ASSET SUMMARY

Operator Aranjin Resources Ltd.
Location Mongolia
Stage Advanced Exploration 
Commodity Cu, Ag
Terms 2.0% Net Smelter Return Royalty (with a Right of First Refusal on any future Ag stream)

 

ASSET DESCRIPTION

  • The Bayan Undur project covers a total land package of 2,774 hectares and consists of four mining licenses with 30-year terms
  • Historic exploration includes over 57,000 m of diamond and RC drilling, 2,000 m3 of trenching, detailed geological mapping and geochemical sampling
  • Past exploration efforts are being reviewed with the aim of identifying new drill targets for 2020