Base and Precious Metals
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Mundoro and BHP Commence Drill Program at South Timok Project, Serbia
TMX Newsfile· 2026-01-26 15:34
Core Viewpoint - Mundoro Capital Inc. has initiated its first drilling program at the South Timok Project in Serbia, which is part of an option earn-in agreement with BHP, who is funding the exploration [1][5]. Group 1: Drilling Program Details - The planned drill program will consist of up to 2,500 meters of diamond drilling, marking the first drill test of targets identified through two years of systematic exploration [2]. - The drilling aims to test various targets across the project area, which has been advanced using deep-sensing geophysics to identify potential porphyry systems [2][4]. - The project area encompasses four contiguous exploration licenses covering approximately 306 square kilometers, located 40 to 70 kilometers south of the Bor Mine Complex [4]. Group 2: Geological Insights - The identified geophysical anomalies include resistivity signatures that may indicate hydrothermal alteration and magnetic signatures that could suggest the presence of an intrusive body [4]. - The drill tests are expected to enhance the geological interpretation of the target areas [4]. Group 3: Company Overview - Mundoro Capital Inc. is publicly listed on the TSX-V in Canada and OTCQB in the USA, focusing on mineral properties primarily related to base and precious metals [5]. - The company's asset portfolio is designed to generate near-term cash payments and create royalties from mineral properties optioned to partners, with a current focus on copper in Eastern Europe and the southwest USA [5].
IDEX Metals Announces Non-Brokered Private Placement of Units
Thenewswire· 2025-10-15 21:00
Core Points - IDEX Metals Corp. announced a non-brokered private placement of up to 3,333,333 units at a price of $0.60 per unit, aiming for gross proceeds of up to $2,000,000 [1][3] - Each unit consists of one common share and one-half of a share purchase warrant, with each whole warrant exercisable at $0.90 for a period of 24 months [2][3] - The proceeds will be used for exploration of mineral properties in Idaho and for general working capital [3] Company Overview - IDEX Metals Corp. is focused on advancing a portfolio of base and precious metal projects in Idaho, particularly the Freeze Copper-Gold porphyry prospect [6] - The company is positioned in a top-tier mining jurisdiction and is surrounded by major industry players, aiming to redefine district-scale exploration in Idaho [6]
Tintina Announces Appointment of CEO and Changes to Board of Directors
Globenewswire· 2025-08-28 11:00
Core Points - Tintina Mines Limited has appointed Juan Enrique Rassmuss as Chief Executive Officer, replacing Eugenio Ferrari who resigned due to medical reasons [1][5] - The company has also appointed Stefan Jochum, CFA, as a new Director [2] Company Overview - Tintina Mines is a Canadian-based company with over 20 years of experience in the junior mining sector, focusing on the acquisition, exploration, and development of base and precious metal properties in South America and Canada [6] - Recently, Tintina expanded its portfolio by acquiring a majority stake in Andean Belt Resources, adding five new projects in Chile [6] - The company is committed to advancing the exploration and development of the copper-gold Domeyko Sulfuros Project located in the Atacama Region of northern Chile [7]