# 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--ceef42e7-c968-4bda-93f4-ab20ebcd1b1a

Original source: https://orestocks.com/company/MUN.V/press-releases/6118941477492072

Publisher: orestocks

Original announcement: 2026-08-31T15:33:09.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Mundoro Capital Inc.

- Ticker: MUN.V

- Exchange: Unavailable

- Region: Serbia

- Primary commodity: Copper

- Secondary commodities: Gold, Lead, Zinc, Molybdenum

- Document categories: Drill results, Other

- Extracted: 2026-08-31 16:19:02 UTC

Narrative sentiment: 0.10 · Bullish

## Minestarters Atlas summary

Mundoro Capital Inc. announced Q2 2026 financial results and an update on its exploration programs in Serbia, Bulgaria, and Arizona. Recent drilling in Serbia did not yield economic-grade intercepts but provided crucial geological data for refining porphyry targets at Skorusa East, Skorusa West, and Borsko. The company reported increased exploration expenditures and fee income, alongside ongoing permitting delays for its Bulgarian projects.

Reasoning: Mundoro Capital Inc. reported new drill results from Serbia that, while not economic, provide crucial geological data for refining porphyry targets. The company also highlighted increased exploration expenditures and fee income, but noted ongoing permitting delays for its Bulgarian projects. The overall sentiment is cautiously positive due to exploration progress and target refinement, despite the lack of economic intercepts.

- Positive factor: QA/QC disclosed and QP signed off

- Positive factor: Increased exploration expenditures

- Positive factor: Strategic partnerships with BHP and JOGMEC

- Positive factor: Drill results provide valuable geological insights for target refinement

- Positive factor: Identification of supergene enrichment and porphyry-style alteration

- Negative factor: No economic-grade intervals identified in reported drill holes

- Negative factor: Partial assay results for one hole

- Negative factor: Permitting delays in Bulgaria

- Negative factor: True widths not known for reported intercepts

Facts used in scoring: 14

## 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: The release includes a detailed 'Quality Assurance and Quality Control' section mentioning internal QA/QC validation, certified reference materials, blanks, field duplicates, and laboratory's internal quality control procedures.

Evidence · text

> All sampling and analytical work has been carried out under the supervision of the Qualified Person and in accordance with industry standard practice. Drill core was cut in half by diamond saw, with one half submitted for analysis and the other retained on site for reference. Samples were prepared and analysed by ALS-Bor \(Serbia\), Rosia Montana \(Romania\), Loughrea \(Ireland\), which is independent of the Company and accredited to ISO/IEC 17025. Multi-element analyses, including copper, were completed by ME-MS61L method after four-acid digestion and achieved via ICP-MS, and gold by Au-AA24 method by fire assay of 50 g sample and AAS finish, with over-limit results re-assayed by GRA22 for Au and OG62 method for multi-element analysis. Certified reference materials and blanks were inserted into the sample stream at a rate of one in every 20 samples alternating, and field duplicates were inserted into the sample stream at a rate of one in every 25 samples, in addition to the laboratory's internal quality control procedures. All quality control results were reviewed by the Qualified Person and were found to be within acceptable limits.

**QP/CP Signed**

Polarity: positive

Story-specific tag

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: The scientific and technical information has been reviewed and approved by Humberto Brockway, EurGeol, a Qualified Person as defined by NI 43-101.

Evidence · text

> 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 has been reviewed and approved by Humberto Brockway, EurGeol, a Qualified Person as defined by NI 43-101 and Director of Exploration to the Company.

**Apparent Width Only**

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: The document explicitly states that 'Intervals are downhole lengths; true widths are not known at this time' for the reported assay intervals.

Evidence · text

> Intervals are downhole lengths; true widths are not known at this time.

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: While the document mentions 'Dashes denote values below the reporting threshold for that element', it does not explicitly state the cut-off grade used for compositing the reported intervals.

Evidence · text

> Dashes denote values below the reporting threshold for that element.

**Exploration Drilling**

Polarity: neutral

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: The drilling is described as 'target refinement', 'delineate potential porphyry source', and 'establishing a vector to a potential potassic zone', indicating an exploration stage rather than resource definition.

Evidence · text

> Target Refinement & Drill Proposals:Established formal drill proposals targeting three prospective areas: Borsko — Integration of early veinlets stockwork, cross-cutting relationships, and alteration data from relogging with geochemical and geophysical datasets to refine Target 1 and delineate potential porphyry source to the southeast. Skoursa East — Evaluation of alteration and geochemical vectors indicating a concealed porphyry center at depth to the southeast, beneath established advanced argillic assemblages. Skorusa West — Establishing a vector to a potential potassic zone to the northwest and at depth, supported by observed porphyry-style mineralization and geochemical signatures.

