12:31 PM EST, 01/20/2025 (MT Newswires) -- Terra Balcanica Resources (TERA.CN) on Monday released assay results from a new discovery at the Brezani target within its principal Viogor-Zanik project in eastern Bosnia and Herzegovina.

Best results include 436 gold-equivalent grams per tonne over 19.6 meters.

"We are very pleased with the polymetallic assays from an interval thrice as wide as that average reported at our other Viogor-Zanik target at Cumavici," said chief executive Aleksandar Miskovic. "Not only have we discovered a new type of mineralization that shallows toward northeast, and as such could be easily explored from top down, but we have also confirmed the significant presence of antimony at Brezani which continues to be a scarce commodity worldwide due to supply issues and trade restrictions imposed on certain countries."

The company's shares were last seen down $0.01 to $0.09 on the Canadian Securities Exchange.

Price: 0.09, Change: -0.01, Percent Change: -10.00