Big pits a base case for Xanadu

XANADU Mines has delivered an “interim” scoping study showing a 20 million tonne per annum open cut mining and processing operation at Kharmagtai in Mongolia could cost about US$484 million to develop.

Big pits a base case for Xanadu Big pits a base case for Xanadu Big pits a base case for Xanadu Big pits a base case for Xanadu Big pits a base case for Xanadu

Lots of drilling ahead for Xanadu

The scoping work only focussed on the open cut resources defined to date, with Xanadu pointing to upside from resource extensions, higher grade underground options and shallow oxide gold potential.

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