Who are we?
Terra Balcanica Resources Corporation is a global polymetallic and energy resources explorer headquartered in Vancouver, BC Canada.
Our operational focus primarily rests with Europe’s highly prolific Western Tethyan Metallogenic Belt as it extends over the Balkans but also the world renowned Athabasca Basin of Canada’s northern Saskatchewan. The Company strategically targets critical (Sb-Zn-Ag-Au-Li), and energy-transition metals (U) needed by the resource-hungry economies on both sides of the Atlantic.
In Bosnia and Herzegovina, an ancient European mining jurisdiction, Terra Balcanica is currently drill-defining grade and ore volumes over two polymetallic targets situated within our 168 km2 Viogor-Zanik project. The shallow, high grade character of structurally controlled mineralization yields to potentially easy-to-operate, open-pit or shallow underground mining operations. An additional benefit is presented by the adjacent Pb-Zn-Ag-Sb mine that generates 350 ktpa of ore concentrate with onsite crushing and flotation circuits.
The Company’s optioned uranium-exploration portfolio of 600 km2 surrounding Saskatchewan’s famous Athabasca Basin was acquired at the time of renewed interest in uranium as the bedrock of the clean energy transition with a significant investment potential. We specifically target the so-called “basement hosted” uranium mineralization as a new exploration paradigm and aim to drill deep crustal faults as both conduits for oxidized uranium bearing fluids and hosts of reductive graphite seams.
The technical team is led by the CEO and a regional metallogeny expert with a record of discovery in the Balkans reporting to the Board of Directors consisting of proven corporate finance experts specialized in the multi-commodity resource space.
Terra emphasizes responsible engagement with local communities and stakeholders and is committed to proactively implementing best industry practices including sustainable health, safety, and environmental management.
Terra’s goal is to forge superior returns for its shareholders by rapidly advancing compelling metallic and energy assets in Europe and Canada to the level of preliminary mineral resource estimate within the next 24 months.
OUR PROJECTS
Viogor-Zanik
Athabasca Basin
Why Terra Balcanica
Multi-Jurisdictional Approach
- 762 km2 combined land position of combined land position in Canada and Bosnia and Herzegovina;
- 90% owned, 168 km2 Viogor–Zanik porphyry and epithermal project in the eastern Bosnian Srebrenica Mining District;
Western Tethyan: Porphyry Cu-Au & Epithermal (Au-Ag) Pb-Zn-Sn-Sb
The Western Tethyan Metallogenic Belt features clusters of world-class deposits from Turkey to the Balkans:
- Čukaru Peki*(Serbia) – 1.7 Bt inferred resource grading 0.85% Cu and 0.18 g/t Au with 9.6 Moz Au (total contained metal) epithermal-porphyry deposit;
- Kişladag* (Turkey) – Europe’s richest Au porphyry with a total proven mineral reserve of 4.0 Moz Au and a total production of 200,000 oz Au in 2020;
- Surdulica* (Serbia) – Europe’s biggest Mo porphyry (22Mt @ 0.05% Mo M&I; 125 Mt @ 0.05% inferred);
- Rosia Montana* (Romania) – Europe’s largest undeveloped Au-Ag deposit with measured and indicated resources of 513 Mt at 1.04 g/t Au and 5 g/t Ag;
- Skouries* (Greece) – Cu-Au porphyry with a measured and indicated resource of 240Mt grading 0.65 g/t Au and 0.47% Cu including 1Mt of total contained Cu.
*For full disclosure of stated mineral resources/reserves/production see Appendix III of the corporate presentation.
The Western Balkans: Untapped Exploration Potential
- Terra Balcanica has projects located at the NW end of a corridor featuring multiple epithermal Pb-Zn-Ag-Au, porphyry Au-Cu-Mo, and skarn Au/CRD Pb-Zn deposits – Endowment;
- Global mining leaders including Rio Tinto, Freeport McMorran, Zijin, Dundee PM, and Eldorado Gold have active mines or PFS/FS projects in the region – Tier-1 global mining district;
- Adriatic Metals plc. (ASX: ADT; LSE: ADT 1) closed a US$245M financing of the Vareš Silver mine; project advanced from exploration to construction in less than 4 years – Fast Track;
- Zijin’s acquisition of the Nevsun Resources’ Timok Project in Serbia for C$1.86B in 2018 – Opportunity;
- Much of the former Yugoslav landmass has not been explored by modern techniques – Potential;
- Terra Balcanica has competitive advantage in the region due to strong local, regional, and national networks and a proven operational experience
Favourable Investment Landscape
- Mining-friendly central European countries (EU member candidates) with extensive access to infrastructure
- Rare combination:
- stable governments,
- low corporate taxation and royalties,
- world-class geology,
- highly skilled workforce,
- established mining codes,
- clear permitting processes
Art of Discovery
Ours is a disciplined and creative team of mining professionals that has demonstrated an ability to make discoveries in places overlooked or abandoned by others and to leverage these forgotten or neglected gems as incubators of the mining continuum and value creators for our shareholders.
Whether it is systematically rehashing volumes of archived data sets, modeling newly acquired geophysical data, or rapidly ground-truthing rugged vast expanse of the Western Balkan Peninsula aimed at targeting the “sweet spots” – discovery is in our geological DNA. Our leadership group and technical team is fully committed and vested.
Because it’s not what we promise. It’s what we show for.