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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