Bayan Undur Project

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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

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