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Xanadu Mines boosts Kharmagtai project value with potential low-cost gold leach operation

Xanadu Mines Ltd (ASX:XAM) managing director & CEO Andrew Stewart speaks to Proactive Investors about the company's Kharmagtai Copper-Gold Project in Mongolia. 
 
Preliminary test work on diamond core from shallow oxide gold mineralisation has revealed an opportunity for a low cost, high-value gold leach operation which could be run early in the development life of Kharmagtai. 
 
This would be a significant cash injection into the project to offset the cost of developing a large-scale copper-gold mine.

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Full interview: Xanadu Mines boosts flagship Kharmagtai project in Mongolia...

Xanadu Mines Ltd (ASX:XAM) (TSE:XAM) chief executive officer and managing director Dr Andrew Stewart tells Proactive about the increasing oxide gold being found following a recent scoping study at the company’s flagship Kharmagtai Copper-Gold Project in Mongolia. Dr Stewart says the top of...

on 4/9/19

2 min read