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Erin Ventures suspends Piskanja boron project in Serbia due to state of emergency

Due to the nationwide state of emergency caused by the coronavirus outbreak, Erin Ventures, Canada-based mineral exploration and development company has suspended fieldwork on its wholly-owned Piskanja boron project in Serbia. Piskanja is Erin Ventures’ wholly-owned high-grade boron deposit with an indicated mineral resource of 7.8 million tonnes, and an inferred resource of 3.4 million tonnes, calculated in accordance with the Canadian Institute of Mining Definition Standards on Mineral Resources and Reserves.

“Serbia is currently under a nationwide state of emergency that has been introduced in an effort to attempt to mitigate the coronavirus outbreak. Towards this end, Serbia has implemented measures that include voluntary isolation for all citizens, except when seeking essential services. As a result, Erin’s staff is currently unable to conduct any field work until such time as the emergency measures have been lifted by the government,” Erin Ventures said in a statement.

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However, Serbian-based technical staff continue their efforts towards the generation of documentation required within the Elaborate of Reserves and the filing of its annual government progress report, which is due for submission on September 20, Erin Ventures said.

While a small number of days’ worth of additional field work is required for the completion of the license documentation, Erin does not anticipate any material delay from its original timelines regarding the completion of the work and the requisite documentation, it added.

Source: seenews.com

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