Northwire Canada EditionWednesday, November 4, 2026
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Gold 3,940.40 −0.7% Silver 49.75 −2.2% Copper 6.41 −2.4% Oil 96.76 +0.3% Palladium 930.00 −4.0% MSA 8.73 +1.2% GGL 0.145 +0.0% MAU 14.45 +0.3% EMO 0.220 +0.0% EOX 0.060 +0.0% PMET 2.99 −2.3% SVM 11.14 −2.5% NUAG 6.82 +0.1% STGO 1.35 +1.5% TFPM 39.56 −2.0% REE 0.030 +0.0% PNTR 0.330 +0.0% SSRM 36.56 −2.4% NGEX 20.85 +2.9% DML 2.96 −0.3% DOS 0.020 +0.0% Gold 3,940.40 −0.7% Silver 49.75 −2.2% Copper 6.41 −2.4% Oil 96.76 +0.3% Palladium 930.00 −4.0% MSA 8.73 +1.2% GGL 0.145 +0.0% MAU 14.45 +0.3% EMO 0.220 +0.0% EOX 0.060 +0.0% PMET 2.99 −2.3% SVM 11.14 −2.5% NUAG 6.82 +0.1% STGO 1.35 +1.5% TFPM 39.56 −2.0% REE 0.030 +0.0% PNTR 0.330 +0.0% SSRM 36.56 −2.4% NGEX 20.85 +2.9% DML 2.96 −0.3% DOS 0.020 +0.0%
Drill Results

Terra Balcanica Drills 636 g/t Ag Eq. Over 4.3 m At Cumavici Ridge in Bosnia and Herzegovina

By The Northwire Desk — AI Analysis Feb 23, 2026 · 08:00 TERA · 0.07 Terra Balcanica Resources Corp.
TERA · Price

Executive Summary

  • Terra Balcanica announced high‑grade assay results from Phase III drilling at the Cumavici Ridge vein system, including a standout intercept of 1,757 g/t Ag Eq over 0.8 m and additional intervals of 1,319 g/t and 636 g/t Ag Eq.
  • The drill holes confirm continuity of mineralisation, open strike‑wise and down‑dip, and demonstrate the presence of significant base‑metal (Sb, Zn, Pb) and precious‑metal (Au, Ag) grades.
  • Results support Terra’s view that Cumavici Ridge is a flagship shallow epithermal system with strong investment potential given proximity to existing infrastructure and European markets.

Key Details

  • Hole CM 25004: 4.30 m interval – 636 g/t Ag Eq (including 0.8 m @ 1,757 g/t Ag Eq; 0.4 m @ 1,319 g/t Ag Eq).
  • Hole CM 25003: 4.10 m interval – 108 g/t Ag Eq (including 0.2 m @ 1,606 g/t Ag Eq).
  • Individual sample grades within the intercepts: up to 7.23 % Sb, 23.4 % Zn, 3.69 g/t Au, 420 g/t Ag, and 12.5 % Pb.
  • Drill collars located 54 m SE of CMVDD003 (previously 465.5 g/t Ag Eq over 8.7 m) and 27 m SW of CMV23004 (1,168 g/t Ag Eq over 1.35 m).
  • Mineralisation remains open along strike and down‑dip to the southwest; further Phase III drilling is ongoing.
  • Geological context: Vein system hosted in volcanic tuffs/pyroclastic breccias with NW–SE trending structures; mineralisation comprises silver‑antimony rich sulphosalts and a zinc‑lead interval of massive sphalerite‑galena.
  • QA/QC: Samples analysed by ALS Bor (Serbia) and ALS Loughrea (Ireland) under ISO/IEC 17025:2017; 17 % control sample insertion rate.
  • Qualified Person: Dr. Aleksandar Mišković, President & CEO, NI 43‑101 Qualified Person.

Notable Quotes

“Terra continues proving up our flagship shallow, fault hosted, epithermal system… The drilling will continue by focusing on the system extension westward and down dip.” – Dr. Aleksandar Mišković, President & CEO

All non‑material boilerplate, forward‑looking statements, and company background sections have been omitted for brevity.

Read the original news release →

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