Terra Balcanica Provides Exploration Activities Update on High Grade Silver and Gold Targets at Viogor Zanik Project in Bosnia

Terra ” or the “ Company ”) ( CSE:TERA; FRA:UB1 ) is pleased to provide an update from the Phase I and II exploration drilling within its principal 168 km 2Viogor-Zanik project in Bosnia-Herzegovina. The Company completed approximately 2,200 m of drilling along a shallow, high grade, silver-dominated, intermediate sulfidation polymetallic Ag-Au-Pb-Zn-Sb vein system at the locality known as Chumavichi (Figures 1 and 2). This semi-continuous, 7.2 km-long structural corridor associated with...

Vancouver, 11/04/2024 (informazione.news - comunicati stampa - industria)

” or the “ ”) ( ) is pleased to provide an update from the Phase I and II exploration drilling within its principal 168 km Viogor-Zanik project in Bosnia-Herzegovina.

The Company completed approximately 2,200 m of drilling along a shallow, high grade, silver-dominated, intermediate sulfidation polymetallic Ag-Au-Pb-Zn-Sb vein system at the locality known as Chumavichi (Figures 1 and 2). This semi-continuous, 7.2 km-long structural corridor associated with a low magnetic response was previously largely untested by drilling and hosts altered volcanic tuffs and breccias with occurrences of massive Pb, Zn and Fe sulphides.

At the Company's second Viogor-Zanik target of Brezani (Figures 1 and 3), Terra discovered a surficial auriferous skarn superimposed on an Ag-Pb-Zn-Au mineralized, NE-shallowing structural system itself overlying porphyry andesites stock from 550 m of depth. The target is characterized by overlapping 1.2 km wide magnetic and EM anomalies with over 700 meters wide Au-Bi-Zn anomaly at surface and banded skarn outcrops with sphalerite and chalcopyrite. Similar geophysical signatures are detected at the 4.1 Moz Au Eq. Rogozna Au-Cu skarn project in SW Serbia. The Company completed approximately 1,200 m of diamond drilling at Brezani

 

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Laboratory (Figure 3) are pending QA/QC verification and will be released imminently. Additionally, will be released in comings months.

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Dr. Aleksandar Mišković, P.Geo, is the Company's designated Qualified Person for this news release within the meaning of National Instrument 43-101 Standards of Disclosure of Mineral Projects (“NI 43-101”) and has reviewed and validated that the information contained in this news release as accurate.

Terra Balcanica is a polymetallic and energy metals exploration company targeting large-scale mineral systems in the Balkans of southeastern Europe and norther Saskatchewan, Canada. The Company has 90% interest in the Viogor-Zanik Project in eastern Bosnia and Herzegovina and owns 100% of the Ceovishte mineral exploration licence in southern Serbia. The Canadian assets comprise a 100% optioned portfolio of uranium-prospective licences at the outskirts of the world-renowned Athabasca basin: Charlot-Neely Lake, Fontaine Lake, Snowbird South Pendleton. The Company emphasizes responsible engagement with local communities and stakeholders. It is committed to proactively implementing Good International Industry Practice (GIIP) and sustainable health, safety, and environmental management.

For the complete information on this news release, please contact Aleksandar Mišković at amiskovic@terrabresources.com , +1 (514) 796-7577, or visit www.terrabresources.com /en/news .