Mogul Fact Sheet


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Mogul Fact Sheet

  1. 1. About Mogul Ventures Corp. Canadian company focusing on acquisition, exploration and development of coal projects in Mongolia. The Company is developing its 100% owned flagship asset, Black Hills thermal coal project located in Middle Gobi near Choir city. The extensive Russian exploration history at Black Hills and the recently completed drill program will result in a NI 43-101 compliant report prepared by SRK Consulting Ltd. Company Objectives RUSSIA • Complete initial NI 43-101 compliant ULAANGOM DARHAM Resource Estimate at the Black Hills (Khar Tolgoi) Project on the Ovdog ERDENET Hudag deposit MONGOLIA ULAANBAATAR CHOIBALSAN • Commence additional drilling and CHOIR BARUUN-URT surface exploration to maximize ALTAI Black Hills full potential including: Black Hills • Infill and expansion drilling to (Khar Tolgoi) SAINSHAND expand resources and upgrade resource category • Step-out drilling towards Ikh Ulaan-Nuur deposit to evaluate seam continuity CHINA • Evaluate potential for other valuable commodities on the property, including a potentialBlack Hills Project Overview copper porphyry system where• Black Hills (Khar Tolgoi) project is a thermal coal project located 90km from the Choir surface samples have shown up railway with a 35KWatt power line on the property. to 6% Cu• The mineral concession consists of 34,267 hectares and includes the Ovdog Hudag and • Commence an economic evaluation Ikh Ulaan-Nuur thermal coal deposits. • Seek strategic partners for funding• The company plans to monetize its coal assets through conventional open-pit mining expansion, off-take, potential as well as the application of new technologies for underground coal gasification. development of a power plant, and application of new technologies for monetizing deep-in-ground stranded coal • Acquire additional coal projects focusing on coking coal and thermal coal in proximity to near-term infrastructure development MOGUL VENTURES CORP. 8 King Street East, Suite 107, Toronto, Ontario, M5C 1B5, Canada p 416.309.4326 F 416.364.3346 E w
  2. 2. MOGUL VENTURES CORP. About Mongolia 8 King Street East, Suite 107, Toronto, Ontario, M5C 1B5, Canada p 416.309.4326 • F 416.364.3346 • E • Recognized as the home of some w of the world’s largest natural resource deposits including coal, gold and copper • Strategic Location: next door to the biggest consumer of commodities inOvdog Hudag Coal Deposit the world, China• Deposit’s historical resources based on Russian drilling • Mining sector contributes 30% of from the 1960s and 1970s (non 43-101 compliant) GDP and 70% of exports 1 estimated a C1 resource of 135 Mt and a C2 resource of • Stable business-friendly democracy: 66.2 Mt for a total of 201.2 Mt1 20 year uninterrupted history of• The deposit is comprised of 5 shallowly-dipping coal seams peaceful and democratic government ranging from 1m to 71m thick and defined by 85 historical • Favorable political environment: drill holes Mongolian Government focused• 2,370m, 14 hole diamond drilling program completed on the long-term development Q3, 2011 to form basis for 43-101 Resource Estimate and of resource-related sectors and Technical Report favorable policies towards business and foreign investmentsIkh Ulaan-Nuur Coal Deposit 1 The Ministry of Mineral Resources & Energy of Mongolia• Located 6km northeast of Ovdog Hudag Deposit• Ikh Ulaan-Nuur historical coal resources (C2)*1 were estimated at 88.4 Mt• Drilling program planned to establish and confirm resource potential and coal characteristics• Potential for Ovdog Hudag and Ikh Ulaan-Nuur to be linked by drilling in between• Property has potential for presence of other commodities (Cu, Fe)Mogul Ventures TeamSTeveN KHaN, MBa, CFa: Executive Chairman & DirectorJoHN CaRLeSSo: CEO & DirectorJaMuL JadaMBa: President & DirectordR. davId a. TeRRy, Ph.d., P.Geo.: Senior Geologist Mongolian Coal • Viewed as Saudi Arabia of Coal: total Minable resources are estimated at 162Bt 2 • Current coal production of about 16Mt per year (mostly exported to China), expected to reach 60-70Mt by 2015 3 • High quality and highly accessible: generally near surface, ideal for low cost open pit mining, dominated by high-quality low ash, low sulfur and low phosphorous coals • Known Geology: 12 coal basins, 3 regions with over 200 deposits of thermal and metallurgical grade coal 2, 3 Renaissance Capital’s June 15, 2011 report on “Moncoalia”