West Perth, WA / April 12, 2018 / JMN Wire / Xanadu Mines Ltd (ASX: XAM) (“Xanadu” or “Company”) is pleased to provide an update on ongoing metallurgical work at its flagship Kharmagtai copper and gold project located in the South Gobi region of Mongolia (Figure 1 and 2).
Xanadu’s Executive Director & Chief Executive Officer, Dr. Andrew Stewart, said “These above average results, as expected, show that gold occurs as coarse grains in association with principle copper sulphides. While further testing is required as the project advances, we see no significant hurdles to producing a high-quality concentrate via standard processing pathways from the Kharmagtai project. These results allow us to focus on the drilling underway which is expanding the resource and targeting near-surface porphyry copper-gold deposits within this largely under-explored porphyry copper-gold district.”
Highlights
- Detailed scanning electron analysis shows that gold should report to a copper concentrate as free gold inclusion
- Gold grains occur as both native gold grains and with silver as electrum
- Chalcopyrite analysed contained no detectable deleterious elements
- Gold grains range up to 100 microns in size
- New results build upon previous metallurgical studies where gold recovery to the rougher concentrate was very high.
