The Entrée/Oyu Tolgoi joint venture property comprises Lift 1 and Lift 2 of the Hugo North Extension copper-gold deposit and the Heruga copper-gold-molybdenum deposit, as well as a large underexplored, highly prospective land package. Rio Tinto is managing the construction of Lift 1 of the Hugo North (including Hugo North Extension) underground mine on both the Oyu Tolgoi mining license and the Entrée/Oyu Tolgoi joint venture property. First development production from Hugo North Extension Lift 1 is currently expected in H2 2023.