MONGOLIA - Prophecy offtake agreements

In the last two months Prophecy Coal Corp has entered into binding coal sales contracts with a number of buyers which will involve the sale of more than 30,000 tonnes of coal per month from the company’s Ulaan Ovoo mine in northern Mongolia.1

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MONGOLIA - SouthGobi Board appointment

1 SouthGobi Resources has appointed Bold Baatar as a non-executive director. Mr Baatar, 40, currently serves as president, international operations of Rio Tinto Copper group.

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MONGOLIA – Xanadu starts Oyut Ulaan drilling

Xanadu Mines has commenced the second phase of exploration at its Oyut Ulaan Copper-Gold Porphyry Project in the South Gobi region. The program includes around 1500 metres of diamond core drilling, 350 line kilometres of ground magnetics and 1000 metres of trenching.1

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NEW ZEALAND - Estimate for WKP Gold Project

Glass Earth Gold has announced an NI 43-101 compliant mineral resource estimate for the Wharekirauponga (WKP) Gold Project of 1.3 million inferred tonnes @ 6.2 grams/tonne gold and 9.3 grams/tonne silver for 260,000 gold ounces and 390,000 silver ounces.1

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