| Risk and valuation analysis of the TRUN Project |
| Status Risk : Brown exploration |
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| Title(s) of the TRUN Project |
 | Teck Resources Limited
Option on interest: 55% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Teck Cominco Limited (“Teck Cominco”) has the option to earn a 55% interest in the Trun property by spending
C$3 million over 4 years. Upon Teck Cominco earning its initial 55% interest, it has the option to increase its
interest to 70% by spending an additional C$10 million on the property. |
 | Euromax Resources |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Location of the TRUN Project |
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The Trun property is located approximately 50 kilometres from Sofia. The property is readily accessible by road, about two hours driving time from Sophia, the capital city. The project is at about 750 and 1,300 metres above sea level, within a ran more...
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| History of the TRUN Project |
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Zlata, active in 1939-1973 with a reported total production of 0.717Mt of 5.97g/t gold from a series of small open pits and extensive underground operations;
Krushov Dol open pit, active in 1965-1974 with a reported total production of 0.590Mt of 1.77g/t gold and 14.43g/t silver
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| Geology of the TRUN Project |
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The Trunsko Kraishte area is tectonically complex with rocks ranging in age from the Proterozoic to Palaeogene. Trun is dominated by a regional anticline which is cored by metamorphosed Precambrian biotite gneiss, schist and amphibolites overlain by more...
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