Licensing Process Update
Boron One Holdings (TSXV:BONE) reports that its application for the 'Approval of the Exploitation Field' for the Piskanja Boron Project has been reviewed by the Serbian Ministry of Mining. The Ministry has requested revisions and supplemental information before approval can be granted. The Company's subsidiary, Balkan Gold, has been given 30 days to submit revised documentation. Management notes that such requests for additional data and clarification are common in the process.
Boron One Holdings (TSXV:BONE) riporta che la sua richiesta per l' 'Approvazione del Campo di Sfruttamento' per il Progetto Boron di Piskanja è stata esaminata dal Ministero delle Miniere serbo. Il Ministero ha richiesto delle revisioni e informazioni supplementari prima che possa essere concessa l'approvazione. La sussidiaria dell'azienda, Balkan Gold, ha ricevuto 30 giorni per presentare la documentazione revisionata. La direzione nota che tali richieste di dati aggiuntivi e chiarimenti sono comuni nel processo.
Boron One Holdings (TSXV:BONE) informa que su solicitud para la 'Aprobación del Campo de Explotación' para el Proyecto de Boro de Piskanja ha sido revisada por el Ministerio de Minería de Serbia. El Ministerio ha solicitado revisiones e información suplementaria antes de que se pueda conceder la aprobación. La subsidiaria de la compañía, Balkan Gold, ha recibido 30 días para presentar la documentación revisada. La dirección señala que dichas solicitudes de datos adicionales y aclaraciones son comunes en el proceso.
Boron One Holdings (TSXV:BONE)는 '개발 분야 승인'에 대한 신청이 세르비아 광업부에 의해 검토되었다고 보고했습니다. 부서는 승인 부여 전에 수정 및 추가 정보 요청을 하였습니다. 회사의 자회사인 Balkan Gold는 수정된 문서를 제출할 수 있는 30일을 부여받았습니다. 경영진은 추가 데이터 및 설명 요청이 과정에서 일반적이라는 점에 유의합니다.
Boron One Holdings (TSXV:BONE) rapporte que sa demande d' 'Approbation du Champ d'Exploitation' pour le Projet de Bore de Piskanja a été examinée par le Ministère serbe des Mines. Le Ministère a demandé des révisions et des informations supplémentaires avant l'octroi de l'approbation. La filiale de l'entreprise, Balkan Gold, a reçu 30 jours pour soumettre la documentation révisée. La direction indique que de telles demandes de données supplémentaires et de clarifications sont courantes dans le processus.
Boron One Holdings (TSXV:BONE) berichtet, dass der Antrag auf 'Genehmigung des Abbaugebiets' für das Piskanja Boron-Projekt vom serbischen Ministerium für Bergbau geprüft wurde. Das Ministerium hat um Überarbeitungen und ergänzende Informationen gebeten, bevor eine Genehmigung erteilt werden kann. Die Tochtergesellschaft des Unternehmens, Balkan Gold, hat 30 Tage Zeit, um die überarbeiteten Unterlagen einzureichen. Das Management weist darauf hin, dass solche Anfragen nach zusätzlichen Daten und Klarstellungen im Prozess üblich sind.
- Company is advancing through the mine licensing process with Serbian authorities
- 30-day timeline provided for documentation submission indicates an active review process
- Exploitation Field approval delayed due to required revisions
- Additional documentation requirements may cause project timeline extensions
VICTORIA, BC / ACCESSWIRE / October 28, 2024 / Boron One Holdings Inc. ("Boron One" or the "Company") (TSXV:BONE), a company dedicated to the decarbonization of Planet Earth through the responsible utilization of its boron assets, reports that its application for the "Approval of the Exploitation Field" for its Piskanja Boron Project, a requisite step in the mine licensing process, has undergone a review by the Serbian Ministry of Mining.
