Elixir Energy Limited provided an update on its drilling operations in its 100% owned Nomgon IX CBM PSC. The company's second well in its two core-hole drilling program - Nomgon-1 - is spudding. Nomgon-1 lies approximately 37 kilometres to the South-West of the Ugtaal-1 well and is situated in a different Permian sub-basin to the latter - one of many such sub-basins in the very large Nomgon IX PSC. This location was first identified as being prospective for CSG exploration by Elixir's subsidiary company four years ago when it undertook initial on-ground prospecting work across the PSC area. Recent field work has re-affirmed the location's strong potential, with the confirmation of thick out-cropping coal seams that demonstrate good cleating and coal quality to the naked eye. A permeability report has now been received with respect to the testing undertaken before Christmas on the Ugtaal-1 well. The test was successfully undertaken but the results were at the lower end of expectations due to factors such as poorer than prognosed coal quality. Gas content testing is ongoing and firm results are not yet available. However the preliminary findings also reflect this lower than expected coal quality. This ongoing desorption work and supplementary laboratory testing will provide valuable learnings for the Company's ongoing exploration efforts over the multiple targeted Permian sub-basins within the overall PSC area. The company's subsequent plans for 2020 have recently been proposed to Mongolia's petroleum regulator, as required under the terms of its PSC. These include a mixture of further low cost seismic and drilling - and by their nature will be dynamic over the course of the year as the two processes feed off each other and the final results of the current program.