“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.”

   

Mongold is a Central-Asian junior gold producer with its flagship gold operation, Naran Mandal, located in Mongolia. Naran Mandal Gold Operations is a high-grade, narrow vein, orogenic deposit. The Operations property hosts more than 50 vein structures, of which only 3 have been explored and brought into production. Less than 12% of the known resource is currently being exploited, leaving significant upside to be achieved through additional exploration, investment and upgrading of technology. Mongold also holds 12 exploration licenses across Mongolia which have the potential for gold, base metals and battery minerals.

Mongold Asset Jurisdictions

   

Mongold Asset Jurisdictions in Mongolia

 
Baruun Jalga
Khovd Province – 1318 ha Located in the Tien Shan belt. Wolfram and granitoid related gold occurrences surround the license
Ikhbulag
Gobi Altai Province – 2086 ha Located within the Tien Shan belt.
Ulaan Ereg
Bayankhongor Province – 9546 ha Abundant quartz veins with prospective alteration styles in a known orogenic gold terrain located near Project King. Grab samples resulting Au.
Khashaatiin Khundii
Bayankhongor Province – 7178 ha Located within the Bayankhongor Belt, and is surrounded by mineral occurrences, quartz vein density was found on the license with light indications of mineralizing processes.
Naran Mandal
Bayankhongor Province – 1053 ha Located in Bayankhongor gold belt in the Orogen type (deposit classification) ore genesis. Au + Ag + low sulfide. Narrow vein high grade ores.
Teel
Uvurkhangai Province – 679 ha Located along the trend from Naran Mandal Gold Operations within the Bayankhongor belt.
Altgana
Selenge Province – 4937 ha Located within the Boroo-Gatsuurt district with frequent quartz veins with mineralized quartz veins located north of the license. Grab samples resulting Au and Ag.
Mandal Sumber
Tuv Province – 614.61 ha located in Mandal Sumber soum with hydrothermal, mesothermal lode gold, quartz sulfide Au, quartz vein.
Buregkhangai
Bulgan Province – 60 ha Sheeted quartz veins occur on the license on the margin of a major placer gold district.
Gashuun Khudag
Dundgobi Province – 8266 ha Gold mineral occurrences around the license. The relatively large size of the license and cassiterite prospectivity. Tin mineralization potential is high.
Shijir
Selenge Province – 385 ha Located within the North Khentii belt. Prospective host rocks.
Zegel
Khentii Province – 4092 ha Quartz sulphide stockwork associated with aplite dykes.
Khooloi
Khentii Province – 5591.32 ha Visible quartz-chalcedony epithermal veins +- sulphides. Positive Au grades.
Zagal
Dornod Province – 2640 ha Mineral occurrences around the license. Located on Mesozoic sediments and has coal-uranium potential.
Khovd
Govi Altai
Bayankhongor
Uvurkhangai
Ulaanbaatar
Dundgovi
Khentii
Dornod