Gurvantes XXXV South Gobi Natural Gas Project

The Gurvantes XXXV Project is an exploration project for Coal Seam Gas (‘CSG’) covering approximately 10,000 km2 of the South Gobi basin of Mongolia.

Within the Project area multiple very thick (>50m) high quality, bituminous rank, coal seams outcrop at the surface and extend along an east-west strike for approximately 150km. Within the Project area there are six active coal mining operation, twenty six coal mining leases and numerous coal exploration licenses which combined have defined a very large coal resource.