STGO might require "Hard talk" with Mongolian Govt.To move fwd Uudam Khundii property...What a situation in there...HAH.....Guess, they've lost priority over one of the flagship exploration project. While they were preparing their propaganda, the Mongolian government surrounded their flagship projects.
Mongolia Considers Acquiring 34% Stake in Eight Potential Strategic Deposits: "....Mongolia may take a 34% stake in Xanadu Mines Ltd.’s Kharmagtai copper-gold project after a proposal to classify the asset as a strategic deposit..."
"...According to Batzandan, the proposal includes a total of eight deposits for strategic designation. Alongside Kharmagtai, the list features Bayan Khundii and Altan Nar – two projects owned by Toronto-listed Erdene Resource Development....."
https://news.mn/en/801439/ URGENT: The Government to discuss acquiring "Tugrug Nuur" sold by K. Battulga to make it a strategic deposit alongside 39 others: "...To elaborate, on February 6, 2007, a resolution was passed by the State Great Khural (Parliament) registering 15 strategic deposits. A year later, one more strategic deposit was added. An additional 39 strategic deposits have the potential to produce more than 5% of the GDP..."
".....27th resolution of the State Great Khural on February 6, 2007 include Tavantolgoi coal, Nariin Sukhait, Baganuur, Shivee Ovoo coal deposits, Mardai uranium, Dornod uranium, Gurvan Bulag uranium, Tumurtei iron ore, Oyu Tolgoi copper and gold, Tsagaan Suvarga copper and molybdenum, Erdenet copper and molybdenum, Burenkhaan phosphate, Boroo gold, Tumurt ovoo zinc and lead, Asgat silver, Gatsuurt gold deposits....."
https://www.mongolbeat.com/mongolia-news-summary-for-april-03-2025/#a-proposal-to-increase-the-number-of-strategic-deposits-to-55-will-be-submitted-to-the-parliament Let's see. How things will move fwd...HA-HA-HA