Entree Resources Ltd T.ETG

Alternate Symbol(s): ERLFF

Metals & Mining Copper

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.

TSX:ETG - Post by User

Entree Resources Ltd

Bullboard Posts

Comment by scissors14on Nov 20, 2004 2:20pm

198 Views

Post# 8205153

RE: CAPTAIN20.....BGraham

By spending US$35 million on exploration and/or development of the property over eight years and earning a 70% interest, Ivanhoe will be deemed to hold: - an increased participating interest of 80% in all minerals extracted below a sub-surface depth of 560 metres on the optioned property; and - a 70% interest in all minerals extracted from surface to a depth of 560 metres.

Bullboard Posts

Invest wiser with BMO's InvestorLine Platform features