MONGOLIA - Prophecy resumes Ulaan Ovoo operations

Prophecy Coal Corp has resumed mining operations at its Ulaan Ovoo Coal Project in northern Mongolia on time and on budget. Road conditions from the mine to the Sukhbaatar rail siding are normal and coal is being sold continuously to various customers.  1

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MONGOLIA - Sentosa completes first drilling at Darvii Naruu

The RC drilling program at Sentosa Mining’s Darvii Naruu Copper-Gold Project in Govi-Altai province, western Mongolia is now complete. There were18 holes drilled with an average of 67.3 metres per shift achieved.  1

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MONGOLIA - Sentosa starts drilling at Darvii Naruu

Sentosa Mining has started a reverse circulation drilling program on its Darvii Naruu Copper-Gold Project in western Mongolia’s Gobi Altai province to test 4 of 37 anomalies identified by a recent airborne geophysics survey conducted over the north western sector of the project.

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MONGOLIA - Viking Ashanti and Auminco to merge

Viking Ashanti has entered into a binding Heads of Agreement with emerging coal developer Auminco Mines under which it has agreed to merge with Auminco in a share exchange transaction. The merger will give the new entity exposure to high quality, strategically located coal assets in Mongolia. 1

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