ProactiveInvestors: Modun Resources ups the ante in Mongolia, further coal acquisition

Modun Resources has been reinstated to the ASX on the news that the company will acquire a large, pre-production coal project in the South Gobi Coking Coal District, Mongolia. The company already owns the Nuurst thermal coal project in Central Mongolia, which already hosts a coal JORC Resource of 489 million tonnes. The latest acquisition of the advanced mining Ha (Tsaagan Tolgoi) project with mining license and JORC resource of 45.4 million tonnes is a very neat fit with Nuurst, adding further upside for Modun Resources. To read the full article, click hereModun Resources ups the ante in Mongolia, further coal acquisition

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