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.
Middle Island Resources Limited reported positive drill and channel sampling results from its Bobija Polymetallic Project in Serbia, highlighting a significant shallow gold-silver-base metal discovery with high-grade intercepts and an expanded mineralized footprint. The company also acquired Konstantin Resources Ltd, expanding its exploration portfolio in Serbia. Despite these exploration successes, the annual financial report indicates a substantial operating loss and a material uncertainty about the company's ability to continue as a going concern, dependent on future capital raising activities.
Strickland Metals Limited's Annual Report for 2026 highlights significant progress at its Rogozna Project in Serbia, reporting a total JORC-compliant Mineral Resource of 9.25 million ounces of gold equivalent. This includes a maiden Indicated Resource at Shanac and a 50% increase in the Gradina resource, demonstrating substantial growth in the project's scale. The company is advancing multiple workstreams towards a Pre-Feasibility Study, with ongoing exploration and metallurgical testwork.
Bindi Metals has announced final assay results from its maiden drill program at the Ravni Project in Serbia, significantly expanding the high-grade gold zone at Drenjak. Hole RAV26011 now reports 8m at 13.1 g/t gold from 47m, including 2m at 42.3 g/t gold, confirming down-dip continuity of mineralization. Additionally, new nickel-cobalt laterite mineralization was intersected at Rudnjak North, and a new large-scale gold target was identified at the Bucje prospect through channel sampling.
Bindi Metals Ltd reported an increased operating loss of $2.71 million for the year ended June 2026, with a material uncertainty regarding its going concern status. Operationally, the company completed a maiden diamond drilling program at its Ravni Gold Project in Serbia, confirming high-grade gold (peak 1m @ 37.8 g/t Au) and silver (peak 1m @ 341 g/t Ag) mineralization and identifying a large epithermal system. The company also divested its Biloela Copper-Gold Project and farmed out the Schryburt Lake Project to focus on Ravni.
Strickland Metals Limited presented an update on its Rogozna Project in Serbia, showcasing a significant JORC 2012 Mineral Resource Estimate of 9.25 million ounces of gold equivalent (AuEq). The project, backed by strategic investor Zijin Mining, demonstrates substantial resource growth and is fully funded for Pre-Feasibility Studies and ongoing exploration. While the resource base is large, a considerable portion remains in the Inferred category, with the company focusing on infill drilling to upgrade confidence and further exploration.
Minrex Resources has reported record high-grade gold-silver drill results at its Tlamino project in Serbia. The drilling intersected wide, high-grade zones in a central area previously modelled as low-grade, suggesting the eastern and western high-grade zones may be part of a single connected body.
