CEO 0.00% 4.2¢ c @ limited

thks i am aware of the v,good reasons for the size of the CR all...

  1. 537 Posts.
    thks i am aware of the v,good reasons for the size of the CR
    all interested are the following from the Independent Experts Report:

    1.• In the report Teeg licence at end of this section the author mentions Permian coal may well be below the Jurassic ..no need to tell all the implications as all known coking coal deposits in Mongolia are in the Permian (Page 20):
    "Coal-bearing Permian deposits are also documented
    within the ORB, potentially forming the basement of the Bakhar Formation in places, with
    potential for these coals to be present further down dip in the licences."
    2.p.29 "NGS opines that the geological fabric of the Ergen Usny Khudag-2 licence area does not appear to
    be favourable for coal exploration. However, the licence area appears very interesting in terms of
    Cu and Au exploration and exploitation. The new results from the quartz vein sample with elevated
    levels of Au and Cu are very encouraging with more work required in order to accurately source
    the Au and Cu-bearing rocks."
    3.pp 30-38:
    • All 3 S Gobi licences around Gurvantes surface coal 13600 has Guildford (GUF)to north and south and S Gobi Resources Soumber just to the west ...

 
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