Operations - Uranium Properties
MUC Resources LLC (“MUC
Mongolia”), a wholly owned subsidiary of Polo, holds
16 uranium licences in
The uranium licences are located
across two geological terranes which are noted to host
multiple uranium deposits of varying genetic style. All
licences are at the earliest stage of exploration, but
can be considered as under-explored in the context of
modern exploration techniques, as the majority of
exploration in the districts covered by the licences
were primarily explored during Soviet times without
access to sophisticated instrumentation for low-level
uranium, thorium and potassium detection. In the
provinces in which the licences are located, exploration
and mine development is active.
As shown in the following map, MUC
Mongolia holds licences in the
Dornogovi District and the
