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Erin Ventures Completes Phase 1 Exploration on its Jarandol Basin Boron Property in Serbia
Erin Ventures Completes Phase 1 Exploration on its Jarandol Basin Boron Property in Serbia ...
About this update from Boron One Holdings Inc
[{"type":"text","content":"Erin Ventures Completes Phase 1 Exploration on its Jarandol Basin Boron Property in SerbiaErin Ventures Completes Phase 1 Exploration on its Jarandol Basin Boron Property in Serbia\n\nVictoria, British Columbia CANADA, December 18, 2013 /FSC/ - Erin Ventures Inc. (EV - TSX Venture), (\"Erin\"), announces the completion of Phase 1 exploration program on its Jarandol Basin boron property in Serbia. With the completion of this program, Erin has met the requirements to keep the Jarandol exploration license in good standing, as well as gathered important information that will help facilitate the Phase 2 exploration. \n\nThis season's exploration at Jarandol included:\n\n- A study of historical geophysical works \n\n- Photogeology and remote sensing study \n\n- Surface prospecting over the license area  \n\n- Reinterpretation of the geological map in 25,000 scale\n\n- Mineralogy-petrology study of samples from the property\n\nThe results from this exploration phase will facilitate Phase 2 exploration, scheduled to begin next spring. Phase 2 is anticipated to include: a geological map in scale 10,000 with denser routes (streams-reefs); additional geochemical analyses of surface samples; geophysical exploration; the identification of drill targets; and drilling on one or more prospective locations within the Basin.\n\nAbout The Jarandol Basin License Area \n\nAs reported by Erin January 8, 2013, Erin has an exclusive boron exploration license within the Jarandol Basin in Serbia. The Jarandol Basin hosts two known borate deposits, the Piskanja boron property (under license by Erin) and the Pobrdje boron mine (operated by the Serbian government-owned Ibar Mines). Erin's license covers an area totaling 35.22 km2 (and includes all the prospective land directly adjacent to both the Piskanja boron deposit and the Pobrdje boron mine, as well as all of the land in between these two deposits)\n\nThe Jarandol Basin is a well-known historical mining district in southern Serbia which hosts two known boron deposits, an operating coal mine, and a (now depleted) magnesite mine. The Basin hosts excellent infrastructure for mining including local paved roads, rail, power, experienced miners, and sufficient support industries, and is located 250 km south of Belgrade by good paved roads. The Jarandol Basin is a Miocene age tertiary deposit locat...