New exploration licence acquired

1. 2. 2022

The company Altan Shar Tal participated in tender on new exploration licences held on 4 January 2022. We submitted the best offer and got the licence XV-022011 Tsakhir in Bayangol soum of Selenge Aymag. The licence covers an area of 1219.96 ha on the right side of the Bayangol River. Wide valley with gently slopes is covered by the Cenozoic fluvial and colluvial sediments with high potential for gold placer.