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Board of Directors
DOWNLOAD the Executive Summary for Mongolian Metals Corporation - Copper/Gold Opportunity
Mongolian Metals Corporation (MMC) owns the 75,000 hectare Khongor license in Southwestern Mongolia, adjacent to Erdene Resources’ (TSE: ERD) main Bayan Khundii site which features copper and gold porphyry.
The Khongor property is prospective for similar porphyry and epithermal styles of mineralization. Results from 2016-17 geological mapping and geochemical analysis of rock chips, stream sediments and soil samples have identified numerous medium to high grade gold, silver and copper deposits with maximum grades of 3.35% Cu, 71.3g/t Au and 262g/t Ag.
Further exploration of these exciting deposits are warranted to determine the magnitude of the resource.
MMC is looking to raise US$800,000 in an equity private placement.
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