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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 UterRebornon Feb 05, 2024 6:59pm
192 Views
Post# 35864218

RE:RE:RE:RE:Jarandol Basin

RE:RE:RE:RE:Jarandol BasinI too was questioning the need for Osmose at this point. But, with this NR and the Jarondal NR Tim alluded to, it may make sense now.
 
If BONE intends to launch an extensive drilling program on Piskanja  and Jarondal (e.g., 4 or more drills going), they will need millions to do this. The funds from Osmose could get this effort started soon. Plus, for certain the first few holes will be good as they likely will twin the non-43-101 compliant holes that they know had significant B.
 
I still would like to see a 5-10% clawback in Osmose final % owned. But, if we are seeking a buy-out, growing the total deposit size will help increase the offer.
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