Terra Balcanica drills 1,200 m at Viogor-Zanik

Executive Summary

• Terra Balcanica completed ~1,200 m of oriented diamond‑core drilling in Phase III, confirming extensive retrograde skarn and epithermal mineralization at the Brezani and Chumavichi targets.
• Drill holes BRE25001/​BRE25001A intersected a 50–60 m interval of altered skarn hosting previously reported 0.61 g/t AuEq over 88 m, while CMV25001‑04 intercepted multiple shallow massive sulphide veins above 80 m depth.
• All core samples have been logged and are pending comprehensive lithogeochemical assay; results will be released once laboratory data are complete.

Key Details

• Drilling Scope: ~1,200 m of oriented diamond‑core drilling across Brezani and Chumavichi targets within the 168 km² Viogor‑Zanik project.
• BRE25001 & BRE25001A (Brezani):
• Located 72 m NE of discovery hole BREDD002 (19.6 m @ 436 g/t AgEq).
• Intercepted a continuous 50–60 m interval of retrograde altered skarn, the host of the historic 0.61 g/t AuEq over 88 m zone.
• Encountered several structural zones with intermediate‑sulphidation epithermal mineralization.
• CMV25001‑04 (Chumavichi):
• Intercepted multiple shallow, massive sulphide and quartz‑sulphide vein‑hosted mineralized zones in hanging‑wall and footwall of the SW‑dipping structure, all above ~80 m depth.
• Mineralogy: Polymetallic (Ag‑Sb‑Zn‑Pb‑Au) confirmed by sulphide observations and pXRF; key intervals sampled for assay.
• Assay Status: Lithogeochemical assays pending; full results to be released after laboratory completion.
• Core Recovery: Average core recovery of >94 % despite challenging ground conditions.
• Future Plans: Additional drill holes planned to test the main Ag‑Sb‑Zn‑As‑Bi soil anomaly at Brezani and step‑out targets at Chumavichi; Phase III drilling to resume in January 2026 after assay release.
• Qualified Person: Dr. Aleksandar Miskovic, PGeo (NI 43‑101).

Notable Quotes

“We are pleased to have completed over a half of the planned metreage despite numerous setbacks and technical challenges… The Terra exploration hypothesis about the extension of the base‑metal‑dominated, epithermal mineralization … continues to be refined in the light of new 3‑D data.” – Dr. Aleksandar Miskovic, CEO

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