Four independent silver deposits were discovered in Mongolia, and exploration works were carried out in the deposits. The main source of silver, reflected in the state reserves statistics, is silver-bearing, non-ferrous metal deposits. Most part of the silver reserve in the state reserve registration is allotted to the Asgat silver-sulfate, the Tuv and Mungun-Undur silver-mixed metal deposits. The silver reserve will be increased during exploration works of soil and mixed-metal deposits.

Most of Mongolia's copper reserve is allotted to the Erdenet mining and the Tsagaan Suvarga copper-porphyry deposits. There is considerable high-content copper-nickel and sandstone deposits and finds in the country's territory. But a detailed survey has not yet been made. As a result of copper exploration, many finds with two percent copper contents were determined. The Erdenet mining extracts 22.23 million tons of copper ore a year and produces 126.7 thousand tons of copper and 1953.7 tons of molybdenum. Also the mining is operating the Erdmin industry, which has a capacity of producing 3.600 tons of cathode pure copper from the unsuitable ore for processing in the technological cycle.

As a result of mining research carried out by Ivanhoe Mines Mongolia Inc. Company in Oyu Tolgoi deposit, more than 10 million tons of copper and 500 tons of gold deposits were discovered. However, with more detailed studies going on, the resources may increase.

Most of the molybdenum reserve is in the Erdenet Ovoo and Tsagaan Suvarga deposits. The remaining parts are in the Arin Nuur molybdenum-copper, Undur Tsagaan and Eguzer Tungsten deposits. The Tsagaan Chuluut, Zost Uul and Ikh Uul molybdenum finds are located in the central and northern parts of Mongolia.

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