balamara acquires advanced zinc-silver project

BALAMARA ACQUIRES ADVANCED ZINC-SILVER PROJECT
IN BOSNIA-HERZEGOVINA
Central European base metal consolidation strategy rapidly gathering momentum
Key Points
• Balamara acquires advanced Varesh Zinc-Silver Project in Bosnia-Herzegovina.
• Total consideration ~$3.4M in cash and scrip.
• Varesh previously in production with extensive drilling data available.
• Location just 30km from capital city Sarajevo, close to existing infrastructure.
• Historic drilling data supports exploration target similar to the Monty Project