Ceovište (Serbia)
Ownership
100% (Tera Balkanika d.o.o. Beograd)
Area
80.36 km2
District
Rashka District (Kopaonik metallogenic zone)
Deposit type
Vein-hosted intermediate sulfidation epithermal
Commodities
Au, Ag
Status
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
