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Boron One Holdings Inc V.BONE

Alternate Symbol(s):  ERVFF

Boron One Holdings Inc. is a Canada-based mineral exploration and development company with its assets in Serbia. The Company is engaged in the evaluation of mineral properties in Serbia. Its project includes Piskanja. The Company's Piskanja property covers an area of approximately three-square kilometers. The Company’s subsidiary is Balkan Gold Corp.


TSXV:BONE - Post by User

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Post by Jasperparkon Apr 09, 2018 5:03pm
258 Views
Post# 27855600

News Release, April 9, 2018

News Release, April 9, 2018NEWS RELEASE - For Immediate Distribution Erin Ventures Commences Drilling at Its Serbian Boron Property April 9, 2018 Erin Ventures Inc. [TSXV: EV] announces that drilling is underway on its 100% owned Piskanja boron project in Serbia. The completion of this work program will continue to advance the fundamentals of the Piskanja project towards feasibility, as well as ensure that Erin is compliant with its obligations required to keep its exploration license in good standing and extend it into 2020. Erins recently completed financing (announced April 5 2018) ensures that adequate funds are in place to complete the planned work program. Piskanja is Erins wholly-owned high-grade boron deposit with an indicated mineral resource of 7.8 million tonnes (averaging 31 percent B2O3), and an inferred resource of 3.4 million tonnes (averaging 28.6 percent B2O3), calculated in accordance with the Canadian Institute of Mining Definition Standards on Mineral Resources and Reserves (CIM Standards) as disclosed in Erins filed report titled, Mineral Resource Estimate Update On The Piskanja Borate Project, Serbia, October 2016. As previously announced, the planned work for this program includes 10 vertical HQ-sized, diamond drill holes, totaling approximately 3,050 metres with chemical analysis, and other ancillary works. The proposed drill hole locations include infill drilling designed to move more of the mineral resource to the "measured" category, a bulk sample drill hole for a metallurgical testing, exploratory drill holes to evaluate the potential propagation of mineral bodies in two open directions, and a drill hole to be purposed as a hydrogeological monitoring station. It is anticipated that this work program will be completed before the end of May 2018, with the assay results to be released as they are received by Erin. This work program is designed to ensure that the project continues to comply with both the Canadian Institute of Mining "Best Practice Guidelines", and the Republic of Serbia Ministry of Mining and Energy mine development and licensing regulations. On behalf of the Board of Directors, Blake Fallis, General Manager
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