The true news release from March 31st The FAKE news release for April 3rd was NOT issued by Erin Ventures!
Erin Ventures Piskanja Boron Property Progress Report
March 31, 2020
Erin Ventures Inc. [TSXV: EV] reports that during the coronavirus outbreak, its Serbian-based technical staff continue their efforts towards the generation of documentation required within the Elaborate of Reserves (the first step in the exploitation license process), as previously reported.
In addition, Erin’s technical staff is preparing the documentation required for the filing of Erin’s annual government progress report, which is due for submission on the 20th of September (required to extend the Piskanja Boron Project license).
Serbia is currently under a nationwide state of emergency that has been introduced in an effort to attempt to mitigate the coronavirus outbreak. Towards this end, Serbia has implemented measures that include voluntary isolation for all citizens, except when seeking essential services. As a result, Erin’s staff is currently unable to conduct any field work until such time as the emergency measures have been lifted by the government. While a small number of days’ worth of additional field work is required for the completion of the aforementioned license documentation, Erin does not anticipate any material delay from its original timelines regarding the completion of the work and the requisite documentation.
Piskanja is Erin’s wholly owned, high-grade boron deposit with an indicated mineral resource of 7.8 million tonnes (averaging 31 per cent B2O3), and an inferred resource of 3.4 million tonnes (averaging 28.6 per cent B2O3), calculated in accordance with the Canadian Institute of Mining Definition Standards on Mineral Resources and Reserves (CIM Standards).
Erin is developing the Piskanja Project in a manner which ensures its continued compliance with Serbian mine licensing and mine development regulations, as well as standards expected by potential strategic partners and investors.
On behalf of the Board of Directors,
Blake Fallis, General Manager