Erin Ventures Announces Boron Project Summer Exploration Program
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ERIN VENTURES INC. (“Erin”)
NEWS RELEASE
Erin Ventures Announces Boron Project Summer Exploration Program
July 20, 2018
Erin Ventures Inc. [TSXV: EV] announces its planned 2018 summer work program on its 100% owned
Piskanja boron project in Serbia.
Piskanja is Erin’s wholly -owned high -grade boron deposit with an indicated mineral resource of 7.8
million tonnes (averaging 31 percent B2O3), and an inferred resource of 3.4 million tonnes (averaging
28.6 percent B2O3), calculated in accordance with the Canadian Institute of Mining Definition Standards
on Mineral Resources and Reserves (CIM Standards) as disclosed in Erin’s filed report titled, “ Mineral
Resource Estimate Update On The Piskanja Borate Project, Serbia, October 2016”.
As previously anno unced on May 23 2018, Erin completed its spring work program consisting of 10
diamond drill holes (3,084 meters) on time and on budget, which was required in order to keep the
Piskanja exploration license in good standing . Erin confirms that it has submitt ed the requisite reports to
the Serbian Ministry of Mining and Energy in order to obtain an extension to the Piskanja exploration
license, which it expects imminently.
While Erin awaits formal confirmation of its license extension, Serbian mining law prohibits the
continuation of any exploration activity on the licensed area. As a result, Erin’s summer work program is
limited to “desktop activities ” until such time as the license extension approvals are formalized. These
desktop studies will include: a n environmental baseline study at Piskanja which will be prepared on
Erin’s behalf by the Mining Institute of Belgrade ; Phase 2 of an ongoing
mineralogy/petrology/sedimentology study being conducted by a senior professor from the Faculty of
Mining, University of Belgrade; and, geotech sampling and testing which will be conducted under the
supervision of SRK Consulting (UK) Limited . All of the se studies are required components of a
feasibility study and the mine licencing process as Erin advances Piskanja towards a going concern
operation.
This work program is designed to ensure that the project continues to comply with the Canadian Institute
of Mining "Best Practice Guidelines", the Republic of Serbia Ministry of Mining and Energy mine
development and licensing regulations, as well as with recommendations made by Erin’s geological
consulting firm - SRK Exploration Services Ltd from Cardiff, Wales.
On behalf of the Board of Directors,
Blake Fallis, General Manager
About Erin Ventures Inc.
Erin Ventures Inc. is an international mineral exploration and development company with boron assets in
Serbia and gold assets in North America. Headquartered in Victoria, B.C., Canada, Erin's shares are
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traded on the TSX Venture Exchange under the symbol "EV". For detailed information please see Erin's
website at www.erinventures.com or the Company's filed documents at www.sedar.com.
For further information, please contact: Erin’s Public Quotations
Erin Ventures Inc. Canada
645 Fort Street, Suite #203 TSXV: EV
Victoria, BC USA
Canada V8W1G2 SEC12G3-2(B)#82-4432
Blake Fallis, General Manager OTCBB: ERVFF
Phone: 1-250- 384-1999 or 1-888-289-3746 Europe
www.erinventures.com Berlin: EKV
The technical information in this release was prepared and approved by James E Wallis, M.Sc.
(Eng), P. Eng., a director of the company, who is a Qualified Person under National Instrument 43-
101.
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.
Forward Looking Statements:
This press release contains or refers to forward -looking information under Canadian securities legislation, including
statements regarding the timing of future mineral resource estimates and the PEA, estimation of mineral resources,
exploration results, potential mineralization, exploration and mine development plans, timing of the commencement
of operations and future production an d is based on current expectations that involve a number of business risks and
uncertainties. The words "believe," "expect," “feel,” "plan," "anticipate," “project,” “could,” “should” and other
similar expressions generally identify forward -looking stateme nts. Forward-looking statements are subject to
significant risks and uncertainties, and other factors that could cause actual results to differ materially from expected
results. Readers should not place undue reliance on forward -looking statements. Factor s 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 futur e, 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, as well as those factors discussed in the section entitled "Risks of the Business" in the
Company's most recent regulatory filings which are posted on SEDAR at www.sedar.com. These forward -looking
statements are made as of the date hereof and the Company assumes no responsibility to update them or revise them
to reflect new events or circumstances other than as required by applicable securities law. These and other factors
made in public disclosures and filings by the Company should be considered carefully.
Mineral resources are not mineral reserves and do not have demonstrated economic viability. "Inferred Resources"
have a great amount of uncertainty as to their existence, and economic and legal feasibility. Investors are cautioned
not to assume that all or any part of an inferred m ineral resource reported in this news release will ever be upgraded
to a higher category or to reserves. U.S. persons are advised that while mineral resources are recognized under
Canadian regulations, the U.S. Securities and Exchange Commission does not r ecognize them. U.S. persons are also
cautioned not to assume that all or any part of an inferred mineral resource is economically or legally mineable.