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    gold investing

    Mundoro Commences Drilling at Tilva Rosh Gold Target in Serbia and Provides Drilling Programs Update

    Priscila Barrera
    May. 18, 2017 08:22AM PST
    Precious Metals

    Mundoro Capital Inc. (TSXV:MUN)(www.mundoro.com) (“Mundoro” or the “Company”) is pleased to announce the start of the drilling program at the Tilva Rosh gold target on the Company’s 100% owned Savinac license (“Savinac”). Savinac is one of the four exploration licenses located in the southern portion of the Timok Magmatic Complex in Serbia that are 100% …

    Mundoro Capital Inc. (TSXV:MUN)(www.mundoro.com) (“Mundoro” or the “Company”) is pleased to announce the start of the drilling program at the Tilva Rosh gold target on the Company’s 100% owned Savinac license (“Savinac”). Savinac is one of the four exploration licenses located in the southern portion of the Timok Magmatic Complex in Serbia that are 100% controlled by Mundoro.
    As quoted in the press release:

    Teo Dechev, CEO and President of Mundoro commented, “The prior drilling results at Tilva Rosh successfully followed the surface trench results of high grade gold-silver mineralisation down dip along the structure. The current program aims at defining the extent of near surface mineralisation along a 400 meters strike length and up to 100 meters depth. To date the mineralisation is open to the north, south and at depth. Mundoro is focused on drill testing select target areas in the Timok South Projects in parallel to furthering the JOGMEC funded Timok North Projects programs. We believe this parallel strategy of testing and advancing assets, through either partnerships or our own treasury, provides continuous opportunities to shareholders for creating value.”

    Click here for the full text release

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