Mundoro Capital (TSXV: MUN) has honed a strategy of attracting major mining partners to join its exploration efforts across its multinational portfolio of copper porphyry plays.
The Mundoro team has scored exploration and earn-in agreements with BHP (NYSE: BHP; LSE: BHP; ASX: BHP) to look for copper at several Serbia properties and with Vale (NYSE: VALE) in the same country and Arizona, among other deals.
“Porphyries require a significant amount of capital to explore, and for that reason, there aren’t many juniors out there that focus on this particular style of mineralization,” Mundoro CEO Teo Dechev says in a new video.
The Northern Miner’s editor-in-chief, Alisha Hiyate, sat down with Dechev to learn more about the strategy during the recent Canadian Mining Symposium in London.
Watch the full video here:
JV Videos are sponsored content in arrangement with The Northern Miner.
Extremely viable corporate strategy which minimizes the individual project and location risk and expands the global footprint and opportunity for drill testing over and above the capabilities of an ordinary junior exploration company .