Excellent results!From today: Nomgon 2: 91 metres of net coal,...

Excellent results!

From today: Nomgon 2: 91 metres of net coal, including 51 net metres in the main seam (“100” series).

From the presentation on 15/7/20: Nomgon 1: 71 meters of net coal, including 37 net meters in the main seem (“100” series).

Some standout information within this announcement:

‘Preliminary results to date are consistent with the Nomgon-1 well (announced on 26 February 2020 as Mongolia’s first coal seam gas discovery).”

’‘The next phase of the Company’s appraisal program in the Nomgon sub-basin will comprise the drilling of further step-out appraisal wells. The first well will test the northern limb of the Nomgon syncline.”

’‘We are delighted with the results to date of the Nomgon-2 appraisal well, which has a thicker overall coal tally even than the exceptionally thick coals at Nomgon-1, and has added materially to the confirmed areal extent of the Nomgon-1 discovery.”

A big milestone passed. Well done EXR team and congrats shareholders.