Bayan Undur
2% NSR royalty on advanced exploration copper and silver deposit in Mongolia
Operator
Aranjin Resources Ltd.
Location
Mongolia
Stage
Advanced Exploration
Commodity
Copper, Silver
Terms
2% Net Smelter Return Royalty
(with a Right of First Refusal on any future metal stream)
Purchase Price
C$200,000
Asset Description
The Bayan Undur project is located in the Bayankhongor Province of Mogolia, approximately 980 km southwest of the capital, Ulaanbaatar. The project covers a total land package of 2,774 hectares and consists of four mining licenses with 30-year terms. Historic exploration includes over 57,000 m of diamond and RC drilling, 2,000 m3 of trenching, detailed geological mapping and geochemical sampling.
For more information about the project as well as the latest updates, please visit
aranjinresources.com.