Welcome to our dedicated page for Entree Resources news (Ticker: ERLFF), a resource for investors and traders seeking the latest updates and insights on Entree Resources stock.
Entrée Resources Ltd. (OTCQB: ERLFF) generates news primarily through developments at the Entrée/Oyu Tolgoi joint venture property in Mongolia and its interactions with partners and government stakeholders. As a Canadian mining company with a carried participating interest in the Oyu Tolgoi copper-gold project, Entrée’s updates often focus on underground mine development, drilling results, and regulatory processes affecting the Shivee Tolgoi and Javkhlant mining licences.
News items commonly cover progress and changes in Lift 1 Panel 1 underground development at the Hugo North Extension deposit, including pauses or advances in lateral development work linked to the timing of licence transfers to Oyu Tolgoi LLC (OTLLC). Entrée also regularly reports detailed analytical results from in-fill and regional diamond drilling programs on the joint venture property, highlighting copper-gold and copper-gold-molybdenum mineralization intervals that support resource models and technical studies.
Another key theme in Entrée’s news flow is the legal and regulatory framework in Mongolia. Company releases describe arbitration outcomes, the implementation of a partial final award in its favor, and subsequent steps such as executing the Entrée/Oyu Tolgoi Joint Venture Agreement and License Transfer Agreements. Updates also address interactions with the Mongolian tax authority, the Administrative Court of Mongolia, and bodies such as the Parliamentary Temporary Oversight Committee and Government Working Group reviewing the Oyu Tolgoi strategic group of deposits and the State’s interest in the joint venture area.
Corporate governance and financing developments, including annual general meeting results, board changes, and private placements, are also reported. Investors following ERLFF news can use this page to review how operational, legal, and policy developments may affect Entrée’s joint venture position and its exposure to the Oyu Tolgoi copper-gold project over time.
Entrée Resources (OTCQB:ERLFF) provided an update on the Entrée/Oyu Tolgoi joint venture license matters for the Shivee Tolgoi and Javkhlant licences held by Entrée LLC.
The Mongolian Parliament established a Temporary Oversight Committee (Resolution No. 62) that held public hearings in December 2025 and on Dec 19, 2025 reported draft findings returned to the Standing Committee on Economics for further review. The company attended the hearings and submitted requested documentation.
The Prime Minister established a Government Working Group (Order No. 73, Aug 22, 2025) to negotiate State interest; Entrée met the group on Dec 10, 2025 and negotiations are expected to begin shortly. OT LLC holds an 80% (or 70% depending on depth) economic interest and exclusive operational rights in the JV License area. Entrée LLC filed an Administrative Court claim in Q3 2025 seeking tax-value review required before license transfer registration; a court hearing is expected to be scheduled shortly.
Entrée Resources (OTCQB:ERLFF) announced a board change: Dr. Michael Price will retire from the board effective December 31, 2025 after more than seven years of service. The company named Chris Adams as an independent director to fill the vacancy and he will join the board effective January 1, 2026. Mr. Adams is a mining finance consultant with 35 years of industry experience, formerly head of Mining Finance for the Americas at Macquarie Group, and holds a B.Com from McGill, an MBA from MIT, and the CFA designation.
The board highlighted Adams’ mining finance background and said he will assist as the company continues efforts to resolve outstanding issues in Mongolia to enable restart of Oyu Tolgoi Lift 1 Panel 1 underground development work.
Entrée Resources (OTCQB:ERLFF) filed interim financials for Q3 2025 for the period ended September 30, 2025. Key operational items include ongoing efforts to transfer the Shivee Tolgoi and Javkhlant mining licences to OTLLC and a claim filed with the Administrative Court of Mongolia on August 1, 2025 seeking MTA confirmation of licence value calculations for tax purposes. Rio Tinto reported record quarterly copper production at Oyu Tolgoi on October 14, 2025, and project ramp-up remains on track to ~500,000 tonnes of recoverable copper per year from 2028–2036. Cash was $4.9 million at September 30, 2025.
Entrée Resources (OTCQB:ERLFF) reported Q2 2025 results highlighting significant developments in its joint venture with Oyu Tolgoi LLC. The company faces key challenges regarding the transfer of Shivee Tolgoi and Javkhlant mining licenses to OTLLC, with ongoing negotiations with Mongolian tax authorities.
Underground development at Hugo North Extension was paused in June 2025 pending license transfers. The 2024-2025 drilling programs included 5,340.70 metres in surface holes and 6,566.88 metres in underground holes. As of June 30, 2025, the company maintained a cash balance of $5.7 million and working capital of $5.6 million.
Critical negotiations continue with the Mongolian government regarding 34% state ownership in the strategic Oyu Tolgoi deposit area, while the project aims to become the world's fourth-largest copper mine by decade's end.
Entrée Resources (OTCQB:ERLFF) provided a comprehensive update on critical corporate matters, primarily focusing on the transfer of the Shivee Tolgoi and Javkhlant mining licenses to Oyu Tolgoi LLC (OTLLC). The company reported that Lift 1 Panel 1 underground development work has been paused since June 6, 2025, pending the license transfer completion.
Key developments include: 10% corporate income tax assessment requirement on license transfers, ongoing negotiations regarding State participation of up to 34% in the strategic deposit, and Royal Gold's announced acquisition of both Sandstorm Gold and Horizon Copper. Horizon Copper currently owns 24.25% of Entrée's shares (50,297,717 common shares).
The company is actively engaging with Mongolian authorities to resolve these matters and facilitate the resumption of development work.Entrée Resources (ERLFF) has announced significant drill results from its Hugo North Extension (HNE) deposit in Mongolia. The highlight includes surface drill hole UGD189B which intercepted 552 meters grading 3.11% copper equivalent (CuEq), including an impressive 260 meters grading 4.45% CuEq. Underground drilling also yielded notable results, with UGD876 returning 169.3 meters at 3.21% CuEq.
The drilling program, conducted in partnership with Oyu Tolgoi LLC, included one surface diamond drill hole and six underground holes completed during 2022 and 2024. The results demonstrate strong mineralization continuing up to 200 meters below the potential Lift 2 block cave, suggesting potential for future deeper mining operations.
Additionally, Panel 1 underground development has progressed with approximately 152 equivalent meters of lateral development work completed as of April 30, 2025. The company is working towards transferring the Shivee Tolgoi and Javkhlant mining licenses to OTLLC, which is crucial for planned 2025 development work.
Entrée Resources (ERLFF) has reported its fiscal year 2024 results and significant developments. The company achieved a major milestone when an international arbitration Tribunal ruled in its favor against Oyu Tolgoi (OTLLC) in December 2024. Following this, the Joint Venture Agreement (Entrée/Oyu Tolgoi JVA) was formally executed in February 2025.
Key operational highlights include the commencement of first Oyu Tolgoi Lift 1 Panel 1 underground development work on October 28, 2024, with 48 equivalent metres of lateral development completed by year-end. The 2024 drilling program included extensive surface and underground drilling at Hugo North Extension, totaling ~4,652.1 metres and ~6,221.1 metres respectively.
Financial results show an operating loss of $4.8 million for 2024, compared to $4.5 million in 2023. The company ended the year with a cash balance of $2.4 million and working capital of $2.6 million. In January 2025, they raised C$5.7 million through a private placement.
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