Northwire Canada EditionMonday, July 13, 2026
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LIB 0.910 −2.1% SAG 1.02 +0.0% NTH 0.165 −2.9% PEMC 0.045 +0.0% NAR 0.180 +0.0% ARG 6.99 +1.8% VMXX 0.970 +0.0% ABRA 14.01 +1.6% LAF 1.63 +4.5% AMX 4.14 −4.4% GSP 0.115 +4.5% TRS 0.055 +0.0% GTWO 9.50 −2.0% PUR 0.520 +4.0% GMIN 41.71 −2.5% MMET 0.430 −2.3% LIB 0.910 −2.1% SAG 1.02 +0.0% NTH 0.165 −2.9% PEMC 0.045 +0.0% NAR 0.180 +0.0% ARG 6.99 +1.8% VMXX 0.970 +0.0% ABRA 14.01 +1.6% LAF 1.63 +4.5% AMX 4.14 −4.4% GSP 0.115 +4.5% TRS 0.055 +0.0% GTWO 9.50 −2.0% PUR 0.520 +4.0% GMIN 41.71 −2.5% MMET 0.430 −2.3%
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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