Erin Ventures Inc. (TSX VENTURE:EV) reports that the licensing process for the
Serbian boron deposit is now underway. It is anticipated that an exploration
license may be granted to Erin within 90 days (as reported by Erin in a news
release on 5-11-2010).


Under Serbian law, a mineral exploration license is granted exclusively, for a 3
year period. Upon successful completion of the exploration program, the license
holder has the sole right to apply for an exploitation (mining) license. 


Summary of the Piskanja boron property

Piskanja is located in a historical mining region that has good infrastructure
for mining including roads, rail, electric power, experienced miners, etc., 250
km south of Belgrade, Serbia by good paved roads. 


The Piskanja property has a historical estimate(i) of approximately seven
million tonnes of 39 per cent B2O3 (boron) as colemanite and ulexite, based upon
historic drill data (some of which was conducted by Erin previously). Evaluation
of the drill-hole data by Erin's technical advisers indicates that the Piskanja
deposit has the potential of hosting additional significant borate tonnage
beyond the historical estimate of seven million tonnes, based on their
observations that the deposit is open both to the south and the east, as the
last drill holes ended in mineralization. 


(i)(A Qualified Person has not done sufficient work to classify the historical
estimate as a current mineral resource. Additional drilling will be required
before this historical estimate could be raised to a resource status. Erin is
not treating the historical estimate as current mineral resources and the
historical estimate should not be relied upon.)


About boron

Borate minerals and refined borate products are used extensively worldwide in
the manufacture of vitreous products such as fiberglass insulation, textile
fiberglass, borosilicate glass (LCD screens), ceramic glazes and porcelain
enamels. These applications account for approximately 60 per cent of borate
consumption, with detergents, fire retardants, metallurgy, agriculture,
insecticides, wood preservatives and specialty products accounting for the
remainder. Consumption of borates used in high- technical applications is
expected to increase by 10% in North America and 13% in Europe by 2012. China is
the largest consumer of boron, where consumption has rose by 15 percent per year
from 2000 to 2010. Market prices reflect the relative scarcity of borates with
pricesm averaging: US$280/t for colemanite concentrate (40-42 percent B2O3);
US$500/t for ulexite (40 percent B2O3); US$550/t for boric acid; and US$50/kg
for anhydrous borax.(i)


(i)Source: US Geological Survey, Report on Boron 2008.



On behalf of the Board of Directors,                                        
Blake Fallis, General Manager                                               
                                                                            
Erin's Public Quotations:                                                   
Canada                                                                      
TSX Venture: EV                                                             
USA                                                                         
SEC 12G3-2(B) #82-4432                                                      
OTCBB: ERVFF                                                                
Europe                                                                      
Berlin Stock Exchange: EKV                                                  



The technical information in this release was prepared by James E Wallis, M.Sc.
(Eng), P. Eng. a consultant to the Corporation, who is a Qualified Person under
National Instrument 43-101.


Forward Looking Statements 

This release contains forward looking statements. The words "believe," "expect,"
"feel," "plan," "anticipate," "project," "could," "should" and other similar
expressions generally identify forward-looking statements. Readers are cautioned
not to place undue reliance on these forward-looking statements, which speak
only as of their dates. These forward-looking statements are subject to a number
of risks and uncertainties including, without limitation, variations in
estimated costs, the failure to discover or recover economic grades of minerals,
and the inability to raise the funds necessary for the continued operations of
the Company, changes in external market factors including commodity prices, and
other risks and uncertainties. Actual results could differ materially from the
results referred to in the forward-looking statements.


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