**Low Grade**

Polarity: negative

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: The company explicitly states that 'no economic-grade intervals were identified' in the Skorusa East drilling campaign, and the reported grades are generally low for porphyry-style mineralization.

Evidence · text

> Upon completion of internal QA/QC validation, the Company confirmed that although no economic-grade intervals were identified, the full assay suite for the Skorusa East campaign provided valuable geological insights

**Target Refinement**

Polarity: positive

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: The drill results, despite not being economic, are stated to 'serve as important indicators for target refinement' and have 'successfully established a prospective vector southeast of hole 26-SKO-09'.

Evidence · text

> While these intersections do not represent economic mineralization, they serve as important indicators for target refinement. Specifically, the increasing copper tenor, elevated Cu/Zn ratios at depth, and persistent chalcopyrite below 400 m in 26-SKO-09 support the Company’s model: that current drilling has tested the lithocap and peripheral alteration zones of a porphyry system, leaving the potassic core untested. Integrating these findings with historical alteration data from Skorusa East has successfully established a prospective vector southeast of hole 26-SKO-09.

## Extracted facts

Stored fact records: 14. Some facts used in scoring do not have a stored record.

## Drill Results (14)

### 26-SKO-08

[Link to this fact](https://atlas-staging.minestarters.com/news/mundoro-reports-progress-on-exploration-programs-and-financial-results--ceef42e7-c968-4bda-93f4-ab20ebcd1b1a#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.V

#### Geometry

- Grade: 0.095
- Grade Unit: %
- Intercept: 6 m
- From: 22 m
- To: 28 m

#### Classification

- Deposit Type: porphyry
- Program: exploration
- Sample Type: drill
- Group ID: 26-SKO-08:22.0-28.0
- Mining Method: open\_pit

#### QA/QC

- Laboratory: ALS-Bor \(Serbia\), Rosia Montana \(Romania\), Loughrea \(Ireland\)
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates, check\_assays

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-31T00:00:00.000Z

Reasoning: Low-grade copper intercept identified in a supergene enrichment zone, providing geological insight despite not being economic.

- Positive factor: Supergene enrichment zone identified

- Negative factor: Low copper grade

- Negative factor: Apparent width only

Evidence · table

> 0.095

Context: 6.0

### 26-SKO-08

[Link to this fact](https://atlas-staging.minestarters.com/news/mundoro-reports-progress-on-exploration-programs-and-financial-results--ceef42e7-c968-4bda-93f4-ab20ebcd1b1a#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.V

#### Geometry

- Grade: 0.2
- Grade Unit: g/t
- Intercept: 8.1 m
- From: 46 m
- To: 54.1 m

#### Classification

- Deposit Type: porphyry
- Program: exploration
- Sample Type: drill
- Group ID: 26-SKO-08:46.0-54.1
- Mining Method: open\_pit

#### QA/QC

- Laboratory: ALS-Bor \(Serbia\), Rosia Montana \(Romania\), Loughrea \(Ireland\)
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates, check\_assays

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-31T00:00:00.000Z

Reasoning: Very low-grade gold intercept with polymetallic veining, indicating mineralization but not economic.

- Positive factor: Polymetallic veining identified

- Negative factor: Very low gold grade

- Negative factor: Apparent width only

Evidence · table

> 0.20

Context: 8.1

### 26-SKO-08

[Link to this fact](https://atlas-staging.minestarters.com/news/mundoro-reports-progress-on-exploration-programs-and-financial-results--ceef42e7-c968-4bda-93f4-ab20ebcd1b1a#fact-drill-facts-2)

Skorusa East · lead

#### Identity

- Hole ID: 26-SKO-08
- Project: Skorusa East
- Commodity: lead
- Region: serbia
- Reported Region: Serbia
- Ticker: MUN.V

#### Geometry

- Grade: 1381
- Grade Unit: ppm
- Intercept: 8.1 m
- From: 46 m
- To: 54.1 m

#### Classification

- Deposit Type: porphyry
- Program: exploration
- Sample Type: drill
- Group ID: 26-SKO-08:46.0-54.1
- Mining Method: open\_pit

#### QA/QC

- Laboratory: ALS-Bor \(Serbia\), Rosia Montana \(Romania\), Loughrea \(Ireland\)
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates, check\_assays

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-31T00:00:00.000Z

Reasoning: Anomalous lead grade associated with polymetallic veining, contributing to geological understanding.

