Erin Ventures and Temas Resources Report Progress on the Piskanja Project PEA

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Mar 08, 2022

VICTORIA, BC / ACCESSWIRE / March 8, 2022 / Erin Ventures Inc. ("Erin") (TSXV:EV, Financial) and its strategic partner, Temas Resources Corp. ("Temas") [TMAS], provide a progress report regarding the completion of an updated Preliminary Economic Assessment (PEA) and Geological Elaborate for the Piskanja Boron Project. The updated PEA is projected to include an interpretation of the mineral deposit model and resource calculation more complex than that presented in Erin's previously published Updated Mineral Resource Estimate (MRE) in 2019. The updated PEA delineates the locations, qualities, and quantities of the various types of borates within the overall Piskanja deposit, in contrast to the 2019 MRE which assumed a homogenous mineral deposit comprised solely of calcium borates. This refinement in the deposit modelling also results in improved mine design modeling that accommodates the potential for the strategic extraction of the different borate minerals from within the deposit based upon market conditions and real-world customer demands, as well as planning surface beneficiation circuits that better match parameters of the deposit.