Mundoro Announces Drilling Results from Tilva Rosh Prospect in Serbia

Vancouver, British Columbia (ots/PRNewswire) -

Mundoro Capital Inc. ("Mundoro" or the "Company") is pleased to
announce drilling results from its Tilva Rosh prospect within the
Savinac exploration license in northeastern Serbia. The Savinac
license covers 90 km[2] and is located within the Timok Magmatic
Belt, approximately 20 km southeast of the Bor mining camp.

Teo Dechev, CEO and President of Mundoro commented, "This initial
drilling program at Tilva Rosh was designed to test step-out
extensions of the mineralization down dip and along strike. The
initial drilling results have successfully demonstrated continuation
of surface mineralisation at depth, along strike and are encouraging
as management believes the results are vectoring towards a deeper
mineralisation source. The mineralization is open to the north, south
and at depth."

Six inclined diamond drill holes totaling 917.8 m were drilled at
the southern portion of Tilva Rosh system to test the vertical extent
of the gold mineralization, which was previously confirmed by high
grade trenching results of 12 m @ 33.03 g/t AuEq (30.39 g/t Au,
171.27 g/t Ag) (see October 21, 2013 press release). The drill holes
were designed to test the down dip mineralization to a maximum of 150
m down dip. Collar locations are shown on Figure 1 -Tilva Rosh Drill
Plan [http://mundoro.com/sites/default/files/Drilling-Plan_0.jpg ].
Cross section of interpreted geology shown in Figure 2 - Tilva Rosh -
Cross Section A-A'
[http://mundoro.com/sites/default/files/Section-A1.jpg ].

Table 1: Summary of significant results from drill holes SAV01 to
SAV06.

From To Interval AuEq CuEq
Drill Hole ID (m) (m) (m) Au (g/t) Cu (%) Ag (g/t) (g/t) (%)
SAV_01
Including
Including 11 18 7 7.90 _ 46.74 8.68 _
13 15 2 24.98 _ 128.05 21.11 _
13 14 1 42.90 _ 199 46.22 _
126 133 7 0.35 _ 2.76 0.40
SAV_02 30 40 10 0.34 _ 2.16 0.38 _
67.7 71.8 4.1 0.62 _ 2.36 0.66 _
95.6 100.0 4.4 0.54 _ 6.38 0.65 _
SAV_03
Including 71.0 76.0 5.0 2.54 0.59 15.54 3.73 2.36
74.0 74.7 0.7 10.35 1.47 50.10 13.52 8.54
SAV_04
Including 42.2 51.3 9.1 1.24 0.33 9.00 1.91 1.21
43.3 47.3 3.0 1.45 0.58 14.60 2.61 1.65
SAV_05
Including
Including 29 50.2 21.2 0.25 _ 1.78 0.28 _
30.4 36.0 5.6 0.43 _ 3.30 0.49 _
46.2 50.2 4.0 0.35 0.14 3.88 0.63 0.40
SAV_06 38.50 42.90 4.4 0.59 0.21 14.95 1.17 0.74

Gold Equivalent ("AuEq.") is calculated using the formula AuEq =
(g/t/Au) + (g/t/Ag) + ($/ozAu)/65 + [(%Cu) x (22.0462) x ($/lbCu)] /
[(1/31.1035) x ($/ozAu)]. Copper equivalent (CuEq%) is calculated
using the formula CuEq = (%Cu) + [(g/t/AuEq) x (1/31.1035) x
($/ozAu)] / [(22.0462) x ($/lbCu)]. Metal prices used are: gold price
of US$1300/oz, copper price of US$3/lb, and silver price US$20/oz.All
thicknesses from intersections from drill holes are down-hole drilled
thicknesses or outcrop sample length thickness.

