Erin Ventures in Due Diligence Process with Potential Partner
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ERIN VENTURES INC.
NEWS RELEASE – for immediate release
Erin Ventures in Due Diligence Process with Potential Partner
March 22, 2017
Erin Ventures Inc. [TSXV: EV] (“ Erin”) announces that it is e ngaged in a due diligence process
with a potential strategic partner regarding deve lopment of Erin’s Pisk anja 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 per cent B 2O3), and an inferred resource of 3.4
million tonnes (averaging 28.6 per cent B2O3).
This prospective partner meets Erin 's criteria because of its ability to provide capital required to
advance the Piskanja project towards production, as well as mining expertise, and boron-specific
expertise. Due to the nature of the boron market, Erin believes that its best course of action to
effectively penetrate the market in a timely mann er while maximizing returns to shareholders, is
to secure strategic partners who are well estab lished in various facets of the tightly controlled
boron industry - from production, to sales, to the manufacture of boron-derivative products.
“The robust numbers in our PEA and updated MRE, combined with improving market
conditions for the mining sector are generating new and renewed interest in our project by
potential strategic partners” said Tim Daniels, President of Erin. “Securing strategic partners who
can contribute to the development, future production and/or sale of product from Piskanja is one
of our immediate priorities.”
Due to the sensitive nature of the boron industry and the current stage of discussions, the parties
have entered into a non-disclosure agreement. C onsequently, no further specifics can be released
at this point in time. Erin will continue to update shareholders and the market in a timely fashion
of further material developments with respect to th is and other potential alli ances, as it is able to
disclose.
On behalf of the Board of Directors,
Blake Fallis, General Manager
About Erin Ventures Inc.
Erin Ventures Inc. is an international minera l exploration and development company with boron
assets in Serbia and gold assets in North Am erica. Headquartered in Victoria, B.C., Canada,
Erin's shares are 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.
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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 wa s prepared and approved by James E Wallis,
M.Sc. (Eng), P. Eng., a director of the compan y, who is a Qualified Person under National
Instrument 43-101.
Neither the TSX Venture Exchange nor its Regu lation Services Provider (as that term is
defined in the policies of the TSX Vent ure Exchange) accepts responsibility for the
adequacy or accuracy of this release.
Forward Looking Statements:
This press release contains or refers to forward-looking in formation 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 and is based on current expectations that involve a number of business risks and
uncertainties. The words "believe," "expect," “feel,” "pla n," "anticipate," “project,” “could,” “should” and other
similar expressions generally identify forward-looking st atements. 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 stat ements. Factors that could cause actual
results to differ materially from any forward-looking stat ement include, but are not limited to, failure to convert
estimated mineral resources to reserves, capital and oper ating 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, as well as those factors discussed in the section entitled "Risks of the Business" in the
Company's most recent regula tory 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 requ ired 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 ha ve demonstrated economic viability. "Inferred Resources"
have a great amount of uncertainty as to their existence, and economic and le gal feasibility. Investors are cautioned
not to assume that all or any part of an inferred mineral 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 recognize 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.