- Positive factor: Polymetallic veining identified

- Negative factor: Anomalous lead grade

- Negative factor: Apparent width only

Evidence · text

> Pb 1,381 ppm

### 26-SKO-08

[Link to this fact](https://atlas-staging.minestarters.com/news/mundoro-reports-progress-on-exploration-programs-and-financial-results--ceef42e7-c968-4bda-93f4-ab20ebcd1b1a#fact-drill-facts-3)

Skorusa East · zinc

#### Identity

- Hole ID: 26-SKO-08
- Project: Skorusa East
- Commodity: zinc
- Region: serbia
- Reported Region: Serbia
- Ticker: MUN.V

#### Geometry

- Grade: 3000
- Grade Unit: ppm
- Intercept: 8.1 m
- From: 46 m
- To: 54.1 m

#### Classification

- Deposit Type: porphyry
- Program: exploration
- Sample Type: drill
- Group ID: 26-SKO-08:46.0-54.1
- Mining Method: open\_pit

#### QA/QC

- Laboratory: ALS-Bor \(Serbia\), Rosia Montana \(Romania\), Loughrea \(Ireland\)
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates, check\_assays

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-31T00:00:00.000Z

Reasoning: Anomalous zinc grade associated with polymetallic veining, contributing to geological understanding.

- Positive factor: Polymetallic veining identified

- Negative factor: Anomalous zinc grade

- Negative factor: Apparent width only

Evidence · text

> Zn 3,000 ppm

### 26-SKO-08

[Link to this fact](https://atlas-staging.minestarters.com/news/mundoro-reports-progress-on-exploration-programs-and-financial-results--ceef42e7-c968-4bda-93f4-ab20ebcd1b1a#fact-drill-facts-4)

Skorusa East · molybdenum

#### Identity

- Hole ID: 26-SKO-08
- Project: Skorusa East
- Commodity: molybdenum
- Region: serbia
- Reported Region: Serbia
- Ticker: MUN.V

#### Geometry

- Grade: 235
- Grade Unit: ppm
- Intercept: 4 m
- From: 358 m
- To: 362 m

#### Classification

- Deposit Type: porphyry
- Program: exploration
- Sample Type: drill
- Group ID: 26-SKO-08:358.0-362.0
- Mining Method: open\_pit

#### QA/QC

- Laboratory: ALS-Bor \(Serbia\), Rosia Montana \(Romania\), Loughrea \(Ireland\)
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates, check\_assays

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-31T00:00:00.000Z

Reasoning: Anomalous molybdenum grade in quartz-pyrite-molybdenite veining, indicating porphyry-style mineralization.

- Positive factor: Quartz-pyrite-molybdenite veining identified

- Negative factor: Anomalous molybdenum grade

- Negative factor: Apparent width only

Evidence · text

> Mo 235 ppm

### 26-SKO-09

[Link to this fact](https://atlas-staging.minestarters.com/news/mundoro-reports-progress-on-exploration-programs-and-financial-results--ceef42e7-c968-4bda-93f4-ab20ebcd1b1a#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.V

#### Geometry

- Grade: 0.052
- Grade Unit: %
- Intercept: 64 m
- From: 416 m
- To: 480 m

#### Classification

- Deposit Type: porphyry
- Program: exploration
- Sample Type: drill
- Group ID: 26-SKO-09:416.0-480.0
- Mining Method: open\_pit

#### QA/QC

- Laboratory: ALS-Bor \(Serbia\), Rosia Montana \(Romania\), Loughrea \(Ireland\)
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates, check\_assays

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-31T00:00:00.000Z

Reasoning: Very low-grade copper intercept over a broad interval, indicating peripheral alteration zones of a porphyry system.

- Positive factor: Broad zone of disseminated chalcopyrite

- Positive factor: Silica-pyrite-sericite-clay alteration

- Negative factor: Very low copper grade

- Negative factor: Apparent width only

- Negative factor: No economic-grade interval

Evidence · table

> 0.052

Context: 64.0

### 26-SKO-09

[Link to this fact](https://atlas-staging.minestarters.com/news/mundoro-reports-progress-on-exploration-programs-and-financial-results--ceef42e7-c968-4bda-93f4-ab20ebcd1b1a#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.V

#### Geometry

- Grade: 0.1
- Grade Unit: %
- Intercept: 6 m
- From: 416 m
- To: 422 m

#### Classification

- Deposit Type: porphyry
- Program: exploration
- Sample Type: drill
- Group ID: 26-SKO-09:416.0-422.0
- Mining Method: open\_pit

#### QA/QC

- Laboratory: ALS-Bor \(Serbia\), Rosia Montana \(Romania\), Loughrea \(Ireland\)
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates, check\_assays

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-31T00:00:00.000Z

Reasoning: Low-grade copper sub-interval within a broader zone, providing more specific detail on mineralization.

