Terra Balcanica Resources Corp. · CSE:TERA
Terra Balcanica Resources — Investor Presentation (May 2024)
43 slides from Terra Balcanica Resources's investor presentation, May 2024
Slide 1: A Trans-Atlantic Critical Metals & Energy Explorer
A Trans-Atlantic Critical Metals & Energy Explorer: Growing Value Through Discovery in Europe & Canada (CSE: TERA; FRA: UB1) CORPORATE PRESENTATION May 2024
Slide 2: Forward Looking Statements
Forward Looking Statements From time to time, Terra Balcanica Resources Corp. will make written or oral forward-looking statements within the meaning of certain securities laws, including the safe harbour provisions of the United States Private Securities Litigation Reform Act of 1995 and any applic
Slide 3: Why Terra?
Why Terra? 168 km2 of land in Bosnia - the last underexplored European jurisdiction of Tethyan Belt adjacent to a 350 ktpa Pb-Zn-Ag-Au mine* Portfolio 81 km large, drill ready Ceovishte Au-Ag-Cu epithermal / porphyry target in Serbia 2 Cumavici: A 7.2 km long, shallow, high grade, silver dominated,
Slide 4: European Asset Portfolio
RESOURCES CORP. European Asset Portfolio
Slide 5: Land Tenure
Land Tenure • 249 km2 of land position in Bosnia-Herzegovina & Serbia; Belgrade EU • Bosnia: 90%* owned, 168 km2 Viogor–Zanik polymetallic project comprising: Viogor-Zanik • Cumavici: an up to 11 m thick, Cu-Pb-Zn-Ag-Au-Sb Project polymetallic vein grading 400- 800 g/t AgEq with 7.2 km of Sarajevo s
Slide 6: Flagship Viogor-Zanik Project (Bosnia-Herzegovina)
Flagship Viogor-Zanik Project (Bosnia-Herzegovina) • 2-licence, 168 km2 land package adjacent to Mineco Ltd.’s 350 ktpa Sase mine with 6.19 Mt @ 4.8% Pb, 5.8% Zn and 78 g/t Ag according to the 2016 Yugoslav-style GKZ reserves* with an estimated 5-year mine life Volcaniclastics remaining; • Shallow,
Slide 7: The Western Balkans: Untapped Exploration Potential
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 Exceptional Metal Endowment; • Global mining leaders including Rio Tinto, Freeport Mc
Slide 8: Favourable Jurisdictions
Favourable Jurisdictions • Southeastern European countries (EU member candidates) with extensive access to infrastructure (rail connections linking smelters with seaborn markets); • A winning combination: • millennia of mining history • world-class geology • highly skilled workforce • established mi
Slide 9: Cumavici High Grade Silver Discovery
Cumavici High Grade Silver Discovery
Slide 10: Cumavici Epithermal Trend
Cumavici Epithermal Trend • Shallow, high grade, intermediate sulfidation polymetallic Ag-Au-Pb- Zn-Sb vein system; • A semi-continuous 7.2 km, largely drill untested structural corridor associated with a low magnetic response hosted by altered volcanic tuffs and breccias with occurrences of Pb, Zn
Slide 11: 2022 Discovery Drillholes
2022 Discovery Drillholes The 2022 maiden drilling intercepted a silver-rich, polymetallic epithermal vein 3 consecutive times down dip: • CMVDD001 intercepted 824.2 g/t AgEq. over 4.0 m from 29 m of depth, including 1,634.4 g/t AgEq. over 2.0 meters; • CMVDD003, an 83-meter step-out intercepted 465
Slide 12: Delineating Along Strike Footprint
Delineating Along Strike Footprint In 2023, 800 m of the Phase II drilling was executed at various locations on the Cumavici Ridge so that: Strike length of IS epithermal mineralization is expanded by over 600 m toward NW; Mineralization maintains a shallow vein-hosted character (7-80 m) and con
Slide 13: Cumavici Mineralized Footprint Grows
Cumavici Mineralized Footprint Grows • Consistent high Ag Eq. grades and vein thickness intercepts • Over 120 m of along-strike vein extent defined to date, with a further vein interval > 600 m NW along strike Cumavici Drillhole From (m) To (m) Intercept (m) Au (g/t) Ag (g/t) Zn (%) Pb (%) Sb (%) Ag
Slide 14: Brezani Gold Skarn & Porphyry Target
Brezani Gold Skarn & Porphyry Target
Slide 15: Brezani Target: A Skarn-Epithermal-Porphyry System
Brezani Target: A Skarn-Epithermal-Porphyry System • Porphyry/skarn target ~5 km SE of the Olovine porphyry target; • Similar geophysical signature to the 2.1 Moz Au Eq. Rogozna Au-Cu skarn project in SW Serbia*; • Superimposed 1.2 km wide mag. and EM anomalies; • >700 meters strike of a surface Au-
Slide 16: 2023 Phase II Drilling
