Mundoro Capital Inc. "), is pleased to report an update on initial exploration at the Dos Cabezas Property in Cochise County, Arizona. Vale is earning into the Dos Cabezas property based on a two year earn-in agreement that was signed in December 2021 . Teo Dechev, CEO and President commented: "We are pleased to announce the initial exploration completed at the Dos Cabezas property, which is a Mundoro generated [...]
Mundoro Capital is pleased to report its quarterly update for exploration and corporate activity for the three months ending March 31, 2022. The Company has filed its quarterly Consolidated Financial Statements and Management's Discussion and Analysis on SEDAR and posted on the Company's website. Teo Dechev, CEO and President commented: "Mundoro's copper-gold exploration properties in Serbia, Bulgaria and the USA are now [...]
Mundoro Capital is pleased to provide an update on the Company's corporate activities in Q4-2021 as well as outlook for 2022. Teo Dechev, CEO and President, commented: "Mundoro grew its number of properties optioned to partners in 2021 to a record total of eight. This demonstrates the continuing interest by global mining companies for Mundoro's district scale copper-gold exploration properties, and the value of Mundoro's [...]
Mundoro Capital is pleased to announce the establishment of a generative alliance between Mundoro and Vale Exploration Canada Inc., a subsidiary of Vale S.A., focused on generation of new projects with high potential to host porphyry copper and related metals deposits within Arizona and New Mexico, located in the south western United States. Mundoro and Vale have entered into an indicative Term-Sheet in November 2021 and [...]
Mundoro Capital Inc. is pleased to announce the appointment of Mr. Stephen Altmann to the Board of Directors of the Company, and Mr. Peter Wong as Chief Financial Officer, effective Oct 12, 2021. Mr. Altmann holds a Master of Business Administration from McMaster University and an Honors Bachelor of Science degree from the University of Western Ontario. He is currently a Managing Director of Morrison Park Advisors, an [...]
Mundoro Capital Inc. a royalty generator company with a portfolio of projects focused on copper and gold that generate future royalties and near term cash payments, is pleased to report an update on the Vale-Mundoro Project exploration programs and the target compilation field work for the GT7 Copper Project in Serbia. Teo Dechev, CEO and President commented: "The Vale funded exploration program in South Timok has been [...]
Mundoro Capital Inc. is pleased to announce the Company and Vale Canada Inc. have executed a definitive option agreement for the two additional exploration areas in Timok, Serbia. As well, the Company has filed its 2020 Year End Audited Consolidated Financial Statements and Management's Discussion and Analysis on SEDAR and posted on the Company's website at www.mundoro.com. Teo Dechev, CEO and President commented [...]
Mundoro Capital Inc. announces update for the Vale-Mundoro JV Program in Serbia, that includes Phase 1 drill program at the Skorusa copper-gold porphyry system and geophysical program at the Oblez license. Both programs are located in the southern portion of the Timok Magmatic Complex west-southwest of the Cukaru Peki Deposit and the Bor mining complex. Highlights Diamond drilling is ongoing at Skorusa copper-gold [...]
Mundoro Capital Inc. announces the granting of a new exploration license totaling 98 sq. km located in the northern portion of the Serbo-Macedonian Metallogenic Province, which is part of the Tertiary Magmatic Belt in central Serbia and south of the Rudnik lead-zinc-silver mining district. Highlights The license is a copper-gold area totaling 98 sq. km in central Serbia Considered highly prospective for porphyry and [...]
Mundoro Capital Inc. is pleased to report that it has closed an over-subscribed non-brokered private placement financing raising $3,086,000 through the issuance of 19,287,500 units at $0.16 per unit, subject to final TSX approval. Each Unit consists of one common share and one-half of one share purchase warrant. Each whole share purchase warrant is exercisable into one common share at a price of $0.30 per share for a [...]
Mundoro Capital Inc. intends to undertake a private placement to raise gross proceeds of up to $3,000,000 through the issuance of up to 18,750,000 units at $0.16 per Unit. Each Unit will be comprised of one common share of the Company and one-half of one share purchase warrant. Each whole share purchase warrant is exercisable into one common share at a price of $0.30 per share for a period of 24 months following the [...]
Mundoro Capital Inc. | www.mundoro.com) is pleased to announce mobilization of drill rigs for drilling at the Skorusa license . Skorusa is one of the licenses being sole funded by Vale Canada as part of the Earn-in Agreement announced October 2019. Skorusa is located in the southern portion of the Timok Magmatic Complex directly southwest of Bor mining camp. Timok is one of the most prolific metallogenic domains in the [...]