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Asian Battery Metals Secures Maikhan Uul Copper-Gold Project in Mongolia
8:32am on Friday 13th of March, 2026 AEDT
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Mining
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Asian Battery Metals Secures Maikhan Uul Copper-Gold Project in Mongolia
8:32am on Friday 13th of March, 2026 AEDT
Key Points
Acquisition of 100% ownership of Maikhan Uul Project via subsidiary Innova Mineral LLC
Project holds mining licence valid until 2045 covering 79.14 hectares
Due diligence drilling confirms thick massive sulphide mineralisation with notable copper and gold grades
Total acquisition consideration of US$890,000 subject to regulatory and tax conditions
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Asian Battery Metals PLC (ASX:AZ9)
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