Jade Gas Excels in Mongolia Drilling Campaign

Jade Gas Holdings Limited (AU:JGH) has released an update.

Jade Gas Holdings Ltd announces the successful completion of a drilling campaign at the Baruun Naran coal field, with significant gassy coal intersections that could enhance gas resource estimates and advance the company towards a Production Sharing Agreement. Two major energy projects in Mongolia’s South Gobi region are now in focus, with imminent gas production from the Red Lake field as the company collaborates with Mongolian Mining Corporation to supply local operations with cleaner energy.

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