Announcement Date: 2022-10-24
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Terra Balcanica Resources Corp.
Project name: Viogor-Zanik
Location: Bosnia & Herzegovina
Commodities: Gold,Silver,Lead,Zinc,Antimony
Highlight: Drilling results incl. 8.7m at 105g/t Ag, 0.81g/t Au, 0.7% Pb, 1.2% Sb, 1.17% Zn from 89.0m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Vancouver, British Columbia – October 22nd 2022 – Terra Balcanica Resources Corp. (“Terra” or the “Company”) (CSE:TERA) is pleased to announce additional high-grade polymetallic results from the first phase of drilling at the Cumavici prospect at its 90% owned Viogor-Zanik project, Bosnia and Herzegovina. Further assays from the drill program are expected over the coming months. High grade polymetallic mineralization at Cumavici continues with a significant step-out: CMVDD003 is an 83-meter step-out from CMVDD001 (Figure 1) and intercepted a thick vein interval of 465.5 g/t AgEq. over 8.7 meters, including 1196.6 g/t AgEq. over 2.0 meters. The vein is open at depth Cumavici Ridge vein system remains open at depth: all three holes drilled at Cumavici Ridge spanning over 80 meters of down-dip length have returned positive, high-grade results with massive Pb-Zn-Sb sulphides and significant Au-Ag credits (Figure 2). The vein system also appears to continue along strike and further drilling will systematically evaluate the extent of this discovery (Figure 2)
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