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Boron One Holdings Inc. Reports Completion of a Feasibility Study for its 100% Owned Piskanja Boron Project
VICTORIA, BC / ACCESSWIRE / September 25, 2023 / Boron One Holdings Inc. ("Boron One" or the "Co...
About this update from Boron One Holdings Inc
[{"type":"text","content":"Boron One Holdings Inc. Reports Completion of a Feasibility Study for its 100% Owned Piskanja Boron ProjectVICTORIA, BC / ACCESSWIRE / September 25, 2023 / 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, is pleased to report that an independently authored Feasibility Study for the Company's Piskanja Boron Project (the \"Feasibility Study\") has been completed, and is ready for submission to the Serbian Mining Ministry in compliance with the terms of the Company's exploration license. Submission of the Feasibility Study, which has been drafted in accordance with Serbian mining regulations, will fulfill the Company's second and final obligation in the mineral exploitation license approval process.The Company is awaiting completion of the vetting process of its Geological Elaborate by the Serbian Mining Ministry's independent Mining Commission, as the mandatory first step in the exploitation license approval process. As previously reported by the Company, approval of a Geological Elaborate results in the issuance of a Certificate of Reserves by the Mining Ministry. Upon receipt of the Certificate of Reserves, it is included with the Feasibility Study as a requisite part of the Feasibility Study submission process.A Serbian compliant feasibility study is of similar scope, scale and confidence level as a CIM (Canadian Institute of Mining, Metallurgy and Petroleum Standards on Mineral Resources and Reserves) compliant pre-feasibility study. The Piskanja Boron Feasibility Study defines the optimal development scenario for an underground mine, product beneficiation circuits, plant site, infrastructure, environmental safety, and a closure plan. The Feasibility Study includes an analysis of all aspects of the project, and incorporates data from several external studies, including the Company's Geological Elaborate, metallurgical testing, 3D resource modeling, and others. The Feasibility Study was authored by an independent, experienced mining engineering institute, located in Serbia.About the Piskanja Boron ProjectPiskanja is Boron One Holdings Inc.'s wholly owned boron deposit with a Measured Mineral Resource of 1.39 million tonnes (averaging 35.59% B2O3), an Indicated Mineral Resource of 5.48 millio...