BRIEF

on Boron One Holdings Inc. (CVE:BONE)

Boron One Achieves Commercial-Grade Concentrate from Piskanja Project

Boron One Holdings Inc. has announced the successful production of commercial-grade colemanite concentrate from test samples at its Piskanja deposit in Serbia. The samples, processed using conventional and environmentally sustainable technologies, mimic the conditions expected during future commercial operations. This achievement follows earlier tests validating the production of concentrated minerals from the deposit.

The recent studies, incorporating realistic mining dilution with waste rock, provide a precise forecast of the anticipated commercial processing performance. These findings contribute crucially to the final adjustments of Boron One's Feasibility Study, as requested by Serbia's Mining Ministry.

The company has temporarily paused the review process for its documentation to finalize these amendments. Once completed, Boron One plans to resubmit the Feasibility Study to pursue formal approval for exploiting the field. The company's commitment to sustainable boron asset development aims to support global decarbonization efforts.

R. H.

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