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QGX receives mining license for Golden Hills site PDF Print E-mail
Thursday, 27 March 2008
ImageQGX Ltd. (TSX:QGX) announced Wednesday that it will be granted a license by Mongolia to develop the Golden Hills site in western Mongolia. 

Company officials said significant deposits of copper, gold and silver have been discovered at Golden Hills. 

In Mongolia, the initial term of a mining license is 30 years. A mining license holder has the right to extend the term of the mining license twice for a period of 20 years each.


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