Entrée Resources Announces Second Quarter 2021 Results

About this update from Entree Resources Ltd

[{"type":"text","content":"\n \n \n \n Entrée Resources Announces Second Quarter 2021 Results\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: TOP; BORDER-BOTTOM:black 0pt; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prngen3{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 0pt; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prnsbt0{\nBORDER-TOP:0pt\n}\n.prnsbr0{\nBORDER-RIGHT:0pt\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prnsbl0{\nBORDER-LEFT:0pt\n}\n.prnsbb0{\nBORDER-BOTTOM:0pt\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n VANCOUVER, BC\n \n ,\n \n Aug. 9, 2021\n \n /CNW/ - Entrée Resources Ltd. (TSX: ETG) (OTCQB: ERLFF) – the \"\n \n Company\n \n \" or \"\n \n Entrée\n \n \") has today filed its interim financial results for the second quarter ended\n \n June 30, 2021\n \n . All numbers are in U.S. dollars unless otherwise noted.\n \n \n \n Q2 2021 HIGHLIGHTS\n \n \n \n \n Entrée/Oyu Tolgoi JV Property\n \n \n On\n \n June 15, 2021\n \n , Entrée reported an updated Feasibility Study for its interest in the Entrée/Oyu Tolgoi JV Property. A National Instrument 43-101 Technical Report was filed on\n \n July 21, 2021\n \n (\"\n \n 2021 Technical Report\n \n \").\n \n \n \n 2021 Technical Report highlights include:\n \n \n \n \n \n Hugo North Extension Lift 1 updated Feasibility Study (\"\n \n 2021 Reserve Case\n \n \") after- tax NPV\n \n (8%)\n \n of\n \n $114 million\n \n attributable to Entrée\n \n (1)\n \n .\n \n \n \n \n Hugo North Extension Lift 2 Preliminary Economic Assessment (\"\n \n 2021 PEA\n \n \") after-tax NPV\n \n (8%)\n \n of\n \n $306 million\n \n attributable to Entrée\n \n (1)(2)\n \n .\n \n \n \n \n First development production from Hugo North Extension Lift 1 expected in 2022.\n \n \n \n \n Significant leverage to copper price as 2021 Reserve Case and 2021 PEA use\n \n $3.25\n \n /lb copper.\n \n \n \n \n \n Oyu Tolgoi Underground ...

More updates from Entree Resources Ltd