Post by
Georgesimmons on Mar 24, 2021 8:00am
Big gold news:92m of 3.23g/t AU
Just released. NEW EXTENSION TO GOLD-RICH HIGH-GRADE COPPER ZONE AT KHARMAGTAI Xanadu Mines Ltd. has released results of diamond drill hole KHDDH563, located at the Stockwork Hill deposit on the company's Kharmagtai porphyry copper and gold project in the South Gobi region of Mongolia. Highlights Drill hole KHDDH563 intersects a broad zone of high-grade gold-rich chalcopyrite and bornite mineralisation south of the Stockwork Hill resource, expanding the high grade bornite zone beyond the defined resources KHDDH563 intersects 181.4m @ 0.68% Cu and 1.78g/t Au (1.59% eCu) from 648.6m Including 92m @ 1.06% Cu and 3.23g/t Au (2.71% eCu) from 686m KHDDH563 expands high-grade mineralisation 70m south and up-dip of previously reported intercept in KHDDH559B KHDDH564 identifies new target to the south with similar structural characteristics to the high grade zones at Stockwork Hill Deeper step back hole KHDDH564, still in progress, intercepting visual chalcopyrite mineralisation in target zone 400m along down-dip and along strike from KHDDH563