Ulaanbaatar
Exploration licenses to be granted in April
PoliticsUlaanbaatar /MONTSAME/ The Government of Mongolia has planned 20.9 percent of the land for exploration through licensing and selection processes.
Currently, a work to grant licenses for some 1.6 million ha land through selection process has commenced and grants of exploration licenses for 13 million ha land is scheduled to commence in April. Some 44 percent of a total of 3546 licenses available are for operational use, while 55.6 percent are for exploration only. Also, the 34 percent of the operational and 55.7 of the exploration licenses are specifically for gold deposit. Copper sites for exploration are mostly located in the northern region of the country.
On that note, Mongolian Society of Economic Geologists are organizing the 9th annual "Mongolian Geology and Exploration 2017" meeting at the Corporate Convention Center on March 23-26. The event will include training on exploration method, various exhibitions and discussion on mining projects in Mongolia.
