Mundoro Capital Inc. is pleased to announce the commencement of its summer drill program at the Borsko Project, part of the BHP-Mundoro option earn-in agreement in the Central Timok Magmatic Complex in Serbia. The Borsko Project, covering approximately 40 sq. km, is strategically situated directly west of the established Bor Mine and lies along a parallel structural corridor within the highly prospective TMC. To date [...]
Mundoro Capital announces the operating and financial results for the quarter ended March 31, 2025. The Financial Statements and Management's Discussion and Analysis for Q1-2025 are filed on SEDAR+, and are available on Mundoro's website under the heading Investors. All amounts are expressed in Canadian dollars unless otherwise indicated. Q1-2025 Financial Summary Cash Position: As of March 31, 2025, the Company held $5.2 [...]
Mundoro Capital announces the operating and financial results for the year ended December 31, 2024. The audited Financial Statements, and Management's Discussion and Analysis for 2024 are filed on SEDAR+, and are available on Mundoro's website at www.mundoro.com under the heading "Investors". All amounts are expressed in Canadian dollars unless otherwise indicated. Mundoro's CEO, Teo Dechev, noted that fiscal year 2024 [...]
Mundoro Capital is pleased to summarize key achievements from 2024 and outline strategic priorities for 2025. Key Highlights from 2024: Advanced Exploration at BHP-Mundoro Projects, Serbia: Completed ground AMT survey, rock sampling, and soil sampling programs at South Timok. Conducted IP and bulk density measurements at Borsko. Developed and approved a drilling proposal for the Trstenik project. Vectoring in on [...]
Mundoro Capital is pleased to report its financial results from its operations in the first nine months ending Sept 30, 2024 . Financial Highlights and Outlook For further information on the Company's financial results, please refer to the condensed interim consolidated financial statements and MD&A for the nine-month periods ended September 30, 2024, and 2023. The Company's filings are available on SEDAR at www.sedar.com [...]
Mundoro Capital Inc. is pleased to announce that its exploration campaign on the Trstenik project, in which BHP Exploration is earning an interest and providing sole funding, has advanced five prospective porphyry exploration targets. Mundoro has submitted permit applications for drill locations across the five target areas, which we anticipate will be granted in Q4 2024. This will enable the commencement of drill testing [...]
Mundoro Capital Inc. is pleased to announce that it has identified four highly prospective porphyry exploration targets at the Tilva Rosh prospect area on Mundoro's 100% owned licenses. These targets are shown in Figure 1 and include: Tilva Rosh Valley: A 2 km x 2 km target area located at the junction of two significant fault structures, identified through geophysics, structural interpretation and geochemical data. Tilva [...]
Mundoro Capital Inc. is pleased to report results from its operations in the first six months ending June 30, 2024 . Financial Highlights Strong Cash Position: As of June 30, 2024, the Company held $4,372,473 in cash and cash equivalents and no long-term debt. The Company has sufficient working capital to fund its operations for the next 12 months. Fees Earned: In H1-2024, the Company generated $918,080 in Fees and [...]
Mundoro Capital Inc. has filed its quarterly Consolidated Financial Statements and Management's Discussion and Analysis on SEDAR at www.sedar.com and posted on the Company's website at www.mundoro.com. Follow our weekly updates from the field on: LinkedIn and X. Q1-2024 Financial Highlights Strong Cash Position: As of March 31, 2024, the Company held cash and cash equivalents totaling $3,610,283 and no long-term debt [...]
Mundoro Capital Inc. announces the operating and financial results for the quarter and year ended December 31, 2023. The audited Financial Statements , and Management's Discussion and Analysis for 2023 are filed on SEDAR+, and are available on Mundoro's website at www.mundoro.com under the heading "Investors." Teo Dechev, CEO and President commented: "In 2023, the portfolio of partner funded programs had ~13,900 meters of [...]
Mundoro Capital Inc. is pleased to announce results from the inaugural drilling at the Dos Cabezas Project , in Cochise County, Arizona. As of April 12, 2024, Mundoro holds 100% of the Project. Teo Dechev, CEO and President commented "Mundoro is pleased with the initial drilling results from the Dos Cabezas Project. The first phase of drilling tested four target areas, with scout drill holes in each target. In two of the [...]
Mundoro Capital Inc. is pleased to announce that 2023 marked a year of significant transition and advancement for the Company. Throughout the year, we successfully managed extensive field programs for four partners across ten projects in three countries and two continents. The Company's partner-funded programs amounted to substantial exploration expenditures of approximately $14 million, advancing numerous targets over [...]
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