Erin Ventures - Boron Project Next Stage Hi, I wish you all the best for 2023. It will be exciting for Erin Ventures...Fingers crossed for a big partner for the Boron project...and TMAS can now focus on green mining technologies...BR MG
VICTORIA, BC / ACCESSWIRE / December 27, 2022 / Erin Ventures Inc. ("Erin") [TSXV:EV], an international mineral exploration and development company with boron assets in Serbia, reports that its previously announced joint venture and option agreement with Temas Resources Corp. has been cancelled. As a result, Temas will no longer have any right to participate in the equity of Erin's Piskanja Boron Project.
In anticipation of this possibility, Erin has been in dialogue with several other potential strategic partners who are showing an interest in participation in the development of Piskanja. In tandem, Erin is continuing with the requisite studies, and remains on its timetable to meet its obligations towards receiving an exploitation permit on Piskanja.
Tim Daniels, President of Erin added, "Interest in our Piskanja boron project has grown substantially over the past many months. In fact, we have been approached both by companies that are important consumers of boron who are indicating a great interest in securing a long-term supply, as well as by international financiers who see Piskanja as a unique investment opportunity. This is due in large part to the robust numbers found in our recently published PEA, as well as the fact that boron demand is enjoying unprecedented growth as one of the singularly most important minerals in the green energy movement. As a result, we anticipate being able to secure a highly suitable new strategic partner in the near term."