Boron One Holdings Inc. Project Update Highlights: Commercial-grade concentrate achieved, simulating run-of-mine parameters Work advances towards completion of Feasibility Study amendments
Page 1 of 2
BORON ONE HOLDINGS INC.
NEWS RELEASE [for immediate release]
Boron One Holdings Inc. Project Update
Highlights: Commercial-grade concentrate achieved, simulating run-of-mine parameters
Work advances towards completion of Feasibility Study amendments
August 31, 2026
Victoria, Canada [Accesswire]
Boron One Holdings Inc. (“Boron One” or the “Company”) [TSXV: BONE], a company committed to
advancing global decarbonization through the responsible development of its boron assets, is pleased to
announce that it has successfully produced commercial -grade colemanite concentrate from test samples
sourced from its Piskanja deposit, utilizing conventional, environmentally sustainable, and readily available
processing technologies. The material used in this recent test program closely replicates run-of-mine feed
that is anticipated during future commercial operations at Piskanja, with the inclusion of representative
proportions of hanging wall and footwall waste materials that are consistent with the mining dilution
models for Piskanja.
This work builds upon earlier metallurgical testing completed at ALS Labs, which confirmed the ability to
generate commercial -grade concentrates from representative mineralized samples from within the
Piskanja colemanite bodies only. Unlike the prior test program however, because the current test work
incorporates realistic mining dilution (waste rock), it provides a more accurate assessment of expected
commercial processing performance.
The results of this processing study (along with related tailings and backfill studies) form the final remaining
amendments to the Company’s Serbian -compliant Feasibility Study, which have been requested by the
Mining Ministry. In the interim, in keeping with regulations, the Company has requested a suspension of
its documentation review process by the Ministry, pending the completion of the aforementioned
amendments. Upon completion of the amendments, the updated Feasibility Study will be resubmitted to
the Ministry by the Company to continue the formal review process towards the Exploitation Field approval.
On behalf of the Board of Directors,
Tim Daniels
###
About Boron One Holdings Inc.
Boron One Holdings Inc. is a leading company dedicated to advancing the decarbonization of the planet
through the responsible utilization of its wholly owned boron assets. With a commitment to environmental
stewardship and sustainability, Boron One aims to play a crucial role in reducing the world’s carbon
footprint and supporting a cleaner, greener future for us all.
Page 2 of 2
Headquartered in Victoria, B.C., Canada, Boron One’s shares are traded on the TSX Venture Exchange
under the symbol "BONE". For detailed information please see Boron One's website at www.boronone.com
or the Company's filed documents at https://www.sedarplus.ca/.
For further information, please contact: Boron’s Public Quotations:
Blake Fallis, General Manager TSX Venture: BONE
Phone: 1-250- 384-1999 or 1-888-289-3746 Berlin: EKV
[email protected] US: SEC 12G3-2(B) #82-4432ERVFF
www.boronone.com OTCBB: ERVFF
Qualified Persons
Nenad Rakic, EurGeol, Piskanja Project Field Manager, a qualified person as defined by NI 43-101, has
reviewed the technical information that forms the basis for this news release, and has approved the
disclosure herein.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
this release.
For Boron One Holdings Inc. Investors
This news release contains “forward -looking statements” within the meaning of applicable Canadian
securities legislation. Certain statements made in this press release that are not based on historical
information are forward-looking statements that involve substantial known and unknown risks and
uncertainties. This press release contains express or implied forward-looking statements relating to,
among other things, Boron One’s expectations concerning management's plans, objectives and strategies,
including its plans for advancing the Company's Piskanja Project through to an exploitation license. These
statements are neither promises nor guarantees but are subject to a variety of risks and uncertainties,
many of which are beyond the Company’s control, and which could cause actual results to differ materially
from those contemplated in these forward-looking statements. Factors that could cause actual results to
differ materially from any forward-looking statement include, but are not limited to, failure to convert
estimated mineral resources to reserves, capital and operating costs varying significantly from estimates,
the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required
governmental, environmental or other project approvals, political risks, uncertainties relating to the
availability and costs of financing needed in the future, changes in equity markets, inflation, changes in
exchange rates, fluctuations in commodity prices, delays in the development of projects and the other risks
involved in the mineral exploration and development industry.
Existing and prospective investors are cautioned not to place undue reliance on these forward-
looking statements, which speak only as of the date hereof.
Boron One Holdings Inc. undertakes no obligation to update or revise the information contained in this
press release, whether as a result of new information, future events or circumstances or otherwise except
as expressly required by applicable securities law. Further information regarding the uncertainties and
risks can be found in the disclosure documents filed by Boron One with the securities regulatory
authorities, available at https://www.sedarplus.ca/. These and other factors made in public disclosures and
filings by the Company should be considered carefully.