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Mundoro Mobilises Drill to Gold Target in Bulgaria
Mar. 07, 2017 09:11AM PST
Precious Metals InvestingMundoro Capital (TSXV:MUN) (www.mundoro.com) (“Mundoro” or the “Company”) is pleased to announce a drill rig has been mobilized to the Angel Vyvoda (“Angel”) gold target on the Company’s Zvezda license (“Zvezda”). Zvezda is one of two large and contiguous exploration licenses located in south-eastern Bulgaria in the Rhodopean Region and is part of the Tethyan …
Mundoro Capital (TSXV:MUN) (www.mundoro.com) (“Mundoro” or the “Company”) is pleased to announce a drill rig has been mobilized to the Angel Vyvoda (“Angel”) gold target on the Company’s Zvezda license (“Zvezda”). Zvezda is one of two large and contiguous exploration licenses located in south-eastern Bulgaria in the Rhodopean Region and is part of the Tethyan metallogenic belt.
As quoted in the press release:
Teo Dechev, CEO & President of Mundoro commented, “We are looking forward to drill test the Angel gold target which our geological team discovered through soil geochemistry, mapping and structural analysis. Based on the data compiled to date, we believe the Angel gold target may be geologically analogous to the nearby Ada Tepe deposit at the Krumovgrad Project currently under construction by Dundee. We expect to complete drilling by the end of April 2017 and to release assay results around the end of May 2017.”
