May 13, 2024 — In a recent interview with Tracy Weslosky of InvestorNews, Aleksandar (Alex) Mišković, President, CEO and Director of Terra Balcanica Resources Corp. (CSE: TERA), detailed the company’s exploration activities and strategic positioning in the Balkans and Canada. Terra Balcanica, an exploration company for precious and base metals, is notably active in southeastern Europe, particularly in Serbia and Bosnia. Mišković highlighted the company’s acquisition of a significant land package near the Athabasca Basin in Canada, aimed at exploring uranium. “Terra Balcanica is a precious metal and base metal explorer in Southeastern Europe, strategically positioned at the footsteps of the European Union, a continent that’s badly starved for resources,” Mišković stated. The company’s exploration efforts in Bosnia have yielded “spectacular high grade silver results,” with recent drilling reaching approximately 3,500 meters, particularly around the Chumavichi target where high-grade epithermal veins have been identified.
Mišković also elaborated on the company’s operational strategies and community engagement in the Balkans, emphasizing Terra Balcanica’s strong local relationships and supportive governmental interactions. He described the regions of Serbia and Bosnia as mining-friendly with beneficial tax and royalty rates, which enhance the attractiveness for mineral exploration and development. Mišković further discussed the new opportunities in Canada, describing a strategic acquisition of uranium-focused licenses. “For what is certainly an energy metal that is currently sought after, in a very well-established world-class district, such as Athabasca Basin that is currently experiencing a staking rush,” he explained. This move aligns with the company’s ambition to diversify and strengthen its portfolio while continuing robust exploration activities in Eastern Europe.
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About Terra Balcanica Resources Corp.
Terra Balcanica is a polymetallic and energy metals exploration company targeting large-scale mineral systems in the Balkans of southeastern Europe and northern Saskatchewan, Canada. The Company has 90% interest in the Viogor-Zanik Project in eastern Bosnia and Herzegovina and owns 100% of the Ceovishte mineral exploration licence in southern Serbia. The Canadian assets comprise a 100% optioned portfolio of uranium-prospective licences at the outskirts of the world-renowned Athabasca basin: Charlot-Neely Lake, Fontaine Lake, Snowbird South Pendleton. The Company emphasizes responsible engagement with local communities and stakeholders. It is committed to proactively implementing Good International Industry Practice (GIIP) and sustainable health, safety, and environmental management.
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This interview, which was produced by InvestorNews Inc. (“InvestorNews”), does not contain, nor does it purport to contain, a summary of all material information concerning the Company, including important disclosure and risk factors associated with the Company, its business and an investment in its securities. InvestorNews offers no representations or warranties that any of the information contained in this interview is accurate or complete.
This interview and any transcriptions or reproductions thereof (collectively, this “presentation”) does not constitute, or form part of, any offer or invitation to sell or issue, or any solicitation of any offer to subscribe for or purchase any securities in the Company. The information in this presentation is provided for informational purposes only and may be subject to updating, completion or revision, and except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any information herein. This presentation may contain “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking statements are based on the opinions and assumptions of the management of the Company as of the date made. They are inherently susceptible to uncertainty and other factors that could cause actual events/results to differ materially from these forward-looking statements. Additional risks and uncertainties, including those that the Company does not know about now or that it currently deems immaterial, may also adversely affect the Company’s business or any investment therein.
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