2023 Phase II Drilling • The 2022 maiden drillhole intercepted 0.61 g/t AuEq over 88 m from surface with drilling finalized in August 2023; • 600 m length Au skarn footprint on surface; • Additional 1,000 m of drilling conducted in 2023; • The porphyry target is a > 600 m wide conductivity-magnetic
Slide 17: Ceovishte High Grade Au & Porphyry Target
Ceovishte High Grade Au & Porphyry Target • Located in the historical The Ceovishte Au target Rashka Au-Cu-Pb-Zn-Ag District: north extension of the world-class Trepča Pb-Zn skarn deposit; • Ceovishte Au target features gold grades with up to 64 g/t*; • An anastomosing system of NNE-dipping qtz. and
Slide 18: Canadian Portfolio
RESOURCES CORP. Canadian Portfolio
Slide 19: Athabasca Basin, SK, Canada
Athabasca Basin, SK, Canada >596 sq km of terrain divided into 4 licences focused on: • NE-SW structures; Home to some of the largest and highest- • along trend with historic uranium mines; grade uranium deposits in the world 1 • proximal to projects attracting significant investment: Arrow discov
Slide 20: Geological Model: Target U Mineralization
Geological Model: Target U Mineralization Beaverlodge Style Basement-Hosted Unconformity Hosted • Vein-hosted, near-surface • Structurally-controlled w. high-grade • High-grade deposits • Granite structures mineralization in crystalline basement • Primary source • Magnetic and radiometric • Close to
Slide 21: Optioned Uranium Portfolio
Optioned Uranium Portfolio Charlot-Neely 16,372 ha Fontaine Lake 5,987 ha • Structure: Black Bay Fault • Structure: Grease River Fault • Historic mines 14 within 10km of the • Mineralisation upto 1.4% Uranium Black Bay fault. • Nearby significant earn-in agreements • Mineralisation upto 6.2% Uranium
Slide 22: Charlot – Neely: Highlights
Charlot – Neely: Highlights • Location: associated with at least 14 past producing mines within 10 km radius; • 160 km2 covers 20 km of the Black Bay Fault with a corridor of over 16 km of historic EM conductors; • Significant option deals completed along structure. Uranium City 22
Slide 23: Fontaine & Snowbird: Highlights
Fontaine & Snowbird: Highlights • Location: straddles the Grease River Shear Zone and sub faults as well as the Snowbird Tectonic Zone; • CanAlaska completed minimal program at Fontaine Lake in 2008 with further work recommended; • The Black Lake Shear Zone can be traced for 200 km across the Athaba
Slide 24: Athabasca Staking Rush
Athabasca Staking Rush Aggressive staking by: Atha Energy, Skyharbour Resources, Standard Uranium, Canalaska Uranium, Purepoint Uranium Group, ISO Energy and Eagle Plains Resources. Adjacent to Charlot-Neeley • Aero Energy Ltd. active along the Black Bay fault with Charlot Neeley on trend; • Standar
Slide 25: Capital Structure & Path Forward
Capital Structure & Path Forward
Slide 26: Capital Structure, Financing & Path Forward
Capital Structure, Financing & Path Forward Where Are We Now? Capital Structure & Share Ownership • Dually listed on CSE (TERA) & FSE (UB1); Common Shares I/O 33,524,851 • C$6.7 million raised since October 2020; Options (@ C$0.60) exp. in 2024 83,333 Options (@ C$0.30) exp. in 2024 83,333 Warrants
Slide 27: Board & Management Strength
RESOURCES CORP. Board & Management Strength
Slide 28: Board of Directors
Board of Directors Giulio Bonifacio CPA (Non-Executive Chairman) Mr. Bonifacio has over 30 years of experience in senior executive roles in the mining industry in both the base and precious metals sectors. Giulio was the Founder, President, Chief Executive Officer and Director of Nevada Copper from
Slide 29: Management
Management Aleksandar (Alex) Mišković Ph.D., P.Geo. (Co-Founder, President & CEO) Alex is geoscientist with 22 years of experience in igneous geochemistry and regional metallogeny. A leader with a history of assembling and managing technical teams, Alex has rapidly delivered greenfield targets and e
Slide 30: Compelling Value
RESOURCES CORP. Compelling Value
Slide 31: Global Silver Explorers: A Comparison
Global Silver Explorers: A Comparison Operational Jurisdiction Nevada BC Bosnia & Bosnia & Mexico Peru Argentina Columbia Mexico USA Canada Serbia Serbia Ag Eq. (g/t)* 256 370 131 614 446 300 437 532 509 Resource (Mt) 7.5 1.38 0.86 51.3 1.22 2.98 3.42 Indicated 18.3 Inferred M&I M&I Indicated Inferr
Slide 32: Bosnian Case Study: Adriatic Metals plc.
