Balamara Resources

Balamara Resources is embarking on a new company strategy to take on opportunities in Central Europe, using the network and experience of its directors. The area offers the Company low entry cost into brownfield resource assets with existing extensive data and infrastucture.

The Company is already developing the Monty project, a previous mining site with a JORC resource, and has also acquired the Bogdan project situated next to Europe's largest copper producer, KGHM.

Balamara Resources will be looking to advance Monty to production in the medium term, continue with a full programme of exploration at Bogdan and augment its portfolio with further projects in the region.