NEWLY DEMOCRATIC MONGOLIA OFFERING EXPLORATION CONTRACTS

William C. Penttila Exploration Associates International of Texas Inc. Houston Mongolia, formerly the Mongolian People's Republic, is working to open its exploration prospects to international operators as it emerges as the world's 15th largest independent nation. The country, about the same size as Alaska with a population of 2 million, held its first free election in July 1990 (Fig. 1). The newly elected government drafted a constitution that took effect Feb. 12, 1992. The document

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