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Erin Ventures

Unearthing Value

We are an emerging international junior mining and exploration company engaged in the acquisition, exploration, and development of resource properties. Erin Venture's strategy is to uncover and capitalize on unique development opportunities within Canada and various regions internationally. The Company's objective is to increase its mineral reserves by developing current properties and through the acquisition of additional mining projects.

Piskanja

Piskanja SerbiaPiskanja is located in a historical mining region that has good infrastructure for mining including roads, rail, electric power, experienced miners, etc., 250 km south of Belgrade, Serbia by good paved roads. Erin Ventures reported on August 31, 2010, that it had been granted a license for the Piskanja boron deposit in Serbia by the Serbian Ministry of Mining and Energy. The license includes the entire known historical mineralized area along with a substantial amount of previously unexplored ground.

On December 2nd 2013, Erin Ventures filed a National Instrument 43-101 compliant Technical Report and Maiden Mineral Resource Estimate (MRE) for the Piskanja boron deposit. The MRE reports an Indicated Mineral Resource totalling 5,600,000 tonnes with an average B2O3 content of 30.8 percent, and an additional Inferred Mineral Resource of 6,200,000 tonnes with an average B2O3 content of 28.8 percent.

On September 17 2014 Erin announced a PEA which was prepared independently by SRK Consulting (UK) Limited ("SRK") in accordance with the guidelines of National Instrument 43-101. The PEA is preliminary in nature. It includes Inferred Mineral Resources that are currently considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as Mineral Reserves. There is no certainty that the conclusions within the PEA will be realized.

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Piskanja Serbia

 

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