Potassium chlorate

Terra Balcanica Drills 499 g/t AgEq Over 3.8 m At Cumavici Ridge in Bosnia and Herzegovina and Closes Private Placement Financing

Retrieved on: 
Wednesday, January 17, 2024
Private, Gold, HBR, Digestion, Potassium chlorate, GPS, ICP-AES, PQ3, Silver, Acquisition, Offering, HNO3, Regulation, ISO/IEC, National instrument, News, ALS, Terra

VANCOUVER, British Columbia, Jan. 17, 2024 (GLOBE NEWSWIRE) -- Terra Balcanica Resources Corp. (“Terra” or the “Company”) (CSE:TERA; FRA:UB1) is pleased to announce additional assay results from the 2023 Phase II drill campaign confirming continuation of the high-grade Cumavici Ridge polymetallic mineralization within its flagship Viogor-Zanik project in Bosnia and Herzegovina. The Company further announces closing of the final tranche of its non-brokered private placement financing (the “Offering”) of shares (the ”Shares”) for total gross proceeds of $212,200.

Key Points: 
  • Further drilling efforts at Cumavici Ridge will aim to connect the shallow high-grade interval reported in this release to the 531 g/t AgEq over 0.75 m and 355 g/t AgEq over 1.10 m reported over 600 m to the northwest (see Company news release dated 5th November 2023).
  • The system remains untested and open to the southwest down-dip which will also be targeted in 2024 drilling.
  • Drillhole section through step out drill fence located 42 m SE of the 2022 discovery holes at Cumavici Ridge.
  • Terra will use the net proceeds of the Offering for working capital and to finance the acquisition of a strategic mineral exploration licence in Bosnia and Herzegovina.

Terra Balcanica Drills 499 g/t AgEq Over 3.8 m At Cumavici Ridge in Bosnia and Herzegovina and Closes Private Placement Financing

Retrieved on: 
Wednesday, January 17, 2024
Private, Gold, HBR, Digestion, Potassium chlorate, GPS, ICP-AES, PQ3, Silver, Acquisition, Offering, HNO3, Regulation, ISO/IEC, National instrument, News, ALS, Terra

Vancouver, British Columbia, Jan. 17, 2024 (GLOBE NEWSWIRE) --  Terra Balcanica Resources Corp. (“Terra” or the “Company”) (CSE:TERA; FRA:UB1) is pleased to announce additional assay results from the 2023 Phase II drill campaign confirming continuation of the high-grade Cumavici Ridge polymetallic mineralization within its flagship Viogor-Zanik project in Bosnia and Herzegovina. The Company further announces closing of the final tranche of its non-brokered private placement financing (the “Offering”) of shares (the ”Shares”) for total gross proceeds of $212,200.

Key Points: 
  • Further drilling efforts at Cumavici Ridge will aim to connect the shallow high-grade interval reported in this release to the 531 g/t AgEq over 0.75 m and 355 g/t AgEq over 1.10 m reported over 600 m to the northwest (see Company news release dated 5th November 2023).
  • The system remains untested and open to the southwest down-dip which will also be targeted in 2024 drilling.
  • Drillhole section through step out drill fence located 42 m SE of the 2022 discovery holes at Cumavici Ridge.
  • Terra will use the net proceeds of the Offering for working capital and to finance the acquisition of a strategic mineral exploration licence in Bosnia and Herzegovina.

Terra Balcanica Intersects 457 g/t AgEq Over 4.15 m at Central Cumavici Ridge Target in Bosnia and Herzegovina

Retrieved on: 
Monday, November 13, 2023
National instrument, Horizontal drillhole disposal, GPS, ISO/IEC, Gold, Potassium chlorate, ALS, ICP-AES, HBR, Silver, Phase, HNO3, Digestion, PQ3, SE, News, NW, Mining, Brežani

Geological map illustrating the 2022 discovery drillholes (CMVDD001-005), previously released 2023 drillholes and CMV23003 which is the topic of this release.

Key Points: 
  • Geological map illustrating the 2022 discovery drillholes (CMVDD001-005), previously released 2023 drillholes and CMV23003 which is the topic of this release.
  • The Cumavici Ridge epithermal mineralisation can be observed on surface and has been intercepted as shallow as 7.1 m downhole in CMV23001 (observations released 18th April 2023 with assays pending release).
  • Future exploration at the target will step NW towards CMV23007 and 009 which both intersected mineralization over 600 m along strike.
  • The redrilled Phase I drill hole has been extended to depth of 674 m along the same dip and azimuth.

