# Mundoro Reports Progress on Exploration Programs and Financial Results Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/mundoro-reports-progress-on-exploration-programs-and-financial-results--9745c3f8-516c-4a6b-a020-bd11cb41bc5b Original source: https://www.globenewswire.com/news-release/2026/08/31/3353530/0/en/mundoro-reports-progress-on-exploration-programs-and-financial-results.html Publisher: globenewswire Original announcement: 2026-08-31T15:33:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Mundoro Capital Inc. - Ticker: MUN - Exchange: Unavailable - Region: Serbia - Primary commodity: Copper - Secondary commodities: Gold, Lead, Zinc, Molybdenum - Document categories: Drill results - Extracted: 2026-08-31 16:33:14 UTC Narrative sentiment: 0.10 · Bullish ## Minestarters Atlas summary Mundoro Capital Inc. reported exploration drill results from the Skorusa East and Tilva Rosh South projects in Serbia. While no economic-grade intercepts were identified, the results confirm supergene enrichment and provide geological vectors toward a potential porphyry system. Reasoning: The release reports drill results that, while not economic, provide significant geological vectors for porphyry exploration in Serbia. - Positive factor: anomalous geochemical results - Positive factor: identification of supergene enrichment - Positive factor: vectoring towards porphyry center - Negative factor: no economic-grade intervals identified - Negative factor: low-grade copper zones Facts used in scoring: 11 ## Classification and evidence **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: Release includes detailed QA/QC protocols, including blanks, standards, and duplicates, and names an accredited laboratory. Evidence · text > Certified reference materials and blanks were inserted into the sample stream **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: The drilling at Skorusa East is described as part of a campaign to refine targets and delineate porphyry sources. Evidence · text > refining the project and delineating priority drill targets ## Extracted facts Stored fact records: 11. Some facts used in scoring do not have a stored record. ## Drill Results (11) ### 26-SKO-08 [Link to this fact](https://atlas-staging.minestarters.com/news/mundoro-reports-progress-on-exploration-programs-and-financial-results--9745c3f8-516c-4a6b-a020-bd11cb41bc5b#fact-drill-facts-0) Skorusa East · copper #### Identity - Hole ID: 26-SKO-08 - Project: Skorusa East - Commodity: copper - Region: serbia - Reported Region: Serbia - Ticker: MUN #### Geometry - Grade: 0.095 - Grade Unit: % - Intercept: 6 m - From: 22 m - To: 28 m #### Classification - Sample Type: drill - Group ID: 26-SKO-08:22.0-28.0 - Mining Method: unknown #### QA/QC - Laboratory: ALS-Bor - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: blanks, standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-31T00:00:00.000Z Reasoning: Low-grade copper intercept in a supergene zone. - Positive factor: supergene enrichment ### 26-SKO-08 [Link to this fact](https://atlas-staging.minestarters.com/news/mundoro-reports-progress-on-exploration-programs-and-financial-results--9745c3f8-516c-4a6b-a020-bd11cb41bc5b#fact-drill-facts-1) Skorusa East · gold #### Identity - Hole ID: 26-SKO-08 - Project: Skorusa East - Commodity: gold - Region: serbia - Reported Region: Serbia - Ticker: MUN #### Geometry - Grade: 0.2 - Grade Unit: g/t - Intercept: 8.1 m - From: 46 m - To: 54.1 m #### Classification - Sample Type: drill - Group ID: 26-SKO-08:46.0-54.1 - Mining Method: unknown #### QA/QC - Laboratory: ALS-Bor - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: blanks, standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-31T00:00:00.000Z Reasoning: