03:55 PM EDT, 03/17/2026 (MT Newswires) -- Terra Balcanica Resources ( TEBAF ) Tuesday released additional assay results from the Phase III drill campaign at the Cumavici Ridge polymetallic target within its Viogor-Zanik project in eastern Bosnia and Herzegovina.

Highlights included a drillhole CMV25005 that intersected 607 silver-equivalent grams per tonne (AgEq g/t) over 3.0 meters (m), including 842 g/t AgEq with 3.05% Sb over 1.7 m. While CMV25006 returned 670 g/t AgEq over 3.9 m.

According to the statement, the results confirmed the high-grade nature and continuity of mineralization at Cumavici Ridge along strike to the northwest, potentially linking it with the Cumavici Crest zone, with mineralization remaining open down dip to the southwest. The Cumavici Ridge-Crest fault-hosted system is one of four targets along a largely untested 5-kilometer corridor of silver-rich base-metal mineralization.

"Two additional drill intercepts confirm that we have begun to unequivocally define a tabular, high-grade body of silver-antimony dominant mineralization at Cumavici Ridge. With over two dozen positive drill holes spread over 180 m of along strike and testing the southwest-inclined structure to over 200 m down dip, Terra is now looking to drill test the linkage to the neighboring Cumavici Crest target and in doing so extend the mineralization to over 650 m along strike," chief executive Aleksandar Miskovic said.

The company's shares were last seen down $0.01 to $0.06 on the Canadian Securities Exchange.