Mundoro Commences Drilling at High Priority Skorusa East Target

Mundoro Capital Inc. has initiated drilling operations at the Skorusa East target, a high-priority exploration area within the Central Timok project located in Serbia's Timok Magmatic Complex. This drilling program represents a significant milestone in the company's exploration strategy for the region, which is known for its mineral potential.

The drilling activities are being conducted under a previously announced option earn-in agreement with BHP, where the global mining giant is providing sole funding for exploration activities. This partnership arrangement provides Mundoro with access to BHP's technical expertise and financial resources while maintaining the company's exposure to potential discoveries in the highly prospective Timok region.

The Timok Magmatic Complex in Serbia has garnered significant attention from the mining industry due to its geological characteristics and mineral potential. The commencement of drilling at the Skorusa East target demonstrates continued confidence in the area's exploration prospects and represents the next phase of systematic exploration under the BHP partnership.

For Mundoro shareholders, this development signals progress in advancing the company's Serbian assets while minimizing financial risk through the earn-in structure. The drilling results from Skorusa East will be closely watched as they could provide important insights into the broader mineral potential of the Central Timok project and validate the ongoing exploration strategy in this emerging mining district.