Xanadu Mines Ltd (AU:XAM) has released an update.
Xanadu Mines Ltd has initiated a promising field exploration program at its Sant Tolgoi Copper-Nickel Project in Western Mongolia, targeting the discovery of high-grade sulphide mineralisation. The company has completed a range of exploratory activities, including geological mapping, geochemical sampling, and geophysical data acquisition, with early results expected in the fourth quarter of 2024. Xanadu’s VP Exploration highlights significant potential for a new Magmatic Cu-Ni District in the region, supported by initial findings of widespread mineralisation.
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