Terra Balcanica Resources Corp. · CSE:TERA
Terra Balcanica Resources — Investor Presentation (January 2023)
33 slides from Terra Balcanica Resources's investor presentation, January 2023
Slide 1: A Balkans Polymetallic Explorer: Growing Value Through Discovery in Eastern Europe
A Balkans Polymetallic Explorer: Growing Value Through Discovery in Eastern Europe (CSE: TERA; FSE: UB1) CORPORATE PRESENTATION January 2023
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: Overview
Overview EXPLORING BOSNIA (VIOGOR-ZANIK POLYMETALLIC PROJECT) Maiden 2,000 m drill program Assays being released (Q1 2023) 216 km2 of land tenure in the last underexplored jurisdiction of W. Tethyan Belt with polymetallic epithermal, skarn and porphyry mineralization adjacent to a 330 ktpa Pb-Zn-Ag-
Slide 4: Land Tenure
Land Tenure Belgrade • 346 km2 of combined land position in neighbouring Balkan jurisdictions of Bosnia-Herzegovina and Serbia; Viogor-Zanik Cu-Pb-Zn-Ag-Au Project • 90% owned, 216 km2 Viogor– Zanik polymetallic project in Sarajevo the eastern Bosnian Srebrenica Mining District; Ceovishte • 100% own
Slide 5: 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 6: 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 7: Viogor-Zanik Project (Bosnia-Herzegovina)
Viogor-Zanik Project (Bosnia-Herzegovina) • 3-licence, 216 km2 land package surrounds Mineco Ltd.’s 330 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 reserve estimate*; Volcaniclastics • Shallow epithermal vein-hosted Ore veins mineralization;
Slide 8: Čumavići Prospect
Čumavići Prospect • Shallow, high grade, intermediate sulfidation polymetallic Ag-Au-Pb- Zn-Sb vein system; • A 7.2 km, NW-SE structural corridor associated with a low magnetic response hosting altered zones of volcanics with occurrences of Pb, Zn and Fe sulphides Čumavići – NW vein system Joshe
Slide 9: Brezani Target
Brezani Target • 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-Bi-Zn anomaly; • Banded skarn outcro
Slide 10: 2022 Viogor-Zanik Maiden Drilling
2022 Viogor-Zanik Maiden Drilling Approximately 3,500 m in the Phase 1 drill program over two prospective targets Čumavići Prospect • Čumavići Ridge • Joševa Target Sase Mine (Pb-Zn-Ag) Brezani Target • Brežani Assays being released in Q3 2022 10
Slide 11: Čumavići Maiden Drill Program
Čumavići Maiden Drill Program • 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 465.5 g/t AgEq. over 8.7 m, including 1196.6 g/t AgEq. over 2.0 meters; • CMVDD004 and 005 step outs 50m to NW
Slide 12: Kaludra Project, SW Serbia
Kaludra Project, SW Serbia • Northerly extension of the world class Trepča Pb-Zn-Ag skarn deposit of northern Kosovo with historical production of 60.5 Mt @ 8% Pb+Zn and >158.7 Moz of Ag)* as well as the Rudnica Cu-Au porphyry district; • Eastern Kaludra zone features untested polymetallic, vein hos
Slide 13: Ceovishte Project, SW Serbia
Ceovishte Project, SW Serbia The Ceovishte Au target • Located in the historical 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*; • Historically prospected via shallow exploratory adits; • An
Slide 14: 2023 Exploration Program
2023 Exploration Program • Viogor-Zanik, Bosnia & Herzegovina: • 2022 2,000-m drill program (completed) • Phase II 7,000-meter diamond core drilling program in Q2, 2023 as divided by target: • 4,000m at the Cumavici Ag-Zn-Pb-Au-Sb target – mineral resource definition • 2,000m at the Brezani Au skarn
Slide 15: 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 16: 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 17: Management & Technical Team
Management & Technical Team Aleksandar (Alex) Mišković Ph.D., P.Geo. (Co-Founder, President & CEO) Alex is geoscientist with 21 years of experience in igneous geochemistry and regional metallogeny. A leader with a history of assembling and managing technical teams, Alex has rapidly delivered greenfi
Slide 18: 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 19: Capital Structure, Financing & Path Forward
Capital Structure, Financing & Path Forward Where Are We Now? Capital Structure & Share Ownership • Dually listed CSE (TERA) & FSE (UB1); Basic Shares 78,512,223 Options (@ C$0.20) 6,395,000 • C$5.46 million raised since October 2020 Options (@ C$0.10) 250,000 • 2021 private placements at $0.02, $0.
Slide 20: Global High Grade Silver Producers & Explorers
Global High Grade Silver Producers & Explorers Operational Jurisdiction Yukon Nevada British Columbia Alaska Mexico Bosnia & Mexico Mexico Bosnia & Canada USA Canada USA Serbia Serbia Recent High-Grade Intercepts (m) 11.1 4.6 30.1 9.1 11.4 30.9 7.3 1.9 8.7 Ag Eq. (g/t) 1,383** 211 414** 1,886 1,564
Slide 21: Contact Details
Aleksandar Mišković, P.Geo. CONTACT DETAILS President & CEO [email protected] +1 514 796 7577
Slide 22: Appendix I: Targeting
RESOURCES CORP. Appendix I: Targeting
Slide 23: 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 the past 12 months including: • Lithological and alteration mapping, stream and litho-geochemical
Slide 24: Viogor-Zanik Soil Survey Target Zones
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 mineralized s
Slide 25: Viogor-Zanik Airborne Geophysical Survey
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 Chumavichi Chumavichi extends to depth along the hanging wall of an inferred structure. Olovine Olov
Slide 26: Viogor-Zanik Integrated Structural Analysis
Viogor-Zanik Integrated Structural Analysis Chumavichi Target Olovine Target Brezani Target A4
Slide 27: Appendix II: Brezani Trenching & Drilling
Appendix II: Brezani Trenching & Drilling
Slide 28: Brezani Trenching
Brezani Trenching • Four trenches totalling 205 meters; • 86 two-meter composite samples over 172 meters of bedrock; • Targeting the Au-bearing intrusive-sedimentary contact; • Pervasively argillic altered volcanics, vuggy silica and sphalerite- chalcopyrite bearing calc-silicate hornfels; • Togethe
Slide 29: Brezani Drilling
Brezani Drilling • Two drillholes planned targeting the down-dip extension of the intrusive-sedimentary contact; • Program designed to test the large coincident magnetic- conductive signal at depth and centre of zoned surface geochemical anomalies. • SW dipping resistive body commences from surface,
Slide 30: Appendix III: 43-101 Technical Disclosure Details
Appendix III: 43-101 Technical Disclosure Details
Slide 31: 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 32: 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
Slide 33: Details on quoted resources, reserves, and production statistics (III)
Details on quoted resources, reserves, and production statistics (III) Kaludra Project – Disclosure of Exploration Information • A total of 262.5 m of trenching in five trenches was completed by previous operator Tethyan Resources in 2019 at the Kaludra Project. • Surface trench location, azimuth an
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