Finding gold in the Mongolian hills
https://twitter.com/XanaduMines_ASX/status/1469124878112460806?t=n98Im85zE--nkoaqSd8utA&s=09
Andrew Stewart, Chief Executive of Xanadu Mines (XAM) runs through the latest Mineral Resource Estimate for its copper-gold project at Kharmagtai, in Mongolia. A scoping study is underway to model the project, where the flat terrain and easy access to infrastructure are key advantages. Operating out of Mongolia isn't expected to throw up challenges as the company moves from exploration to eventual production. There is also strong exploration upside, with this updated Resource Estimate covering only 30% of the 8km long complex.