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Haranga Resources expands iron mineralisation area at Bayantsogt

Haranga Resources has expanded the area and depth of iron mineralisation hosted within the Banded Magnetite Skarn formation at the Bayantsogt prospect of its Selenge Iron Ore Project. This follows the receipt of the final set of assay results from its 2011 Bayantsogt drill program, where 31 of the 35 drill holes intersected significant widths of iron mineralisation.

Haranga said the mineralisation at Bayantsogt remains open in every direction including at depth and that the width and grade of the iron lodes generally increase at depth. This includes a large, high grade core commencing approximately 150m vertical depth from the base of the Bayantsogt hill.