# Boron One Holdings Inc. Advances with Potential Partner

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/boron-one-holdings-inc-advances-with-potential-partner--6c9c0586-9bfe-4368-b3c7-ec96685bdcc4

Original source: https://money.tmx.com/en/quote/BONE/news/4932999053711075/boron-one-holdings-inc-advances-with-potential-partner

Publisher: tmx

Original announcement: 2026-03-31T21:20:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Boron One Holdings Inc.

- Ticker: BONE

- Exchange: TSX

- Region: Serbia

- Primary commodity: Boron

- Secondary commodities: B2o3

- Document categories: Resource update, Agreement transaction, Capital raise

- Extracted: 2026-09-15 15:02:16 UTC

Narrative sentiment: 0.40 · Bullish

## Minestarters Atlas summary

Boron One Holdings Inc. is progressing through a diligence process with a potential strategic partner for its boron assets. Additionally, the company has announced a non-brokered private placement of up to $800,000 to fund working capital and future project planning.

Reasoning: The company is advancing two distinct corporate milestones: a potential commercial partnership and a capital raise, while providing a summary of its existing resource base.

- Positive factor: Progressing through diligence with a potential strategic partner

- Positive factor: Announced a non-brokered private placement to bolster working capital

- Positive factor: Reiteration of existing mineral resource scale

- Negative factor: Private placement is for working capital, indicating need for liquidity

Facts used in scoring: 4

## Classification and evidence

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: The document restates an Inferred resource component of the Piskanja project.

Evidence · text

> Inferred Mineral Resource of 284.7 thousand tonnes

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: Prof. Miodrag Banješević is named as the responsible person for the PEA and MRE.

Evidence · text

> The responsible person for the PEA and the Mineral Resource Estimate contained within, is Prof. Miodrag Banješević PhD. P.Geo, EurGeol

## Extracted facts

Stored fact records: 3. Some facts used in scoring do not have a stored record.

## Resource Estimates (3)

### measured

[Link to this fact](https://atlas-extractions.minestarters.com/news/boron-one-holdings-inc-advances-with-potential-partner--6c9c0586-9bfe-4368-b3c7-ec96685bdcc4#fact-resource-facts-1)

Piskanja Boron Project · boron

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Piskanja Boron Project
- Commodity: boron
- Region: serbia
- Reported Region: Serbia
- Ticker: BONE

#### Resource scope

- Estimate type: resource
- Reporting standards: other
- Qualified person names: Prof. Miodrag Banješević PhD. P.Geo, EurGeol
- Resource group id: resource:c99b5281548d2917b7cc
- Deposit or zone: Piskanja

#### Resource Data

- Category: measured
- Tonnes: 1390000
- Grade: 35.59
- Grade Unit: % B2O3

#### Prior Estimate

- Resource Date: 2022-06-24

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2022-06-24T00:00:00.000Z

#### Dates

- Event date: 2026-03-31T00:00:00.000Z

Reasoning: This is a restatement of the existing Measured resource from the 2022 PEA.

- Positive factor: High grade B2O3

Evidence · text

> Measured Mineral Resource of 1.39 million tonnes \(averaging 35.59% B2O3\)... as disclosed in the Company's report titled, "Technical Report and Preliminary Economic Assessment For The Piskanja Borate Project, Serbia, June 24, 2022".

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.8 years before this release

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/boron-one-holdings-inc-advances-with-potential-partner--6c9c0586-9bfe-4368-b3c7-ec96685bdcc4#fact-resource-facts-2)

Piskanja Boron Project · boron

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Piskanja Boron Project
- Commodity: boron
- Region: serbia
- Reported Region: Serbia
- Ticker: BONE

#### Resource scope

- Estimate type: resource
- Reporting standards: other
- Qualified person names: Prof. Miodrag Banješević PhD. P.Geo, EurGeol
- Resource group id: resource:c850bb7f6f83f4a59397
- Deposit or zone: Piskanja

#### Resource Data

- Category: indicated
- Tonnes: 5480000
- Grade: 34.05
- Grade Unit: % B2O3

#### Prior Estimate

- Resource Date: 2022-06-24

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2022-06-24T00:00:00.000Z

#### Dates

- Event date: 2026-03-31T00:00:00.000Z

Reasoning: This is a restatement of the existing Indicated resource from the 2022 PEA.

- Positive factor: Significant indicated tonnage

Evidence · text

> Indicated Mineral Resource of 5.48 million tonnes \(averaging 34.05% B2O3\)... as disclosed in the Company's report titled, "Technical Report and Preliminary Economic Assessment For The Piskanja Borate Project, Serbia, June 24, 2022".

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.8 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/boron-one-holdings-inc-advances-with-potential-partner--6c9c0586-9bfe-4368-b3c7-ec96685bdcc4#fact-resource-facts-3)

Piskanja Boron Project · boron

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Piskanja Boron Project
- Commodity: boron
- Region: serbia
- Reported Region: Serbia
- Ticker: BONE

#### Resource scope

- Estimate type: resource
- Reporting standards: other
- Qualified person names: Prof. Miodrag Banješević PhD. P.Geo, EurGeol
- Resource group id: resource:0ea97ab54df011c2f556
- Deposit or zone: Piskanja

#### Resource Data

- Category: inferred
- Tonnes: 284700
- Grade: 39.59
- Grade Unit: % B2O3

#### Prior Estimate

- Resource Date: 2022-06-24

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2022-06-24T00:00:00.000Z

#### Dates

- Event date: 2026-03-31T00:00:00.000Z

Reasoning: This is a restatement of the existing Inferred resource from the 2022 PEA.

- Positive factor: High grade B2O3

- Negative factor: Speculative category

Evidence · text

> Inferred Mineral Resource of 284.7 thousand tonnes \(averaging 39.59% B2O3\)... as disclosed in the Company's report titled, "Technical Report and Preliminary Economic Assessment For The Piskanja Borate Project, Serbia, June 24, 2022".

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.8 years before this release

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
