[1] Asgat Mine sits on the Yustid Ore Cluster [2] in Nogoonnuur District, Bayan-Ölgii Province[1] The mine has estimated reserves of 2,247 tons silver.
Part of the mine required for access sits across the border in Russia, the location lacks road, rail, water, and power infrastructure.
In 2019, the Erdenes Mongol LLC took over of the mine from Mongolian-Russian joint venture Mongolrostsvetmet.
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