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Dornod Province

The six licences held by MUC Mongolia in the Dornod Province cover 31,771 ha. Access to the Dornod Province licences is via paved road for approximately 100 km east from Ulaanbaatar to the coal mining town of Baganoor, then approximately 550 km east by partly paved and partly dirt road from Baganoor to Choibalsan in northeastern Mongolia.

The Dornod licences are in the historically explored Dornod and Saddle Hills areas, which are located in the Argun-Mongolia uranium province. All uranium mineralisation discovered to date in the area occurs in a narrow belt along the northern margin of what is locally referred to as the Dornod Structure (a large geological feature covering approximately 2,000 km2). Where identified, uranium mineralisation in the Dornod area occurs as pitchblende-coffinite assemblages, associated with carbonaceous partings and fragments in areas of structural complexity. The uranium mineralisation occurs as ‘‘blanket-like’’ horizons from less than 1 m thick to greater than 30 m thick within the volcano-sedimentary succession at depths from 30 m to greater than 450 m below surface.

The Dornod area is currently a target for uranium exploration and production in Mongolia, and encompasses three of the largest uranium deposits in Mongolia: the Dornod Deposit (N #7) (Khan Resources Inc.) with reported resources of 13 Mt grading 0.16% U3O8; the Gurvanbulag Deposit (Western Prospectors Group Ltd.) with reported resources of 10.5 Mt grading 0.18% U3O8; and the Khavar Deposit (Western Prospectors Group Ltd.) with reported resources of 2.5 Mt grading 0.14% U3O8.

The Dornod Province licences represent greenfield exploration plays that are located within a district with demonstrable uranium production.  Further work is required in order to better establish if the licences have the potential to host similar tonnes and grade of mineralization to that which is currently being developed in adjacent tenements by other companies.

MUC Mongolia plans to source further available historic exploration and production data, implement a detailed reconnaissance programme in order to verify this data and undertake further exploration and drilling activities.




Operations

Mongolia:
  - Coal Projects

    ▪ Doshin
    ▪ Altanshiree
    ▪ Khashaat
    ▪ Ereen
    ▪ Union
  - Uranium
Projects
   
Dornogovi
    ▪ Dornod
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