Terra Balcanica Drills Multiple Polymetallic Targets and Extends Mineralized Zones in Bosnia Vancouver, British Columbia, Jan. 22, 2026 (GLOBE NEWSWIRE) -- Terra Balcanica Resources Corp. (“Terra” or the “Company”) (CSE:TERA; FRA:UB1; OTC:TEBAF) is pleased to announce further assay results from the Phase III drill campaign at the Cumavici Ridge and Brezani targets within its principal Viogor-Zanik project in Bosnia and Herzegovina. Highlights The Brezani drillhole BRE25001A returned 0.43 g/t Au over 55 m from 12 m below surface thus extending gold mineralization to 170 m along strike in the N-S direction. Additional intercepts include: 0.62 g/t Au over 2.0 m from 98.5 m;0.76 g/t Au over 1.5 m from 108 m;1.06 g/t Au over 3.0 m from 139 m; Successfully intercepting gold mineralization reinforces the multi-domain nature of Brezani as a structurally hosted, gold bearing skarn upon an epithermal, silver-antimony mineralization. Surface gold skarn at Brezani remains untested over 850 m wide soil anomaly (Figure 1). Significant shallow intercepts of gold from previous drilling were: 0.50 g/t Au over 88.0 m from surface (BREDD002);0.27 g/t Au over 72.3 m from 22m (BRE23001);0.62 g/t Au over 11.8 m from 9.8m including 1.03g/t Au over 6.65 m (BRE25004; see company news release from 20th August 2025); The Brezani drillhole BRE25001 intercepted polymetallic epithermal mineralization returning 60 g/t AgEq. over 6.0 m from 158 m including 95 g/t AgEq. over 3.0 m from 161 m of depth. This confirms the continuity of a steep structure 92 m NE of the BREDD002 intercept returning 436 g/t AgEq. over 19.6 m (see company news release from 20th January 2025); The Cumavici drillhole CMV25002 confirmed mineralization shallower than previously reported CMV25001 (Figure 2), marking continuation of the host structure and returning 186 g/t AgEq. over 0.5 m from 58.2 m (Figure 3). Terra Balcanica CEO, Dr. Aleksandar Mišković, commented: “The results from the initial stage of the Phase III drill program in Bosnia highlight extensions of the silver-dominated polymetallic and gold mineralization at both of our key targets. With increases in mineralized footprints at Cumavici and Brezani by close to 100 m along strike at each location, Terra is proving the size aspect of the shallow epithermal mineralization throughout the Viogor Zanik project. The Company is positioning itself as the holder of one of the best, silver-rich exploration assets in the Balkans and Europe. The full extent of the planned drilling meterage at Brezani is committed to as we resume testing Cumavici with rigs commencing work on location this week despite subzero temperatures.” Hole ID From (m) To (m) Length (m) Au (g/t) Ag (g/t) Pb (%) Sb (%) Zn (%) AgEq. (g/t) BRE25001A 12.0 67.0 55.0 0.43 - - - - - BRE25001 158.0 164.0 6.0 0.15 45 0.02 0.03 0.40 60 including 161.0 164.0 3.0 0.29 76 0.03 0.04 0.25 95 283.6 289.5 5.9 0.26 12 0.01 0.11 0.06 43 CMV25002 58.2 58.7 0.5 1.32 78 0.26 0.23 0.65 186 Table 1. Assay results from drillhole BRE25001 and CMV25002 with the interval lengths reported as drilled lengths, not true widths. Silver equivalents (“AgEq.”) are based on assumed metal prices of US$4,500/oz for gold (Au), US$80/oz for silver (Ag), US$1.40/lb for zinc (Zn), US$20/lb for antimony (Sb) and US$0.9/lb for lead (Pb). Assumed metal recoveries of 90% Au, 93% Ag, 95% Sb, 94% Pb and Zn are based on published metallurgical tests on analogous intermediate sulphidation epithermal vein deposits. Brezani Phase III Drill ResultsTwo drillholes were completed at the Brezani Target in follow up to the discovery of polymetallic epithermal mineralization during the 2023 field season, with the intercept of 436 g/t AgEq. over 19.6 m from 482.1 m downhole in BREDD002. Both 2025 drillholes intercepted mineralised horizons associated with known skarn and epithermal systems. Gold mineralization was confirmed again at Brezani with 0.43 g/t Au over 55 m from 12 m below surface. This correlates to the known retrograde altered skarn and calc-silicate hornfels discovered in 2022. Drilling has confirmed gold over 170 m N-S strike length (between BRE23001 and BRE25001) to date and sits within a >850 m long NW/SE trending gold in soil anomaly. The reconfirmation of thick gold intervals, just below surface is assuring, with the area still underexplored along strike. Previous gold intervals include 0.27g/t Au over 72.3 m from 22 m including 0.62 g/t Au over 7.5 m (BRE23001), 0.5g/t Au over 88.0m from surface (BREDD002) and 0.62 g/t Au over 11.8 m from 9.8 m (BRE23004). Gold mineralization at Brezani is hosted by a chlorite-retrograde altered package of skarn and calc-silicate hornfels. The mineralised intercept in BRE25001A is composed of dioritic dykes, hydrothermal breccias and calc-silicate altered metasediments. The calc-silicates are fine to coarse grained pyroxene-garnet skarns and hornfels, with variable sulphide contents of pyrrhotite-pyrite-sphalerite-chalcopyrite and rare arsenopyrite. H