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Mongolian Resources Corporation (ASX: MUB) is focused on the exploration and development of high-grade gold deposits in Mongolia with near term production.
Mongolia is richly endowed with world-class natural resources and undeveloped mineral deposits providing Mongolian Resources with unique project acquisition opportunities. The countries booming resource industry is located next to the largest commodity consumer in the world, China.
The Board and management team are highly experienced in successfully acquiring projects in the Mongolian resource industry. The Company is dedicated to achieving increased shareholder wealth by the acquisition and development of economic mineral deposits in Mongolia's emerging resource industry. The key objective and immediate focus is to delineate sufficient gold resources and develop profitable gold operations at the high grade gold deposits of Sujigtei and Blue Eyes in Mongolia.
market prices as at end of previous days trading