Oriental Non-Ferrous Resources Development Inc. Reports Earnings Results for the Full Year Ended September 30, 2018
January 27, 2019
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Oriental Non-Ferrous Resources Development Inc. announced earnings results for the full year ended September 30, 2018. For the full year, the company announced net loss was CAD 199,544 compared to CAD 262,456 a year ago.
Oriental Non-Ferrous Resources Development Inc is a Canada-based company engaged in nonferrous metal mining business sector. The Company's objective is to seek out and acquire prospective mineral exploration properties in Mongolia with the view to exploring and developing the properties. The Company holds mineral exploration license of the mineral properties located in Kharganii am-1, Bornuur soum, Tuv aimag, Mongolia totalling 1,073 hectares and mineral mining license covering 42.12 hectares of same areas, which is its primary mining focus.