National Extractive Industry Transparency Initiative

"Adamas Mining LLC is an Ulaanbaatar-based robust mining exploration company which has a solid and proven record of performance. Adamas Mining is a specialist in geology exploration. Our aim and vision is to build a successful partnership with Mongolia. We are doing this by applying the world's best environmental and perfomance practices in an ethical, cost effective and transparent manner. Adamas Mining is equally owned by two individuals, Mr. Yujiro Koyanagi, a Japanese CEO, and Mr Nomundari Zorigtbaatar, our Mongolian General Director. Adamas is one of Mongolia's first mining companies established by a Mongolian. Adamas Mining company has a proven record of success in the Mongolian market. Our experience and performance coupled with an advance Japanese management system, make us one of the select mining companies in Mongolia."

Ivanhoe Mines is an international mining company with operations focused in the Asia Pacific region. Ivanhoe's core assets are its world-scale Oyu Tolgoi copper and gold mine development project in southern Mongolia. In addition to the Oyu Tolgoi Project, the IVN Group operates a mineral exploration program in Mongolia. The field program is conducted by IMMI from base camps at Manlai and Kharmagtai in the Gobi desert. IMMI's Mongolian exploration program commenced in 2001. Initial reconnaissance consisted of satellite imaging and helicopter reconnaissance surveys on most of its Mineral Exploration Licences (MELs).

Red Hill Energy is a publicly traded (TSX-V: RH) mineral exploration company head quartered in Ulaan Baatar Mongolia that engages in the exploration, development and (currently) pre-production of advanced coal projects and a portfolio of uranium exporation projects. Red Hill is currently advancing three coal resources, in two significant basins towards production with a combined total exceeding the 1 Billion tonne mark of high quality reportable bituminous coal.