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Mundoro Receives New Copper-Gold Project in Serbia
Vancouver, British Columbia--(Newsfile Corp. - March 30, 2021) - Mundoro Capital Inc. (TSXV: ...
About this update from Mundoro Capital Inc.
[{"type":"text","content":"Mundoro Receives New Copper-Gold Project in SerbiaVancouver, British Columbia--(Newsfile Corp. - March 30, 2021) - Mundoro Capital Inc. (TSXV: MUN) (OTCQB: MUNMF) (www.mundoro.com) (\"Mundoro\" or the \"Company\") announces the granting of a new exploration license totaling 98 sq. km located in the northern portion of the Serbo-Macedonian Metallogenic Province, which is part of the Tertiary Magmatic Belt in central Serbia and south of the Rudnik lead-zinc-silver mining district.HighlightsThe license is a copper-gold area totaling 98 sq. km in central Serbia (\"GT7 Copper Project\", \"Project\")Considered highly prospective for porphyry and related epithermal mineralizationLocated 40 km southeast of the Rudnik lead-zinc-silver mining districtAt least four historically recorded base metal occurrences within the ProjectHistorical data collection underway with exploration programs commencing this summerFurther applications have been submitted across key mineralized belts in SerbiaTeo Dechev, CEO and President commented: \"We are delighted to be granted this new copper-gold project area in Serbia. GT7 Copper Project contains exposures of diorite porphyry copper-gold type quartz stockwork mineralization and likely to related precious and base metals veins in surrounding sedimentary country rocks.\" \"Our field team will advance exploration in the summer, focusing on the priority targets defined from initial field reconnaissance. In the meantime, we will commence marketing the project to potential partners seeking drill ready targets for copper-gold exploration in a prospective mineral belt in Serbia. Mundoro has also applied for additional projects in key belts in Serbia to which we await the results of these applications.\"Follow our weekly updates on: LinkedIn and Twitter: @MundoroProject SummaryProject LocationGT7 Copper is located approximately 150km south of Belgrade, the capital of Serbia, and near Kraljevo and Kragujevac, the largest industrial centers of Serbia (see Figure 1). GT7 Copper covers 98 sqkm of the northern portion of the Serbo-Macedonian Metallogenic Province, part of the Tertiary Magmatic Belt. The Tertiary Magmatic Belt is an emerging belt which is host to several lead-zinc-base metal vein and carbonate replacement type of deposits with recently recognized potential for porphyry and epithermal copper-gold deposit...