Mundoro's Trenching at Savinac License Continues to Yield Results

Mundoro Capital Inc. (TSX VENTURE:MUN)(FRANKFURT:NGU:GR) (www.mundoro.com)
("Mundoro" or the "Company") is pleased to provide an update on its exploration
activities at its 100% owned Savinac, Zeleznik and Sumrakovac properties along
the Timok Magmatic Complex (TMC). Located in northeast Serbia, the TMC hosts
significant gold-copper porphyry and related gold-copper epithermal deposits
with the benefit of European infrastructure.


Teo Dechev, President and CEO commented, "We are very pleased to provide
investors with an update to our exploration program. At Savinac, we continued
trenching at Tilva Rosh, for which we previously reported high grade gold
results near surface. The follow up trenches continued to extend the
mineralization and the geochemical sampling around the area identified new
parallel zones. Our next step at Tilva Rosh will be to drill test at depth. Work
at our Zeleznik license, which sits along the same geological and structural
setting as the Majdanpek Mine, highlighted two areas with significant Cu-Au-Mo
anomalies which are slated for trenching and drilling in 2014. Mundoro has
quickly moved along from compiling an extensive property package in the TMC area
to defining a number of near surface mineralized zones to now drill testing in
2014". "In parallel to our exploration activity, we continue to evaluate joint
venture opportunities for our projects while at the same time evaluating
developed assets closer to production."


Savinac

The soil geochemical campaign highlighted three major mineralized areas: 



--  Tilva Rosh to the North, 
--  Bukovo in the center, and 
--  Markov Kamen to the South. 



The high grade gold results previously obtained at Tilva Rosh are controlled by
a north-west fault directly related to a gold-in-soil anomaly of 600 m by 170 m.
The north-west fault also intersects the north-east structure adding an
additional 1200 m by 400 m gold-in-soil anomaly to be followed up in Q1 2014
(Figure 1 - Savinac Gold-in-Soil Geochemical Anomalies, Figure 2 - Tilva Rosh
Trench and Rock Results). Follow-up exploration work in 2014 will consist of
mapping, trenching along the new parallel zones and drill testing the trenched
gold prospect in mid-2014.


The soil sampling comprised 1,679 samples and was designed to cover Savinac's
hydrothermal alteration system. The results confirmed the presence of a
mineralized structural zone extending over a strike length of more than 7 km
identified by soil samples containing greater than 20 parts per billion (ppb)
gold associated with Ag, Cu, Mo, Pb, Zn, Sb and As anomalies (Figure 1). This
structural zone, marked by intense argillic and advance argillic altered
andesite volcanics, contains two major fault directions north-west and
north-east. 


The gold in-soil anomaly and the initial high grade trench results were followed
up by step-out trenches and outcrop rock sampling. The trenches were dug down to
bedrock (0.5 to 1.5 m depth), perpendicular to strike of the mineralised
structure and the trend of the soil anomaly. Continuous channel samples of up to
2 m long were collected along the base of the trenches.


Selected results are summarized in Table 1. The location of trenches and rock
outcrop results are shown on Figures 1 and 2. Table 1: Summary of significant
trench results from Tilva Rosh prospect, Savinac license. (Trench results 4, 2
and 1 were previously reported on September 3, 2013)




----------------------------------------------------------------------------
                                     Interval                               
Trench ID        From (m)    To (m)       (m)  Au (g/t)  Ag (g/t) AuEq (g/t)
----------------------------------------------------------------------------
T4                      0        12        12     30.39    127.00      32.51
----------------------------------------------------------------------------
Including               8        12         4     59.34    277.41      63.96
----------------------------------------------------------------------------
Including              10        12         2     80.70    174.00      83.60
----------------------------------------------------------------------------
T2                    130       138         8      5.31     21.07       5.66
----------------------------------------------------------------------------
Including             130       132         2     24.50     17.60      24.79
----------------------------------------------------------------------------
T1                      0        18        18      2.21     29.00       2.69
----------------------------------------------------------------------------
                                                                            
----------------------------------------------------------------------------
T13                    20      30.8      10.8      1.40      7.58       1.53
----------------------------------------------------------------------------
Including              24        26         2      6.99     21.10       7.34
----------------------------------------------------------------------------
T6                     25        27         2      1.08     14.20       1.32
----------------------------------------------------------------------------
T7                     26        38        12      1.05     13.95       1.28
----------------------------------------------------------------------------
T14                  39.6      43.2       3.6      0.77      6.80       0.88
----------------------------------------------------------------------------
T5                     12        16         4      0.72      4.40       0.79
----------------------------------------------------------------------------
T11                    26        30         4      0.71      8.75       0.86
----------------------------------------------------------------------------
T8                      2         4         2      0.50      2.60       0.54
----------------------------------------------------------------------------
T12                     0        22        22      0.49      4.27       0.56
----------------------------------------------------------------------------
Including            17.4        20       3.6      0.65     12.15       0.85
----------------------------------------------------------------------------
Including              10        12         2      3.47      1.70       3.50
----------------------------------------------------------------------------
Including               6         8         2      0.67     21.70       1.03
----------------------------------------------------------------------------
-Weighted average calculated using uncut assays.                            
-Trench intercepts are sample lengths and further work is required to       
 determine true widths.                                                     



