Piskanja is a wholly owned, pre-construction boron development project held through Balkan Gold d.o.o. The 2022 NI 43-101 PEA outlines underground mechanical excavation using a selective drift-and-fill method, followed by crushing, screening and beneficiation to produce colemanite-rich concentrate; later mine-life plans include on-site conversion of part of the concentrate into boric acid through acid leaching, filtration, cooling and crystallization. A separate Serbian-compliant feasibility study was completed in 2023 for licensing purposes and was described by the company as comparable in scope and confidence to a CIM pre-feasibility study, but its detailed economics have not been publicly disclosed. Serbia issued a Certificate of Reserves in January 2024, and the exploitation-field application remains under review following a ministry request for amendments. A conditional three-year offtake agreement was signed in May 2026 for future concentrates and derivative products, subject to permitting, operational readiness and plant qualification.
- Country
- Serbia
- Commodity
- Boron
- Stage
- Pre-Feasibility