Core Viewpoint - Terra Balcanica Resources Corp. has announced an expansion of the surface gold skarn system at Brezani and the initiation of the Phase III drill program at its Viogor-Zanik project in Bosnia and Herzegovina [1][3]. Summary by Sections Drill Results - The maiden drillhole BREDD002 intercepted 0.61 g/t AuEq over 88.0 m from surface [3]. - Drillhole BRE23001 intercepted 0.27 g/t Au over 72.3 m, including 0.62 g/t Au over 7.5 m [6]. - Drillhole BRE23002 intercepted 1.51% Zn over 6 m, including 0.54% Sb over 1.65 m and 0.6 g/t Au over 2.85 m [6]. - Drillhole BRE23003 encountered 0.19% Sb over 2.0 m and 0.6 g/t Au over 2.85 m [6]. - Drillhole BRE23004 intercepted 0.62 g/t Au over 11.8 m, including 1.03 g/t Au over 6.65 m [6]. Phase III Drilling - The 2025 drill program follows the discovery made by drill hole BREDD002, which intercepted approximately 20 m of mineralization grading upwards of 436 g/t Ag Eq [21][22]. - The lateral extent of the conductor interpreted as Sb-Ag-Zn mineralization is 1.2 km long, up to 600 m wide, and 20 m thick [23]. - A total of 2,100 m of drilling is planned, with the first diamond drill hole expected to be completed by the end of August 2025 [23]. Company Overview - Terra Balcanica is focused on polymetallic and energy metals exploration, targeting large-scale mineral systems in the Balkans and northern Saskatchewan, Canada [29]. - The company holds a 90% interest in the Viogor-Zanik Project in eastern Bosnia and Herzegovina [29].
Terra Balcanica Intersects Gold Mineralization Over 72 m and Starts Drill Program At Brezani Target in Bosnia
Globenewswireยท2025-08-18 18:25