Terra Balcanica Intersects 1,168 g/t Silver Equivalent Over 1.35 Metres In First Hole Under 2023 Program

FULL DISCLOSURE: This is sponsored content for Terra Balcanica.

The first results are out from a recently completed drill program conducted by Terra Balcanica Resources (CSE: TERA) at its Viogor-Zanik project in Bosnia and Herzegovina.

The results come from a phase two program that saw 2,000 metres of drilling conducted across a total of 17 drill holes. Of the seventeen holes conducted, twelve were focused at the Cumavici polymetallic silver-lead-zinc target, where results were released today from.

Highlights from the results include:

  • CMV23004: 1,168 g/t silver equivalent over 1.35 metres, consisting of 452 g/t silver, 3.49 g/t gold, 2.14% lead, 1.98% antimony, and 3.36% zinc.
  • CMV23007: 531 g/t silver equivalent over 0.75 metres, consisting of 31 g/t silver, 0.17 g/t gold, 0.15% lead, 2.95% antimony, and 0.72% zinc.
  • CMV23009: 355 g/t silver equivalent over 1.10 metres, including 88 g/t silver, 0.26 g/t gold, 0.19% lead, 1.17% antimony, and 2.03% zinc

The latter two holes reported represent a 600 metre step out to the north of the Cumavici Ridge target, while CMV23004 added 50 metres of strike length to the southeast of hole CMV22002, which was conducted under a 2022 drill program. That hole saw assays of 816.1 g/t silver equivalent over 2.0 metres.

READ: Terra Balcanica Completes 2,000 Metre Drill Program At Viogor-Zanik

“It is very exciting to continue proving up high grade silver-dominated mineralization this close to surface. The CMV23004 drillhole now confirms over 100 m of continuous high-grade mineralization at the centre of the Cumavici Ridge target. Moreover, the newly detected mineralized structure over half a kilometer to northwest speaks to the lateral extent of this prospect and provides plenty of opportunity for infill drilling to delineate its full scale, width, and grade,” commented CEO Aleksandar Miskovic.

Terra Balcanica Resources last traded at $0.055 on the CSE.

FULL DISCLOSURE: Terra Balcanica Resources is a client of Canacom Group, the parent company of The Deep Dive. Canacom Group is currently long the equity of Terra Balcanica Resources. The author has been compensated to cover Terra Balcanica Resources on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

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