Boron One Holdings has released an updated Preliminary Economic Assessment (PEA) for its Piskanja boron project in Serbia, forecasting an improved after-tax IRR of 89% and an NPV of $558.8 million. While the project's mine life has decreased from 16 to 13 years, the updated study shows higher projected annual revenues and a rapid payback period of less than one year.
Boron One announced positive results from an updated Preliminary Economic Assessment (PEA) for its wholly-owned Piskanja Boron Project in Serbia. The PEA outlines a robust economic case with a post-tax NPV8 of $638.8 million and an IRR of 89.0%, with a payback period of less than 12 months. The study is based on an updated NI 43-101 compliant Mineral Resource Estimate, which includes 7.14 Mt of Measured and Indicated resources at an average grade of 32.4% B₂O₃.
Boron One Holdings has released an updated Preliminary Economic Assessment (PEA) for its Piskanja boron project in Serbia, forecasting an improved after-tax IRR of 89%. While the NPV has risen to $558.8 million, the projected mine life has decreased from 16 to 13 years.
Boron One Holdings Inc. announced positive results from an updated Preliminary Economic Assessment (PEA) for its wholly-owned Piskanja boron project in Serbia. The PEA highlights robust economics, including a post-tax NPV8 of US$638.8 million, an IRR of 89.0%, and a rapid 12-month capital payback period. This assessment is underpinned by an updated Mineral Resource Estimate, which outlines 7.14 Mt of Measured and Indicated resources at an average grade of 32.4% B2O3.
Boron One Holdings Inc. has commenced its seasonal field exploration program in the Jarandol Basin, Serbia. The program includes geological mapping, soil sampling, trenching, and approximately 1,400 m of drilling to test high-value targets.
Boron One has successfully produced commercial-grade colemanite concentrate using test samples that incorporate realistic mining dilution. This metallurgical work is the final component required to amend the company's Feasibility Study for the Piskanja project in Serbia.
Boron One Holdings Inc. has successfully produced commercial-grade colemanite concentrate using test samples that incorporate realistic mining dilution. This metallurgical work is a final component required to amend the company's Feasibility Study for the Piskanja project.
Boron One Holdings Inc. is progressing through diligence with a potential strategic partner for its boron assets and is launching a non-brokered private placement of up to $800,000. The company also restated its Piskanja Boron Project mineral resource estimates from its 2022 PEA.
Boron One Holdings Inc. provided an update on the approval process for its Piskanja Project in Serbia. The Ministry of Mining has reviewed the company's feasibility study and requested certain amendments to the 'Approval of the Exploitation Field' application, which the technical team is currently addressing.
Boron One Holdings Inc. has completed an independent Environmental Impact Assessment (EIA) for its Piskanja Boron Project in Serbia. This milestone supports the company's upcoming application for an Exploitation Field Approval. The announcement also restates the project's existing mineral resource estimates from a June 2022 technical report.