Bosnian Case Study: Adriatic Metals plc. • Adriatic Metals plc. is a positive case study on the rapid project development timelines in Bosnia & Herzegovina; • It took only 4.5 years from initial company listing and exploration through permitting and now construction of a mine to extract a 9.5 Mt @ 5
Slide 33: Contact Details
Aleksandar Mišković, P.Geo. CONTACT DETAILS President & CEO [email protected] +1 514 796 7577
Slide 34: Appendix I: Targeting
RESOURCES CORP. Appendix I: Targeting
Slide 35: Western Tethyan: Tier 1 Porphyry & Epithermal Belt
Western Tethyan: Tier 1 Porphyry & Epithermal Belt The W. Tethyan Metallogenic Belt Recsk features clusters of world-class Rosia Montana deposits: Terra • Čukaru Peki* (Serbia) - 1.7 Bt inferred Majdanpek Balcanica resource grading 0.86% Cu and 0.18 Cukaru Peki / Bor g/t Au with 9.6 Moz Au (total El
Slide 36: Viogor-Zanik Drill Targeting (2020-2021)
Viogor-Zanik Drill Targeting (2020-2021) The Viogor-Zanik Project target definition worklist (C$1,800,000 prior to CSE listing) All upfront geology work has been completed by private fundraising during 2020-2021 including: • Lithological and alteration mapping, stream and litho-geochemical sampling
Slide 37: Targeting I: Olovine Licence Stream Sediment Survey
Targeting I: Olovine Licence Stream Sediment Survey A3
Slide 38: Targeting II: Viogor-Zanik Soil Survey Target Zones
Targeting II: Viogor-Zanik Soil Survey Target Zones Cu+Sn (higher-T proximal porphyry association) Mn+Zn (distal porphyry/shallow epithermal association) • 1,650 soil samples taken on a 250 x 250m grid over 133 km2 with 125 m- infill surveys over key anomalies; • Path-finder elements confirm a zoned
Slide 39: Targeting III: Viogor-Zanik Airborne Geophysical Survey
Targeting III: Viogor-Zanik Airborne Geophysical Survey Granodiorite with a resistive, structurally controlled feature shouldering a 1.2 km wide super high mag anomaly. Resistive ground below known Au-Ag occurrence Cumavici Cumavici extends to depth along the hanging wall of an inferred structure. O
Slide 40: Viogor-Zanik Integrated Structural Analysis
Viogor-Zanik Integrated Structural Analysis Cumavici Target Olovine Target Brezani Target A6
Slide 41: Appendix II: 43-101 Technical Disclosure Details
Appendix II: 43-101 Technical Disclosure Details
Slide 42: Details on quoted resources, reserves, and production statistics (I)
Details on quoted resources, reserves, and production statistics (I) Slide 5 – The Čukaru Peki SRK Inferred Mineral Resource Statement as of June 2018 for the Lower Zone of the Čukaru Peki Deposit. Page 19 of NI 43- 101 report found at https://www.sec.gov/Archives/edgar/data/919991/00014723751800009
Slide 43: Details on quoted resources, reserves, and production statistics (II)
Details on quoted resources, reserves, and production statistics (II) Slide 9 - 2.15 Moz Au Eq. JORC compliant inferred mineral resource released 1 November 2021 by Zlatna Reka Resources for the Shanac and Copper Canyon deposits, Rogozna project. No reserves are calculated. Estimate generated from 6
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