EDITOR: | December 8th, 2014 | 6 Comments

NioCorp’s Mark Smith on the niobium race to production

| December 08, 2014 | 6 Comments
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NioCorp-Mark-SmithDecember 8, 2014 — In a special InvestorIntel interview, the Editor-in-Chief and Publisher Tracy Weslosky speaks with Mark Smith Niocorp Developments Ltd. (TSXV: NB | OTCQX: NIOBF) on the only known niobium deposit in the United States. They also discuss the recent $10 million raise, Niocorp’s competitive advantage of being the 3rd richest niobium deposit in the world, and an update on this advanced stage project including the cost effective processing and infrastructure towards their race towards production.

Tracy Weslosky: Mark, Niocorp has had some of the fastest moving series of benchmarks achieved in the last year. You’ve had so many news releases in the last two months. Can you tell me what one of your highlights are?

Mark A. Smith: A huge highlight for us was just finishing up a fundraising effort, which in today’s market is not an easy task, but I was extremely happy with the results. The market showed confidence in our company and in our people and we were able to raise over $10 million dollars. Again, in today’s market that’s very challenging. That’s a huge win for us, but that allows us to continue our technical work programs and that’s what we’re all about right now. Technical work programs create value for our company. Our drilling, our metallurgy, those are all creating value for the company. That’s what we’re pretty happy about right now.

Tracy Weslosky: Do you think one of the reasons why you were competitive in raising this $10.6 million was because you have one of the top five ranked critical materials in the U.S. in niobium?

Mark A. Smith: I think that obviously helps, especially knowing that we, at least based on prior drilling results, have the third richest niobium deposit known in the world, but the only one known in the United States. I think that’s a huge benefit for us. Bottom line is the market expresses confidence in companies when they’re doing the right thing. I think we’re doing the right thing. We’re doing the technical work programs you have to do to get into production. That’s our goal, production.

Tracy Weslosky: Okay. For everyone out there InvestorIntel that’s not familiar with Niocorp Developments, I’d love for you to step back and tell us a little bit more about the Elk Creek Project.

Mark A. Smith: It’s a fun project. I’ll say that much. I came into this knowing we had something pretty good; and now that we’ve actually undertaken, you know, this theme of technical work programs, but now that we’ve undertaken the real drilling, the infill drilling that we needed to do, we really have something special here. This is what I would call a world-class niobium deposit…to access the rest of the interview, click here

Disclaimer: Niocorp Developments Ltd. is an advertorial member of InvestorIntel.


Tracy Weslosky

Editor:

Tracy Weslosky is the CEO of InvestorIntel Corp., a company that publishes InvestorIntel.com. A leading source for investors, entrepreneurs and industry leaders alike, InvestorIntel is ... <Read more about Tracy Weslosky>


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Comments

  • Asher Berube

    Excellent Interview, it sounds like Niocorp has a solid plan of action.

    December 8, 2014 - 2:45 PM

  • JOE O

    I am still reeling from the 1.3 billion spend on magnaquench and its expiring patents So is Molycorp It will be hard for me to get on board w/ NIO

    December 8, 2014 - 5:48 PM

  • Peter

    Great interview Tracy, nice to see every now and again we do find that needle in a haystack!
    This is the preverbal bought a ticket and hit the jackpot, doesn’t happen often enough but sure sweet when it does!
    In real-estate it’s all about location, location, location. In picking a winner in the stock market it’s all about, management, management, management!!
    Feeling happy, GLTA….

    December 9, 2014 - 1:29 PM

  • Peter

    Hi Tracy,
    do you have any plans to do another interview with Mark Smith? there has been a lot of very positive developments with NioCorp since your last interview Dec.9th!
    Just wondering if you had any plans to have another chat with Mark for a progress update?

    Cheers Peter.

    February 8, 2015 - 4:15 AM

    • Tracy Weslosky

      Thank you for the question Peter. Yes, I agree we need to do an updated video interview. I sent a request to Mark today, and just tweeted out the following: $NB.V +7.69% & $NIOBF +7.26 last wk – #Niocorp publishes encouraging results for the only primary US #niobium deposit http://bit.ly/1zCUdV1

      February 8, 2015 - 1:59 PM

  • Peter

    Hi Tracy, well it looks like you and Mr. Smith will have lots to talk about, fantastic news just out that NioCorp will graduate to the TSX index senior exchange…serious exchange, serious company, going all the way!

    Cheers.

    February 12, 2015 - 2:47 AM

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