April 13, 2015

NioCorp Announces Positive Preliminary Economic Assessment Results for the Elk Creek Niobium Project

VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 13, 2015) - NioCorp Developments Ltd. ("NioCorp" or the "Company") (TSX:NB)(OTCQX:NIOBF)(FRANKFURT:BR3) On behalf of our shareholders, NioCorp is pleased to announce the completion of a positive Preliminary Economic Assessment (PEA) study for the Elk Creek Niobium project.

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