Partnered projects
BHP-Mundoro Central Timok
Timok Magmatic Complex, Serbia
District-scale copper-gold porphyry project in the Timok Magmatic Belt.
Project overview
The BHP-Mundoro Central Timok Project is a strategic copper-gold exploration project covering 418 sq. km in the world-class Timok Magmatic Complex of Serbia. Partnered with BHP, the project targets high-potential porphyry and epithermal systems within a region hosting some of Europe's largest deposits. With over C$15.4 million invested in high-resolution geophysics and geochemical data, exploration is rapidly advancing across 20+ targets, with a drilling program designed to test Tier-1 targets and expand known mineralization zones.
Project snapshot
- Partner
- BHP (100% earn-in, 10 yrs)
- Operator
- Mundoro
- Key targets
- Tilva Rosh · Skorusa
- Invested to date
- C$15.4M
- Stage
- Drill targeting
Location and access
Timok Area, Serbia
Timok is one of the most prolific metallogenic domains in the Tethyan Belt, hosting several significant deposits and major producing mines, including the Čukaru-Peki Deposit. The project area benefits from excellent year-round road access, proximity to the major mining hub of Bor, and established high-voltage power and water infrastructure.
Geophysics
Advanced subsurface imaging
Over 230 line km of IP (Induced Polarization) data identifies disseminated sulfide mineralization typical of porphyry systems. Strategic deep-sensing CSAMT surveys (260+ line km) map structural controls and alteration at depth, while complementary Ground Magnetics and Passive Seismic (100+ sq km) refine drill targeting and reduce discovery risk.
Drilling
Drilling ongoing
Diamond drilling is planned for 2026, designed to test high-priority targets generated from the 2023–2025 geophysical campaigns, focusing on extensions of known mineralized trends and blind deep-seated targets.
Option agreement
How Mundoro creates value here
Our partner funds exploration and can earn in over time, while Mundoro earns near-term option and operator fees and retains a royalty on any future discovery.
Unlock the potential of Mundoro's copper projects
Focused on copper. Funded by partners. Built for royalties.