Entrée Resources’ Latest Drilling Results at Hugo North Extension Deposit
VANCOUVER, British Columbia, February 27, 2025 – Entrée Resources Ltd. (TSX: ETG, OTCQB: ERLFF – the “Company” or “Entrée”) is excited to share the analytical results from eleven underground diamond drill holes (DDH) completed between 2022 and 2024 at the Hugo North Extension (HNE) deposit located on the Entrée/Oyu Tolgoi joint venture property in Mongolia. These results further strengthen the potential of the HNE deposit, as they indicate the presence of high-grade copper and gold mineralization.
High-Grade Mineralization at HNE
The eleven drill holes reached a total depth of approximately 4,500 meters and intersected multiple mineralized zones. The most significant intersections include:
- DDH-22-128 intersected 11.0 meters grading 1.02% copper and 0.41 grams per tonne (g/t) gold, starting at a depth of 954.5 meters.
- DDH-23-132 intersected 10.4 meters grading 0.62% copper and 0.33 g/t gold, starting at a depth of 1,048.7 meters.
- DDH-24-139 intersected 16.6 meters grading 0.45% copper and 0.17 g/t gold, starting at a depth of 1,032.2 meters.
Implications for Entrée Resources and the Mining Industry
These latest drilling results at the HNE deposit are a promising development for Entrée Resources. The presence of high-grade copper and gold mineralization in multiple drill holes further validates the potential of the HNE deposit and enhances the Company’s exploration efforts. This could lead to increased investor interest and potential collaborations in the mining industry.
Global Impact
The mining industry as a whole could benefit from these results due to the potential expansion of the HNE deposit. The discovery of high-grade copper and gold deposits is essential for meeting the growing global demand for these metals. Copper, in particular, is a critical component in the production of electric vehicles and renewable energy technologies, making it an increasingly valuable resource.
Conclusion
Entrée Resources’ latest drilling results at the HNE deposit on the Entrée/Oyu Tolgoi joint venture property in Mongolia have demonstrated the presence of high-grade copper and gold mineralization. These findings could lead to significant implications for Entrée Resources, the mining industry, and the global community as a whole due to the growing demand for copper and gold. As the exploration efforts continue, investors and industry professionals will closely monitor the developments at the HNE deposit.
Entrée Resources remains committed to its exploration activities and will provide further updates as new information becomes available.
