| ENTRÉE GOLD RECEIVES NEW COAL MINING LICENSE |
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Source: www.entreegold.com Date: 08 July, 2010 Entree Gold Inc. has received a mining license covering its Nomkhon Bohr coal discovery, outlined through exploration efforts in 2008-2009. The new license covers approximately 14,030 hectares in the northwest corner of the former Togoot exploration license. The portion of the property included in the license is mainly underlain by Permian sediments which are known to host rich coal deposits in this part of the Gobi Desert. "We have worked closely with our Mongolian resource consultants and the Minerals Council over the last several months to meet the criteria for a mining license. Our 100% ownership of the property and the 30-year initial term of the license give us many strategic options," said Mr. Greg Crowe, President and CEO of Entree. The Nomkhon Bohr thermal coal occurrences lie within Permian sedimentary rocks thought to be of similar age to those hosting the multi-billion ton Tavan Tolgoi thermal and metallurgical coal deposits. Tavan Tolgoi is located approximately 80 km to the northwest. Two groups are currently mining and trucking coal to China along an improved dirt road that passes immediately north of Nomkhon Bohr. This road is in the process of being paved. A railway, which will follow a similar route to the current road, is planned to service both Tavan Tolgoi and Oyu Tolgoi and provide greater access to markets in China.
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