1. About Mogul Ventures Corp.
Canadian company focusing on acquisition, exploration and development of coal
projects in Mongolia. The Company is developing its 100% owned flagship asset,
Black Hills thermal coal project located in Middle Gobi near Choir city.
The extensive Russian exploration history at Black Hills and the recently completed
drill program resulted in a NI 43-101 compliant 89.6 million tons of Inferred Resources
in Ovdog Khudag coal deposit.1
Company Goals and
RUSSIA Objectives
ULAANGOM
DARHAM
• Additional drilling and surface
ERDENET exploration to maximize Black Hills’ full
MONGOLIA ULAANBAATAR CHOIBALSAN
potential including:
• Infill and expansion drilling to
CHOIR BARUUN-URT expand resources and upgrade
ALTAI resource category
Black Hills
• Step-out drilling between Ovdog
(Khar Tolgoi) SAINSHAND
Hudag and Ikh Ulaan-Nuur to
delineate additional resources
• Re-drill Ikh Ulaan-Nuur
CHINA • Commence detailed development
studies including: environmental
baseline, processing, mine design
Black Hills Project Key Advantages • Evaluation of potential for other
valuable commodities on the
• trategic location close to existing rail line (parallel line planned) providing ready access
S property (Fu, Cu)
to Chinese markets
• Commence an economic evaluation
• he mineral concession consists of 34,267 hectares and includes the Ovdog Hudag and
T
Ikh Ulaan-Nuur thermal coal deposit • Develop Black Hills towards production
• Open pit accessible thermal coal resources with expected low strip ratio
• Seek strategic partners for funding
• I 43-101 compliant Inferred Resource of 89.6 Mt from 2,370m of drilling in 14 holes
N expansion, off-take, development of a
at Ovdog Hudag deposit power plant, and application of new
• Excellent potential to significantly expand the projects’ coal resources through: technologies for monetizing deep-in-
ground stranded coal
o nfill and step-out drilling at Ovdog Hudag deposit where substantially larger historical
I
resources were delineated by Russian work in the 1960s and 1970s through more • Acquire additional coal projects
detailed drilling focusing on coking coal and thermal
o Testing the undrilled area between the two known deposits coal in
• Ovdog Hudag coal deposit remains open to the north
• Drilling of the Ikh Ulaan Nuur deposit 7km NNE of Ovdog Hudag (86.4 Mt2) MOGUL VENTURES CORP.
• Property has potential for presence of other commodities (Cu, Fe) Bay Adelaide Centre
Suite 1200, 333 Bay St.
Toronto, ON
M5H 2R2, Canada
NOTES
p 416.309.4326
1. Ovdog Hudag Coal Deposit, Mogul Ventures Corp. – Draft 43-101 report by SRK Consulting (China) Ltd., Dec.31.2011 F 416.364.3346
E information@mogulvc.com
2. SRK Consulting External Technical memo, May 28, 2011; Technical Report on the Coal Resources of the Ovdog
Hudag Coal Deposit Dundgovi Province, Mongolia” prepared by Flore Tungalag w www.mogulvc.com

2. MOGUL VENTURES CORP. Mogul Ventures Team
Bay Adelaide Centre, Suite 1200, 333 Bay St., Toronto, ON, M5H 2R2, Canada
STeveN KHaN, MBa, CFa
p 416.309.4326 • F 416.364.3346 • E information@mogulvc.com
Executive Chairman & Director
w www.mogulvc.com
JOHN CaRleSSO
CEO & Director
JaMul JadaMBa
President & Director
davId a. TeRRy, Ph.d., P.Geo.
Ovdog Hudag Coal Deposit Senior Geologist
• In 2011 a 14 hole, ~2,370 m core drilling program on 1,000 m
centers confirmed the historical work on the deposit, forming
the basis for a NI 43-101 Resource Estimate by SRK Consulting
• NI 41-101 Report summary results:
• Estimated Inferred Resources of 89.6 Mt*
• 8 coal seams recognized – 4 fully mineable, 2 partially
mineable
• Classed as High Vol Bituminous A Thermal Coal
• Average Gross Calorific value – 3,776 to 4,952 Mj/kg
• Average Volatile Matter – 29.9 to 37.9%
• Average Fixed Carbon – 32.3 to 39.5%
• Average Ash – 22 to 33% - washing will reduce
• Average Sulphur - 4.94%; removal of abundant visible pyrite
by washing expected to reduce S levels significantly
• SRK recommended program: infill and expansion drilling Mongolian Coal
program, process test work, mine design and Preliminary Economic Assessment
• Viewed as Saudi Arabia of coal:
total Minable resources are estimated
Ovdog Hudag & Ikh Ulaan-Nuur at 162Bt 6
Deposits IKH ULAAN • Current coal production of about
NUUR 16Mt per year (mostly exported to
• vdog Hudag coal deposit historical resources,
O DEPOSIT China), expected to reach 60-70Mt
based on Russian drilling from the ‘60s and ‘70s, by 2015 7
using a Russian Classification system and based • High quality and highly accessible:
on >85 drill holes:
generally near surface, ideal for low
• 1968: C1+C2 resources totalling 201.2 Mt3 cost open pit mining, dominated by
• 1970: B+C1+C2 resources totalling high-quality low ash, low sulfur and
7 km
168.2 Mt4 undrilled low phosphorous coals
area between
deposits • Known Geology: 12 coal basins,
• kh Ulaan-Nuur coal deposit is located
I
7km NNE of Ovdog Hudag and was 3 regions with over 200 deposits of
defined by Russian drilling in the thermal and metallurgical grade coal
‘60s and ‘70s OVDOG NOTES:
• 1970: A+B+C1+C2 resources HUDAG
4. SRK Consulting External Technical memo,
totalling 86.4 Mt5
DEPOSIT May 28, 2011; Technical Report on the Coal
Resources of the Ovdog Hudag Coal Deposit
• Excellent potential for additional Dundgovi Province, Mongolia” prepared by
coal resources to be delineated in the Flore Tungalag
undrilled area between Ovdog Hudag 5. SRK Consulting External Technical memo,
and Ikh Ulaan-Nuur May 28, 2011; Technical Report on the Coal
Resources of the Ovdog Hudag Coal Deposit
• e-drilling of Ikh Ulaan-Nuur will add
R Dundgovi Province, Mongolia” prepared by
to NI 43-101 resources Flore Tungalag
• pen pit accessible coal resources with
O 6. SRK Consulting External Technical memo,
expected low strip ratio May 28, 2011; Technical Report on the Coal
2011 drill holes Resources of the Ovdog Hudag Coal Deposit
2 KM
Historical drillholes Dundgovi Province, Mongolia” prepared by
Flore Tungalag
ILLUSTRATION: Drill Rig, 2011 6, 7. Renaissance Capital’s June 15, 2011 report on
“Moncoalia”