EXPLORATION & DEVELOPMENT

Xanadu aims to get big exploration show on the road in Mongolia

THERE’S no magic solution to the “wicked problem” Xanadu Mines finds itself in, but newish chairman Colin Moorhead says the company has outlined a clear path forward he believes has the potential to completely transform market perceptions and the company’s value.

Xanadu Mines is actively exploring in Mongolia's Gobi Desert

Xanadu Mines is actively exploring in Mongolia's Gobi Desert

The so-called wicked problem is the need to find somewhere in the order of A$20 million to undertake the sort of drill campaign that will confirm or deny whether Xanadu's Kharmagtai copper-gold prospect...

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