Mundoro Drilling Confirms Extension of Alteration at Borsko in Serbia, Assays Pending
Mundoro Capital Inc. (TSX VENTURE:MUN) (www.mundoro.com) (“Mundoro” or the “Company”) is pleased to announce that the previously announced 3000 meter drill program at the Company’s Borsko Jezero license (“Borsko”) has been completed with 3990 meters over four drill holes, Figure 1: Plan Map of Drillhole Locations. The core from the four drill holes has been cut …
Mundoro Capital Inc. (TSX VENTURE:MUN) (www.mundoro.com) (“Mundoro” or the “Company”) is pleased to announce that the previously announced 3000 meter drill program at the Company’s Borsko Jezero license (“Borsko”) has been completed with 3990 meters over four drill holes, Figure 1: Plan Map of Drillhole Locations. The core from the four drill holes has been cut and sampled with all assay results expected by mid-December 2017.
As quoted in the press release:
Teo Dechev, CEO & President of Mundoro commented, “As a result of the drilling at Target 1 in Borsko in 2017, our exploration team has successfully found the right hydrothermal alteration environment that has the potential to host a copper-gold high-sulphidation epithermal system. The drilling has now extended the alteration zone and with downhole geophysical work to be completed by the end of this year, we will have geochemical and geophysical data as vectors to sulphide mineralization. The alteration and mineralization we have intercepted in the drill core thus far at Borsko provide support for the project’s potential to host a copper-gold epithermal and porphyry system.”
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