Core Viewpoint - Terra Balcanica Resources Corp. has announced high-grade assay results from its Phase III drill campaign at the Cumavici Ridge polymetallic target, indicating significant mineralization potential in the Viogor-Zanik project in Bosnia and Herzegovina [1][3]. Group 1: Drill Results - Drillhole CMV25005 intersected 607 g/t Ag Eq over 3.0 m, including 842 g/t Ag Eq over 1.7 m with 3.05% Sb [4]. - Drillhole CMV25006 intersected 670 g/t Ag Eq over 3.9 m, including 2115 g/t Ag Eq over 1.0 m with 9.58% Sb [4]. - Additional step-out drillholes reported 636 g/t Ag Eq over 4.3 m and 326 g/t Ag Eq over 10 m, confirming the continuity of high-grade mineralization at Cumavici Ridge [4]. Group 2: Geological Context - The Cumavici Ridge target is characterized by volcanic rocks and is part of a larger epithermal mineral system, with mineralization dominated by silver and antimony [8][9]. - The mineralization includes massive sulphides and is associated with a series of underexplored polymetallic veins, indicating a regional NW-SE trending epithermal system [5][9]. Group 3: Future Exploration Plans - The company plans to drill test the linkage to the neighboring Cumavici Crest target, potentially extending mineralization to over 650 m along strike [3]. - In 2026, the company aims to drill the previously untested Cumurnica target located 1.5 km southwest of Cumavici Ridge [3]. Group 4: Company Overview - Terra Balcanica is focused on exploring large-scale mineral systems in the Balkans and northern Saskatchewan, Canada, with a 90% interest in the Viogor-Zanik Project [12][14]. - The company emphasizes responsible engagement with local communities and sustainable practices in its operations [14].
Terra Balcanica Intercepts 607 g/t Ag Eq. Over 3.0 m and 670 g/t Ag Eq. Over 3.9 m At Cumavici in Bosnia and Herzegovina
Globenewswire·2026-03-17 19:15