Terra Balcanica announces Viogor-Zanik drilling results

Highlights:

• High grade polymetallic mineralisation at Cumavici continues with a significant step-out: CMVDD003 is an 83 m step-out from MVDD001 and intercepted a thick vein interval of 465.5 g/t AgEq. over 8.7 m, including 1196.6 g/t AgEq. over 2 m. The vein is open at depth.
• Continuity of high-grade epithermal mineralisation: the CMVDD002 hole is a critical hole drilled between CMVDD001 and CMVDD003, where it intercepted 816.1 g/t AgEq. over 2 m starting at 45 m depth thus showing high-grade vein continuity at Cumavici Ridge.
• Cumavici Ridge vein system remains open at depth: all three holes drilled at Cumavici Ridge spanning over 80 m of down-dip length have returned positive, high-grade results with massive Pb-Zn-Sb sulfides and significant Au-Ag credits. The vein system also appears to continue along strike and further drilling will systematically evaluate the extent of this discovery.
• District-scale exploration upside: the 7.2 km strike length of the system at Cumavici remains open with several untested targets. The focus of the current drilling by Terra is to drill the extents of this prospective area focusing on key vein segments identified from previously completed surface mapping, geochemical and geophysical analysis, and structural work. The Viogor-Zanik project spans over 216 km² and has two other key target areas featuring Cu-Mo porphyry (Olivine) and Au-Cu-Zn skarn (Brezani) styles of mineralisation.

Terra Balcanica CEO, Dr. Aleksandar Miškovic, comments:

"With the 80 m drill step out we have confirmed a significant down-dip extension of the shallow Cumavici Ridge vein which is open at depth. All three holes drilled to date at this target have intercepted high-grade polymetallic mineralisation and we are gaining a better understanding of the geological model with each hole completed. The Cumavici Ridge vein segment itself appears open along strike, thus providing opportunities for further step outs to define its geometry and grade. Furthermore, Cumavici Ridge is only one of the prospective localities within the larger 7.2 km Cumavici corridor, the extent of which we are excited to fully investigate."

"We are seeing the same geological characteristics across the large footprint akin to the vein-hosted style of mineralisation present in the adjacent Mineco Group’s Sase Mine. Terra has been and will continue to drill these target areas as a part of our maiden drill program. A number of additional drill holes are currently at the lab and more assays will be released over the coming months."

Read the article online at: https://www.globalminingreview.com/mining/24102022/terra-balcanica-announces-viogor-zanik-drilling-results/