Northwire Canada EditionMonday, August 3, 2026
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S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0% S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0%
Drill Results

TERRA BALCANICA DRILLS 102 G/T AG EQ OVER 2.55 M AT CUMAVICI RIDGE AND EXTEND MINERALIZED FOOTPRINT IN BOSNIA AND HERZEGOVINA

By The Northwire Desk — AI Analysis Jan 14, 2026 · 16:01 TERA · 0.14 Terra Balcanica Resources Corp.
TERA · Price

Executive Summary

  • Terra Balcanica announced high‑grade assay results from Phase III drilling at the Cumavici Ridge epithermal vein zone, extending the known strike length to ~95 m.
  • Multiple intercepts returned >500 g/t AgEq, including a 453 g/t AgEq over 0.4 m and a 1168 g/t AgEq over 1.35 m, indicating a robust, shallow, fault‑hosted polymetallic system.
  • The mineralization remains open to the northwest and down‑dip to the southwest; additional assay results will be released imminently.

Key Details

  • Drillhole CMV25001:
  • 102 g/t AgEq over 2.55 m (66–68.55 m) within a broader zone of 64 g/t AgEq over 4.7 m (66–70.7 m).

  • Included a 0.4 m interval with 453 g/t AgEq (69.15–69.55 m).

  • Strike Extension:

  • Strike length now ~95 m from CMV23004, which returned 1168 g/t AgEq over 1.35 m.

  • Additional High‑Grade Intercepts:

  • 505 g/t AgEq over 11 m (CMVDD004)
  • 824.2 g/t AgEq over 4 m (CMVDD001)

  • 284 g/t AgEq over 10 m (CMVDD005) – previously reported in releases dated Sep 8 2022, Oct 22 2022, Feb 2 2023, and Feb 27 2023.

  • Geological Context:

  • Mineralization hosted in a fault‑controlled hydrothermal breccia intersecting volcanic tuffs and andesites.

  • Massive sulphide interval (0.4 m) composed of sphalerite, galena, stibnite, and pyrite with stringers into altered volcanics.

  • Assay Methodology & QA/QC:

  • Samples processed by ALS Bor (Serbia) and analyzed at ALS Loughrea (Ireland), ISO/IEC 17025:2017 certified.

  • Certified reference materials inserted at 9% rate; recovery assumptions: Au 90%, Ag 93%, Sb 95%, Pb 94%, Zn 94%.

  • Qualified Person: Dr. Aleksandar Miškovic, P.Geo (NI 43‑101).

  • Future Updates: Additional Phase III assay results from Cumavici Ridge and Brezani targets to be released imminently.

Notable Quotes

“We are very pleased to have extended the footprint at the high‑grade Cumavici Ridge system by continuing to intercept the mineralized horizon… our work testing the along‑strike and down‑dip extent of the Cumavici mineralization continues with more assays which Terra will report soon.” – Dr. Aleksandar Miškovic, President & CEO

Materiality Assessment: Material – Positive (high‑grade drilling results materially enhance the project's economic potential).

Read the original news release →

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