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Terra Balcanica Resources Corp. ( (TSE:TERA) ) has issued an update.
Terra Balcanica Resources Corp. announced significant assay results from its Brezani target within the Viogor-Zanik project in Bosnia and Herzegovina, revealing a new discovery of antimony-silver mineralization. The discovery, characterized by high-grade silver equivalents, suggests potential for expanding operations due to the mineralization’s accessibility and the presence of antimony, a globally scarce commodity. This development positions Terra Balcanica advantageously in the market, as it confirms the presence of valuable polymetallic mineralization, potentially impacting global supply due to current trade restrictions.
More about Terra Balcanica Resources Corp.
Terra Balcanica Resources Corp. operates in the mining industry, focusing on the exploration and development of mineral properties. The company is primarily engaged in discovering and extracting precious metals, such as gold and silver, and other minerals like antimony, with a particular market focus on regions like Bosnia and Herzegovina.
YTD Price Performance: 42.86%
Average Trading Volume: 86,211
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$4.66M
Find detailed analytics on TERA stock on TipRanks’ Stock Analysis page.