The Tilva Rosh drilling program has demonstrated continuation of
surface mineralisation at depth and along strike of a north-west
structure responsible for the high grade gold. The Au-Ag
mineralization identified in the in-soil geochemistry anomaly and
confirmed in the trenching, has now been confirmed at a depth to 76m,
along strike for 100 m (50 m to south and 50 m to north) and remains
open in all directions. Copper mineralisation was intersected at
depth in four of the six drill holes (SAV03-SAV06). Management
believes copper was not present at surface due to the highly acidic
nature of the lithocap in the area caused by the high pyrite content
in the system. The eastern most drill holes, SAV02 and SAV05,
intersected the highest lead-zinc contents (up to 2.2 % Zn and 0.6 %
Pb) suggesting lateral zoning indicative of porphyry style
hydrothermal system.

These initial drill results at Tilva Rosh are encouraging and are
interpreted to be proximal to a Cu-Au porphyry system related to a
large area of advanced argillic lithocaps to the north, highlighted
with a central Mo anomaly rimmed by Cu and followed outwards to zones
of Pb-Zn. This is classic geochemical signatures of porphyry deposit
footprints and where the company believes exist further porphyry
drill targets.

Drill Hole Highlights of Tilva Rosh Prospect

Over the past 18 months Mundoro has conducted geochemical,
mapping, trenching, ground magnetic surveys over this license as well
as compiling historic data, targeting epithermal and porphyry Cu-Au
systems. This work has outlined the Savinac mineralised belt (9 km by
2 km) which includes the Tilva Rosh epithermal system expressed on
the surface with a large area of advanced argillic alteration
covering 4km by 1km. Tilva Rosh prospect was explored previously in
late 1970's and early 2000's but significant gold mineralisation and
porphyry Cu-Au potential was identified by Mundoro's exploration in
Q4-2013.

SAV 01 intersected a hydrothermal breccia and veinlet zone similar
to the out-cropping high grade (69.7 m). At 102.3m the hole cut
argillic altered feldspar andesite porphyry with quartz veinlets and
pyrite content 2-5% throughout and minor chalcopyrite mineralisation
at 150.9m.

SAV 02 intersected 8.5 meters of iron oxide breccia with
silicified clasts and continued in a hydrothermal breccia with pyrite
down to 40.3 m. As in SAV 01, it then cut andesite feldspar porphyry
from 30.9 m to the end of the hole (158.7 m). SAV 02 is characterized
by more faulting and veining of the andesite porphyry and
sphalerite-galena mineralisation in the quartz veins.

SAV 03 collared in a quartz-iron oxide hydrothermal breccia which
continued down to 48.7 m. From 52.5 m to 82.6 m the drill hole
intersected a fault zone which contains semi-massive pyrite
chalcopyrite-chalcocite mineralisation from 69.9 m to 74.7 m (4.8 m).
A-type porphyry veins were noted from 115.6 m to 121 m (5.4 m)
passing to gypsum/anhydrite stockwork veining and quartz-pyrite
veinlets to the end of the hole.

SAV 04 collared in hydrothermal breccia and intersected
quartz-pyrite in andesite and lithic tuff which is moderately
argillic altered with rare pyriteplus or minuschalcopyrite veinlets
(from 23.8 m to 29.8 m). From 41.3 m, the drill hole intersected
fault breccia with quartz-massive pyrite-sphalerite plus or minus
galena veins containing up to 30% pyrite. From 52.4 m the drill hole
intersected andesite feldspar porphyry, cross cut by quartz-pyrite
vein and veinlets, vuggy texture quartz-pyrite-sphaleriteplus or
minusgalena vein with massive pyrite up to 15%) and a hydrothermal
breccia zones with quartz-pyrite veins.

SAV 05 collared in argillic altered andesite porphyry with quartz
veinlets with disseminated pyrite and pyrite in fracture fills 1-3%
continuing to the end of hole (149.7 m). From 19.3 m to 94.5 m the
drillhole cut through a fault and quartz vein zone containing
irregular pyrite-barite-sphalerite galena mineralisation.

