Altanshiree Coal Project
The Altanshiree Coal Project
is located in the mid-west part of the Sayshand
Province of Mongolia known as the
Erdenetsogt
Basin.
The exploration licence covers a total of 19,884 ha
known as the Altanshiree licence.
The project area is situated
around 10 km northeast of
Altanshiree
City.
The location is around 405 km southeast of
Ulaanbaatar
and around 300 km north of
China’s
border. The nearest Mongolian railway line is around 75
km from the Altanshiree project area in a straight line
to the west.
The Altanshiree licence is in the
preliminary regional exploration phase. There is no
drilling exploration in the Altanshiree and surrounding
area. Based on the regional geology interpretation,
the Altanshiree coal bearing
formation appears to be formed within the same coal
bearing formation in the Doshin Coal Project area
(around 12 km south of the Altanshiree area). Therefore,
SRK, independent technical consultants, expects one to
find flat dipping coal seams at shallow depths below the
surface in the Altanshiree area. The thickness of the
seams could range from several centimetres up to around
10 m.
Based on the coal analysis results
from the Doshin project area, coal qualities of
Altanshiree is interpreted by SRK to be a low to medium
energy coal with high ash and high sulphur content. The
deposit could be suited for open cut mining methods and
the coal product for the domestic thermal market.
Polo
Mongolia
plans to undertake a preliminary exploration programme
involving widespaced regional drilling to evaluate the
potential of the Altanshiree project area.
