Entrée Resources Announces Second Quarter 2019 Results
ENTREE RESOURCES (EGI)
NASDAQ:AMEX Investor Relations:
entreeresourcesltd.com/investors
Company Research
Source: PR Newswire
VANCOUVER, Aug. 8, 2019 /PRNewswire/ - Entrée Resources Ltd. (TSX:ETG; NYSE American:EGI – the "Company" or "Entrée") has today filed its interim financial results for the second quarter ended June 30, 2019. All numbers are in U.S. dollars unless otherwise noted.Q2 2019 HIGHLIGHTS Oyu Tolgoi Underground Development Update – MongoliaThe Oyu Tolgoi project in Mongolia includes two separate land holdings: the Oyu Tolgoi mining licence, which is held by Entrée's joint venture partner Oyu Tolgoi LLC ("OTLLC") and the Entrée/Oyu Tolgoi JV Property, which is a partnership between Entrée and OTLLC. On July 15 and July 31, 2019, Turquoise Hill Resources Ltd. ("Turquoise Hill") provided an update on underground development on the Oyu Tolgoi mining licence:Underground development progressed during Q2'19, with 3.2 total equivalent kilometres completed during the quarter. Since the restart of underground development in May 2016, 24.4 total equivalent kilometres and 18.9 equivalent kilometres of la
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