TERRA BALCANICA DRILLS 102 G/T AG EQ OVER 2.55 M AT CUMAVICI RIDGE AND EXTEND MINERALIZED FOOTPRINT IN BOSNIA AND HERZEGOVINA
Globenewswire·2026-01-14 21:01

Core Viewpoint - Terra Balcanica Resources Corp. has announced promising initial high-grade assay results from its Phase III drill campaign at the Cumavici Ridge epithermal vein zone, indicating significant potential for silver and base metal mineralization in Bosnia and Herzegovina [1][3]. Summary by Sections Assay Results - Drillhole CMV25001 intersected 102 g/t Ag Eq. over 2.55 m within a broader zone of 64 g/t Ag Eq. over 4.7 m from 66 m depth, including a 0.4 m wide epithermal mineralized zone with 453 g/t Ag Eq. over 0.4 m [4]. - The strike length of the mineralization has been extended to 95 m from previous drillhole CMV23004, which returned 1168 g/t Ag Eq. over 1.35 m [4]. - Additional highlights from further drilling include 505 g/t Ag Eq. over 11 m (CMVDD004), 824.2 g/t Ag Eq. over 4 m (CMVDD001), and 284 g/t Ag Eq. over 10 m (CMVDD005) [4]. Geological Observations - The mineralization zone from 64 m to 73 m is characterized by a fault-hosted hydrothermal breccia, with significant presence of massive sulphides including sphalerite, galena, stibnite, and pyrite [5]. - The mineralization remains open to the northwest and down-dip to the southwest, indicating further exploration potential [4]. Company Overview - Terra Balcanica is focused on exploring large-scale mineral systems in the Balkans and northern Saskatchewan, Canada, holding a 90% interest in the Viogor-Zanik Project in Bosnia and Herzegovina [15]. - The company emphasizes responsible engagement with local communities and is committed to sustainable health, safety, and environmental management practices [15].