Terra Balcanica Intersects 457 g/t AgEq Over 4.15 m At Central Cumavici Ridge Target In Bosnia and Herzegovina

Retrieved on: 
Monday, November 13, 2023
National instrument, Horizontal drillhole disposal, GPS, ISO/IEC, Gold, Potassium chlorate, ALS, ICP-AES, HBR, Silver, Phase, HNO3, Digestion, PQ3, SE, News, NW, Mining, Brežani

Geological map illustrating the 2022 discovery drillholes (CMVDD001-005), previously released 2023 drillholes and CMV23003 which is the topic of this release.

Key Points: 
  • Geological map illustrating the 2022 discovery drillholes (CMVDD001-005), previously released 2023 drillholes and CMV23003 which is the topic of this release.
  • The Cumavici Ridge epithermal mineralisation can be observed on surface and has been intercepted as shallow as 7.1 m downhole in CMV23001 (observations released 18th April 2023 with assays pending release).
  • Future exploration at the target will step NW towards CMV23007 and 009 which both intersected mineralization over 600 m along strike.
  • The redrilled Phase I drill hole has been extended to depth of 674 m along the same dip and azimuth.

Terra Balcanica Drills 1168 g/t AgEq Over 1.35 m At Cumavici Ridge And Confirms New Mineralization Over 600 m Northwest

Retrieved on: 
Tuesday, November 7, 2023
Horizontal drillhole disposal, GPS, ISO/IEC, Digestion, News, Gold, HBR, National instrument, Brežani, PQ3, ALS, Potassium chlorate, Silver, ICP-AES, HNO3

VANCOUVER, British Columbia, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Terra Balcanica Resources Corp. (“Terra” or the “Company”) (CSE:TERA; FRA:UB1) is pleased to announce initial assay results from the Phase II drill campaign confirming continuation of the high-grade Cumavici Ridge epithermal vein within its principal Viogor-Zanik project in Bosnia and Herzegovina.

Key Points: 
  • Coordinates and elevation were taken by local consultant surveyors using a differential GPS unit.
  • Drilling was focussed on stepping out within the 800 m strike length Au-bearing calc-silicate trend on surface.
  • Drillhole section through step out drill fence located 42 m SE of the 2022 discovery holes at Cumavici Ridge.
  • This involves crushing to 70% less than 2 mm, rotary split 1kg and pulverizing the split to greater than 85% passing 75 microns.

Terra Balcanica Drills 1168 g/t AgEq Over 1.35 m At Cumavici Ridge And Confirms New Mineralization Over 600 m Northwest

Retrieved on: 
Tuesday, November 7, 2023
Horizontal drillhole disposal, GPS, ISO/IEC, Digestion, News, Gold, HBR, National instrument, Brežani, PQ3, ALS, Potassium chlorate, Silver, ICP-AES, HNO3

Vancouver, British Columbia, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Terra Balcanica Resources Corp. (“Terra” or the “Company”) (CSE:TERA; FRA:UB1) is pleased to announce initial assay results from the Phase II drill campaign confirming continuation of the high-grade Cumavici Ridge epithermal vein within its principal Viogor-Zanik project in Bosnia and Herzegovina.

Key Points: 
  • Coordinates and elevation were taken by local consultant surveyors using a differential GPS unit.
  • Drilling was focussed on stepping out within the 800 m strike length Au-bearing calc-silicate trend on surface.
  • Drillhole section through step out drill fence located 42 m SE of the 2022 discovery holes at Cumavici Ridge.
  • This involves crushing to 70% less than 2 mm, rotary split 1kg and pulverizing the split to greater than 85% passing 75 microns.

Terra Balcanica Intersects 505 g/t AgEq Over 11.0 m Including 3,075 g/t AgEq (108.5 oz/т AgEq) over 1.7 m At Viogor-Zanik in Bosnia

Retrieved on: 
Monday, February 27, 2023
PQ3, News, SW, National instrument, Silver, HNO3, ICP-AES, Digestion, Soil, HBR, ISO/IEC, Horizontal drillhole disposal, Potassium chlorate, Composite, Gold, ALS

Vancouver, British Columbia, Feb. 27, 2023 (GLOBE NEWSWIRE) -- Terra Balcanica Resources Corp. (“Terra” or the “Company”) (CSE:TERA; FRA:UB1) is pleased to announce further, high-grade drill results including step-out drillholes at Cumavici Ridge and a new discovery at the Josheva target extending mineralization at the Cumavici Corridor over 2.3 km to the southeast within its flagship, 216 km2 Viogor-Zanik project in Bosnia and Herzegovina.

Key Points: 
  • Further Exploration Drilling: Further drilling will systematically test the high-grade Cumavici vein along strike to the NW/SE and down-dip SW where the mineralization is open and untested.
  • The Cumavici Ridge target lies within a local magnetic low, which is continuous for > 500 m strike length.
  • Due to the shallow nature of this high-grade system, drilling can quickly define strike length utilizing a 40 m regular step out.
  • Dr. Mišković has reviewed and validated the information contained in this news release as factual and accurate.