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Mundoro Capital ( (TSE:MUN) ) has issued an announcement.
Mundoro Capital’s 2025 review highlights the expansion of its partnership with BHP in Serbia, where an option agreement on seven exploration licenses in the Timok Magmatic Complex allows BHP to earn full project ownership through significant long-term exploration spending, while Mundoro retains a royalty and ongoing payments. The company also advanced drilling at its BHP-Mundoro Trstenik joint venture in Serbia, completed a premium-priced and oversubscribed private placement—its first equity raise since 2021—to fund an expanded copper-focused generative program in the western United States, and moved its 100%-owned Arizona assets, including Copperopolis and Dos Cabezas, into a more partner-ready stage. Looking ahead to 2026, Mundoro and BHP plan to prioritize and rank multiple drill targets across the Central Timok licenses, focusing on large porphyry and epithermal systems such as Tilva Rosh, Skorusa and Markov Kamen, which could materially enhance Mundoro’s project pipeline and future royalty potential if exploration success continues.
More about Mundoro Capital
Mundoro Capital Inc. is a Vancouver-based mineral exploration company that operates under a prospect generator model, focusing on copper and gold projects. The company builds and advances portfolios of exploration licenses—primarily in Serbia’s Timok Magmatic Complex and in the western United States, including Arizona—while relying on major partners to fund exploration, thereby limiting shareholder dilution and generating potential royalty exposure.
Average Trading Volume: 36,100
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$25.86M
For detailed information about MUN stock, go to TipRanks’ Stock Analysis page.