Mr. Blake Fallis reports

ERIN VENTURES ANNOUNCES ADDITIONAL PISKANJA BORON PROJECT ASSAY RESULTS

Erin Ventures Inc. has received assay results for two additional drill holes (hole No. EV146 and EV147) from its Piskanja boron project in Serbia with the results meeting management's expectations. Piskanja is a high-grade boron deposit with a National Instrument 43-101-compliant mineral resource of 5.6 million indicated tonnes (averaging 30.8 per cent boron trioxide), and 6.2 million inferred tonnes (averaging 28.8 per cent B2O3).

Highlights of drill holes EV146 and EV147

Holes 146 and 147 are located a in southwestern section of a 50-metre-by-50-metre in-fill drill grid (located in central part of the Piskanja deposit).

Hole EV146 intersected a total of 17.23 metres of mineralization averaging 26.23 per cent B2O3, from within two known borate layers and one new mineralized interval, including an intersection of 12.98 metres averaging 33.22 per cent B2O3.

Hole EV147 was used for mineralogy, petrology and sedimentology research, and intersected three borate layers totalling 16.1 metres of 20.68 per cent B2O3, including 10.36 metres averaging 29.8 per cent B2O3.

The following table shows total mineralized intervals per hole, with the intersected borate layers.

Hole              Total thickness                     Mineralized zone/ 
             of mineralization (m)                        borate layer

EV146                       17.23    New mineralization, RT-2 and RT-1
EV147                       16.10    RT-2, new mineralization and RT-1

                                     ASSAY RESULTS

Hole       Mineralized zone    Thickness               Depth                 Weighted average  
                                          From (m)     To (m)  Interval (m)     grade B2O3 (%)
              
EV146     RT-6 non-economic        Total   176.00     176.93          0.93               4.55                  
                               Including   176.60     176.93          0.33              11.37 
         New mineralization        Total   189.60     192.00          2.40              15.37 
                               Including   189.60     190.90          1.30              18.32 
                       RT-2        Total   208.90     215.80          6.90              31.60 
                               Including   210.05     215.80          5.75              36.68 
                       RT-1      Total 1   292.65     300.25          7.60              26.00 
                                 Total 2   292.65     299.25          6.60              29.70  
                               Including  1293.65     299.25          5.60              34.42  
                               Including  2294.45     299.25          4.80              38.27  
                     Total mineralization in hole      Total         17.23              26.23  
                                                   Including         12.98              33.22   
EV147                  RT-3        Total   150.40     151.25          0.85               9.31
                                                                                             
                       RT-2        Total   189.10     198.60          9.50              22.01  
                               Including  1190.95     198.60          7.65              26.94  
                               Including  2191.70     198.60          6.90              29.53  
                                                                                               
         New mineralization
               non-economic        Total   209.90     211.60          1.70               5.63    
                               Including   211.25     211.60          0.35              15.52 
                                                                                              
                       RT-1        Total   274.30     278.26          3.96              26.38  
                               Including  1275.55     278.26          2.71              37.88   
                               Including  2276.20     278.26          2.06              48.66  
                     Total mineralization in hole      Total         16.01              20.68   
                                                   Including         10.36              29.80       

Chemical analyses were conducted as follows:

• Results are stated as a percentage concentration;
• All measurements are metric;
• Chemical analysis was conducted by SGS Turkey, located in Ankara, Turkey, with sample preparation being conducted by SGS's facility in Serbia;
• Analytical methodology:
  • ICP90A (by sodium peroxide fusion) -- for determination of boron (present in B per cent) and package of multielement analysis (aluminum, arsenic, boron, beryllium, calcium, cadmium, cobalt, chromium, copper, iron, potassium, lanthanum, lithium, magnesium, manganese, molybdenum, nickel, phosphorus, lead, antimony, scandium, tin, titanium, vanadium, tungsten, yttrium and zinc);
  • ICP95A -- whole rock analysis (by lithium metaborate fusion/ICP-AES) for determinations: aluminum oxide, barium, calcium oxide, chromium (III) oxide, iron (III) oxide, potassium oxide, magnesium oxide, manganese (II) oxide, sodium oxide, nickel, phosphorus pentoxide, silicon dioxide, strontium, titanium dioxide, yttrium and zirconium;
  • CSA06V -- total sulphur, Leco method;
  • PHY01K -- for determination of LOI (loss on ignition) at approximately 950 degrees Celsius by gravimetric analysis;
  • Location: Piskanja project, Baljevac, Serbia;
  • Sample type: HQ-size diamond core drilling;
• Azimuth/dip: vertical hole, 90-degree dip;
• Sample interval is 0.5 metre.

Erin's Piskanja in-fill drill program

Erin has recently completed an 11-hole diamond drill program of HQ and larger diameter vertical core drilling, consisting of in-fill drilling on a 50-metre-by-50-metre grid over the central part of the Piskanja deposit. This program is designed to raise the confidence level of the mineral resource to measured. This is a key component in advancing the Piskanja project toward feasibility.

The continuing work program at Piskanja and Jarandol is designed to ensure that the project complies with both the Canadian Institute of Mining best practice guidelines and Serbian mine licensing and mine development regulations, as well as complying with recommendations made by Erin's geological consulting firm -- SRK Exploration Services Ltd.

We seek Safe Harbor.