The results from the soil geochemistry between trenches T13 and T5 identifies a
high grade bearing north-west structure. The structural mapping and the soil
geochemistry suggests an intersection with the mineralized north-east structure
for at least 1200 m. The mineralisation is associated with hydrothermal
breccias, quartz veins and veinlets hosted in altered andesite volcanics. The
results from all trenches demonstrate that the high grade gold intervals are
contained within a wider halo of enhanced gold content.


Zeleznik

The Zeleznik license covers 6,026 hectares (60 sq.km.) and is located at the
northern part of the Timok Magmatic Complex. The southern portion of this
license is along strike and shares the same geological and structural setting as
its neighbor, the Majdanpek Copper-Gold porphyry mine, which has a reported
resource of 1000 mt @ 0.4-0.8% Cu, 0.25-1 g/t Au (Jelenkovic, 2007).


Mundoro recently completed the stream sediment sampling program on this license
and identified five anomalous areas. The Company followed up the anomalies with
prospecting, geological mapping, soil and rock geochemical sampling. There were
708 soil samples collected with promising anomalies followed up in further
detail. The results highlighted two areas with significant Cu-Au-Mo anomalies.
They are located at the southern part of the license, defined by 20-189 ppb gold
and 130-2260 parts per million (ppm) copper (Figure 3 - Zeleznik Copper-in-Soil
Results, Figure 4 - Zeleznik Gold-in-Soil Results). Both anomalies are centered
on andesite porphyry intrusions.


The best copper geochemistry of the western anomaly was obtained within a
covered area. A small exposure of copper-bearing magnetite skarn and more
widespread marbleized limestone characterize part of the eastern anomaly. The
Copper-Gold-Molybdenum geochemical anomalies defined are typical of copper-gold
porphyry systems and as such is a positive result to be follow up with further
work to determine the source of the anomalies. Follow-up exploration work in
2014 will consist of mapping, trenching, ground magnetic surveys and drill
testing the anomalies in H2-2014.


Sumrakovac

The Sumrakovac License covers 103 sq.km in the southern portion of the Timok
Magmatic Complex. The property contains a cluster of underexplored gold-copper
porphyry style mineralization. The Company has completed stream sediment
screening, a partial reconnaissance mapping as well as rock and soil geochemical
sampling. 


A ground magnetic survey is underway over the Skorusa porphyry and the adjacent
area.


Reconnaissance mapping at the Skorusa porphyry revealed the existence of three
dioritic intrusive phases: early, inter-mineral and late-mineral. The early and
inter-mineral phases are both potassic altered, contain approx. 5 volume % of
magnetite and are cut by chalcopyrite-bearing A-type quartz veinlets. Veinlet
intensity and observed chalcopyrite contents are higher in the early mineral
phase. Rock sampling of the quartz veining returned:




--  23m @ 0.72 g/t Au and 1670 ppm Cu (1.03 g/t AuEq); including single 2 m
    samples with up to 1.64 g/t Au and 0.3% Cu (2.20 g/t AuEq). 



Soil surveys confirmed a Copper-Gold-Molybdenum geochemical anomaly related to
the outcropping porphyry mineralisation and delineated a 700 m by 400 m
copper-gold anomalous area which needs to be followed up by trenching and
drilling. The molybdenum anomaly covers an area of 1500 m by 600 m and is open
to the north. The soil survey also highlighted additional anomalous centers to
the east of Skorusa porphyry which will require further in-fill sampling and
trenching (Figure 5 - Sumrakovac Copper-in-Soil Results, Figure 6 - Sumrakovac
Gold-in-Soil Results, Figure 7 - Sumrakovac Molybdenum-in-Soil Results).


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 Bor, Serbia. 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 approx. 500 grams was collected, sealed and
send directly to the ALS laboratory in Bor. Samples were dried at less than 60
degrees C/140F, sieve sample to -180 micron (80 mesh) and assayed using 30 gram
fire assay with atomic absorption finish.


Gold Equivalent ("AuEq.") is calculated using the formula AuEq = (gAu) + (gAg) +
($/ozAu)/60. Metal prices used are: copper price of US$3.25/lb, gold price of
US$1200/oz, silver price US$20/oz or 60 silver ounces per one gold ounce.


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. 


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FOR FURTHER INFORMATION PLEASE CONTACT: 
Mundoro Capital Inc.
Teo Dechev
CEO, President and Director
[phone]


Roth Investor Relations
Michelle Roth
[phone]
www.mundoro.com