Undur Tolgoi Minerals Inc. is focused on creating sustainable shareholder value through the exploration and development of mineral assets in Mongolia, one of the world's largest undeveloped copper/gold regions. Well financed and ideally situated in close proximity (approximately 100km) from one of the world's most famous copper and gold mines, Oyu Tolgoi, the company's primary asset through its wholly owned subsidiaries, is a 100%-owned interest in Mongolian mineral license number 8573X, named Undur Tolgoi. This licensed property consists of approximately 9,620 ha. of land and is 80km from the sub-provincial center of Khanbulag village.
The information provided below is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.
The Gold Report Interview with James Passin
"Undur Tolgoi Minerals Inc. was founded by Firebird. We took the company public through a reverse takeover. The company controls a mineral exploration license of over 9,620 hectors in Mongolia's Gobi Desert. It's on the edge of the Devonian arc, which is the right address for potential copper-gold porphyry systems. It's an early-stage exploration program. The company has conducted ground samples and gravity and magnetic surveys and is about to launch an induced polarization survey. There's potential for some high-grade epithermal veins that could be very interesting near surface. However, we are primarily looking for deeper, larger disseminated mineralization systems."
The Gold Report Interview with Eric Zurrin
"[Another] company, which we know well, is Undur Tolgoi Minerals Inc., backed by Firebird Funds, which is a New York private equity fund. Firebird has been in Mongolia for about five years and has sizable investments across much of the coal space and has been involved with Undur Tolgoi for the past year and a half. Undur Tolgoi is an early-stage copper exploration prospect in the South Gobi. It has yet to drill, but it is doing sampling and some seismic work. . .[it] could be a very exciting prospect in the near or medium term."
Undur Tolgoi Minerals Inc. Content
Back to Top