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SouthGobi Resources announces fourth quarter and full year 2016 financial and operating results and updated resource estimate and newly declared reserve estimate in respect of Ovoot Tolgoi

HONG KONG, CHINA–(Marketwired – March 31, 2017) – SouthGobi Resources Ltd. (TSX: SGQ)(HKSE:1878) (the “Company” or “SouthGobi”) today announces its financial and operating results for the quarter and the year ended December 31, 2016. All figures are in U.S. dollars (“USD”) unless otherwise stated.