With shares trading at an eight-year peak and aiming higher, Elixir Energy has provided an update on its largest exploration program to date in Mongolia.
The Adelaide-headquartered explorer launched the exploration and appraisal program across its 100%-owned Nomgon IX CBM PSC, where the spudding of two exploration wells is imminent.
The first well in the 2021 drilling program, Yangir-2, has just been finished and the Yangir depocenter has proven to be highly fractured and hosting of...