SAV 06 is the shortest hole drilled (116.3 m). It cut
quartz-hydrothermal breccia from 0 m to 8.6 m hosted in lithic tuff
and continued in andesitic tuff with ~1% pyrite to 38.6 m. From 38.6
m to 67.2 m it entered a fault zone containing quartz veins with 1-2%
pyrite and finished in silicified and brecciated andesite containing
pyrite and anhydrite veining.

Sampling, Analysis and Qualified Person

Drill hole orientations were surveyed at approximately 50 meters
intervals. Drill core was collected from drill sites by the Company's
geologists and processed and sampled at the Company's core shed
according to industry best practice standard procedures. Samples were
collected as half PQ or HQ core at one meter lengths from mineralised
intervals and two meter lengths from none mineralised intervals.
Where necessary the sampling lengths were adjusted to reflect the
geological boundaries.

All samples are assayed using 50 gram fire assay with atomic
absorption finish and ME-ICP61 by ALS Romania. The entire sample was
crushed to 2mm, then split off a 1 kg sample and pulverized the split
to better than 85% passing 75 microns. Quality Assurance and Quality
Control procedures include the systematic insertion of standards and
duplicates into the sample streams. Duplicate core samples are taken
every 25 samples and standards and blanks are inserted after every
20th sample. All data collected from detailed logging and assay
results from the laboratories are routinely verified and entered in
an Access data base.

Technical information contained in this Press Release has been
reviewed and approved by Mr. G. Magaranov, P. Geo., Qualified Person
as defined by National Instrument 43-101.

On behalf of the Company,

Teo Dechev, Chief Executive Officer, President and Director

About Mundoro Capital Inc.

Mundoro is a well-funded, Canadian based, company focused on
mineral acquisition, exploration, and development. Our primary focus
is advancing our properties on the Tethyan Belt in Southeastern
Europe. Mundoro has methodically acquired a district-scale land
position on this prolific mineral belt which hosts significant
Gold-Copper porphyry and related epithermal deposits. Our strong
project pipeline, which also includes assets in Mexico and China, is
positioned to drive long-term, sustainable growth in order to attain
production and shareholder return.

Caution Concerning Forward-Looking Statements

Information included, attached to or incorporated by reference
into this News Release may contain forward-looking statements. All
statements, other than statements of historical fact, included or
incorporated by reference in this News Release are forward-looking
statements, including, without limitation, statements regarding
activities, events or developments that the Board expects or
anticipates may occur in the future. These forward-looking statements
can be identified by the use of forward-looking words such as "will",
"expect", "intend", "plan", "estimate", "anticipate", "believe" or
"continue" or similar words or the negative thereof. The material
assumptions that were applied in making the forward looking
statements in this News Release include expectations as to the
Company's future strategy and business plan and execution of the
Company's existing plans. There can be no assurance that the plans,
intentions or expectations upon which these forward-looking
statements are based will occur. We caution readers of this News
Release not to place undue reliance on forward looking statements
contained in this News Release, which are not a guarantee of
performance and are subject to a number of uncertainties and other
factors that could cause actual results to differ materially from
those expressed or implied by such forward-looking statements. These
factors include general economic and market conditions, changes in
law, regulatory processes, the status of Mundoro's assets and
financial condition, actions of competitors and the ability to
implement business strategies and pursue business opportunities. The
forward-looking statements contained in this News Release are
expressly qualified in their entirety by this cautionary statement.
The forward-looking statements included in this News Release are made
as of the date of this News Release and the Board undertakes no
obligation to publicly update such forward-looking statements to
reflect new information, subsequent events or otherwise, except as
required by law. Shareholders are cautioned that all forward-looking
statements involve risks and uncertainties and for a more detailed
discussion of such risks and other factors that could cause actual
results to differ materially from those expressed or implied by such
forward-looking statements, refer to the Company's filings with the
Canadian securities regulators available on http://www.sedar.com.

Neither TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.

For further information:

For further information please contact Teo Dechev, CEO, President
and Director of Mundoro Capital Inc. at +1-604-669-8055 or Michelle
Roth, Roth Investor Relations at +1-732-792-2200.

ots Originaltext: Mundoro Capital Inc.
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