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Xanadu eyes big-pits base case in Mongolia

Xanadu Mines has delivered an “interim” scoping study showing a 20 million tonne per annum opencut mining and processing operation at Kharmagtai in Mongolia could cost about US$484 million to develop.

Xanadu eyes big-pits base case in Mongolia Xanadu eyes big-pits base case in Mongolia Xanadu eyes big-pits base case in Mongolia Xanadu eyes big-pits base case in Mongolia Xanadu eyes big-pits base case in Mongolia

Lots of drilling ahead for Xanadu in Mongolia

The scoping work only focussed on the opencut resources defined to date, with Xanadu pointing to upside from resource extensions, higher grade underground options and shallow oxide gold potential.

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