Manas Resources has reported trenching and drilling results at the Ulugtau prospect on its Djilginsai licence, which lies about 40km from Manas’s Shambesai Gold Project. 
OceanaGold Corporation and Pacific Rim Mining have entered into a definitive agreement which will see OceanaGold acquire all of the issued and outstanding common shares of Pacific Rim. This will add the El Dorado Gold Project in El Salvador to OceanGold’s current assets in New Zealand and the Philippines.
Aspire Mining has identified further potential capital savings for the Northern Railways Erdenet to Ovoot rail project which is key to commercializing its Ovoot Coking Coal Project in northern Mongolia.
Erdene Resource Development Corp aims to raise up to $500,000 in a non-brokered private placement with funds primarily for exploration projects in Mongolia.