Discovering and Defining World Class Mineral Deposits in Mongolia
Stock Code:
ASX: XAM, TSX: XAM
Company Exposure:
Copper, Gold, Silver
Project Locations:
Mongolia
Xanadu Mines Limited is an exploration and development company operating in Mongolia. It provides investors exposure to globally significant, large-scale copper-gold discoveries and low-cost inventory growth. Xanadu leverages its deep understanding of Mongolia, its people and demonstrated technical capabilities to discover and define critical minerals, focused on gold-rich copper deposits in South Gobi. It maintains a portfolio of projects, including its flagship Kharmagtai project; positioned to be the next large scale, long-life, low-cost copper project in the world, to be supplying copper within five years.
Investment Highlights
Large resource
- 1.1Bt at 0.3% Cu & 0.2g/t Au, containing 3Mt Cu & 8Moz Au including >100Mt higher-grade zone
- Resource still open at depth & along strike
- High-grade bomite intercepts extended mineralization post 2021 resource model
High quality project
- PEA / Scoping study delivers US$630M NPV; four-year payback & 20% IRR
- 15Mtpa ore throughput initially, expanding to 30Mtpa post payback
- 30-yr mine life; producing 50Ktpa Cu & 110Kozpa Au
- First quartile AISC for first five years
PFS is funded
- US$35M completes the pre-feasibility study (PFS) & funds discovery exploration
- Strategic partnership with Zijin Mining Group
