Following the success of its first 2014 campaign Xanadu Mines has launched a supplementary exploration program at its Kharmagtai Copper-Gold Project in the South Gobi region.

The supplementary program at the porphyry prospect will comprise 2500 metres of diamond core drilling and will target areas of particular potential identified in the first campaign. Drilling commenced on November 4 and is expected to be completed by early to mid-December.

The program will mainly target the enlargement of higher grade zones, specifically:

  • Potential extensions to porphyry copper-gold mineralization at Altan Tolgoi;
  • Connections between the stockwork and tourmaline breccia-hosted copper-gold mineralization at Altan Tolgoi; and
  • A new fourth area of mineralization not included in the current exploration target.

 

The company believes the results will add useful insights to the geological model in areas of higher grade mineralization and should contribute to the resource estimate for Kharmagtai.

Xanadu’s managing director George Lloyd says, “We have taken the project a long way since its acquisition earlier in the year and this supplementary program, armed with the insights from the first campaign, allows us to progress this understanding still further ahead of a more substantive program planned in 2015.”

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