Low-grade gold intercept. ### 26-SKO-09 [Link to this fact](https://atlas-staging.minestarters.com/news/mundoro-reports-progress-on-exploration-programs-and-financial-results--9745c3f8-516c-4a6b-a020-bd11cb41bc5b#fact-drill-facts-2) Skorusa East · copper #### Identity - Hole ID: 26-SKO-09 - Project: Skorusa East - Commodity: copper - Region: serbia - Reported Region: Serbia - Ticker: MUN #### Geometry - Grade: 0.052 - Grade Unit: % - Intercept: 64 m - From: 416 m - To: 480 m #### Classification - Sample Type: drill - Group ID: 26-SKO-09:416.0-480.0 - Mining Method: unknown #### QA/QC - Laboratory: ALS-Bor - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: blanks, standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-31T00:00:00.000Z Reasoning: Large width but very low grade copper intercept. - Positive factor: extensive width - Negative factor: low grade ### 26-SKO-09 [Link to this fact](https://atlas-staging.minestarters.com/news/mundoro-reports-progress-on-exploration-programs-and-financial-results--9745c3f8-516c-4a6b-a020-bd11cb41bc5b#fact-drill-facts-3) Skorusa East · copper #### Identity - Hole ID: 26-SKO-09 - Project: Skorusa East - Commodity: copper - Region: serbia - Reported Region: Serbia - Ticker: MUN #### Geometry - Grade: 0.1 - Grade Unit: % - Intercept: 6 m - From: 416 m - To: 422 m #### Classification - Sample Type: drill - Group ID: 26-SKO-09:416.0-422.0 - Mining Method: unknown #### QA/QC - Laboratory: ALS-Bor - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: blanks, standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-31T00:00:00.000Z Reasoning: Sub-interval of 26-SKO-09. ### 26-SKO-09 [Link to this fact](https://atlas-staging.minestarters.com/news/mundoro-reports-progress-on-exploration-programs-and-financial-results--9745c3f8-516c-4a6b-a020-bd11cb41bc5b#fact-drill-facts-4) Skorusa East · copper #### Identity - Hole ID: 26-SKO-09 - Project: Skorusa East - Commodity: copper - Region: serbia - Reported Region: Serbia - Ticker: MUN #### Geometry - Grade: 0.2 - Grade Unit: % - Intercept: 6 m - From: 426 m - To: 432 m #### Classification - Sample Type: drill - Group ID: 26-SKO-09:426.0-432.0 - Mining Method: unknown #### QA/QC - Laboratory: ALS-Bor - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: blanks, standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-31T00:00:00.000Z Reasoning: Sub-interval of 26-SKO-09. ### 26-SKO-09 [Link to this fact](https://atlas-staging.minestarters.com/news/mundoro-reports-progress-on-exploration-programs-and-financial-results--9745c3f8-516c-4a6b-a020-bd11cb41bc5b#fact-drill-facts-5) Skorusa East · copper #### Identity - Hole ID: 26-SKO-09 - Project: Skorusa East - Commodity: copper - Region: serbia - Reported Region: Serbia - Ticker: MUN #### Geometry - Grade: 0.35 - Grade Unit: % - Intercept: 1.5 m - From: 476.5 m - To: 477 m #### Classification - Sample Type: drill - Group ID: 26-SKO-09:476.5-477.0 - Mining Method: unknown #### QA/QC - Laboratory: ALS-Bor - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: blanks, standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-31T00:00:00.000Z Reasoning: High-grade sub-interval within 26-SKO-09. ### 26-SKO-09 [Link to this fact](https://atlas-staging.minestarters.com/news/mundoro-reports-progress-on-exploration-programs-and-financial-results--9745c3f8-516c-4a6b-a020-bd11cb41bc5b#fact-drill-facts-6) Skorusa East · copper #### Identity - Hole ID: 26-SKO-09 - Project: Skorusa East - Commodity: copper - Region: serbia - Reported Region: Serbia - Ticker: MUN #### Geometry - Grade: 0.12 - Grade Unit: % - Intercept: 22.3 m - From: 689.7 m - To: 712 m #### Classification - Sample Type: drill - Group ID: 26-SKO-09:689.7-712.0 - Mining Method: unknown #### QA/QC - Laboratory: ALS-Bor - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: blanks, standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-31T00:00:00.000Z Reasoning: Low-grade copper intercept. ### 26-OBL-05 [Link to this fact](https://atlas-staging.minestarters.com/news/mundoro-reports-progress-on-exploration-programs-and-financial-results--9745c3f8-516c-4a6b-a020-bd11cb41bc5b#fact-drill-facts-7) Tilva Rosh South · copper #### Identity - Hole ID: 26-OBL-05 - Project: Tilva Rosh South - Commodity: copper - Region: serbia - Reported Region: Serbia - Ticker: MUN #### Geometry - Grade: 0.25 - Grade Unit: % - Intercept: 2 m - From: 38 m - To: 40 m #### Classification - Sample Type: drill - Group ID: 26-OBL-05:38.0-40.0 - Mining Method: unknown #### QA/QC - Laboratory: ALS-Bor - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: blanks, standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-31T00:00:00.000Z Reasoning: Near-surface supergene copper intercept. - Positive factor: supergene enrichment ### Including [Link to this fact](https://atlas-staging.minestarters.com/news/mundoro-reports-progress-on-exploration-programs-and-financial-results--9745c3f8-516c-4a6b-a020-bd11cb41bc5b#fact-drill-facts-8) Skorusa East · copper #### Identity - Hole ID: Including - Project: Skorusa East - Commodity: copper - Region: serbia - Reported Region: Serbia - Ticker: MUN #### Geometry - Grade: 0.1 - Grade Unit: % - Intercept: 6 m - From: 416 m - To: 422 m #### Classification - Sample Type: drill - Group ID: Including:416-422 - Mining Method: unknown #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-31T00:00:00.000Z Reasoning: Expanded from assay table. 0.1 % copper is below against the default band \[2.5, 1, 0.5, 0.25\] %. Grade×width 0.6 %·m is below. - Negative factor: 0.1 % copper is below the weak threshold \(0.25 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.10 Context: Including ### Including [Link to this fact](https://atlas-staging.minestarters.com/news/mundoro-reports-progress-on-exploration-programs-and-financial-results--9745c3f8-516c-4a6b-a020-bd11cb41bc5b#fact-drill-facts-9) Skorusa East · copper #### Identity - Hole ID: Including - Project: Skorusa East - Commodity: copper - Region: serbia - Reported Region: Serbia - Ticker: MUN #### Geometry - Grade: 0.2 - Grade Unit: % - Intercept: 6 m - From: 426 m - To: 432 m #### Classification - Sample Type: drill - Group ID: Including:426-432 - Mining Method: unknown #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-31T00:00:00.000Z Reasoning: Expanded from assay table. 0.2 % copper is below against the default band \[2.5, 1, 0.5, 0.25\] %. Grade×width 1.2 %·m is below. - Negative factor: 0.2 % copper is below the weak threshold \(0.25 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.20 Context: Including ### Including [Link to this fact](https://atlas-staging.minestarters.com/news/mundoro-reports-progress-on-exploration-programs-and-financial-results--9745c3f8-516c-4a6b-a020-bd11cb41bc5b#fact-drill-facts-10) Skorusa East · copper #### Identity - Hole ID: Including - Project: Skorusa East - Commodity: copper - Region: serbia - Reported Region: Serbia - Ticker: MUN #### Geometry - Grade: 0.35 - Grade Unit: % - Intercept: 1.5 m - From: 476.5 m - To: 477 m #### Classification - Sample Type: drill - Group ID: Including:476.5-477 - Mining Method: unknown #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-31T00:00:00.000Z Reasoning: Expanded from assay table. 0.35 % copper is weak against the default band \[2.5, 1, 0.5, 0.25\] %. Grade×width 0.5 %·m is below \(grade alone is weak; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.35 Context: Including ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.