Garrison International Ltd. (TSX
VENTURE: GAU) has purchased its second Mongolian gold mining site. Located in Sukhbaatar Province, some
420 kilometers southeast of Ulaanbaatur, the site is considered to
have a larger potential than previously developed. From 2002 through
2005, a Mongolian company excavated one ton per day at the site. In purchasing the rights to the site,
Garrison International Ltd. paid $300,000 to Asia Intercept Mongolia
LLC for 100 percent title rights. Garrison International Ltd. is expected
to spend just under $2 million on site exploration over the next five
years.
Garrison International purchases gold site from Asia Intercept Mongolia
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