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Mundoro-Vale Exploration Program Expands Targeting in Timok Serbia
Vancouver, British Columbia--(Newsfile Corp. - April 6, 2021) - Mundoro Capital Inc. (TSXV: ...
About this update from Mundoro Capital Inc.
[{"type":"text","content":"Mundoro-Vale Exploration Program Expands Targeting in Timok SerbiaVancouver, British Columbia--(Newsfile Corp. - April 6, 2021) - Mundoro Capital Inc. (TSXV: MUN) (OTCQB: MUNMF) (www.mundoro.com) (\"Mundoro\" or the \"Company\") announces update for the Vale-Mundoro JV Program in Serbia, that includes (i) Phase 1 drill program at the Skorusa copper-gold porphyry system (\"Skorusa\") and (ii) geophysical program at the Oblez license. Both programs are located in the southern portion of the Timok Magmatic Complex (\"Timok\") west-southwest of the Cukaru Peki Deposit and the Bor mining complex. HighlightsDiamond drilling is ongoing at Skorusa copper-gold porphyry system, along with an Audio-frequency Magneto-telluric (AMT) geophysics program at the Tilva Mare prospect.1,800 meters have been drilled over magnetic anomalies at Skorusa in three exploratory drill holes with an average depth of 600 meters (see Figure 2).Technical Committee has expanded the drill program for an additional 1,600 meters to test three additional targets within Skorusa at the West and East mineralized zones (see Figure 2). The ongoing AMT geophysical survey at the Tilva Mare prospect will identify drill targets under the cover units (see Figure 3). The prospect area is outlined by copper-in-soil geochemistry covering approximately 5 km x 5 km in the northern portion of the Oblez license.Follow our weekly updates on: LinkedIn and Twitter: @MundoroTeo Dechev, CEO & President, commented: \"The geophysical targets drill tested in the first three exploratory holes have provided valuable information to calibrate the understanding of the geophysical responses observed to the actual lithological units and mineralogy encountered. It is clear from the initial three drill holes that the targets drilled are in the periphery and distal to a porphyry system. The Technical Committee is expanding the target testing to additional targets focusing on depth extension at the West Zone and depth extension at a geochemical anomaly at the East Zone and a new geophysical ground magnetic anomaly south of the East Zone.\" \"In addition to drilling, the AMT survey is ongoing and is expected to be completed by the end of April with geophysical models expected by the end of May. The exploration team is excited to review the results to facilitate further targeting and to identify the...