Xanadu Mines (XAM) has released assays for drilling at the Kharmagtai and Red Mountain Projects, Mongolia. Hole KHDDH563 at Kharmagtai has confirmed high grade bornite zone mineralisation encountered in previous hole KHDDH559B. High grade mineralisation remains open at depth and may be extended by current hole KHDDH564. Drilling at Red Mountain Project has identified very high-grade copper mineralisation over narrow widths. We see potential for future definition of modest tonnage, high grade deposits.
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