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30 Jan
05:00

Xanadu Mines adds new copper-nickel project in Mongolia

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 in western Mongolia. The two licences, XV-17774 (Oyut) and XV-21887 (Sant Tolgoi), make up the Sant Tolgoi project. The development in the Zavkhan Province is considered highly prospective for new magmatic copper and nickel mineralisation, Kallanish learns from the company.  The nickel and cobalt su…
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