Boron One Holdings Inc. announces reapplication for exploration license in Serbia

Boron One Holdings Inc. (TSXV:BONE), committed to decarbonizing the planet through the responsible use of its boron assets, has informed that it has submitted an application to renew its exploration license in the Jarandol basin in Serbia, previously held from 2013 to 2018. The area of the application covers 20.97 km², including territories adjacent to the Piskanja boron project, entirely owned by Boron One, and the Pobrdje boron mine, 2.5 km away.

The company had discovered during previous explorations the possibility of extensions to the Piskanja and Pobrdje boron deposits or the presence of new similar deposits. A drilling campaign had revealed borate occurrences in all explored holes, with three intersecting layers of borate with commercial potential.

The Jarandol basin, renowned for its boron deposits, has a strong mining infrastructure, including roads, rail, energy, and supporting industries, located 250 km south of Belgrade. Boron One, based in Victoria, British Columbia, Canada, is listed on the TSX Venture Exchange under the symbol "BONE". Its Piskanja project is estimated to contain measured, indicated, and inferred boron resources, according to the standards of the Canadian Institute of Mining.