# Entree Resources Ltd.

Entree Resources Ltd. is an other based in Vancouver, Canada.

## Overview

- **Organization type:** other
- **Headquarters:** Vancouver, Canada
- **Region:** North America
- **Address:** Vancouver, British Columbia, Canada
- **Founded:** 1996
- **Assets under management:** Undisclosed
- **Website:** entreresources.com

## Regulatory record

- **Reports private funds:** No

## About

Entree Resources Ltd. was incorporated in 1996 under the Business Corporations Act of British Columbia. The company emerged from the Entree Gold group and has since narrowed its focus to a single, high-conviction asset: the Entree-Oyu Tolgoi joint venture property in Mongolia's South Gobi region. Entree holds a 20% carried interest in the Entree-Oyu Tolgoi JV, which covers two mineralized zones — Hugo North Extension and Heruga — that are contiguous with the Oyu Tolgoi deposit operated by Rio Tinto. The company does not deploy capital across multiple asset classes; its sole strategy is advancing the JV property toward production, which would generate royalties from copper and gold output. Per the firm's public filings, no production date has been set. Geographic focus is limited to Mongolia, with corporate offices in Vancouver. The company is publicly traded, with no disclosed team size or additional offices. Its sole vehicle is the JV structure; it maintains no philanthropic arms or operating businesses. In April 2024, Entree announced receipt of the Mongolian government's approval for the transfer of certain JV licenses, a regulatory milestone that keeps the project on track (per the firm's April 2024 press release). Entree's structural differentiator is its pure-play, single-asset model within a joint venture backed by Rio Tinto, one of the world's largest mining firms. This gives it access to Rio's operational and financial resources while insulating it from the diversification pressures that peers face. However, the model also means Entree has no independent investment discretion — its returns depend entirely on the JV partner's development timeline.

## Sectors

- Mining & Metals
- Natural Resources

## Questions

### Who makes investment decisions at Entree Resources?

Entree Resources is a publicly traded company (TSX: ETG) governed by a board of directors. Investment decisions regarding the joint venture property are made by the JV committee, which includes representatives from Entree and Oyu Tolgoi LLC (a Rio Tinto subsidiary). The CEO is responsible for day-to-day operations, per the firm's public filings.

### How does Entree generate returns for shareholders?

Entree does not manage a portfolio of investments. Its returns stem from its 20% carried interest in the Entree-Oyu Tolgoi JV, which will earn royalties from copper and gold production once the project reaches commercial operation. No production timeline has been announced, per public disclosures.

### What is the Entree-Oyu Tolgoi joint venture, and who is the partner?

The Entree-Oyu Tolgoi JV covers two mineralized zones — Hugo North Extension and Heruga — adjacent to the Oyu Tolgoi copper-gold mine in Mongolia. The joint venture partner is Oyu Tolgoi LLC, a subsidiary of Rio Tinto. Entree holds a 20% carried interest, meaning its share of development costs is funded by the partner.

### What stages of mining does Entree target?

Entree is focused on the exploration and development stage. Its property is not yet in production. The JV has completed feasibility studies and is awaiting further development decisions by the partner, per recent regulatory filings.

## Related profiles

- [GasLog Partners LP](https://altss.com/profile/gaslog-partners-lp)
- [Opthea Ltd](https://altss.com/profile/opthea-ltd)

---

Last updated: 2026-08-10T15:58:45.833Z

Canonical page: https://altss.com/profile/entree-resources-ltd

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology