Haranga Resources Ltd : Mongolia : Haranga Resources wins pre mining deal for Selenge iron project
Haranga Resources has secured a pre mining contract with the Mineral Resource Authority of Mongolia for its 80% owned Selenge Iron Ore Project.
Under this contract, Haranga will achieve and submit a feasibility study, mine design, and finally construction of a Mine. Selenge hosts a JORC Resource of 254 million tonnes at 17.2% iron, making it the largest JORC iron ore resource in Mongolia.
The location of project is in Mongolia's premier iron ore development region of Darkhan Selenge with access to the main trans-Mongolian Rail line & nearby spurs.
The iron mineralisation work has been discovered at the nearby Huiten Gol Prospect. An extra exploration target of 50 million tonnes to 100 million tonnes is estimated. Selenge is merger of the Bayantsogt, Dund Bulag and Undur Ukhaa deposits which lie within 3 kilometres of each other and are associated with large magnetite skarn hills with wide mineralised lodes from surface.
(c) 2014 Euclid Infotech Pvt. Ltd. Provided by Syndigate.info, an Albawaba.com company
Under this contract, Haranga will achieve and submit a feasibility study, mine design, and finally construction of a Mine. Selenge hosts a JORC Resource of 254 million tonnes at 17.2% iron, making it the largest JORC iron ore resource in Mongolia.
The location of project is in Mongolia's premier iron ore development region of Darkhan Selenge with access to the main trans-Mongolian Rail line & nearby spurs.
The iron mineralisation work has been discovered at the nearby Huiten Gol Prospect. An extra exploration target of 50 million tonnes to 100 million tonnes is estimated. Selenge is merger of the Bayantsogt, Dund Bulag and Undur Ukhaa deposits which lie within 3 kilometres of each other and are associated with large magnetite skarn hills with wide mineralised lodes from surface.
(c) 2014 Euclid Infotech Pvt. Ltd. Provided by Syndigate.info, an Albawaba.com company
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