2006 has seen Red Hill Energy increase it's Ulaan Ovoo coal reserve for the second time from 136.4 million tonnes of high quality Bituminous coal to it's new reported quantity of 154.3 million tonnes. With a NI43-101 completed on the property by Behre Dolbear (USA) of Denver Colorado; Red Hill awaits it's results of a pre-feasibility study being finalised.
Red Hill also added the acquisition of the new Chandgana Tal coal project and has completed it's further Uranium exploration on it's Baganurat property, with drilling to begin later this year. Continuing exploration on 4 more of the most prospective Uranium properties out of it's 14 will proceed through the coming months. Red Hill also has 3 gold/copper projects in it's portfolio. For more information on our projects please use the links above.