- Positive factor: Higher copper grade within broader zone

- Positive factor: Silica-pyrite-kaolinite alteration

- Negative factor: Low copper grade

- Negative factor: Apparent width only

- Negative factor: No economic-grade interval

Evidence · table

> 0.10

Context: 6.0

### 26-SKO-09

[Link to this fact](https://atlas-staging.minestarters.com/news/mundoro-reports-progress-on-exploration-programs-and-financial-results--ceef42e7-c968-4bda-93f4-ab20ebcd1b1a#fact-drill-facts-7)

Skorusa East · copper

#### Identity

- Hole ID: 26-SKO-09
- Project: Skorusa East
- Commodity: copper
- Region: serbia
- Reported Region: Serbia
- Ticker: MUN.V

#### Geometry

- Grade: 0.2
- Grade Unit: %
- Intercept: 6 m
- From: 426 m
- To: 432 m

#### Classification

- Deposit Type: porphyry
- Program: exploration
- Sample Type: drill
- Group ID: 26-SKO-09:426.0-432.0
- Mining Method: open\_pit

#### QA/QC

- Laboratory: ALS-Bor \(Serbia\), Rosia Montana \(Romania\), Loughrea \(Ireland\)
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates, check\_assays

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-31T00:00:00.000Z

Reasoning: Low-grade copper sub-interval within a broader zone, providing more specific detail on mineralization.

- Positive factor: Higher copper grade within broader zone

- Positive factor: Silica-pyrite-kaolinite alteration

- Negative factor: Low copper grade

- Negative factor: Apparent width only

- Negative factor: No economic-grade interval

Evidence · table

> 0.20

Context: 6.0

### 26-SKO-09

[Link to this fact](https://atlas-staging.minestarters.com/news/mundoro-reports-progress-on-exploration-programs-and-financial-results--ceef42e7-c968-4bda-93f4-ab20ebcd1b1a#fact-drill-facts-8)

Skorusa East · copper

#### Identity

- Hole ID: 26-SKO-09
- Project: Skorusa East
- Commodity: copper
- Region: serbia
- Reported Region: Serbia
- Ticker: MUN.V

#### Geometry

- Grade: 0.35
- Grade Unit: %
- Intercept: 1.5 m
- From: 476.5 m
- To: 477 m

#### Classification

- Deposit Type: porphyry
- Program: exploration
- Sample Type: drill
- Group ID: 26-SKO-09:476.5-477.0
- Mining Method: open\_pit

#### QA/QC

- Laboratory: ALS-Bor \(Serbia\), Rosia Montana \(Romania\), Loughrea \(Ireland\)
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates, check\_assays

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-31T00:00:00.000Z

Reasoning: Narrow, low-grade copper sub-interval, representing the highest copper concentration in this hole, indicating disseminated chalcopyrite.

- Positive factor: Highest copper grade in hole 26-SKO-09

- Positive factor: Disseminated chalcopyrite

- Negative factor: Low copper grade

- Negative factor: Narrow interval

- Negative factor: Apparent width only

- Negative factor: No economic-grade interval

Evidence · table

> 0.35

Context: 1.5

### 26-SKO-09

[Link to this fact](https://atlas-staging.minestarters.com/news/mundoro-reports-progress-on-exploration-programs-and-financial-results--ceef42e7-c968-4bda-93f4-ab20ebcd1b1a#fact-drill-facts-9)

Skorusa East · copper

#### Identity

- Hole ID: 26-SKO-09
- Project: Skorusa East
- Commodity: copper
- Region: serbia
- Reported Region: Serbia
- Ticker: MUN.V

#### Geometry

- Grade: 0.12
- Grade Unit: %
- Intercept: 22.3 m
- From: 689.7 m
- To: 712 m

#### Classification

- Deposit Type: porphyry
- Program: exploration
- Sample Type: drill
- Group ID: 26-SKO-09:689.7-712.0
- Mining Method: open\_pit

#### QA/QC

- Laboratory: ALS-Bor \(Serbia\), Rosia Montana \(Romania\), Loughrea \(Ireland\)
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates, check\_assays

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-31T00:00:00.000Z

Reasoning: Low-grade copper intercept associated with chlorite-epidote alteration, further indicating peripheral porphyry mineralization.

