Terra Balcanica Completes 1200 m of Phase III Drilling at Silver-Antimony Targets in Bosnia and Herzegovina
Globenewswire·2025-12-12 17:37

Core Insights - Terra Balcanica Resources Corp. has completed the first stage of its 2,100 m Phase III drilling program at the Brezani and Chumavichi targets within the Viogor-Zanik project in Bosnia and Herzegovina [1][3] Phase III Drilling - The 2025 drilling program aims to follow up on previously discovered high-grade polymetallic mineralizations at Brezani and Chumavichi, enhancing geological knowledge at these locations [4] - The drilling campaign faced technical challenges but achieved over 94% average core recovery [7] Brezani Target - Initial drilling at Brezani revealed 88 m from surface of 0.61 g/t AuEq, remaining open along an 850 m long gold in soil anomaly [5] - Deeper drilling discovered an epithermal system, returning 19.6 m at 436 g/t AgEq, indicating numerous epithermal structures trending towards the surface [5][8] Chumavichi Target - The Chumavichi target has confirmed at least three separate vein systems, with previous drilling returning grades of 824.2 g/t AgEq over 4 m, 505.3 g/t AgEq over 11 m, and 284 g/t AgEq over 10 m [6] - The 2025 drilling at Chumavichi encountered similar sulphides to previously reported drillholes, indicating further exploration potential [6] Future Plans - The company plans to test the main Ag-Sb-Zn-As-Bi soil anomaly with additional drillholes and continue exploration at the Chumavichi system [3] - Phase III operations are set to resume in January 2026 after laboratory assays are released [3] Company Overview - Terra Balcanica is focused on polymetallic and energy metals exploration in the Balkans and northern Saskatchewan, Canada, holding a 90% interest in the Viogor-Zanik Project [10] - The company emphasizes responsible engagement with local communities and is committed to sustainable practices [10]