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2 stories mentioning MUN.VUpdated 20d ago

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Mining & Metals

Mundoro Capital Q1 Fee Income Edges Down, Jim Scott Returns as CFO

Mundoro Capital (MUN.V) on Friday said fee income for the first quarter dipped slightly, and also announced a new chief financial officer appointment.Mundoro Capital earned $0.7 million in fee income for the quarter ended March 31, 2026, a slight decrease from the $0.74 million in fee income for the prior year period. The decrease was due to lower option fee and operator fee income as well as a lower exchange rate.The company advanced exploration areas primarily in Eastern Serbia, within the Timok Magmatic Complex (TMC), known for copper-gold deposits during the quarter. The area benefits from established infrastructure including well-serviced roads and grid power. Mundoro's licenses in this region are optioned to a BHP Group subsidiary.Mundoro has appointed Jim Scott as its chief financial officer. Scott previously held the position from June 2022 to January 2025. He takes over from Mireia Cervera Medina, who is stepping down effective July 6.Mundoro Capital shares closed down $0.015, to $0.425, on Thursday on the TSX Venture Exchange.

$MUN.V
Mining & Metals

Mundoro Capital Begins Drilling at the Skorusa East Target

Mundoro Capital (MUN.V) on Thursday said drilling is underway at the "high-priority" Skorusa East target within the Central Timok project in Serbia.The company said the project is part of the BHP-Mundoro option earn-in agreement where BHP is solely funding the exploration activities.The company said the Exploration Technical Committee approved 1,000 meters of drilling across 1 to 2 drill holes at the Skorusa East target. It added that, upon completion, the drill rig will be relocated to the high priority Tilva Rosh South target."The two drill holes in the current drilling campaign are designed to test the eastern extent of Skorusa East target with approximately 1,000 meters of drilling where there are demonstrated geochemical and alteration vectors along with a coincident magnetic anomaly," added the company.The company's shares were last seen down $0.005 to $0.42 on the TSX Venture Exchange.Price: $0.42, Change: $-0.01, Percent Change: -1.18%

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