Entree Resources Ltd T.ETG

Alternate Symbol(s): ERLFF

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 > Rio wants to buy Entree Mongolia leases

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Comment by Ausguyon Nov 10, 2024 6:47pm

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Post# 36305923

RE:Rio wants to buy Entree Mongolia leases

But the tenement that will host “panel cave one” is 20 per cent-owned by Entree, and Rio has not been able to convince Entree to sell its rights over the tenement.

The impasse threatens to disrupt the Oyu Tolgoi mine plan because construction of panel cave one cannot go ahead until Rio and Entree have a deal.

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