In its response to the Company's wholly owned subsidiary, Balkan Gold d.o.o., the Ministry of Mining noted that certain revisions and supplemental information is required before the Company's application may be approved. The Company has 30 days to submit the revised documentation for further review.
"We are pleased to be in the vetting process for the exploitation field approval," said Tim Daniels, President of Boron One. "It's been our experience that it is not uncommon for the Ministry to require additional data and clarification, as they have done in this case. Our technical team will work diligently to assess the Ministry's response, and provide the additional information as soon as possible."
###
About the Piskanja Boron Project
Piskanja is Boron One Holdings Inc.'s wholly owned boron deposit with a Measured Mineral Resource of 1.39 million tonnes (averaging
On behalf of the Board of Directors,
Tim Daniels
About Boron One Holdings Inc. (formerly known as Erin Ventures Inc.)
Boron One Holdings Inc. is a leading company dedicated to advancing the decarbonization of our planet through the responsible utilization of its wholly owned boron assets in Serbia. With a commitment to environmental stewardship and sustainability, Boron One aims to play a crucial role in reducing the world's carbon footprint and supporting a cleaner, greener future for us all.
Headquartered in Victoria, B.C., Canada, Boron One's shares are traded on the TSX Venture Exchange under the symbol "BONE". For detailed information please see Boron One's website at www.boronone.com or the Company's filed documents at https://www.sedarplus.ca/.
For further information, please contact: |
| Boron's Public Quotations: |
|
|
|
Blake Fallis, General Manager |
| TSX Venture: BONE |
Phone: 1-250- 384-1999 or 1-888-289-3746 |
| Berlin: EKV |
| US: SEC 12G3-2(B) #82-4432ERVFF | |
| OTCBB:ERVFF |
Qualified Persons
Nenad Rakic, EurGeol, Piskanja Project Field Manager, a qualified person as defined by NI 43-101, has reviewed the technical information that forms the basis for this news release, and has approved the disclosure herein.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For Boron One Holdings Inc. Investors
Certain statements made in this press release that are not based on historical information are forward-looking statements that involve substantial known and unknown risks and uncertainties. This press release contains express or implied forward-looking statements relating to, among other things, Boron One's expectations concerning management's plans, objectives and strategies, including its plans for advancing the Company's Piskanja Project through to an exploitation license. These statements are neither promises nor guarantees but are subject to a variety of risks and uncertainties, many of which are beyond our control, and which could cause actual results to differ materially from those contemplated in these forward-looking statements. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Factors that could cause actual results to differ materially from any forward-looking statement include, but are not limited to, failure to convert estimated mineral resources to reserves, capital and operating costs varying significantly from estimates, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects and the other risks involved in the mineral exploration and development industry.
Boron One Holdings Inc. undertakes no obligation to update or revise the information contained in this press release, whether as a result of new information, future events or circumstances or otherwise except as expressly required by applicable securities law. Further information regarding the uncertainties and risks can be found in the disclosure documents filed by Boron One with the securities regulatory authorities, available at www.sedar.com. These and other factors made in public disclosures and filings by the Company should be considered carefully.
Mineral resources are not mineral reserves and do not have demonstrated economic viability. "Inferred Resources" have a great amount of uncertainty as to their existence, and economic and legal feasibility. Investors are cautioned not to assume that all or any part of an inferred mineral resource reported in this news release will ever be upgraded to a higher category or to reserves. U.S. persons are advised that while mineral resources are recognized under Canadian regulations, the U.S. Securities and Exchange Commission does not recognize them. U.S. persons are also cautioned not to assume that all or any part of an inferred mineral resource is economically or legally mineable.
SOURCE: Boron One Holdings Inc.
View the original press release on accesswire.com
FAQ
What is the current status of Boron One Holdings' Piskanja Boron Project licensing process?
How long does Boron One Holdings (TSXV:BONE) have to submit revised documentation for the Piskanja project?
What requirements did the Serbian Ministry of Mining place on Boron One's Piskanja project application?
