Mundoro Capital Inc. is pleased to provide an update on the Company's activities in the exploration portfolio in Q4-2023 and highlights from the portfolio in 2023. 2023 Portfolio Highlights Nine active projects currently under option and one partner-funded generative alliance. Expanded our group of partners to four major mining companies. Partner funded, Mundoro operated, nine prospects drill tested, totaling 13,325 [...]
Mundoro Capital Inc. is pleased to announce that it has submitted to the TSX Venture of its Notice of Intention to make a Normal Course Issuer Bid . In the opinion of the Company, its common shares have been trading at prices that do not reflect the underlying value of the Company, including its strong financial position and positive Cash from Operations as reported in the Q3-2023 Financial Statements, 10 active programs [...]
Mundoro Capital Inc. is pleased to report profitable financial results from its operations in the first nine months ending September 30, 2023 . Teo Dechev, CEO and President commented: "The Company is pleased to report a profitable period for the nine-months ended September 30, 2023, where Cash Flow from Operations increased to $1,315,362, which is 428% increase over the same period ended September 30, 2022. The [...]
Mundoro Capital Inc. is pleased to announce commencement of a drill program at the Dos Cabezas Project , Cochise County, Arizona. The Dos Cabezas Project is optioned to Vale Base Metals to earn-in to the Project. The Q4-2023 drill program is planned to test three target areas with 3 diamond drill holes for a total of 2,200 meters. These drill holes represent a rare opportunity in Arizona of untested porphyry copper [...]
Mundoro Capital Inc. is pleased to report profitable financial results from its operations in the first six months ending June 30, 2023 . Teo Dechev, CEO and President commented: "The Company has delivered a profitable first half of 2023 as a result of the generative business strategy which continues to operate 10 exploration programs, generating new exploration opportunities for partnering while maintaining low corporate [...]
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. Teo Dechev, CEO commented: "Mundoro has built a diversified, copper focused, exploration portfolio generating payments to the Company which exceed the corporate expenses resulting in positive cash flow. Mundoro grew the [...]
Mundoro Capital Inc. "), is pleased to report the addition of a new project area, Picacho Project in Pinal County, Arizona, consisting of a combination of Mineral Exploration Permits from the Arizona State Land Department and claims from the Bureau of Land Management . The Picacho Project has been established as a result of the Strategic Alliance between Mundoro and Vale Canada Limited . Picacho Property Highlights The [...]
Mundoro Capital Inc. is pleased to announce the filing of its audited Financial Statements , and Management's Discussion and Analysis for 2022 with Canadian securities regulators on SEDAR . The Company's audited FS, and MD&A are also available on Mundoro's website at www.mundoro.com under the heading "Investors". All amounts are expressed in Canadian dollars unless otherwise indicated. Ms. Teo Dechev, CEO of Mundoro [...]
Mundoro Capital Inc. is pleased to announce commencement of a drill program at Mundoro's Vale-optioned project, Dos Cabezas, located in Cochise, Arizona . The drill program is planned for 3,000 meters to test five target areas with 5 drill holes . These five drill holes represent a rare opportunity in Arizona of untested porphyry copper systems. Highlights of the Targets The five target areas for drill testing during this [...]
Mundoro Capital Inc. is pleased to announce commencement of a drill program at the BHP-Mundoro option project, Borsko, which is located in the central portion of the Timok Magmatic Complex in eastern Serbia. The drill program is part of the 2023 Work Program and Budget which is solely funded by BHP and for which Mundoro is the operator. The drill program is planned for 2,000 meters to test one target area with one deep [...]
Mundoro Capital Inc. is pleased to announce commencement of the 2023 drill program at the Vale-Mundoro Option Projects located in the southwest portion of the Timok Magmatic Complex in Serbia. The drill program is part of the 2023 Work Program and Budget which is solely funded by Vale and for which Mundoro is operator. The drill program has planned 8,000 meters to test five target areas with nine drill holes. The five [...]
Mundoro Capital Inc. www.mundoro.com is pleased to provide an update on the Company's corporate activities in Q4-2022 as well as outlook for 2023. Teo Dechev, CEO and President, commented: "Mundoro grew the number of properties optioned to partners to a record total of nine, with the most recent announcement being with BHP Exploration. This demonstrates the ongoing interest by global mining companies for the Company's [...]
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