Dec 9, 2024, 8:18 AM
Dec 9, 2024, 8:18 AM

Terra Balcanica claims major silver and antimony potential in Bosnia

Highlights
  • Terra Balcanica Resources Corp. completed over 1,200 meters of diamond drilling at the Brezani site.
  • Drilling results revealed high-grade silver and antimony mineralization, with significant intercepts reported.
  • The company aims to advance the mining potential in Bosnia while engaging responsibly with local communities.
Story

On December 9, 2024, Terra Balcanica Resources Corp. announced significant findings from their drilling activities at the Brezani site in Bosnia. The company has successfully completed over 1,200 meters of diamond drilling, yielding promising results for silver and antimony mineralization. These results from drill holes at Chumavichi demonstrate high-grade intercepts, indicating approximately 150 meters of strike length and a 200-meter down-dip mineralization footprint. The high-grade silver and antimony values emerged from multiple drill holes, leading to optimism about the long-term potential of the region's mining prospects. Preliminary observations included intercepts of 3.7 wt.% Sb over 2 meters and notable silver equivalents reaching up to 3,075.4 g/t AgEq over shorter intervals. Additionally, exploration efforts have indicated the presence of base metal-rich structures that correlate with the zone of elevated conductivity in the area, further establishing the site as an important player in the polymetallic landscape in Bosnia. As the company continues its exploration, it emphasizes responsible engagement with local communities while focusing on sustainable practices in its operations. These developments mark a crucial step forward for Terra Balcanica as it seeks to solidify its position in the mining sector of Bosnia and contribute to the economic growth of the region through future projects and responsible resource extraction.

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