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Boron One Holdings Inc V.BONE

Alternate Symbol(s):  ERVFF

Boron One Holdings Inc. is a Canada-based international mineral exploration and development company with its assets in Serbia. The Company is engaged in the acquisition, exploration, and development of its resource properties. Its project includes Piskanja. Piskanja is located in a historical mining region with infrastructure for mining, including roads, rail, electric power, experienced miners, and others. The site is situated 250 kilometers (km) south of Belgrade, Serbia, accessible by paved roads. Lithology at Piskanja is typical of sedimentary basins, primarily consisting of shales, marls, and limestone, with two primary gently undulating borate beds. The mineralization is primarily dense, compact colemanite with some ulexite. The Company’s subsidiary is Balkan Gold Corp.


TSXV:BONE - Post by User

Comment by ListenandLearnon Feb 15, 2023 2:04pm
100 Views
Post# 35287990

RE:Elaborate situation

RE:Elaborate situationMyrty, if you remember the last CC, TD told us that the development of the elaborate was done in co-operation with the reviewer of the Serbian Mining Ministry and, as such, stated that the actual approval of the resource estimate would be a formality as all the kinks would have already been adressed through the development/review process.  Not sure why we haven't heard that it had been approved as it's been 2 1/2 months since it was completed. The real deadline is this September. 

We were also told during the CC that the PEA had taken a lot more time to complete but that, in the end, Part 2 of the mining license process would be completed earlier. Based on this, I would expect that EV gets Part 2 approved sometime this summer. But often reality seems to take a bite out of TD's timeline.....

I hope the next NR will be the completion of the partnership agreement as Osmose wouldn't be throwing $3.5M US at Piskanja without knowing first that everything is on track.....  
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