Entree Resources Ltd ERLFF

Primary Symbol: T.ETG

Metals & Mining Industrial Metals & Minerals

Entree Resources Ltd. is a Canadian mining company. The Company is focused on the development and exploration of mineral property interests. The Company is principally focused on its Entree/Oyu Tolgoi JV Property in Mongolia. The Entree/Oyu Tolgoi joint venture property includes Lift 1 and Lift 2 of the Hugo North Extension copper-gold deposit, the Heruga copper-gold-molybdenum deposit, and a large underexplored, highly prospective land package. The Oyu Tolgoi project comprises two separate land holdings: the Entree/Oyu Tolgoi JV Property, which is a partnership between Entree and OTLLC, and the Oyu Tolgoi mining license, which is held by OTLLC. The Entree/Oyu Tolgoi JV Property comprises the eastern portion of the Shivee Tolgoi mining license and all the Javhlant mining license. The Company has a 56.53% interest in the Blue Rose Joint Venture. The Company has an interest in acquiring a 0.5% net smelter return royalty on the Canariaco copper project in Northern Peru.

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Entree Resources Ltd

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Post by Rock9011on May 30, 2024 11:40pm

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Post# 36065705

Mining Companies Limited to 34% go forward

That would be a typical Government f-up.
Theres not another mining company on the planet that would spend 5 cents in MG go forward on exploration if they are mandated to only 34% of a mineral deposit.

MG likely just doesn't want to pay the development costs on 34% of Etg's 20/30% mineral holdings.

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