Khan Resources Inc. is an international mineral exploration and development company, engaged in the acquisition, exploration and development of gold and uranium properties in Mongolia. The mission of Khan has been to acquire low cost and high value properties in Mongolia. Management of Khan considers the future of the Company to be based on its uranium assets and accordingly commissioned and now has received a 43-101 Report on the Dornod Uranium Property.
Because of the growing shortfall in annual uranium production compared to demand uranium prices are rising and this trend could continue for years.
The Global demand for electricity is growing almost daily and Nuclear Energy fueled by Uranium currently provides 17% of it. Existing demand for Uranium outstrips the current supply by a significant amount and the demand continues to increase.
Khan Resources Inc., with its advanced Uranium properties in Mongolia, projected low production costs and experienced management team presents a strong investment opportunity to capitalize on the predictable and rising demand for Uranium.