Mundoro and BHP Launch First Drilling Campaign at South Timok Copper Project in Serbia

The latest announcement is out from Mundoro Capital ( (TSE:MUN) ).

Mundoro Capital has begun the first diamond drilling program at its South Timok Project in Serbia, part of an option earn-in agreement under which BHP is fully funding exploration while Mundoro operates the work and earns operating fees and annual option payments. The campaign, comprising up to 2,500 metres of drilling across four contiguous licenses covering roughly 306 square kilometres in the Timok Magmatic Complex, will test multiple geophysical targets interpreted as potential undercover porphyry systems and is expected to refine the geological model in a district situated south of the Bor Mine Complex, underscoring Mundoro’s strategy of advancing copper-focused exploration projects through funded partnerships that can enhance its royalty-generating portfolio.

More about Mundoro Capital

Mundoro Capital Inc. is a publicly listed mineral exploration and development company traded on the TSX-V in Canada and OTCQB in the USA, with a portfolio focused primarily on base and precious metals, predominantly copper. The company structures its assets to generate near-term cash payments and create royalties on mineral properties optioned to partners, concentrating its exploration efforts in the Western Tethyan Belt in Eastern Europe and the Laramide Belt in the southwestern United States.

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Technical Sentiment Signal: Buy

Current Market Cap: C$46.44M

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