“Mongold’s Naran Mandal Gold Operations is located in Mongolia and employs some 500 people including contractors. We are a proud major employer and economic contributor in the region.”
A proven concept positioned for strong growth
Mongold’s unique approach fully integrates discovery, mine development, and long-term mine management into a single corporate mandate. This integration allows economies of scale to take effect creating critical efficiencies, shared knowledge and resources, and a deep culture of safety and high standards across its entire portfolio.
Acquired by Mongold in 2014, Naran Mandal is a leading gold project in Mongolia with a JORC resource of 212,500 ounces of gold.
Ulaan Ereg has a surface area of 9,500ha and is located within the Bayankhongor Ophiolite Belt, approximately 43 km west of the Naran Mandal Gold Operations.
Khooloi is approximately 5,600ha and is located in the Kherlen soum of Khentii province. It is readily accessible with access to infrastructure (power lines, paved roads, water).