Mundoro gets two additional exploration licenses in Serbia

The Savinac license area totals 90 square kilometers (sq.km) while Bacevica license area totals 148 sq.km, Mundoro Capital said in a statement.

The company has now been granted a total of nine exploration license areas within the highly prospective world class Timok Magmatic Complex in Serbia.

Mundoro is a well-funded, Canadian publicly listed company focused on exploration and development of precious metal projects that have the potential for production.