The magnetic survey has reported that the identified iron mineralization is coincident with an intense magnetic anomaly approximately 4km in length and between 0.5km to 1.0km in width.

Sumber iron ore project, located less than 50km from the Chinese border crossing at Hangi Mandal, consists of Mongolian exploration license 14568X in Dornogobi province in southeastern Mongolia.

The company is planning to drill the iron ore targets at Sumber this year as part of a first pass scout RC drilling program.