Examples of Ovoot Tolgoi Deposit in a sentence
The Company, through its joint venture with NTB LLC, completed the construction of a paved highway from the Ovoot Tolgoi Deposit to the Shivee Khuren border crossing.
For further information on "Complex" deposit types, refer to the Table entitled "Criteria used to Define Assurance of Existence for Coals in Complex Geology Type" under heading "DESCRIPTION OF MATERIAL PROPERTIES – Ovoot Tolgoi Deposit – Mineralization" in this Annual Information Form.
Exploration activities are not recommended during the harsh winter months; however, the climate is expected to allow year round mining operations, based on the Company’s experience at the nearby Ovoot Tolgoi Deposit and competitor mines in the region.
Geological Setting Regional Geology The Soumber Deposit is structurally located along the Nariin Sukhait thrust fault approximately 25km east of the Ovoot Tolgoi Deposit.
The surface resource depth cut-off of 300m was used, as pit optimisation studies of the Ovoot Tolgoi Deposit indicate that while mining to such a depth is feasible, there is insufficient deep drilling to quote any potential underground coal tonnage below 300m.
The updated estimate of resources at the Ovoot Tolgoi Deposit is summarized in the following table.Totals may not add up due to rounding.
Undoubtedly there could be circumstances where the holding of a ‘second’ event could mean that preparations for the ‘first’ one cannot be undertaken or it cannot get under way because its ‘space’ is occupied but it ought to be possible to measure this in more concrete terms than is done in the present provision; it is unlikely that an interval of more than two or three hours between the end of the ‘second’ and the start of the ‘first’ would be necessary.
Ovoot Tolgoi Deposit – Reserve Estimate Reserve (Mt) Pit Sunrise Pit Seam Group 7 Proven0.4 Probable0.5 Total0.9 6 1.7 1.4 3.1 5U 29.3 6.3 35.6 5L 12.4 1.7 14.1 4 0.4 0.5 0.9 Sub-total 44.3 10.3 54.6 Sunset Pit 11 0.1 – 0.1 10 5.0 0.6 5.6 9 10.2 0.5 10.7 8 10.4 0.5 10.9 5U 21.1 1.8 22.9 5L 8.6 0.9 9.5 Sub-total 55.2 4.3 59.5 Grand Total 99.5 14.6 114.1 Totals may not add up due to rounding.
The East Soumber and Biluut fields - MV-016869, granted on July 6, 2011 and covering an area of 10,992.92ha and expires on July 4, 2041, with an option for two 20 year extensionsFor additional information on MELs and mineral licences in Mongolia refer to "DESCRIPTION OF MATERIAL PROPERTIES – Ovoot Tolgoi Deposit – Property Description and Location" in this Annual Information Form.
The updated resource estimate for the Ovoot Tolgoi Deposit was prepared for the Company by DMCL which has been engaged to prepare a technical report in compliance with the requirements of NI 43-101 reflecting the updated resource estimate, which the Company expects to file on SEDAR within 45 days of this Annual Information Form.