Largest deposit of boron ore in Europe:

Ibarski mines make strenuous efforts to increase the production of coal and at the same time find new applications for mining and other mineral resources in the region which has abundant, such as : BORON MINERALS,sand, dolomite, marble, talc, tungsten.

-According to current geological knowledge of IBAR Tertiary coal will be for the next 17 years (article was written in 2004)

-the change of policy of the new Ministry of Mining and Energy by JP PEU and therefore the new management company to IBARSKE MINES, in addition to the measures taken is influenced significantly increase production...

Full name of the company: Public Company for Underground Coal

Mining "Resavica", Resavica, in restructuring

Short name of the company: JP PEU Resavica

Address: 2, Petra Žalca street, Resavica, Serbia

ID: 17507699

Main activity: 10201- brown coal extracting and briquettemaking

Type of organization: State owned company

General manager: Zlatko Dragosavljevic

Legal status: Public company

Number of employees: 4,014

Year of establishment: 2003

Erin ventures old board member Zlatko Dragosavljevic

"Ibarski Rudnici" is a complex of two underground mines ("Jarando" and "Tadenje") and

a surface mine, located in the west of Serbia. Mining on this location started in 1924.

Moreover, there are also two deposits of boron minerals in the area http://www.priv.rs/upload/company/document/e-teaser_22166.pdf

Largest deposit of boron ore in Europe;

Bearing in mind that in the immediate vicinity of the mine is Ibarskih largest deposits of boron ore in Europe, bearing Piskanja and hills, mines Ibarski see a long-term perspective in the activation of exploitation of these reservoirs. For the program and a strategic partner is necessary to help the Republic of Serbia and the relevant ministries. Thus, to satisfy the conditions of exploitation in addition to boron ore production and processing capacity, which is of paramount importance tothe IBAR MINES and economy of the Republic of Serbia. It should be noted that the IBAR ore mines in the locality pine hills, expropriated land mine for the future, do certain construction work, carried out exploratory drilling at a length of 4810 meters, 676 meters did the investigative parts of the mine, which will also serve as passageways. Unearthed a quantity of ore for peacekeeping technological demonstration. On the basis of previous research from a study on the feasibility reserves and exploitation of mineral resource, which is verified by competent authorities of the Republican. In deposits Piskanja need to continue the work on the exploratory drilling to investigate the propagation SOUTHEASTERN BORDER slot. For the realization of the utilization of other minerals: dolomite sand, meremer, talc, tungsten, requires approximately execute innovation of investment programs.

http://translate.google.ca/translate?hl=en&sl=sr&u=http://www.kraljevo.com/ibarskenovosti/2004/novbroj20040813.htm&prev=/search%3Fq%3DPobrdje%2B%252B%2B%2BIbarski%2Brudnici%26hl%3Den%26biw%3D1152%26bih%3D525&sa=X&ei=4C5FUa7kN4GorAGh0ICwDg&sqi=2&ved=0CGYQ7gEwCQ

I wonder if Erin holds the mineral rights to other minerals in the Jarandol basin???

-Boron is considered the most lucrative in a field with few supply sources and large demand. Piskanja Boron deposit in Serbia, the 3rd largest boron deposit in the world. probable numbers are 10 - 12M tonnes and possible 20M+. so far EV.V has explored only ~4% of that basin yet has already established the 3rd largest deposit in the world. (so far) being arsenic free. 7.5M tonnes grading 39% B203 (boron) ( OR MORE)http://www.prweb.com/releases/2010/09/prweb4481974.htm