East Asia Minerals Corporation (TSX VENTURE:EAS) has acquired the rights to mine uranium at a portion of the Ingiin-Nars Uranium Deposit. The mine is located about 500 kilometers southeast of Ulaanbaatur.  

The Ingiin-Nars Uranium Deposit was first explored during the Soviet era. Current estimates put existing uranium deposits at the site as considerably higher than earlier projected. 

Initial findings have shown the site has uranium deposits seven meters thick in zones as wide as 400 meters and stretching for 4.5 kilometers. 

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