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30 Jan
04:57

Xanadu Mines adds Mongolian copper, nickel project

Australian miner Xanadu Mines has agreed a binding term sheet with STSM LLC (STSM) granting the right to earn up to 80% interest in two exploration licences located in the Zavkhan Province of Western Mongolia, Kallanish notes. Xanadu Mines says in a statement that these two licenses make up the Sant Tolgoi project, which is considered highly prospective for discovery of new magmatic intrusion-related copper-nickel systems.  The Sant Tolgoi project hosts mu…
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