Resilience Mining Mongolia Limited (ASX:RM1)

Mark Stewart
Executive Chairman
Market Cap (AUD): Coming Soon
Sector: Materials
Last Trade (AUD): 0 +0 (+0%)
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1. About

Resilience Mining Mongolia Limited (ASX:RM1) is focused on investments in Mongolia's exciting minerals sector.

Resilience has entered into a conditional acquisition and joint venture agreement to acquire 80% of all the issued share capital in Kincora Group Limited (KGL), a wholly owned subsidiary of Kincora Copper Limited (ASX:KCC)

Through subsidiaries, KGL owns approximately 321 sq km of Tenements in the highly prospective Eastern Central Asian Fold Belt of Mongolia, comprising two Exploration Licences and one Mining Licence with a pipeline of advanced, some drill ready, and earlier stage gold and copper-gold prospects.

The Tenements in Mongolia, are prospective for exploration for copper and gold and are:

  • Bronze Fox Project which hosts the majority of the West Kasulu porphyry deposit for which an Exploration Target has been defined;
  • Tourmaline Hills Project which hosts a second and lesser-explored prospective intrusive porphyry complex; and
  • Red Well Project which is located about 100 km southwest of Bronze Fox and 25 km north and along trend from the Oyu Tolgoi series of deposits.

2. Business model

3. Strategy

4. Markets

5. Competition

6. History

7. Team

8. Financials

9. Risk