expeditiously and with precision in our effort to maximize shareholder value.”See the full news release by clicking on the following link:
See my latest article I wrote only a few weeks ago while Niocorp was basing highlighting why Niocorp is outperforming.
See my latest interview with Niocorp CEO Mark Smith by clicking on the following link:
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