Terra Balcanica Resources Corp. is pleased to announce additional assay results from the 2023 Phase II drill campaign confirming continuation of the high-grade Cumavici Ridge polymetallic mineralization within its flagship Viogor-Zanik project in Bosnia and Herzegovina. The Company further announces closing of the final tranche of its non-brokered private placement financing of shares for total gross proceeds of $212,200 [...]
Terra Balcanica Resources Corp. is pleased to announce closing of the 1st tranche of the non-brokered private placement financing of common shares . The Company issued an aggregate of 4,105,000 Shares at a price of $0.04 per Share for gross proceeds of $164,200 pursuant to the Offering announced on December 1st, 2023. The Private Placement will be utilized for opportunities in the critical battery metal exploration space [...]
Terra Balcanica Resources Corp. announces the intent to complete a non-brokered, private placement for gross proceeds of up to $150,000 through the issuance of up to 3,750,000 common shares at a purchase price of $0.04 per share. The Common Shares will be offered by way of prospectus exemptions in Canada and the Common Shares sold in the Private Placement will be subject to a hold period of four months plus one day. The [...]
Terra Balcanica Resources Corp. is pleased to announce further high-grade assay results from the Phase II drill campaign confirming a continuation of the Cumavici Ridge epithermal vein zone within its principal Viogor-Zanik project in Bosnia and Herzegovina. Highlights Drillhole CMV23003 intersected 457 g/t AgEq over 4.15 m from 43.85 m downhole . The mineralized footprint at Cumavici Ridge has expanded significantly over [...]
Terra Balcanica Resources Corp. is pleased to announce initial assay results from the Phase II drill campaign confirming continuation of the high-grade Cumavici Ridge epithermal vein within its principal Viogor-Zanik project in Bosnia and Herzegovina. Highlights Drillhole CMV23004 intersected 1,168 g/t AgEq over 1.35 m from 36.2 m downhole ; Successful results from CMV23004 add approximately 50 m strike length SE of [...]
Terra Balcanica Resources Corp. is pleased to announce closing of the final tranche of its non-brokered private placement financing of units for total gross proceeds of $1,212,778. The Company further announces that it has completed the 2,000 m, Phase II drill program at the flagship, 216 km2 Viogor-Zanik project in eastern Bosnia and Herzegovina. Highlights In total, 17 diamond drill holes were completed during the 2023 [...]
Terra Balcanica Resources Corp. is pleased to announce the discovery of a new mineralized structure over 600 m northwest from the 2022 discovery made at the Cumavici Ridge epithermal vein target within its principal Viogor-Zanik project in eastern Bosnia and Herzegovina. Highlights Shallow, polymetallic mineralization has been intersected over 600 m northwest of the 2022 high grade, silver discovery at Cumavici Ridge [...]
Vancouver, British Columbia, Aug. 01, 2023 -- Terra Balcanica Resources Corp. is pleased to announce closing of the 4th tranche of the non-brokered private placement financing of units as it continues drilling the Brezani porphyry target in eastern Bosnia and Herzegovina. Fourth Tranche Private Placement Financing Closed The Company issued an aggregate of 2,866,229 Units at a price of $0.085 per Unit for gross proceeds of [...]
Terra Balcanica Resources Corp. is pleased to announce closing of the 3rd tranche of the non-brokered private placement financing of units as it continues drilling the Brezani porphyry target in eastern Bosnia and Herzegovina. Brezani Phase II Drilling Campaign The Company is testing a 650 m wide conductivity high at the centre of an anomalously magnetic volume of rock, 1.2 km in diameter, where potassic altered [...]
Terra Balcanica Resources Corp. is pleased to announce closing of the 2nd tranche of the non-brokered private placement financing of units and recommences drilling of the 1.2 km wide Brezani porphyry target at its flagship Viogor-Zanik project in Bosnia and Herzegovina. Second Tranche Private Placement Financing Closed The Company issued an aggregate of 3,620,564 Units at a price of $0.085 per Unit for gross proceeds of [...]
Terra Balcanica Resources Corp. has agreed to settle outstanding debt in the amount of CDN$77,923 owing to an arm's length creditor by issuing an aggregate of 916,749 common shares in the capital of the Company at a price of $0.085 per Common Share . The Board of Directors has determined it is in the best interests of the Company to settle the outstanding Debt by the issuance of the Common Shares in order to preserve the [...]
Terra Balcanica Resources Corp. announces the appointment of Rodney Stevens as its Business Development Officer. Mr. Stevens is a CFA Charterholder with over a decade of experience in the capital markets, first as an investment analyst with Salman Partners Inc., and subsequently as a merchant and investment banker. While at Salman Partners, he was proclaimed the 2007 top-rated analyst for the metals and mining industry by [...]