Statistical regions of Serbia

Mundoro Provides Operational Update and Signs Definitive Option Agreement with Vale for Two Additional Exploration Areas in Timok, Serbia

Retrieved on: 
Thursday, May 6, 2021

b'Vancouver, British Columbia--(Newsfile Corp. - May 6, 2021) - Mundoro Capital Inc. (TSXV: MUN) (OTCQB: MUNMF) ( www.mundoro.com ) ("Mundoro" or the "Company") is pleased to announce the Company and Vale Canada Inc. ("Vale") have executed a definitive option agreement for the two additional exploration areas in Timok, Serbia.

Key Points: 
  • b'Vancouver, British Columbia--(Newsfile Corp. - May 6, 2021) - Mundoro Capital Inc. (TSXV: MUN) (OTCQB: MUNMF) ( www.mundoro.com ) ("Mundoro" or the "Company") is pleased to announce the Company and Vale Canada Inc. ("Vale") have executed a definitive option agreement for the two additional exploration areas in Timok, Serbia.
  • This second agreement with Vale expands our working relationship for two additional exploration areas in Timok, Serbia.
  • Historical data collection is underway with an exploration program planned for Q3-2021.\nMundoro signed definitive Option Agreement with Vale for two additional exploration areas in Timok, Serbia: Mundoro has completed and entered into an option agreement ("Option Agreement") with Vale Canada Limited ("Vale"), in which Mundoro has granted to Vale an option on two exploration licenses ("Option Projects") in Timok, Serbia.
  • Mundoro entered into a Memorandum of Understanding ("MOU") with Vale in October 2020 for these two additional exploration licenses in Serbia - see press release dated October 22, 2020 .

Mundoro-Vale Exploration Program Expands Targeting in Timok Serbia

Retrieved on: 
Tuesday, April 6, 2021

Both programs are located in the southern portion of the Timok Magmatic Complex ("Timok") west-southwest of the Cukaru Peki Deposit and the Bor mining complex.

Key Points: 
  • Both programs are located in the southern portion of the Timok Magmatic Complex ("Timok") west-southwest of the Cukaru Peki Deposit and the Bor mining complex.
  • Diamond drilling is ongoing at Skorusa copper-gold porphyry system, along with an Audio-frequency Magneto-telluric (AMT) geophysics program at the Tilva Mare prospect.
  • The approved exploration work program of US$1.9 million is in progress and primarily focused on two of the four Vale-Mundoro JV Projects - Skorusa and Oblez.
  • Both projects are located west-southwest of the Cukaru Peki epithermal-porphyry copper gold deposit and within the Timok Magmatic Complex (Figure 1).

EMX Royalty Provides an Update for Timok Royalty Property and Files a Technical Report on SEDAR

Retrieved on: 
Tuesday, March 2, 2021

EMX holds an uncapped 0.5% net smelter return ("NSR") royalty on Timok's Brestovac license, which covers the Cukaru Peki copper-gold development project.

Key Points: 
  • EMX holds an uncapped 0.5% net smelter return ("NSR") royalty on Timok's Brestovac license, which covers the Cukaru Peki copper-gold development project.
  • In addition to the original agreement covering EMX's royalty interest in the Timok Project's Brestovac license, which has already been filed by EMX on SEDAR (see EMX News Release dated October 5, 2020), EMX has now filed on SEDAR a technical report, "NI 43-101 Technical Report - Timok Copper-Gold Project Royalty, Serbia" dated February 26, 2021 by Mineral Resource Management LLC.
  • EMX congratulates Zijin on its rapid progress in developing the Timok Project, and looks forward to new advancements as the work programs progress.
  • The Company's common shares are listed on the NYSE American Exchange and TSX Venture Exchange under the symbol EMX.

Mundoro Commences Drill Program on Vale Project in Timok Serbia

Retrieved on: 
Tuesday, January 5, 2021

Skorusa is one of the licenses being sole funded by Vale Canada ("Vale") as part of the Earn-in Agreement announced October 2019.

