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 Insights - Terra Balcanica Resources Corp. announced initial high-grade assay results from the Phase III drill campaign at the Cumavici Ridge epithermal vein zone within its Viogor-Zanik project 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 [4] - The mineralization remains open to the northwest and down-dip to the southwest, with further assays expected soon [4] Drilling Highlights - 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 drilling include: - 505 g/t Ag Eq. over 11 m (CMVDD004) - 824.2 g/t Ag Eq. over 4 m (CMVDD001) - 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 sulphide mineralization observed [5][9] - The geological setting includes volcanic rocks and is part of a large epithermal mineral system, dominated by silver and antimony, with additional gold, lead, and zinc [8][9] 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 [14] - The company emphasizes responsible engagement with local communities and adherence to sustainable practices [14]

TERRA BALCANICA DRILLS 102 G/T AG EQ OVER 2.55 M AT CUMAVICI RIDGE AND EXTEND MINERALIZED FOOTPRINT IN BOSNIA AND HERZEGOVINA - Reportify