Eumeralla resources begins quest for tungsten in Mongolia - News.MN

Eumeralla resources begins quest for tungsten in Mongolia

Old News! Published on: 2012.06.21

Eumeralla resources begins quest for tungsten in Mongolia

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Newly minted Eumeralla resources is nearing the start of
exploration minerals ex[loration license in northeast Mongolia which covers
12,657 hectares including the historical Chuluun Khoroot tungsten mine.

The company has linked a contract for the provision of initial
mapping, sampling and surveying of the license which is set to begin in late
June.

The mapping and sampling, which is due for completion in
late August, will pave the way for the start of drilling program.

The license is located about 20 kilometers north of the town
Dashbalbar  and 85 kilometers northwest
of the Solowevsk-Choibalsan railway.

Previuos exploration at the project has defined tungsten
targets, but follow up exploration has been limited.

Meanwhile, Eumeralla has been conducting legal and
geological due diligence of several projects in both Mongolia and Myanmar.

Recent political and economic developments in Myanmar have
attracted Eumeralla to the region, where it is assessing several tungsten and
tin exploration leases.

The southern regions of Myanmar include areas belonging to
the southeast Asian tin belt which uncludes parts of Indonesia, Malaysia and
Thailand and times produced 65% of the world’s tim and largest percentage of
the world’s tungsten.

Source: proactiveinvestors.com.au  

 

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