Partnered projects
JOGMEC-Mundoro Iskar (EE1)
Northwest Bulgaria
Large-scale, sediment-hosted stratiform copper system.
Project overview
The Iskar (EE1) Project is a strategic partnership between Mundoro and JOGMEC (Japan Organization for Metals and Energy Security) to explore a high-potential, sediment-hosted stratiform copper system in Northwest Bulgaria. Covering 166.5 sq. km, the project targets a geological model analogous to the world-class Kupferschiefer (Germany/Poland) and the Central African Copperbelt — moving beyond traditional porphyry exploration into large-scale, basin-hosted mineral systems.
Project snapshot
- Partner
- JOGMEC
- Analogue
- Kupferschiefer / Copperbelt
- Belt
- ABTS
- Stage
- Drill-ready
- Mundoro converts to
- 2% NSR
Location and access
Northwest Bulgaria: the ABTS Belt
Located in Northwest Bulgaria within the Apuseni-Banat-Timok-Srednogorie (ABTS) belt, the EE1 project covers 166.5 sq. km in a highly fertile district hosting approximately 60 known historical copper-lead-zinc occurrences — a strategic expansion into a region known for copper-dominant systems and a favorable mining jurisdiction.
Geophysics
Defining stratiform targets
A completed 41.3 line-km AMT survey maps conductive subsurface zones interpreted as favorable stratigraphic contacts for mineralization. Regional drone magnetics (160 sq. km) identify structural controls, while project-wide soil geochemistry defines metal-rich horizons that align with geophysical anomalies to create high-confidence drill targets.
Drilling
Drill-ready for 2026
Following successful modeling of AMT and magnetic data, the project is drill-ready. An 1,800m program is planned for H2 2026 to test conductive horizons for Kupferschiefer-style or Central African Copperbelt-style mineralization — the first modern test of a stratiform copper target in this district.
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.