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Mundoro Commences First Drilling on Zeleznik Property in Serbia

Geschrieben am 20-11-2014

Vancouver, British Columbia (ots/PRNewswire) -

Mundoro Capital Inc. ("Mundoro or the "Company") is pleased to
announce that drilling has commenced on its 100% owned Zeleznik
copper-gold exploration license. The Zeleznik license, located at the
northern portion of the Timok Magmatic Complex, covers 60 kmsquared
and is located adjacent along the northern license border with the
Majdanpek open pit copper mine in northeastern Serbia.

Mundoro's new drill program at Zeleznik will be for approximately
1,000 meters over five holes, three on the West Zone of the property
and two on the East Zone (see attached Figure 1: Zeleznik East Drill
Hole Location Map [http://mundoro.com/sites/default/files/EastZone%2
0-%20Press%20map.pdf ] and Figure 2: Zeleznik West Drill Hole
Location Map [http://mundoro.com/sites/default/files/West%20Zone%20-
%20Press%20Map.pdf ]). The five drill holes will follow up on the
mapping, trench sampling, geophysics and soil geochemical work
completed throughout the year (see May 1, 2014 and January 13, 2014
press releases) and is intended to test continuation of the
encouraging results obtained at surface and extract additional
information about the geological and structural setting at depth.

Teo Dechev, CEO and President of Mundoro, commented, "The West and
East Zones at the Zeleznik property are located just 1.8 km to the
north of where current mining is taking place at the Majdanpek mine,
which is a lateral laying porphyry deposit. The exploration results
to date from our soil geochemical sampling, ground magnetics and
trench sampling have outlined two areas with Cu-Au-Mo anomalies that
also correlate to the ground mag anomalies at depth. The West Zone we
believe is a porphyry system as trenching has identified outcrops of
andesite dikes, quartz and diorite porphyry dikes while on the East
Zone we believe that exo and endo skarn mineralization encountered at
the limestone contact with the altered diorite intrusion might be
related to a porphyry at depth. Skarn systems are typically
peripheral to a porphyry system. We look forward to updating the
market with the results of our drill program once the core data has
been logged, assayed and interpreted."

Sampling and Analysis All trench intercepts were obtained from
continuous channel sampling at 2 m intervals. All samples are assayed
using 50 gram fire assay with atomic absorption finish by ALS,
Romania. Quality Assurance and quality control procedures include the
systematic insertion of standards and duplicates into the sample
streams. Field duplicate samples are taken every 25 samples and
standards and blanks are inserted after every 20th sample. All data
collected in the field and assay results from the laboratories are
routinely verified and entered in an Access data base.

Soil samples were collected from "B" horizon of the soil media by
hand digging a hole from 0.1 to 0.5m. Material of ~500 grams was
collected, sealed and send directly to the ALS Prep laboratory in
Bor. Samples were dried at <60degree(s)C/140F, sieve sample to -180
micron (80 mesh) and assayed by ALS, Romania using 30 gram fire assay
with atomic absorption finish.

The technical information contained in this Press Release has been
reviewed and approved by Mr. G. Magaranov, P. Geo., the 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:

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.
Im Internet recherchierbar: http://www.presseportal.de


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