NioCorp Investor Presentation Deck slide image

NioCorp Investor Presentation Deck

Elk Creek Project Advancement: Next Steps¹ Various levels of funding can advance the project to create additional value and move the project closer to the commencement of mine and surface construction.² Examples of Uses of Funds at Various Levels (USD millions) (for illustrative purposes only) Cost Element Final Subsurface Water and Subsoil Characterization Exercise Additional Land Options Final Engineering Before Construction Start Site Preparation and Infrastructure Initial Construction Works Production and Ventilation Shafts Overhead and Site Management Costs Contingency G&A / NioCorp Execution Team NioCorp Critical Mineral Security Uses of Funds at Various Levels (USD millions) $25 $100 $150 $300 $11 $11 $11 $11 $4 $4 $9 $9 $2 $22 $39 $39 $40 $40 $40 $15 $15 $94 $49 $21 $22 I I I $3 $1 $3 $14 $3 $5 $19 $11 $7 1 Based on the 2022 Elk Creek Technical Report. See "Mineral Reserves and Resources" in the Disclaimers & Technical Disclosures at the beginning of this presentation. 2 Total Elk Creek Project up-front capital expenditure of $1.141 billion. 40
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