During the Prospectors and Developers Association of Canada conference in Toronto, Minister of Mining Ts.Dashdorj told Mongolian investment forum participants that the amount of land available for exploration would increase from 9.6 percent to 20.9 percent, reports Reuters.
“The expansion reflects improved geological surveys and the land open for exploration could increase as further improvements are made,” the Minister said. He added that a large amount of land will be available for exploration and licensing, also mentioning that eco-
logically sensitive areas will not be included.
The Minister told participants that the decision was not final and that an official announcement could be made later this month.