Entrée Resources Ltd. With a unique carried interest in the Oyu Tolgoi mining project in Mongolia, the company plays an integral role in this significant venture. The Oyu Tolgoi project consists of two land holdings: the Oyu Tolgoi mining license and the Entrée/Oyu Tolgoi joint venture property.

The latter is a strategic partnership between Entrée and Oyu Tolgoi LLC. The Entrée/Oyu Tolgoi JV Property encompasses the Hugo North Extension and Heruga deposits, along with extensive exploration land. Entrée has a 20% or 30% interest, depending on the depth of mineralization, in extracting these valuable resources.

The mineral resources at Hugo North Extension are part of the larger Oyu Tolgoi Lift 1 underground block cave mining operation, which is being developed by Rio Tinto. The Oyu Tolgoi project is internationally recognized as one of the world's largest and most important copper-gold mines. It is expected to become the fourth-largest copper mine globally when it reaches peak production by 2030.

With a strong financial position and an experienced team, Entrée Resources is well-positioned for long-term success in the mining industry