Correction (October 28, 2002)

Our story “Friedland leading the charge in the land of Genghis Khan” (T.N.M., Sept. 23/02) incorrectly stated that QGX (QGX-V) held a 10% carried interest in the Turquoise Ridges (Ovoot) and Shuteen properties in Mongolia.

In both cases, Ivanhoe Mines (IVN-T) is earning an 80% interest by spending US$500,000 on exploration at Turquoise Ridges and US$1.5 million on exploration at Shuteen. QGX exchanged its data on the two properties with Ivanhoe and retains a 20% carried interest.

The article correctly stated that QGX retains a 10% carried interest in a third property, Kharmagtai, where Ivanhoe is earning an interest.