Core Viewpoint - Mundoro Capital Inc. has commenced its summer drill program at the Borsko Project in Serbia, which is part of an option earn-in agreement with BHP in the Central Timok Magmatic Complex [1][2]. Group 1: Project Details - The Borsko Project spans approximately 40 square kilometers and is strategically located west of the established Bor Mine, within a highly prospective structural corridor of the Timok Magmatic Complex [2][3]. - Exploration has identified several key targets, including Target 1, which is a well-preserved alteration lithocap measuring approximately 1.6 km by 1 km, indicative of a nearby porphyry system [2]. - A new geophysical anomaly, the Borsko NW Target, has been identified and will be the focus of an initial 1,000-meter drill hole, with drilling expected to conclude in Q3-2025 [2]. Group 2: Regional Context - The Timok region is a well-known mining district with over a century of mining operations, hosting approximately 4 billion tonnes in porphyry systems across five known mines [3]. - The Timok Magmatic Complex contains some of the largest copper-gold porphyry deposits in the western Tethyan Belt, including notable mines such as Cukaru-Peki and the Bor Mining Complex [3]. Group 3: Company Overview - Mundoro Capital Inc. is publicly listed on the TSX-V in Canada and OTCQB in the USA, focusing on a portfolio of mineral properties primarily targeting base and precious metals [6]. - The company's strategy includes generating near-term cash payments and creating royalties from mineral properties optioned to partners, with a current focus on copper in Eastern Europe and the southwest USA [6].
Mundoro Commences the 2025 Summer Drill Program at Borsko with BHP