Yugo Metals
Yugo Metals

About Yugo Metals

Unlocking Critical Metals in the Heart of Europe

Yugo Metals owns 100% of three exploration projects comprising five tenements in Bosnia and Herzegovina, on the doorstep of the European Union. Our projects have a history of high-grade mineral discovery and are prospective for gold, antimony, nickel, copper, and cobalt - essential metals for the energy transition and European supply security.

ASX: YUG

Listed Company

5

Tenements

100%

Ownership

75+

Years Combined Experience

The Opportunity

Why the Balkans?

Bosnia and Herzegovina sits at the geological crossroads of Europe — a region where tectonic forces have concentrated gold, antimony, nickel, and copper deposits over hundreds of millions of years. The Balkans is one of the world's oldest mining regions, with activity dating back to Roman times, yet modern systematic exploration has barely scratched the surface.

When Yugo Metals' founders studied the region, they saw what few others had recognised: a vast, mineral-rich terrain on the doorstep of the European Union, explored only sporadically during the Yugoslav era and never subjected to the modern techniques that have unlocked major discoveries elsewhere.

Bosnia and Herzegovina landscape showing the geological terrain of the Balkans

The Approach

Modern Science, Historic Ground

Yugo Metals applies systematic, data-driven exploration methodology to terrain that has never seen it before. Our technical team combines satellite imagery analysis, geochemical sampling, geophysical surveys, and targeted diamond drilling to build comprehensive geological models of each project area.

This approach — applying modern techniques to historically productive but underexplored ground — is how major discoveries are made. The region boasts excellent existing infrastructure, a highly skilled workforce with deep mining expertise, and a supportive regulatory environment.

Active exploration site showing modern mining equipment and techniques

The Vision

Building Towards Discovery

Our goal is clear: discover and define significant mineral resources that position Yugo Metals as a key player in Europe's critical metals supply chain. With the EU increasingly focused on securing domestic mineral supplies for the energy transition, the strategic value of our portfolio grows every year.

Five projects, 100% owned, in an EU accession state. Each targeting metals essential to the global energy transition — gold, antimony, nickel, and copper. This is exploration at the right time, in the right place, with the right team.

Panoramic view of Bosnia and Herzegovina's mineral-rich landscape

5

Exploration Tenements

190km² — 100% Owned

75+

Years Combined Experience

Board & Management

EU

Accession State

Strategic Location

Au, Sb, Ni, Cu

Target Commodities

Critical Metals

3+

Years Operating

Since Listing

BiH

Country of Operations

Bosnia & Herzegovina

Leadership

Board of Directors

Our board brings together decades of combined experience in mining exploration, corporate governance, and capital markets. Their leadership guides Yugo Metals' strategic direction and commitment to delivering value to shareholders.

David Wheeler — Non-Executive Chairman

David Wheeler

Non-Executive Chairman

Over 30 years of Senior Executive Management, Directorships, and Corporate Advisory. Fellow of the Australian Institute of Company Directors.

Petar Tomasevic — Chief Executive Officer

Petar Tomasevic

Chief Executive Officer

Multilingual leader specializing in future metals, mineral acquisition, and asset implementation. Prior Director at Fenix Resources Ltd (ASX: FEX).

Mihajlo Matkovic — Non-Executive Director

Mihajlo Matkovic

Non-Executive Director

10+ years at multinational law firm in London. Focus on Banking & Finance, Projects & Energy across Western Balkans.

Craig McNab — Company Secretary

Craig McNab

Company Secretary

15+ years in resource industry and accounting. Qualified auditor at PricewaterhouseCoopers, senior roles at De Beers Group and Anglo American plc.

Mladen Stevanovic — Geological Consultant

Mladen Stevanovic

Geological Consultant

20+ years across precious and base metals. Competent Person for ASX reporting. Led exploration teams with significant discoveries.

Our Commitment

Responsible Exploration

Operating responsibly is not optional — it's fundamental to who we are and how we build lasting value for all stakeholders.

Environmental Stewardship

Minimising our environmental footprint through responsible exploration practices, rehabilitation of disturbed areas, and ongoing monitoring. Our exploration methodology prioritises minimal-impact techniques.

Community Engagement

Building genuine relationships with local communities in Bosnia and Herzegovina. We prioritise local employment, open stakeholder consultation, and contributing to regional economic development.

Corporate Governance

Adhering to the ASX Corporate Governance Council's Principles and Recommendations. Transparent reporting, board independence, and ethical conduct underpin everything we do.

Our Journey

Company Milestones

2021

Company Founded

Yugo Metals incorporated with the vision of unlocking critical metals potential in Bosnia and Herzegovina.

2022

Project Acquisition

Secured 100% ownership of five high-potential exploration projects across the Republic of Srpska.

2023

ASX Listing

Successfully listed on the Australian Securities Exchange (ASX: YUG), raising initial capital for exploration programs.

2024

Exploration Programs Commence

Initiated systematic exploration across all five projects, including geochemical sampling and geophysical surveys.

2025

Drilling & Results

Advanced exploration with targeted diamond drilling programs and ongoing field activities at priority targets.

2026

Expanding the Portfolio

Continuing exploration momentum with expanded drilling programs and resource definition activities.

Important Information

Forward-Looking Statements: This page may contain forward-looking statements regarding Yugo Metals Limited (ASX: YUG). These statements involve known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially from those expressed or implied. Forward-looking statements are based on assumptions and contingencies which are subject to change without notice. Yugo Metals does not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date of this page.

Not Financial Advice: The information provided on this page is for general informational purposes only and does not constitute financial, investment, or professional advice by Yugo Metals Ltd, its directors, or its officers. Before making any investment decision, you should seek independent financial, legal, and taxation advice from a qualified professional.