Currently viewing Global edition

Xanadu's massive Mongolia copper-gold play takes further shape

Xanadu Mines is scoping the potential for an initial higher grade development scenario at its Kharmagtai project in Mongolia after boosting resources at the project to 598 million tonnes containing 1.9Mt of copper and 4.3 million ounces of gold.

Xanadu's massive Mongolia copper-gold play takes further shape Xanadu's massive Mongolia copper-gold play takes further shape Xanadu's massive Mongolia copper-gold play takes further shape Xanadu's massive Mongolia copper-gold play takes further shape Xanadu's massive Mongolia copper-gold play takes further shape

The higher grade scenario is focused on 54Mt grading 0.86% copper equivalent, with the scoping work due for completion this quarter.

Xanadu will also now look at the potential of defining shallow oxide gold resources at the Golden Eagle prospect for a possible leaching development that "may have strong synergies with a starter project".

Meanwhile, resource drilling at the recent Zaraa discovery is continuing, with the maiden...

topics

loader