RE:RE:RE:RE:RE:RE:RE:Closing of Resavica Mines
Actually, SRK posted the Pobrdje numbers in the 2014 PEA.
I posted an excerpt of SRK's comments on Pobrdje on October 12, 2016 when you and I were discussing this topic.
https://www.stockhouse.com/companies/bullboard/v.ev/erin-ventures-inc?postid=25337274
State-owned Ibarski Rudnici (JP PEU Resavica) has a boron mineral exploitation licence (cadastral number 470) forthe Pobrdje mineral depositlocated 2.6 km northeast of the Erin licence and on the western bank of the Ibar river, as also shown in Figure 23-1 below. Erin has reported that material was produced from this mineral deposit during 2011, but no official figures have been published.According to information sourced from the Ministry of Mining and Energy of the Republic of Serbia “ore reserves” of boron in categories A+B+C1 were estimated at 140,000 tonnes and the “estimated resources” (P category) at 60,000 tons of B2O3.SRK does not consider these figures to have been reported in compliance with NI 43-101 guidelines.
SRK visited the above ground buildings at the Pobrdje Mine on 14 June 2013 and verify that the mine is in operation; however no details regarding its ownership or production are known to SRK.
Cheers,
VB