The Tuv Zaan Shiree gold, silver, zinc, and lead ore deposit is located in Khentii province’s Bayankhutag soum and Sukhbaatar province’s Munkhkhaan soum. The deposit is located 420 kilometers east of Ulaanbaatar, 55 kilometers southeast of Khentii province’s Bayankhutag soum Center, and 46 kilometers northwest of Sukhbaatar province’s Munkhkhaan soum Center, 68 kilometers southeast of Chinggis City, and 144 kilometers northwest of Baruun-Urt City.

According to the findings of exploration work conducted in the “Tuv Zaan Shiree” area in 2018, there are 3.4 tons of gold, 150.3 tons of silver, 101.2 thousand tons of zinc, and 28.4 thousand tons of lead were recorded in 52.7 million tons of ore reserves for national registration. The mine’s annual capacity is 800,000 tons, and its resources will be used for the next 7 years. The project will generate 166 to 172 jobs at the open pit mine and bring MNT 37 billion into the local economy.