Mundoro Updates Serbia Geophysics and Exploration Programs

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Mundoro Capital Inc. (MUN.V) provided an update on its geophysics program as part of the exploration activity in Serbia. The company's exploration work continued with regional and project scale geophysical data interpretation and targeting.

Regional Airborne Magnetic and Gravity data covering an area of 8000 sq. km were processed, gridded, interpreted and used for targeting over the Timok Magmatic Complex, located in Eastern Serbia.

As a result, 22 prospective porphyry/epithermal targets were identified for follow up, eight of which fall within 100% owned Mundoro's exploration licenses.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

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This article appears in: Investing , Commodities

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