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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

Post by ListenandLearnon Jun 12, 2024 12:30pm
118 Views
Post# 36085048

Extract from the 2022 CC

Extract from the 2022 CC

At this juncture and of course beyond that for the once we submit the the elaborate the next step in the process for us is to proceed forward with the the feasibility study. And the feasibility study is comprised with the environmental impact study makes up the the next phase of Hole in the process. And it's at that point that we're issued the actual mining license. And so that is a big, big deal because a tremendous amount of our risk has, has has gone away at the point in time that there were issued the Mind life. So we've got by the calendar, we've got until September, 2023.
 
6:52 p.m.
Three to And submit the feasibility obviously where were anticipating submission, you know, well in advance of that and so that becomes our main pacing item beyond the completion of the elaborate and of course in town. And with that on an ongoing basis, we've got discussions going on with with off takers. With potential buyers of bore rights because again is a critical part of the development of any industrial mineral project is, is understanding, who your Market is, how big it is, what sort of demand, what sort of prices, you can, you can expect and and so on and and and more importantly just Understanding. It is actually getting some of those those initial contracts in place, with some end users who are willing to pay in the downs for the material to get a discount price for it, to secure their supply. And and and that helps us to number one gives us credibility and confidence that we can sell material. But also, Also provides some of the working capital that we do that we'll need for Mine Development going forward. And so that is certainly, the plan going forward over the course of the balance of this year and are you know, absolute primary goal for the first part of 2023 getting that?

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