“The Bronze Fox project consists of one of the largest copper-gold systems in Mongolia with only modest drilling having been completed. The consolidated West Kasulu prospect has only had three years of unimpeded prior drilling activity, and is located on the margin of and is a small portion of one of three large and underexplored intrusive complexes identified to date at the Bronze Fox project.
The MRE, for the at and near surface portions of West Kasulu, and an Exploration Target, for the deeper part of the system, under the JORC Code1, has been commissioned and paid for by Resilience and reflect the proposed strategy to focus on, and derive value from, the potential for early development of the near surface oxide resource and shallow porphyry expansion potential, while seeking partners to fund deeper drilling. It is pleasing to see the scale of previous…
