Balkan Resources (private) - exploration junior with sharp focus on Albanian

Comment by Objective Capital , Oct 08, 2008 download full report
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Balkan Resources Inc is an emerging Canadian-based junior exploration company with a sharp focus on Albania. The currently unlisted company is going public through a reverse-takeover of Tajac Capital Inc, a TSX Venture Exchange “Capital Pool Company”. Upon completion of the transaction and a concurrent public offering, Tajac will be renamed Balkan Resources Inc.

Objective's view:

Balkan was founded in 2007 to explore and develop several mineral prospects in Albania, which remains one of the few remaining major underexplored regions in the world. The company currently holds licences covering four properties with known metal deposits, and five copper-rich tailings deposits.

Balkan is planning aggressive exploration programmes on its key properties over the next year. The company’s strategy is to combine the benefits of local expertise with modern technology to give its promising projects an effective assessment.

The Perlati licence ranks first amongst Balkan’s priority projects
The Perlati project is located near Burrel and lies about fifty kilometres north of Tirana, the capital of Albania, in the northern part of the country. Perlati lies in a known copper district and it is surrounded by the Mirdita project, which is currently yielding promising assays of zinc, copper and gold for Tirex Resources Ltd.

For our full profile please visit: http://reports.objectivecapital.com/ocreports/objective-balkan-oct08.pdf

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