South Gobi Coal Project Securedunder MOU by NeweraProject...

South Gobi Coal Project Secured
under MOU by Newera

Project Highlights:
? The Ulaan Tolgoi project is located in the South Gobi
province of Mongolia – 84km south of the giant Tavan
Tolgoi coking/thermal coal project.
? The Ulaan Tolgoi Licence is a large licence covering
43,830 hectares in area.
? The Ulaan Tolgoi licence is considered prospective for
coal in concealed extensions of the late Permian coalbearing
Tavan Tolgoi Group rocks of the South Gobi Basin.
? Visible in satellite imagery, striking east to west through the
south of the licence is the Sonduult thrust fault. The
Sonduult thrust fault is postulated to be a potential
extension of the Nariin Sukhait thrust fault.
? Minor coal outcrops along the Nariin Sukhait Thrust Fault
to the west of Ulaan Tolgoi led to the discovery of the
large MAK and Ovoot Tolgoi coking/thermal coal
deposits as well as the Soumber, Biluut, and Guilford
Coal’s South Gobi deposits.
? In terms of coal, the South Gobi province of Mongolia has
recently become known as the epi-centre of recent
exploration and mining developments particularly for
coking coal and high energy thermal coal within southern
Mongolia.
? Advanced plans exist for the expansion of the Mongolian
rail network to connect Tavan Tolgoi to the Chinese rail
network. The new rail line will greatly assist the economics
of any new coal discovery within Ulaan Tolgoi.