The Uvs Basin project is situated in the far north-western region of Mongolia, in the territory of Uvs Aimag (province). GMM is targeting potash within a middle Devonian evaporite that outcrops at several places within the basin.
Key features of the project are:
?Confirmation that sylvite settling occurred in the receding waters of the middle Devonian evaporite with potash grades up to 65% KCl and intersections of 1.8m @ 39% KCl and 9.7m @ 16% KCl in limited drilling at Tuz Tag on the nearby Russian-Mongolian border; ?Five exploration licences and one application covering over 2000km2 within the basin; ?Middle Devonian evaporite occurrences on the Company?s tenements
