# Boron One Holdings Inc. - Approval Process Update Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/boron-one-holdings-inc-approval-process-update--e254e8f5-8c76-4735-971f-015ae27f303a Original source: https://money.tmx.com/en/quote/BONE/news/7417204798729657/boron-one-holdings-inc-approval-process-update Publisher: tmx Original announcement: 2025-09-26T11:30:00.000Z 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: None reported - Document categories: Resource update, Permitting - Extracted: 2026-09-15 15:16:12 UTC Narrative sentiment: 0.00 · Neutral ## Minestarters Atlas summary Boron One Holdings Inc. provided an update on the approval process for its Piskanja Project in Serbia. The Ministry of Mining has reviewed the feasibility study and requested certain amendments, which the company's technical team is currently addressing. Reasoning: The company is providing a routine update on the permitting process; while amendments are required, the process is advancing. - Positive factor: progress being made in this process - Positive factor: Ministry has reviewed feasibility study - Negative factor: Ministry requires certain amendments before approval Facts used in scoring: 4 ## Classification and evidence **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: The document restates the Piskanja Mineral Resource Estimate from the June 24, 2022 report. Evidence · text > as disclosed in the Company's report titled, "Technical Report and Preliminary Economic Assessment For The Piskanja Borate Project, Serbia, June 24, 2022" ## 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-approval-process-update--e254e8f5-8c76-4735-971f-015ae27f303a#fact-resource-facts-1) Piskanja Project · boron Historical result Needs review: historical\_restatement #### Identity - Project: Piskanja Project - Commodity: boron - Region: serbia - Reported Region: Serbia - Ticker: BONE #### Resource scope - Estimate type: resource - Reporting standards: other - QP Signed: Yes - Qualified person names: Prof. Miodrag Banješević PhD. P.Geo, EurGeol - Resource group id: resource:8fef974da0f50fb52bc0 #### 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: 2025-09-26T00:00:00.000Z Reasoning: Historical resource data restated in the context of the project update. - Positive factor: high grade B2O3 Evidence · text > Measured Mineral Resource of 1.39 million tonnes \(averaging 35.59% B2O3\) #### 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 **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: qp\_signed is true **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 **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 3.3 years before this release ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/boron-one-holdings-inc-approval-process-update--e254e8f5-8c76-4735-971f-015ae27f303a#fact-resource-facts-2) Piskanja Project · boron Historical result Needs review: historical\_restatement #### Identity - Project: Piskanja Project - Commodity: boron - Region: serbia - Reported Region: Serbia - Ticker: BONE #### Resource scope - Estimate type: resource - Reporting standards: other - QP Signed: Yes - Qualified person names: Prof. Miodrag Banješević PhD. P.Geo, EurGeol - Resource group id: resource:b69d252d1fb076fe8993 #### 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: 2025-09-26T00:00:00.000Z Reasoning: Historical resource data restated in the context of the project update. - Positive factor: high grade B2O3 Evidence · text > Indicated Mineral Resource of 5.48 million tonnes \(averaging 34.05% B2O3\) #### 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 **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: qp\_signed is true **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 **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 3.3 years before this release ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/boron-one-holdings-inc-approval-process-update--e254e8f5-8c76-4735-971f-015ae27f303a#fact-resource-facts-3) Piskanja Project · boron Historical result Needs review: historical\_restatement #### Identity - Project: Piskanja Project - Commodity: boron - Region: serbia - Reported Region: Serbia - Ticker: BONE #### Resource scope - Estimate type: resource - Reporting standards: other - QP Signed: Yes - Qualified person names: Prof. Miodrag Banješević PhD. P.Geo, EurGeol - Resource group id: resource:d37eab59495b0f261754 #### 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: 2025-09-26T00:00:00.000Z Reasoning: Historical resource data restated in the context of the project update. - Positive factor: very high grade B2O3 Evidence · text > Inferred Mineral Resource of 284.7 thousand tonnes \(averaging 39.59% B2O3\) #### 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 **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: qp\_signed is true **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 **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 3.3 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.