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 | Prophecy Development Corp.
Owner: 100% |
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| Titre | Profil de la Compagnie | Tous les projets | Site web de la compagnie | Page projet de la compagnie |
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| The 100% owned Ulaan-Ovoo coal deposit was acquired in November of 2005 with a transferable 55 year mining license and a 45 year extension option. |
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Located in the territory of Tushig soum, a sub province of Selenge Aimag (province) in Northern Mongolia it is 8 kilometers (km) west of the central village of Tushig Soum and 12 km away from Mongolian-Russian border. The project is approximately 120km East of the main railway linking Russia and China and has the Zelter River running in immediate proximity to the project.
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Detailed historical work was performed on it in 1975 by the Mongolian Ministry of Geology and Energy and from 1993-1997 by Erdenet. (A Mongolian owned mining and processing company) Historical data suggested a potentially large coal deposit in the No Plus...
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