12 August, 2017

Mundoro mobilises for Phase 2 drilling at Borsko, Serbia

Canadian explorer Mundoro is mobilising for the Phase 2 drilling programme at the Borsko Jezero licence, in Serbia, with drilling expected to start later this month.

The programme is a follow-up to the first phase drilling programme completed in May, which tested for two of six generated drill targets.

Borsko is one of four licences being sole funded by Japan Oil, Gas and Metals National Corporation as part of an amended earn-in agreement, announced last year.

Borsko is located in the central portion of the Timok Magmatic Complex and is directly west of the Serbian State-operated producing mines, RTB Group’s Bor copper porphyry mine and the Veliki Krivelj copper-gold porphyry mine.

Source: miningweekly