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Mundoro Commences the 2025 Summer Drill Program at Borsko with BHP
Vancouver, British Columbia--(Newsfile Corp. - June 23, 2025) - Mundoro Capital Inc. (TSXV: MUN) ...
About this update from Mundoro Capital Inc.
[{"type":"text","content":"Mundoro Commences the 2025 Summer Drill Program at Borsko with BHPVancouver, British Columbia--(Newsfile Corp. - June 23, 2025) - Mundoro Capital Inc. (TSXV: MUN) (OTCQB: MUNMF) (www.mundoro.com) (\"Mundoro\" or the \"Company\") is pleased to announce the commencement of its summer drill program at the Borsko Project, part of the BHP-Mundoro option earn-in agreement in the Central Timok Magmatic Complex (\"TMC\") in Serbia.The Borsko Project, covering approximately 40 sq. km, is strategically situated directly west of the established Bor Mine and lies along a parallel structural corridor within the highly prospective TMC. To date, exploration has identified several key targets. Notably, Target 1 (see Figure 1) is an undercover, well-preserved alteration lithocap, extending approximately 1.6 km by 1 km. This intact lithocap, representing the upper portion of a preserved hydrothermal system with classic alteration zonation indicative of a nearby porphyry, was initially identified through geophysical techniques and drill testing. Building on the understanding gained from Target 1, the exploration team has since identified a similar geophysical anomaly in the northwest portion of the license (Borsko NW Target in Figure 1). The new Borsko NW Target will be the focus of an initial 1,000-meter drill hole. The drill rig was mobilized in June with drilling anticipated to conclude in Q3-2025. The program is solely funded by BHP as part of the approved work program and operated by Mundoro's operations team.The Timok region in eastern Serbia is a well known mining district with over a century of mining operations, with approximately 4 billion tonnes in porphyry systems across five known mines. The Timok Magmatic Complex is host to some of the largest copper-gold porphyry deposits in the western Tethyan Belt, including Cukaru-Peki (high sulphidation epithermal copper-gold and porphyry copper), the Bor Mining Complex (copper-gold porphyry), Veliki Krivelj and Majdanpek (both copper-gold porphyry open-pit mines), and the recently re-opened Cerovo porphyry copper-gold open-pit mine. The Company believes Borsko's strategic location within the prolific TMC positions it favorably for discovery.Figure 1 - Location Map of Borsko in Timok Region, Serbia.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/24...