Terra Balcanica Resources Corp. is pleased to announce the granting of the Ceovishte exploration licence by the Serbian Ministry of Energy and Mines. The new licence held by the Company's 100% owned subsidiary Tera Balkanika doo covers 80.36 km2 of highly prospective land for gold and copper exploration in the historic Raska mining district of southern Serbia. Highlights A pending application for the mineral exploration [...]
Terra Balcanica Resources Corp. announces a grant of stock options. The Company has engaged Crowthorn Capital Corp. , a capital markets consultancy company for a period of twelve months starting on October 11th, 2022. There will be no cash compensation paid for the services and the contract may be terminated at any time without charge by either party by giving three months' notice in writing. In connection with the [...]
Terra Balcanica Resources Corp. is pleased to announce an extension of the polymetallic sulphide veins with two step-out holes at the Cumavici Target at its 90% owned Viogor-Zanik project, Bosnia and Herzegovina. Highlights Extension of shallow epithermal vein system: drillhole CMVDD001 intercepted 824.2 g/t AgEq. over 4.0 meters while CMVDD002 and CMVD003 aimed to test the down-dip extensions of the high-grade [...]
Terra Balcanica Resources Corp. is pleased to announce the results of its maiden drilling at the Cumavici prospect at its 90% owned Viogor-Zanik project, Bosnia and Herzegovina. The Company intercepted a shallow, high-grade polymetallic vein with the first drillhole completed on the project. Highlights Discovery of shallow, high-grade, polymetallic, vein-hosted mineralization; Drillhole CMVDD001 intercepted 824.2 g/t [...]
Terra Balcanica Resources is pleased to announce an intersection of massive polymetallic sulphide vein at the Cumavici target located within its 90% owned Viogor-Zanik project. Highlights The first diamond drillhole completed by the Company at the Viogor-Zanik project discovered a shallow polymetallic, epithermal vein at the Cumavici target located in the NW sector of the project Massive sulfide veins were intercepted as [...]
Terra Balcanica Resources is pleased to announce the results of exploration trenching at the Brezani target at its 90% owned Viogor-Zanik project in Bosnia and Herzegovina. Highlights: All composite assays obtained from 4 surface trenches totaling 205 m at the greenfield Brezani target intercepted gold mineralization; Trench BRE_004 returned 32 m at 0.54 g/t AuEq. including 10 m at 1.01 g/t AuEq.;
Terra Balcanica Resources announces that shareholders voted in favor of all resolutions presented in its management information circular at the Annual General Meeting of Shareholders held on August 15th, 2022. A total of 20,252,760 common shares were voted at the Meeting, representing 27.55% of the votes attached to all outstanding common shares with all resolutions passing with 100% approval. Terra is pleased to welcome [...]
Terra Balcanica Resources announces the enactment of a new legislative framework in Bosnia and Herzegovina positively impacting its mineral exploration concessions and provides an update on its flagship Viogor-Zanik polymetallic project. The Company has completed 205 m of exploration trenching at the newly discovered Brežani target while commencing an inaugural 3,500 m diamond drill program to test a series of high-grade [...]
Terra Balcanica Resources announces the execution of further voluntary escrow agreements with key strategic shareholders, engagement of an IR consultant, and grants stock options. In addition to the CSE and BCSC escrow provisions, the Company has executed further voluntary escrow agreements for an additional 5,430,625 shares with 12-month or 36-month release schedules from key strategic shareholders and close associates [...]
Terra Balcanica Resources Corp. is pleased to announce that it has received final approval to list its common shares on the CSE. The Common Shares will commence trading under the trading symbol “TERA” on June 20th, 2022. The Company is a mineral exploration company principally engaged in the exploration and development of its advanced exploration property located in eastern Bosnia and Herzegovina. The Company also seeks [...]