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THL Mongolia Ltd purchase 70% of Mongolian Exploration Company

 
08-Dec-2009

HONK KONG - Ying Yu Tang, President of THL Mongolia Ltd., a fully owned subsidiary of Trendfield Holdings Ltd and Bayan Tsogbadrakh, Managing Director of KMNG LLC announced on Monday March 1, 2010 that THL Mongolia Ltd has purchased 70% of KMNG LLC (KMNG) holdings with the option to purchase another 20% within 3 years. KMNG is located in Ulaanbaatar, Mongolia and owns 3 explorative licenses 13602X, 13603X and 13408X. These licenses are located in the South Gobi Province at the southern border of Mongolia, in the territories of Hanboulag, Khanbogd, Sayshand and Dalanazadgad. The cumulative area of the licenses is 1935.5 km2. According to Mr. Tang, President of THL Mongolia, “Trendfield has been searching long and hard for an opportunity such as this. These permits, their location and proximity to the world class Oyu Tolgoi Project makes this a win-win project for all persons involved.We see this as an opportunity to expand our commodity base and begin to develop our projects and partnerships on the ground in Asia. We believe that these licenses may offer interesting exploration prospects for copper, gold, and rare earth elements.” About Trendfield Energy and Resources Trendfield Energy and Resources is a private international exploration and consulting firm exploring mineral rich regions and developing them into productive and profitable operations for the Asian market. Trendfield was created in 1997, to generate greater investment opportunities for the Asian energy sector, however since our inception, we have expanded globally and now have offices in China, Mauritania, Niger, Mongolia and Hong Kong and representation offices in Ecuador, Guinea and Korea.

Information contacts
Marketing: Christopher Lyon
Office: 86-10-8567-9215
Email:cwlyon@trendfieldonline.com
Website: www.Trendfieldonline.com



 

Niger Branch

Address: Trendfield Holdings SA, Trendfield House, Boulevard Mohamed VI, 457 Rue YN-25, Boite Postal 608, Niamey, Niger
Email: niamey@trendfieldonline.com
Tel: 00227 20 754448
Fax: 00227 20 754450

Beijing Branch

Address: 12C/F Block C, Central International Trade Center, 6A Jianguomenwai Avenue, Chaoyang District, Beijing, 100022 PRC
Email: beijing@trendfieldonline.com
Tel: 0086 10 8567 9215
Fax: 0086 10 8567 9221

Hong Kong Branch

Address: Unit 1. LG/F, Kai Wang Commercial Bldg. 222 Queen's Road, Central, Hong Kong
Email: hongkong@trendfieldonline.com
Tel: 00852 2545 6118
Fax: 00852 2854 4085


Mongolia Branch
Address: Palazzo Complex 3, Tokyo street 8, Room 305, 1 khoroo,Bayanzurkh district, Ulaanbaatar, Mongolia
Email: mongolia@trendfieldonline.com
Tel: 00976 70 150591
Fax: 00976 70 150592

 

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