February 7 (SeeNews) - Canadian mineral exploration and development company Mundoro Capital has extended its exploration drilling programme at the Borsko Jezero copper-gold licence in Serbia to approximately 9,000 meters over nine drill holes.
The updated Phase I drill programme is expected to be completed by mid-March with the drill results due by the end of March, Mundoro Capital said in a statement on Wednesday.
In October, Mundoro Capital said it extended the drill programme at Borsko Jezero by 2,200 metres to a total of 7,200 metres over seven drill holes.
The Borsko Jezero licence is located in the central portion of the Timok magmatic complex directly west of Bor copper-gold system. Timok is one of the most prolific metallogenic domains in the Tethyan Belt.