Khan Resources (KRI) Stock Price, News & Analysis

Khan Resources Inc. (Khan) is a Canada-based company. It is a mineral exploration and development company engaged in the acquisition, exploration and development of uranium in Mongolia. The Company is engaged in the exploration and development of certain uranium properties that are located in the Dornod district of north eastern Mongolia. These uranium properties are known as the Dornod Uranium Project and consist of a 58% interest in the Main Dornod Property and a 100% interest in the Additional Dornod Property. The Main Dornod Property consists of an open pit mine (Dornod Deposit No. 2) and approximately 0.67% of an underground deposit (Dornod Deposit No. 7). The Additional Dornod Property consists of approximately 0.33% of deposit seven and part of another underground deposit. On November 30, 2009, Khan acquired 16.1% interest in Macusani Yellowcake Inc., which holds uranium properties in the Macusani Plateau district of Peru.