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Prairie Provident Resources Announces First Quarter 2026 Results

The company said licence transfer talks with Mongolia remain focused on enabling underground development, while first-quarter cash outflow held at $0.6 million.

  • On Thursday, Entrée Resources filed its first-quarter 2026 financial results, continuing efforts to transfer the Shivee Tolgoi and Javkhlant mining licences from its subsidiary to Oyu Tolgoi LLC .
  • Transferring these licences to OTLLC is necessary to enable Lift 1 Panel 1 underground development work on the Shivee Tolgoi mining licence area, as mandated by the 2009 Oyu Tolgoi Investment Agreement .
  • Entrée LLC requested a withdrawal of its court claim on March 24, 2026, advising the court the joint venture will resubmit valuation calculations to the Mongolian tax authority after paying corporate income taxes.
  • On March 25, 2026, the company delivered a non-binding proposal to the Minister of Industry and Mineral Resources of Mongolia, who leads the Government Working Group established to negotiate the State's interest in the licences.
  • Approval of a 2026 in-fill diamond drilling program at the Hugo North Extension deposit authorizes approximately 9,136 metres of drilling on the Shivee Tolgoi mining licence to support resource estimation and geotechnical characterization.
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13 Articles

The Toronto StarThe Toronto Star
+5 Reposted by 5 other sources
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Prairie Provident Resources Announces First Quarter 2026 Results

CALGARY, Alberta, May 14, 2026 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. ("Prairie Provident" or the "Company") (TSX:PPR) announces its financial and operating results for the first quarter of 2026. The Company’s interim financial statements for the three months ended…

·Toronto, Canada
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Mississauga NewsMississauga News
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Entrée Resources Announces First Quarter 2026 Results and Provides Corporate Update

VANCOUVER, British Columbia, May 14, 2026 (GLOBE NEWSWIRE) -- Entrée Resources Ltd. (TSX:ETG; OTCQB:ERLFF – the “Company” or “Entrée”) has today filed its interim financial results for the first quarter ended March 31, 2026. All numbers are in U.S. dollars…

·Mississauga, Canada
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Mississauga News broke the news in Mississauga, Canada on Thursday, May 14, 2026.
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