Tsagaan Chuluut & Khar Balgast
Tsagaan Chuluut and Khar Balgast properties located in metallogenitic uranium Province
Like Janchivlan, Tsagaan Chuluut and Khar Balgast Properties acquired in late 2007 property are located in the Khentay-Daur Metallogenitic Uranium Province, a 1200 km long and 300 to 350 km wide geological region that extends into both Mongolia and Russia.
The province contains several well known large to super large uranium deposits. They include the Gorney (C1+C2 5,300t; resources: 13,000t); and Bereskoe and Yugar uranium deposits, as well as several medium to small scale uranium deposits such as the Akuhtin, Balon-Ulanka and Eastern uranium deposits.
The Company is preparing a detailed work plan for the properties for 2008.
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