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Erin Ventures Set to Begin Serbian Drill Program for Borate in June

Shares of Erin Ventures (EV.V) are steady in moderate volume today at $0.13 each with the junior miner saying it plans to begin the first phase of drill testing at its Piskanja borate project in Serbia starting in June.

According to the company, unexpected delays in receiving certain historical exploration data and drill core from the Serbian authorities pushed the start of drilling about three months behind schedule. Besides Erin, Rio Tinto ( RIO ) and a Serbian government-owned company, Ibar Mines, have explored the site for oxidized boron.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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