Key Points: 
  • Skorusa is one of the licenses being sole funded by Vale Canada ("Vale") as part of the Earn-in Agreement announced October 2019.
  • Skorusa is located in the southern portion of the Timok Magmatic Complex ("Timok") directly southwest of Bor mining camp.
  • The program is expected to be completed by the end of February with assay results expected by the end of March.
  • To drive value for shareholders, Mundoro has generated a portfolio of mineral projects primarily focused on copper and gold in Serbia and Bulgaria.

Dundee Precious Metals Files NI 43-101 Technical Report Supporting the Preliminary Economic Assessment of the Timok Gold Project in Serbia

Retrieved on: 
Thursday, August 29, 2019

TORONTO, Aug. 29, 2019 (GLOBE NEWSWIRE) -- Dundee Precious Metals Inc. (TSX: DPM) (DPM or the Company) announced today that the Company has filed a National Instrument 43-101 ("NI 43-101") Technical Report supporting the updated Preliminary Economic Assessment (PEA) on its Timok Gold Project (Timok) in Serbia as previously announced in its news release dated July 15, 2019.

Key Points: 
  • TORONTO, Aug. 29, 2019 (GLOBE NEWSWIRE) -- Dundee Precious Metals Inc. (TSX: DPM) (DPM or the Company) announced today that the Company has filed a National Instrument 43-101 ("NI 43-101") Technical Report supporting the updated Preliminary Economic Assessment (PEA) on its Timok Gold Project (Timok) in Serbia as previously announced in its news release dated July 15, 2019.
  • The Technical Report and the July 15, 2019 news release are both available for review on SEDAR ( www.sedar.com ) and on the Company's website ( www.dundeeprecious.com ).
  • Since the July 15 news release, applications to extend the Potaj uka Tisnica, Bigar Istok and Umka exploration licences, which comprise the Timok Gold Project, have been approved by the Serbian government.
  • Dundee Precious Metals Inc. is a Canadian based, international gold mining company engaged in the acquisition of mineral properties, exploration, development, mining and processing of precious metals.

Nevsun Announces Release Date for Q2 2018 Financial Results

Retrieved on: 
Monday, June 25, 2018

VANCOUVER, June 25, 2018 /PRNewswire/ - Nevsun Resources Ltd. (TSX: NSU) (NYSE AMERICAN: NSU) plans to release its second quarter 2018 financial and operating results on Thursday, July 26, 2018, after close of trading.

Key Points: 
  • VANCOUVER, June 25, 2018 /PRNewswire/ - Nevsun Resources Ltd. (TSX: NSU) (NYSE AMERICAN: NSU) plans to release its second quarter 2018 financial and operating results on Thursday, July 26, 2018, after close of trading.
  • A conference call and webcast will follow on Friday, July 27, 2018, at 8AM Vancouver / 11AM Toronto, New York / 4PM London.
  • Nevsun Resources Ltd. is the 100% owner of the high-grade copper-gold Timok Upper Zone and 60.4% owner of the Timok Lower Zone in Serbia.
  • Nevsun is well positioned with a strong debt-free balance sheet to grow shareholder value through advancing Timok to production.

Nevsun Receives Strong Support from Shareholders at 2018 AGM

Retrieved on: 
Tuesday, May 1, 2018

Nevsun's approach to executive compensation (say on pay) was accepted by an 89% majority of the votes cast at the Meeting and shows its shareholders are confident in Nevsun's approach to executive compensation.

Key Points: 
  • Nevsun's approach to executive compensation (say on pay) was accepted by an 89% majority of the votes cast at the Meeting and shows its shareholders are confident in Nevsun's approach to executive compensation.
  • Nevsun Resources Ltd. is the 100% owner of the high-grade copper-gold Timok Upper Zone and 60.4% owner of the Timok Lower Zone in Serbia.
  • Nevsun generates cash flow from its 60% owned copper-zinc Bisha Mine in Eritrea.
  • Nevsun is well positioned with a strong debt-free balance sheet to grow shareholder value through advancing Timok to production.