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Xanadu Mines has entered into a binding term sheet to earn up to 80 per cent of the Sant Tolgoi project advanced exploration targets with a real opportunity for the discovery of magmatic copper and nickel mineralisation US$10 million (AU$15.1 million) on exploration prior to transferring the exploration licence into a mining Xanadu Mines executive chairman and managing director Colin Moorhead While the deal is binding in nature Last year Xanadu completed two phases of its strategic partnership with Chinese copper giant Zijin Mining

Xanadu Mines has tabled a staggering resource estimate upgrade for its Kharmagtai copper-gold project The Mongolia-based explorer previously delivered a maiden mineral resource at Kharmagtai of 1.1 billion Xanadu says there is still plenty of exploration upside to the project, with mineralisation remaining Management says only a small portion of the potentially mineralised Kharmagtai intrusive complex has most drilling focused on expanding existing deposits and high-grade targets within and around known mineralisation

completing a massive infill and extension campaign at its Kharmagtai copper-gold project in Mongolia, Xanadu Mines has shifted its focus to new discoveries outside the site’s current mineral resource. mineral resource limit and within proximity of the company’s high-grade Stockwork Hill deposit. Kharmagtai has a mineral resource estimate of 1.1 billion tonnes for 3 million tonnes of contained copper Management expects to provide an updated mineral resource before the end of this year, while its prefeasibility

at the deposit returned results with a significantly higher grade than what was used to define the mineral drilled at Golden Eagle with grades generally better than, or equal to the figures used to define the mineral drilling at Kharmagtai is targeting additional porphyry copper-gold deposits outside the currently defined mineral Kharmagtai has a mineral resource estimate of 1.1 billion tonnes for 3 million tonnes of contained copper Management expects to provide an updated mineral resource before the end of this year, while its pre-feasibility

The infill program is aiming to provide an updated mineral resource for the operation before the end continues exploration with four diamond rigs investigating shallow targets and one drill rig targeting deep mineralisation Kharmagtai already boasts an impressive mineral resource estimate of 1.1 billion tonnes for 3 million Hill is important and highlights strong potential for additional vertical extensions of high-grade mineralised Xanadu says Mongolia hosts great, large-scale mining operations with two world-class mines to the south

Xanadu Mines has revealed its massive Mongolian copper-gold Kharmagtai deposit is now connected to the Kharmagtai already hosts an impressive mineral resource estimate of 1.1 billion tonnes for 3 million The PFS will include an upgraded mineral resource and maiden ore reserve, incorporate metallurgy-processing-mining technology studies, mine design and engineering. electrical connection to the Mongolian grid, an expanding portfolio of construction activities and a pending mineral

Management says the infill program has defined and expanded the volume of higher-grade mineralisation The company says the 30.2m zone significantly exceeds the 2021 mineral resource estimate block model Kharmagtai already hosts an impressive mineral resource estimate of 1.1 billion tonnes for 3 million The company drilled 80 holes for 33,212m, with results to provide the basis of an interim mineral resource With an interim mineral resource estimate update expected early next quarter, ahead of a predicted PFS

Xanadu Mines is pushing to enhance the current resource at its Kharmagtai project in Mongolia after a Kharmagtai already hosts an impressive mineral resource estimate of 1.1 billion tonnes for 3 million However, this is the first time we have observed significant intervals spanning greater than 50m of mineralisation Xanadu Mines chairman and managing director Colin Moorhead Assay results from Stockwork Hill released year, the company completed two phases of its strategic partnership with Chinese copper giant Zijin Mining

the potential for new discoveries outside its existing mineral resource area. several shallow high-potential copper-gold and gold-only targets that sit outside the company’s current mineral The ongoing program is targeting additional porphyry copper-gold deposits outside the current mineral Xanadu is now pursuing the completion of an upgraded mineral resource estimate, which is targeted for The purpose of the infill drilling is to improve and upgrade the existing indicated mineral resource,

Xanadu Mines expects to deliver an updated JORC resource for its Kharmagtai copper-gold project in Mongolia Kharmagtai already boasts an impressive mineral resource estimate of 1.1 billion tonnes for 3 million progressed efficiently and is demonstrating results in line with or materially better than the 2021 Mineral Xanadu Mines executive chairman and managing director Colin Moorhead Significant hits from drilling at diamond drill rigs, with one set to cover 8000m of deep exploration targeting high-grade and large-scale mineralisation

Xanadu Mines has begun an 18,000m discovery exploration drilling campaign at its Kharmagtai copper-gold diamond drill rigs, with one set to cover 8000m of deep exploration targeting high-grade and large-scale mineralisation Xanadu Mines executive chairman and managing director Colin Moorhead Kharmagtai has a mineral resource Management expects to provide an updated mineral resource before the end of this year, while its pre-feasibility costs of its huge drill program, the market will be keen to see if the company can unearth further mineralisation

Cashed up and ready to drill – Legend Mining has $14 million in the bank and is preparing to dive into Legend shares about 1711sq km in a JV with Creasy Group, while those two companies are also joined by mining imaging of four electromagnetic conductors, three of which are interpreted as extensions of nickel-copper mineralisation sulphide within fertile ultramafic sills next to the strong electromagnetic conductors, confirming mineralised In February last year, the company released an updated mineral resource estimate for Mawson of 1.45 million