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 [...]
Terra Balcanica Resources Corp. is pleased to announce positive assay results from surface rock chip and soil sampling at its 80.4 km2 Ceovishte license in southern Serbia and closing of the 1st tranche of the previously announced non-brokered private placement financing of units for gross proceeds of $404,650 . Highlights Surface rock sample include concentrations as high as 53.5 g/t Au, 78.6 g/t Ag and 2.47 % Cu with up [...]
Terra Balcanica Resources Corp. is pleased to announce, positive step-out drill hole observations at the high-grade, Cumavici Ridge polymetallic epithermal vein target within its principal Viogor-Zanik project in Bosnia and Herzegovina. Highlights Polymetallic epithermal mineralization has been intercepted in the first 4 step-out drillholes of the 2023 Phase II program at Cumavici Ridge ; A successful 42-m southeast step [...]
Terra Balcanica Resources Corp. is pleased to announce the start of the Phase II drill campaign at its primary Viogor-Zanik project in eastern Bosnia and Herzegovina by separately targeting high-grade, epithermal, vein hosted, silver dominated mineralization as well as a wide diameter, gold skarn/porphyry system, respectively . Phase II Drilling Program At the Cumavici target, Terra will test the along strike and down dip [...]
Terra Balcanica Resources Corp. is pleased to announce further, high-grade drill results including step-out drillholes at Cumavici Ridge and a new discovery at the Josheva target extending mineralization at the Cumavici Corridor over 2.3 km to the southeast within its flagship, 216 km2 Viogor-Zanik project in Bosnia and Herzegovina. Highlights Highest Grades Intercepted To Date: Drillhole CMVDD004 returned 505.3 g/t AgEq [...]
Terra Balcanica Resources Corp. is pleased to announce additional, positive step-out drill results at the high-grade polymetallic Cumavici Ridge epithermal target within its flagship, 216 km2 Viogor-Zanik project, Bosnia and Herzegovina. Highlights High grade +50 m step out: Drillhole CMVDD005 returned 284 g/t AgEq over 10.0 m including 895.8 g/t AgEq over 2.0 m approximately 50 m west-northwest of CMVDD002; Previously [...]
Terra Balcanica Resources Corp. is pleased to announce the discovery of a gold bearing system at Brezani within its 90% owned Viogor-Zanik project, Bosnia and Herzegovina. Highlights Another Viogor-Zanik discovery: the Brezani target maiden drillholes intercepted 0.61 g/t AuEq over 88.0 m and 0.58 g/t AuEq over 28.6 m ; both drillholes encountered gold mineralization from surface confirming the extension of the 32 m at [...]
Terra Balcanica Resources Corp. is pleased to confirm that step-out drilling has extended the massive, polymetallic sulphide vein system at the Cumavici Ridge target located within its 90% owned Viogor-Zanik project, Bosnia and Herzegovina. Highlights Two shallow intervals from drillholes CMVDD004 and CMVDD005 reveal visible massive sulphides of 10 m and 11 m in thickness respectively ; the system remains open down dip [...]
Terra Balcanica Resources is pleased to announce that it became dually listed issuer on the Frankfurt Stock Exchange as of the 23rd of Dec 2022. Frankfurt Stock Exchange Listing Terra has become a dual-listed company by commencing trading on the Frankfurt Stock Exchange under the code "UB1". The FSE listing enlarges the Company's investor reach and increases its exposure to European markets at a crucial time in its [...]
Terra Balcanica Resources is pleased to announce that it has closed its previously announced non-brokered private placement financing of units for gross proceed of $500,000. The Company issued an aggregate of 5,000,000 Units at a price of $0.10 per Unit pursuant to the Offering. Each Unit consists of one common share in the capital of the Company and one Common Share purchase warrant . Each Warrant entitles the holder to [...]
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