Erin Ventures Announces Jarandol Boron Project Assay Results

Victoria, British Columbia (FSCwire) - Erin Ventures Inc. (TSXV: EV) is pleased to report that it has received assay results from this year’s exploration program on its 100% owned Jarandol Basin boron property in Serbia, with the results meeting management’s expectations. This phase included the drilling of 8 exploratory vertical diamond drill holes (totaling 2,723.8 meters). The completion of this drill program has fulfilled Erin’s obligations in order to keep its license in good standing for an additional two years.

The Jarandol Basin license area covers 35 km² directly adjacent to, and between, Erin’s 100% owned Piskanja boron project on the eastern edge of the Jarandol Basin, and the Serbian government owned Pobrdje Boron Mine, some 2.5 km away from Piskanja on the opposite edge of the Jarandol Basin. Jarandol has the potential to host extensions to both the Piskanja and the Pobrdje boron deposits, and/or the potential to host separate, similar boron deposits.

Highlights of the 2015 drill program

• assays for the 8 holes are consistent with previous geological logging, with all 8 holes returning occurrences of borates

• holes EVJ-04 and EVJ-05 confirmed one borate bed, including 1.88 meters of 41.31% B2O3

• hole EVJ-06 confirmed two borate beds (including the same bed seen in holes EVJ-04 and EVJ-5), with results including 1.3 meters of 41.88% B2O3

• holes EVJ-01, EVJ-02, EVJ-03, EVJ-07 and EVJ-08 returned non-economic borate values (assuming cut-offs of 12% B2O3 and 1 meter minimum intervals)

• collectively, twenty-seven intervals of borate mineralization were detected in holes EVJ-02, EVJ-04, EVJ-05, EVJ-06, EVJ-07 and EVJ-08 grading from 4.00% to 9.76% B2O3

Assay Highlights:

Chemical analyses were conducted as follows:

• Results are stated as a percentage concentration

• All measurements are metric

• Chemical analysis was conducted by SGS Turkey, located in Ankara, Turkey with sample preparation being conducted by SGS's facility in Serbia

• Analytical Methodology:

1.     ICP90A (by Sodium peroxide fusion) - for determination of Boron (present in B%) and package of multi-element analysis (Al, As, B, Be, Ca, Cd, Co, Cr, Cu, Fe, K, La, Li, Mg, Mn, Mo, Ni, P, Pb, Sb, Sc, Sn, Ti, V, W, Y, Zn)

2.     ICP95A -Whole rock analysis (by Lithium metaborate Fusion / ICP-AES) for determinations: Al2O3, Ba, CaO, Cr2O3, Fe2O3, K2O, MgO, MnO, Na2O, Ni, P2O5, SiO2, Sr, TiO2, Y, Zr

3.     CSA06V - total Sulphur, Leco method

4.     PHY01K – for determination of L.O.I (Loss on Ignition) at approx. 950°C by Gravimetric Analysis

• Location:  Jarandol Project, Baljevac, Serbia

• Sample type:  HQ size diamond core drilling

• Azimuth/dip:  vertical hole, 90 degree dip

• Sample interval is 0.5 metres

The ongoing work program at Piskanja and Jarandol is designed to ensure that the project complies with both the Canadian Institute of Mining "Best Practice Guidelines" and Serbian mine licensing and mine development regulations, as well as complying with recommendations made by Erin’s geological consulting firm - SRK Exploration Services Ltd.

On behalf of the Board of Directors,

Blake Fallis, General Manager

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About Erin Ventures Inc.

Erin Ventures Inc. is an international mineral exploration and development company with boron assets in Serbia and gold assets in North America. Headquartered in Victoria, B.C., Canada, Erin's shares are traded on the TSX Venture Exchange under the symbol "EV". For detailed information please see Erin's website at www.erinventures.com or the Company's filed documents at www.sedar.com.

About Boron (Source: Critical Raw Materials Alliance, Sept. 2015)

• Boron, the semi-metallic element with atomic number 5, does not occur in nature as free element. It occurs in the form of a natural mineral associated with other elements such as Na, Ca, and Mg.

• Among over 200 naturally occurring boron minerals, the most commercially important borates are: Tincal, Colemanite and Ulexite.

• About 80% of borates placed on the EU market are used in intermediate uses such as in the manufacture of glass & frits and/or for the synthesis of new substances, and in biocidal applications.

• The remaining one-fifth is used in agriculture (13-14%), in articles (4-5%) and in other uses (2-3%) such as coatings, industrial fluids and/or metallurgical applications.

• In addition, boron is an essential micronutrient for normal, productive plant growth and is one of seven essential micronutrients for plants.

• Furthermore, for safety reasons, the use of borates is essential in nuclear power plants.

• Price, (average value of mineral imports at port of exportation, in dollars per ton - 2014): US$630 (Source: USGS Mineral Commodities Summary Feb-2014)

For further information, please contact:

Erin Ventures Inc.

Blake Fallis, General Manager

Phone: 1-250- 384-1999 or 1-888-289-3746

info@erinventures.com

www.erinventures.com

Erin’s Public Quotations

Canada

TSX Venture: EV

USA

SEC12G3-2(B)#82-4432

OTCBB:ERVFF

Europe

Berlin: EKV

The technical information in this release was prepared and approved by James E Wallis, M.Sc. (Eng), P. Eng., a director of the company, who is a Qualified Person under National Instrument 43-101.

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.

Forward Looking Statements:

This press release contains or refers to forward-looking information under Canadian securities legislation, including statements regarding the timing of future mineral resource estimates and the PEA, estimation of mineral resources, exploration results, potential mineralization, exploration and mine development plans, timing of the commencement of operations and future production and is based on current expectations that involve a number of business risks and uncertainties. The words "believe," "expect," “feel,” "plan," "anticipate," “project,” “could,” “should” and other similar expressions generally identify forward-looking statements.  Forward-looking statements are subject to significant risks and uncertainties, and other factors that could cause actual results to differ materially from expected results. Readers should not place undue reliance on forward-looking statements. 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, as well as those factors discussed in the section entitled "Risks of the Business" in the Company's most recent regulatory filings which are posted on SEDAR at www.sedar.com. These forward-looking statements are made as of the date hereof and the Company assumes no responsibility to update them or revise them to reflect new events or circumstances other than as required by applicable securities law. These and other factors made in public disclosures and filings by the Company should be considered carefully.

To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/erinvetnures12222015.pdf

Source: Erin Ventures Inc. (TSX Venture:EV) http://www.erinventures.com

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