Vancouver, British Columbia – 3rd February 2025 – Mundoro Capital Inc. (TSXV: MUN) (OTCQB: MUNMF) (www.mundoro.com) (“Mundoro” or the “Company”) is pleased to provide a summary of key achievements from 2024 and outline strategic priorities for 2025.
2024 Highlights
In 2024, Mundoro made significant progress in advancing new exploration targets, securing partnerships, and expanding its robust pipeline of projects in two mineral districts: Western Tethyan Belt in Eastern Europe and the Laramide Belt in the southwest USA.
Serbia Projects
In Serbia, Mundoro’s primary focus was on advancing exploration activities at its wholly-owned projects, including Ponor, Lipovica, Orlovac, and Vitanovac licences. The Company conducted a comprehensive programme that included a project-scale ground Audio-Magnetotelluric (AMT) survey, targeted rock and soil sampling, and reconnaissance mapping. These efforts were designed to enhance the geological understanding of the project area.
Arizona Projects
In Arizona, Mundoro’s drilling programme at the Dos Cabezas project confirmed porphyry potential and partnership opportunities. Drill results from two drill holes intersected Cu-Au-Mo and Cu-Mo-Ag mineralization. Potential partners have been approached to advance the Dos Cabezas project and Mundoro plans to advance the identified porphyry targets at Picacho to drill-ready status through further exploration and permitting.
2025 Outlook
Mundoro’s primary focus in the coming year will be to advance high-potential targets across its wholly-owned projects with the objective of securing additional joint venture partnerships. The Company will also execute exploration programmes for its partners, BHP and JOGMEC. A key element of its strategy involves ongoing generative exploration to identify and develop compelling copper and/or gold targets for drill testing.
Leadership Transition and Corporate Update
Mundoro is pleased to announce the appointment of Ms. Mireia Cervera as Chief Financial Officer (CFO), effective January 31, 2025. The Board of Directors has also approved the grant of 3,080,000 stock options and 500,000 restricted share units (RSUs) under the Company’s Equity Incentive Plan.
“We are confident that Mireia’s proven financial expertise and robust understanding of our financial systems will enhance our growth objectives,” said [Name], CEO of Mundoro.
About Mundoro Capital Inc.
Mundoro is a publicly listed company on the TSX-V in Canada and OTCQB in the USA with a portfolio of mineral properties focused primarily on base and precious metals. Mundoro’s asset portfolio generates near-term cash payments to Mundoro and creates royalties attached to each mineral property optioned to partners.
Qualified Persons
The scientific and technical information described in this Press Release has been prepared in accordance with National Instrument 43-101. The scientific and technical information for this press release has been reviewed and approved by R. Jemielita, PhD, MIMMM, a Qualified Person as defined by NI 43-101 and Chief Geologist to the Company.
For more information, please visit our website at www.mundoro.com
