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Bayan Undur Project

BAYAN UNDUR EXPLORATION WORK PROGRAM

Assessment of past exploration

Target generation

Drilling

BAYAN UNDUR COPPER PROJECT

  • Located in Bayan Undur Soum of Bayankhongor Province, approximately 980 km south-west of Ulaanbaatar
  • The project consists of four mining licenses with a total land package of 2,773 hectares.
  • Mining licenses issued for 30 year term.

EXPLORATION HISTORY

Previous exploration program included:

  • $10m in prior exploration work – Spring season starting now
  • Geochemical sampling (3,968 samples) 1,973.52m3 of trenching with 137 channel samples
  • 57,446.8m (546 drill holes) and RC drilling with 14,215 core samples
  • Laboratory analyses of 22,705 samples Topographic survey at scale of 1:1000
  • Ground magnetic survey covering the whole project Area IP survey of 125.2m in total