Entree Resources Ltd

TSX:ETG

Entrée Resources Ltd. operates as a mineral exploration company that focuses on the exploration, development, and acquisition of base metal projects. The company is headquartered in Vancouver, British Columbia and currently employs 4 full-time employees. The firm is engaged in the development and exploration of mineral property interests. The firm is principally focused on its Entree/Oyu Tolgoi joint venture property in Mongolia. The Oyu Tolgoi project includes two land holdings: the Oyu Tolgoi mining license, which is held by Oyu Tolgoi LLC (OTLLC) and the Entree/Oyu Tolgoi joint venture property (Joint venture property), which is a partnership between Entree and OTLLC. The Entree/Oyu Tolgoi Joint Venture property includes the Hugo North extension copper-gold deposit and the Heruga copper-gold-molybdenum deposit. The firm has approximately 20% interest in mineralization extracted below 560 meters elevation, which includes the Hugo North extension and Heruga deposits, and a 30% interest in mineralization identified above 560 meters elevation from the Entree/Oyu Tolgoi Joint Venture property. The Entree/Oyu Tolgoi JV Property covers approximately 39,807 hectares.