• Two areas well known for their long history exploration and mining of uranium

• All licenses recently re-registered (approved) by the Mongolian government’s newly formed Nuclear Energy Agency

• Dornogovi District (14 licenses)
  
  
  • Located 200 kms east of the Hairhan and Haraat uranium deposits owned by Denison Mines
  • Represents greenfield exploration plays that require verification of anomalous historical exploration result
    
    
• Dornod Province (11 licenses)
  
  
  • Located in the historically significant Dornod and Saddle Hills areas.
  • Between 1988 and 1995, 590,000 tonnes of ore averaging 0.118 % U3O8 was mined from the Dornod open pit.
  • Polo’s uranium licenses lie in the same district and cover 180 square kms of the same volcanic rocks that host the Dornod and Gurvanbulag deposits.
  • Resources defined in the Dornod region include:
  • Dornod #7 deposit owned by Khan Resources. 20,600 tonnes U3O8 at an average grade of 0.159%
  • o Gurvanbulag deposit owned by Western Prospector. 8,100 tonnes U3O8 at an average grade of 0.161%
  • o Khavar deposit owned by Western Prospector . 3,000 tonnes U3O8 at an average grade of 0.13%

Location of Projects