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Mundoro Identifies Large-Scale Porphyry Targets in Timok Properties, Serbia and Corporate Update
Vancouver, British Columbia--(Newsfile Corp. - October 7, 2024) - Mundoro Capital Inc. (TSXV: MU...
About this update from Mundoro Capital Inc.
[{"type":"text","content":"Mundoro Identifies Large-Scale Porphyry Targets in Timok Properties, Serbia and Corporate UpdateVancouver, British Columbia--(Newsfile Corp. - October 7, 2024) - Mundoro Capital Inc. (TSXV: MUN) (OTCQB: MUNMF) (www.mundoro.com) (\"Mundoro\" or the \"Company\") is pleased to announce that it has identified four highly prospective porphyry exploration targets at the Tilva Rosh prospect area on Mundoro's 100% owned licenses. These targets are shown in Figure 1 and include:Tilva Rosh Valley: A 2 km x 2 km target area located at the junction of two significant fault structures, identified through geophysics, structural interpretation and geochemical data.Tilva Rosh North: A 3 km x 1.5 km target featuring advanced surface alteration and increasing molybdenum grades at depth, indicating potential deeper sulfide-rich porphyry zones.Tilva Rosh South: A deeper porphyry target identified through previous drilling, which demonstrated molybdenum anomalies at depth and porphyry style alteration zonation.Tilva Rosh Bridge: A 2.3 km zone linking two lithocaps, with elevated copper-gold soil anomalies and geophysical indicators suggesting potential for porphyry system.\"These targets underscore the ongoing potential for further discoveries within the Timok Magmatic Complex. This reinforces our commitment to advancing these projects through strategic partnerships with companies seeking to explore in this well-established mining district, which continues to offer substantial opportunities for additional copper porphyry discoveries,\" commented Teo Dechev, CEO and President.DiscussionThe Tilva Rosh lithocap, covering approximately 16 square kilometers, is situated in the central part of the Timok Magmatic Complex, near the highly productive Bor and Cukaru Peki Mine Complexes. Through our exploration work, we have identified four promising target areas: Tilva Rosh Valley, Tilva Rosh North, Tilva Rosh South, and Tilva Rosh Bridge. These targets show similarities to the Bor and Cukaru Peki deposits, not only in geological features but also in mineralization styles, and alteration patterns that often signal the presence of porphyry and high-sulphidation epithermal (\"HSE\") systems.Figure 1: Location Map of Targets with Geochemistry, Geophysics and Structural interpretation over Geology.To view an enhanced version of this graphic, please visit:https://...