Core Insights - Terra Balcanica Resources Corp. has announced high-grade assay results from its Phase III drill campaign at the Cumavici Ridge polymetallic target within the Viogor-Zanik project in Bosnia and Herzegovina, indicating significant mineralization potential [1][3]. Summary by Sections 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] Mineralization Characteristics - The mineralization at Cumavici Ridge is characterized by high-grade, massive sulphides, primarily silver-antimony rich, and includes sphalerite and galena [5][9] - The mineralized intervals are part of a regional NW-SE trending epithermal system, with other targets including Cumurnica, Joseva, and Seoce [5][9] Geological Context - The Cumavici license area is dominated by volcanic rocks and is part of a larger epithermal mineral system, with mineralization being silver and antimony dominant, along with gold, lead, and zinc [8][9] - The drilling has confirmed three polymetallic systems so far, with additional targets remaining to be drilled [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 [12][14] - The company emphasizes responsible engagement with local communities and adherence to sustainable practices [14]
Terra Balcanica Intercepts 607 g/t Ag Eq. Over 3.0 m and 670 g/t Ag Eq.
Globenewswire·2026-03-17 19:15