100% (Tera Balkanika d.o.o. Beograd)
Rashka District (Kopaonik metallogenic zone)
Vein-hosted intermediate sulfidation epithermal
Drill ready (Q1 2023)
About Ceovishte Project
The Ceovishte licence area straddles the northern edge of the Kopaonik metallogenic zone (i.e. Rashka District), a 10 x 20km area of the Serbo-Macedonian Metallogenic Province that features many Pb and Zn deposits (e.g. world-class 60 Mt Trepča Pb-Zn skarn deposit*) but also Cu-Au porphyry targets and satellite epithermal deposits hosted by Tertiary andesitic to dacite volcanics and granodiorites. To the east and west, magmatic rocks are in contact with Jurassic serpentinites. The Pb-Zn mineralization is structurally related to a NNE-SSW fault system and associated fracture zones. Lead and zinc deposits occur in veins, appear disseminated, or as pinch and swell lenses.
* see appendix III of the corporate presentation for full disclosure
The Ceovishte Au Target
Along strike north from the Kovachi polymetallic targets
Anastomosing system of up to 4 m thick, shear-hosted, epithermal quartz-arsenopyrite veins shallowly dipping to the NNE.
Grab samples on surface grading up to 64 g/t Au*
Historically explored by shallow adits, however never drill tested!
* see appendix III of the corporate presentation for full disclosure of ore estimations