(MENAFN- ProactiveInvestors - Australia) Draig Resources (ASX: DRG) has started its maiden exploration program at the South Gobi licence and is progressing exploration at the Ovorhangay licence after completing a review of the two Mongolian areas.
The work at South Gobi for the remainder of 2012 includes field mapping and a surface geophysical program using IP resistivity over the Zamt Uul and Gurvantes projects.
This targets several coal prospective areas identified during recent field visits and will include detailed geological mapping and ground geophysics.
Field mapping and ground geophysics work will also be undertaken on the Shavan project while reconnaissance mapping and rock chip sampling is expected to start at the Olomgui licence in November 2012.
Zamt Uul and Gurvantes will be the main focus of exploration due to their compelling proximity to neighbouring projects, geology and infrastructure.
Draig has identified previously mapped occurrences of gold, copper and molybdenum on both projects.
The company also plans to trial GPR geophysical techniques over its Teeg and Nariin Teeg projects at Ovorhangay.
It had previously established a 75 million tonne Inferred coal resource at Teeg with an exploration target of between 30 million and 160 million tonnes over both Teeg and Nariin Teeg.
The GPR work will be used to identify additional near surface coal horizons and also aid in the mapping of any faulting. The survey aimed at mapping and identifying near surface coal bearing sequences will then be undertaken on the large, underâ€explored Khonghor license area.
The results of this survey will be used to develop drill targets for future programs.
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