MONGOLIA - Pre-mining agreement for Selenge project

The Mineral Resource Authority of Mongolia has awarded a pre-mining agreement to Haranga Resources’ 80%-owned Mongolian subsidiary Haranga Khuder LLC, which holds the mineral exploration licence for the Selenge Iron Ore Project.

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MONGOLIA - Altan Nar trenching intersects new zones

Erdene Resource Development Corp has received final assay results for the phase three trenching program it conducted in the fourth quarter of 2013 at the Altan Nar gold-polymetallic project in southwest Mongolia. The trenching intersected multiple high grade gold and base metal zones.

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MONGOLIA - Xanadu completes Oyut Ulaan acquisition

Xanadu Mines has completed the acquisition of a 90% interest in Vantage LLC, which owns the Oyut Ulaan porphyry copper-gold project in southern Mongolia. This follows shareholder approval being granted at the company’s annual general meeting on November 22.

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KYRGYZ REPUBLIC - Positive tests for Kargasha coking coal

Raw coal laboratory test results from Celsius Coal’s 2013 drilling program in the Kargasha area of the Uzgen Basin Coking Coal Project have confirmed that all drill holes tested have returned intersections with good coking coal potential.

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