Business
Mundoro Announces Drilling Results from Tilva Rosh Prospect in Serbia
VANCOUVER , Aug. 19, 2014 /CNW/ - Mundoro Capital Inc. (TSXV: MUN, www.mundoro.com )...
About this update from Mundoro Capital Inc.
[{"type":"text","content":"\n\n\nVANCOUVER, Aug. 19, 2014 /CNW/ - Mundoro Capital Inc. (TSXV: MUN, www.mundoro.com) (\"Mundoro\" or the \"Company\") is pleased to announce drilling results\n from its Tilva Rosh prospect within the Savinac exploration license in\n northeastern Serbia. The Savinac license covers 90 km2 and is located within the Timok Magmatic Belt, approximately 20 km\n southeast of the Bor mining camp.\n\n\nTeo Dechev, CEO and President of Mundoro commented, \"This initial\n drilling program at Tilva Rosh was designed to test step-out extensions\n of the mineralization down dip and along strike. The initial drilling\n results have successfully demonstrated continuation of surface\n mineralisation at depth, along strike and are encouraging as management\n believes the results are vectoring towards a deeper mineralisation\n source.  The mineralization is open to the north, south and at depth.\"\n\n\nSix inclined diamond drill holes totaling 917.8 m were drilled at the\n southern portion of Tilva Rosh system to test the vertical extent of\n the gold mineralization, which was previously confirmed by high grade\n trenching results of 12 m @ 33.03 g/t AuEq (30.39 g/t Au, 171.27 g/t\n Ag) (see October 21, 2013 press release). The drill holes were designed\n to test the down dip mineralization to a maximum of 150 m down dip. \n Collar locations are shown on Figure 1 -Tilva Rosh Drill Plan. Cross section of interpreted geology shown in Figure 2 - Tilva Rosh - Cross Section A-A'.\n\n\nTable 1: Summary of significant results from drill holes SAV01 to SAV06.\n\n\n\n\nDrill Hole ID\n\n\nFrom \n(m)\n\n\nTo\n(m)\n\n\nInterval \n(m)\n\n\nAu (g/t)\n\n\nCu (%)\n\n\nAg (g/t)\n\n\nAuEq \n(g/t)\n\n\nCuEq \n(%)\n\n\n\n\nSAV_01\n    Including\n\n    Including\n\n\n11\n\n\n18\n\n\n7\n\n\n7.90\n\n\n_\n\n\n46.74\n\n\n8.68\n\n\n_\n\n\n\n\n13\n\n\n15\n\n\n2\n\n\n24.98\n\n\n_\n\n\n128.05\n\n\n21.11\n\n\n_\n\n\n\n\n13\n\n\n14\n\n\n1\n\n\n42.90\n\n\n_\n\n\n199\n\n\n46.22\n\n\n_\n\n\n\n\n126\n\n\n133\n\n\n7\n\n\n0.35\n\n\n_\n\n\n2.76\n\n\n0.40\n\n\n \n\n\n\n\nSAV_02\n\n\n30\n\n\n40\n\n\n10\n\n\n0.34\n\n\n_\n\n\n2.16\n\n\n0.38\n\n\n_\n\n\n\n\n67.7\n\n\n71.8\n\n\n4.1\n\n\n0.62\n\n\n_\n\n\n2.36\n\n\n0.66\n\n\n_\n\n\n\n\n95.6\n\n\n100.0\n\n\n4.4\n\n\n0.54\n\n\n_\n\n\n6.38\n\n\n0.65\n\n\n_\n\n\n\n\nSAV_03\n  &#x...