- Positive factor: Chlorite-epidote alteration

- Positive factor: Disseminated chalcopyrite

- Negative factor: Low copper grade

- Negative factor: Apparent width only

- Negative factor: No economic-grade interval

Evidence · table

> 0.12

Context: 22.3

### 26-OBL-05

[Link to this fact](https://atlas-staging.minestarters.com/news/mundoro-reports-progress-on-exploration-programs-and-financial-results--ceef42e7-c968-4bda-93f4-ab20ebcd1b1a#fact-drill-facts-10)

Tilva Rosh South · copper

#### Identity

- Hole ID: 26-OBL-05
- Project: Tilva Rosh South
- Commodity: copper
- Region: serbia
- Reported Region: Serbia
- Ticker: MUN.V

#### Geometry

- Grade: 0.25
- Grade Unit: %
- Intercept: 2 m
- From: 38 m
- To: 40 m

#### Classification

- Deposit Type: porphyry
- Program: exploration
- Sample Type: drill
- Group ID: 26-OBL-05:38.0-40.0
- Mining Method: open\_pit

#### QA/QC

- Laboratory: ALS-Bor \(Serbia\), Rosia Montana \(Romania\), Loughrea \(Ireland\)
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates, check\_assays

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-31T00:00:00.000Z

Reasoning: Low-grade copper intercept from near-surface supergene enrichment, providing initial insights for the Tilva Rosh South target.

- Positive factor: Near-surface supergene enrichment identified

- Negative factor: Low copper grade

- Negative factor: Apparent width only

- Negative factor: Partial assay results for hole

Evidence · table

> 0.25

Context: 2.0

### Including

[Link to this fact](https://atlas-staging.minestarters.com/news/mundoro-reports-progress-on-exploration-programs-and-financial-results--ceef42e7-c968-4bda-93f4-ab20ebcd1b1a#fact-drill-facts-11)

Skorusa East · copper

#### Identity

- Hole ID: Including
- Project: Skorusa East
- Commodity: copper
- Region: serbia
- Reported Region: Serbia
- Ticker: MUN.V

#### Geometry

- Grade: 0.1
- Grade Unit: %
- Intercept: 6 m
- From: 416 m
- To: 422 m

#### Classification

- Deposit Type: porphyry
- Sample Type: drill
- Group ID: Including:416-422
- Mining Method: open\_pit

#### 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 porphyry deposit band \[0.8, 0.4, 0.25, 0.15\] %. Grade×width 0.6 %·m is below.

- Negative factor: 0.1 % copper is below the weak threshold \(0.15 %\) on the porphyry deposit 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--ceef42e7-c968-4bda-93f4-ab20ebcd1b1a#fact-drill-facts-12)

Skorusa East · copper

#### Identity

- Hole ID: Including
- Project: Skorusa East
- Commodity: copper
- Region: serbia
- Reported Region: Serbia
- Ticker: MUN.V

#### Geometry

- Grade: 0.2
- Grade Unit: %
- Intercept: 6 m
- From: 426 m
- To: 432 m

#### Classification

- Deposit Type: porphyry
- Sample Type: drill
- Group ID: Including:426-432
- Mining Method: open\_pit

#### 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 weak against the porphyry deposit band \[0.8, 0.4, 0.25, 0.15\] %. Grade×width 1.2 %·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

> 0.20

Context: Including

### Including

[Link to this fact](https://atlas-staging.minestarters.com/news/mundoro-reports-progress-on-exploration-programs-and-financial-results--ceef42e7-c968-4bda-93f4-ab20ebcd1b1a#fact-drill-facts-13)

Skorusa East · copper

#### Identity

- Hole ID: Including
- Project: Skorusa East
- Commodity: copper
- Region: serbia
- Reported Region: Serbia
- Ticker: MUN.V

#### Geometry

- Grade: 0.35
- Grade Unit: %
- Intercept: 1.5 m
- From: 476.5 m
- To: 477 m

#### Classification

- Deposit Type: porphyry
- Sample Type: drill
- Group ID: Including:476.5-477
- Mining Method: open\_pit

#### 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 moderate against the porphyry deposit band \[0.8, 0.4, 0.25, 0.15\] %. Grade×width 0.5 %·m is below \(grade alone is moderate; the better of the two is used\).

- 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.