In a recent announcement, Mundoro Capital Inc. (TSXV: MUN | OTCQB: MUNMF | www.mundoro.com) shared insights into its significant progress throughout 2023 and outlined ambitious plans for the year ahead. The company celebrated a year marked by extensive field programs, fruitful partnerships, and strategic advancements across multiple projects spanning various countries. Notably, the collaborative efforts with partners resulted in the identification of numerous drill targets, showcasing Mundoro’s commitment to exploration and value creation.
Throughout 2023, Mundoro managed nine active projects with four partners and executed partner-funded programs, totaling exploration expenditures of approximately $14 million. These initiatives propelled multiple targets to drill-ready phase, validating the company’s strategy of disciplined exploration and prospect generation.
Looking ahead to 2024, Mundoro anticipates regaining 100% control of certain projects following the termination of agreements with Vale Base Metals. This transition presents new partnership opportunities in districts known for their rich mining heritage and substantial mineral deposits. The company remains dedicated to delivering value to shareholders through strategic partnerships and continued exploration.
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