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InvestmentPitch Media Video Discusses Erin Ventures Agreement to Re-Acquire an Interest in the Jarandol Basin in Serbia - Video Available on Investmentpitch.com
Vancouver, British Columbia--(Newsfile Corp. - February 19, 2020) - Erin Ventures Inc. (TSXV: ...
About this update from Boron One Holdings Inc
[{"type":"text","content":"InvestmentPitch Media Video Discusses Erin Ventures Agreement to Re-Acquire an Interest in the Jarandol Basin in Serbia - Video Available on Investmentpitch.comVancouver, British Columbia--(Newsfile Corp. - February 19, 2020) - Erin Ventures Inc. (TSXV: EV) (OTCQB: ERVFF) (FSE: EKV1) has entered into an agreement to re-acquire an interest in the Jarandol Basin Exploration License in Serbia, which was previously held by Erin from 2013 to 2018. The Jarandol License covers 20.97 square kilometers and is directly adjacent to, and in between, both Erin's 100% owned Piskanja boron project on the eastern edge of the Jarandol Basin, and the Serbian government's Pobrdje Boron Mine, some 2.5 kilometers on the opposite edge of the basin. InvestmentPitch.com has produced a \"video\" which discusses this news. If this link is not enabled, please visit www.InvestmentPitch.com and enter \"Erin Ventures\" in the search box. Cannot view this video? Visit:http://www.investmentpitch.com/video/0_asrfu47s/Erin-Ventures-reacquires-interest-in-Jarandol-Boron-Property-Exploration-License-in-SerbiaThe 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, located 250 km south of Belgrade by good paved roads.Previous exploration has shown that Jarandol has the potential to host extensions to both the Piskanja and Pobrdje boron deposits, and/or the potential to host separate, similar boron deposits. The Jarandol license includes the right to explore for borates, lithium and other non-metallic minerals, is valid until February 2022, and is extendible thereafter for up to 8 years in total.As Erin itself was not eligible to reapply for the Jarandol License once relinquished, a Serbian mineral exploration company owned, in part, by Dusan Podunavac, a Director of Erin, has been granted the exploration license for Jarandol, with the intention of Erin and the Serbian company to both conduct future exploration on Jarandol by way of a strategic partnership with a third-party investor. No consideration will be paid by Erin who has the right to earn an interest in any future strategic partners...