MUNDORO RECEIVES APPROVAL FOR TWO ADDITIONAL EXPLORATION LICENSES AND PROVIDES UPDATE ON SERBIA EXPLORATION PROGRAM

Mundoro Capital Inc., through its wholly owned subsidiary in the Republic of Serbia, has received approval from the Serbian government for two additional exploration licences in the south Timok magmatic complex (TMC).The additions of the Osnic and Sumrakovac licences brings Mundoro's total number of exploration licences on the Timok magmatic complex (TMC) to 11 which is approximately 917 square km

Rubicon Holds One of Nevada’s Largest Land Positions, Controlling 225,000 acres in the area of the Long Canyon discovery, acquired by Newmont in 2011. The land position also extends into Box Elder County, Utah (608 acres).

  • Extensive property package in the area of the Long Canyon discovery.
  • Long Canyon is the target environment.
  • Southern Snake Mountains - Carlin Model.
  • Look at synergies in region for prospective bulk mineable gold discoveries.  Rubicon acquired 380,800 acres of prospective exploration ground in Alaska in the area of the 5.6 million ounce Pogo deposit, as well as a 225,000 acre land package in northeast Nevada.Rubicon acquired 380,800 acres of prospective exploration ground in Alaska in the area of the 5.6 million ounce Pogo deposit, as well as a 225,000 acre land package in northeast Nevada. 
    Mundoro cost would be nothing and should be pushed by shareholders of CGG and Rubicon is an Canadian resource stock and a great a great Canada play for China lets hope it happens!  we want to see CNG go to 49% of CGG shares also a.s.a.p on any deals made in CGG name!