Company Description: ADAMAS MINING was established in 2001 in Mongolia and has successfully undertaken exploration and the development of mineral deposits throughout the country. Over the last 20 years, the company has achieved notable successes with its team, conducting detailed exploration of minerals across over 200 projects, including coal, rare earths, gold, silver, polymetallics, and uranium.

Deposit Location: Sukhbaatar Province, Erdene Tsagaan Soum

License Area: Approximately 31 hectares for the additional exploration area at Jonsh Tolgoi.

Deposit Type:

• Vein-type fluorite mineralization in altered muscovite granite

Target Commodity:

• Fluorite (CaF₂)

Average Grade:

• Ore Body 1: 22.3–73.6% CaF₂
• Ore Body 2: 23.86–72.4% CaF₂
• Mineralized zone: 8.09–22.04% CaF₂

Work Completed:

• Geological mapping: 20 hectares
• Mapping traverses: 1.2 km
• Exploration traverses: 7.2 km
• Trenching: 737.32 m³
• Core drilling: 404.7 meters (7 holes)
• Core sampling: 165 samples
• Trench sampling: 1 sample
• Laboratory analysis: 70 samples sent to labs (ALS Mongolia and Central Geological Laboratory)