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Entrée Resources is a Canadian mining company that owns a unique carried joint venture interest on a significant portion of one of the world’s largest copper-gold projects – the Oyu Tolgoi project in Mongolia. The Company’s interest in the Entrée/Oyu Tolgoi joint venture has the characteristics of a royalty, with the benefits of a producer. Entrée’s strong financial position and high-quality asset provide it with a solid foundation and flexibility for growth.
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Entrée/Oyu Tolgoi JV Project

The Entrée/Oyu Tolgoi joint venture property includes Lift 1 and Lift 2 of the Hugo North Extension copper-gold deposit, the Heruga copper-gold-molybdenum deposit, and a large underexplored, highly prospective land package. Rio Tinto is managing the ramp-up of the Hugo North (including Hugo North Extension) Lift 1 underground mine on both the Oyu Tolgoi mining licence and the Entrée/Oyu Tolgoi joint venture property. In March 2023, Rio Tinto announced the commencement of underground production from Lift 1 Panel 0 on the Oyu Tolgoi mining licence (100% Oyu Tolgoi LLC). The Hugo North Extension deposit on the Entrée/Oyu Tolgoi joint venture property comprises the northern portion of Panel 1. First development work on Hugo North Extension Lift 1 is currently expected in H2 2024. First production from the Panel 1 undercut (on the Oyu Tolgoi mining licence) is expected in ~2027.
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Latest News

May 8, 2024 Entrée Resources Announces First Quarter 2024 Results Mar 8, 2024 Entrée Resources Announces Fiscal Year 2023 Results and Reviews Corporate Highlights Feb 28, 2024 Entrée Resources Announces Partial Drill Results for Hugo North Extension and Provides Update on Underground Development Work View All News

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