ENTRÉE RESOURCES ANNOUNCES FISCAL YEAR 2022 RESULTS and REVIEWS CORPORATE HIGHLIGHTS
Retrieved on:
Friday, March 31, 2023
Rio Tinto (corporation), ETG, EDGAR, RC, Aerodrome, Ventilation, Capital, Acquisition, Management, Relaxation, Sandstorm Gold, Rio Tinto, Corporate development, Technical report, Government, Panel, Tribunal, National instrument, Hearing, Diamond, SEDAR, National Instrument 43-101, TSX, Safety, COVID-19, Tavan, NI, Annual report, Technical, Partnership, Conversation, Bell, Oyu Tolgoi mine, Joint venture, Mining, Copper, Tunnel, Risk management, Cryptocurrency, Commercial property, Life insurance
The Hugo North Extension deposit on the Entrée/Oyu Tolgoi JV Property is located at the northern portion of Panel 1.
Key Points:
- The Hugo North Extension deposit on the Entrée/Oyu Tolgoi JV Property is located at the northern portion of Panel 1.
- The Shaft 3 headframe was commissioned and sinking commenced on March 31, 2022.
- The final depths required for Shafts 3 and 4 are 1,148 metres and 1,149 metres below ground level, respectively.
- For the 2022 fiscal year, the operating loss was $3.6 million compared to $3.0 million in 2021.