Mapping Mongolia’s Resources
Industry Insights
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“The new government policy aims to boost exploration funding and to re-conduct airborne geophysical surveys to enhance data availability. This initiative responds to the fact that the existing surveys were undertaken by a Mongolian and Russian joint expedition before the 1990’s. Consequently, all exploration data is outdated, and we also lack digital data.”
Algirmaa Ikhbayar, CEO, Geosan
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“Mongolia is not fully mapped. Only 45% of Mongolia’s territory is covered by a 1:25,000 scale map, but the government plans to cover the remaining 55% by 2025 to provide a first layer of understanding of the country’s geological makeup to attract further investment. Geomaster plans to participate in the open tender for the large survey.”
Munkhtogtokh Ts, Founder, Geomaster
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“We are partnering on a project with the Geological Research Center of Mongolia and the Ministry of Mines and Heavy Industry to run a Helitem electromagnetic survey covering the South of the country, where mines like the OT are located. We will follow this up with a Falcon survey in early 2024. We are extremely enthusiastic about Mongolia and the broader Central Asian region.”
Bart Anderson, COO APAC, Xcalibur Smart Mapping
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