Mundoro Capital Inc. is pleased to announce the completion of the initial target testing drill program at the Savinac and Bacevica exploration licenses in the Timok Magmatic Complex in eastern Serbia. The exploration programs on the Freeport-Mundoro Projects are sole funded by Freeport-McMoRan Exploration Corporation as part of the earn-in agreement with Freeport, in which Mundoro has granted to Freeport an option to [...]
Mundoro Capital Inc. is pleased to announce completion of the third year exploration program with Japan Oil, Gas and Metals National Corporation , on the Borsko Jezero license located within the Timok Magmatic Complex in eastern Serbia. This exploration program is the third year of the Phase I earn-in with JOGMEC, which included primarily: 57.6 line kilometers of Induced Polarization geophysics, a gravity survey over 6 [...]
Mundoro Capital Inc. is pleased to report that it has entered into a Generative Program Agreement in the Republic of Bulgaria with Japan Oil, Gas and Metals National Corporation . The purpose of this Strategic Alliance is to establish a generative program between Mundoro and JOGMEC, whereby Mundoro will carry out mineral exploration activities in Bulgaria under the direction of a joint Technical Committee with the view to [...]
Mundoro Capital Inc. is pleased to provide an update for the two drill programs currently ongoing on the Company's licenses in the Timok Magmatic Complex in eastern Serbia. JOGMEC - Mundoro JV Property Drill Program Borsko is one of the four licenses being sole funded by Japan Oil, Gas and Metals National Corporation as part of the JOGMEC-Mundoro option agreement announced in August 2016 . The Year 3, Phase I drill [...]
Mundoro Capital Inc. is pleased to announce drilling results from the Saje lead-zinc-copper-silver project on the Company's 100% owned Zvezda exploration license . Zvezda is one of two contiguous exploration licenses located in south-eastern Bulgaria in the Rhodopean Region which is part of the Tethyan Metallogenic belt. The Saje Project drill program and related work was sole-funded by a private mining company under an [...]
Mundoro Capital Inc. is pleased to announce two drill rigs have been mobilized to commence a drill program at the Savinac and Bacevica exploration licenses. Freeport-Mundoro Project Location Map The drill program is being sole funded by Freeport-McMoRan Exploration Corporation as part of an earn-in agreement , in which Mundoro has granted Freeport an option to earn-in to Mundoro’s Savinac and Bacevica exploration [...]
Mundoro Capital Inc. is pleased to announce that the previously announced drill program on July 5, 2018 at the Borsko Jezero license has been extended by 2,200 meters to a total of 7,200 meters over 7 drill holes. Borsko Location Map Borsko is one of the four licenses being sole funded by Japan Oil, Gas and Metals National Corporation as part of the JOGMEC-Mundoro option agreement announced in August 2016. Borsko is [...]
Mundoro Capital Inc. reports an update on the Company’s exploration activity and filing of its condensed interim consolidated financial statements for the three and six months ended June 30, 2018 and the related management’s discussion and analysis of financial position and results of operations. Location Map of Partnership Licenses in Serbia Update on Exploration Activity In Serbia, drilling is ongoing at the [...]
VANCOUVER, British Columbia, July 30, 2018 -- Mundoro Capital Inc. announces it has entered into an earn-in agreement with Freeport-McMoRan Exploration Corporation , in which Mundoro has granted to Freeport an option to earn-in to Mundoro’s Savinac and Bacevica exploration licenses located within the southern portion of the Timok Magmatic Complex in Serbia. Timok is one of the most prolific metallogenic domains in [...]
VANCOUVER, British Columbia, July 05, 2018 -- Mundoro Capital Inc. is pleased to announce mobilization for drilling at the Borsko Jezero license . Borsko is one of the four licenses being sole funded by Japan Oil, Gas and Metals National Corporation as part of the Amended Earn-in Agreement announced August 2016. Borsko is located in the central portion of the Timok Magmatic Complex directly west of Bor copper-gold system [...]
VANCOUVER, British Columbia, June 28, 2018 -- Mundoro Capital Inc. is pleased to announce mobilization for drilling at the Saje Lead-Zinc Project on the Company's Zvezda license . Zvezda is one of two contiguous exploration licenses located in south-eastern Bulgaria in the Rhodopean Region which is part of the Tethyan metallogenic belt. The Saje Lead-Zinc Project is optioned to an arm’s length third party private [...]
VANCOUVER, B.C., May 25, 2018 -- Mundoro Capital Inc. , is pleased to announce the voting results of the Annual General Meeting held on May 23, 2018 . Shareholders voted as follows on the matters before the meeting: Board Members Shareholders elected the following 4 board members with shareholders represented at the meeting voting in favour of individual directors as follows: Director Nominee Percentage of Votes John Hoey [...]