WHITE HILL

Compelling Coarse Ore Flotation Results Indicate Throughput Upside for Kharmagtai

Retrieved on: 
Tuesday, April 23, 2024
P80, Copper, Composite, XAM, Economics, TSX, ASX, Water, DRA, XF, Gold, Erie people, ALS, Mining, Significance, HF, Extractive metallurgy

The Eriez HydroFloat test work for evaluating coarse ore flotation has demonstrated excellent results for one of the key uplift scenarios defined in the Kharmagtai Scoping Study1.

Key Points: 
  • The Eriez HydroFloat test work for evaluating coarse ore flotation has demonstrated excellent results for one of the key uplift scenarios defined in the Kharmagtai Scoping Study1.
  • Xanadu’s Executive Chairman and Managing Director, Colin Moorhead said:
    “These results provide strong support for our Scoping Study uplift scenario using coarse ore flotation to improve overall project economics.
  • This uplift is achieved through increasing throughput and accelerating mining and processing rates which ultimately accelerate revenue generation at Kharmagtai.
  • The coarse ore flotation evaluation included head grade analysis and rougher flotation recovery testwork on a composite sample taken from varying deposits, depths, sulphide and alteration types to test coarser grind options.

Encouraging oxide leach recovery for copper & gold at Kharmagtai

Retrieved on: 
Wednesday, March 6, 2024
SOX, PFS, Copper, TSX, GOX, ASX, PEA, Gold, MRE, Particle size, Nitrogen oxide, DMPS, ROX, Economics, XAM, Silver, Internal, Uranium mining

Upscaled column leach tests, as well as heap leach engineering design work are in progress.

Key Points: 
  • Upscaled column leach tests, as well as heap leach engineering design work are in progress.
  • Recent column leaching tests completed on the mineralised oxide portion of the Kharmagtai Mineral Resource Estimate (MRE) delivered promising metallurgical extraction, peaking at 93% copper and 46% gold.
  • It comprises acid leach to recover and remove cyanide soluble copper, followed by GlyCatTM, which involves a glycine leach to neutralise acid, followed by cyanide leach to recover gold and silver.
  • These are referenced as follows:
    several composite samples collected from White Hill, Stockwork Hill and Copper Hill deposits, and classified as follows: GOX (Green Oxide), SOX (Strong Oxide) and ROX (Red Oxide).

Quarterly Activities Report

Retrieved on: 
Wednesday, January 31, 2024
EGM, Power supply, Khüiten Peak, News, Golden eagle, Horizon Forbidden West, Metallurgy, Engineering, Classification, Laboratory, Water, Joint venture, Gold, Acquisition, ALS, Consultant, JV, PFS, MRE, SGC, Infrastructure, Copper, Extraordinary general meeting, MPS, Economics, Cluster, Mining

TORONTO, Jan. 31, 2024 (GLOBE NEWSWIRE) --

Key Points: 
  • Shallow drilling also progressed testing known porphyry clusters outside the Resource extending the system and informing infrastructure planning.
  • Subsequent to the quarter, the Company announced entry into a new magmatic copper-nickel project Sant Tolgoi located in Western Mongolia.
  • Material 25% increase in the higher-grade core from 100Mt @ 0.76% CuEq4 to 125Mt @ 0.75% CuEq, at a 0.55% CuEq cut off.
  • Power Supply, Tailings Management, and Infrastructure studies progressing through trade-off phase; majority of work to be completed by Q1 CY2024.

Kharmagtai Drilling Highlights Continued Growth Potential

Retrieved on: 
Tuesday, January 30, 2024
Copper, Growth, PFS, MRE, TSX, Gold, XAM, Golden eagle, ASX, Mining

Exploration drilling continues to expand upon the new zone of higher-grade copper and gold mineralisation at the White Hill deposit, demonstrating progressive growth in higher-grade material at the base of the previously optimised open pits.

Key Points: 
  • Exploration drilling continues to expand upon the new zone of higher-grade copper and gold mineralisation at the White Hill deposit, demonstrating progressive growth in higher-grade material at the base of the previously optimised open pits.
  • Growth-focused discovery exploration drilling at Kharmagtai continues to discover new, shallow mineralisation with potential to enhance open pit mining and deep mineralisation with potential for future underground mining.
  • 3 ASX/TSX Announcement 8 December 2023 – Kharmagtai Mineral Resource Grows by 13% CuEq; including >25% increase in higher-grade core
    Xanadu’s Executive Chairman and Managing Director, Mr Colin Moorhead, said “Latest drilling results provide more evidence for continued growth and improvement at the Kharmagtai deposit.
  • Figure 1: Kharmagtai copper-gold district showing defined mineral deposits and completed infill drill holes, deep exploration drill holes, and shallow exploration drill holes since the last announced drilling results5.

Multiple New Breakthrough Achievements for Kharmagtai Discovery Drilling

Retrieved on: 
Thursday, November 16, 2023
MRE, White, Gold, Mineral resource estimation, ASX, ECU, Cluster, XAM, TSX, News, Optimism, Mining, Furniture

New discovery drilling intersects mineralisation across multiple largely unexplored porphyry clusters, including high-density stockwork, breccia and gold only mineralisation.

Key Points: 
  • New discovery drilling intersects mineralisation across multiple largely unexplored porphyry clusters, including high-density stockwork, breccia and gold only mineralisation.
  • Shallow drilling at Cluster 2 extends mineralisation 800m along strike from the current MRE limit.
  • Extensive discovery drilling continues with regular news flow to continue throughout 2023, focussed on extensions to known deposits and new porphyry copper gold systems.
  • As drilling progresses, we look forward to providing additional updates advancing our important exploration activities at our flagship Kharmagtai Project.”

High-Grade Core Shaping up at White Hill

Retrieved on: 
Wednesday, October 4, 2023
Resource, ASX, MRE, PFS, Cross, US, Gold, Copper Hill, TSX, Copper, Mineral resource estimation, XAM, Mining, Uranium mining, Tunnel

Newly identified high-grade (>1% eCu) core at White Hill demonstrates potential to:

Key Points: 
  • Newly identified high-grade (>1% eCu) core at White Hill demonstrates potential to:
    Enhance 2021 Mineral Resource Estimate3 (MRE) in preparation for updated PFS MRE in 4Q CY2023.
  • Additional follow-up drilling is being planned around the newly identified high-grade (core) zone at White Hill and higher-grade extensions identified at Stockwork Hill5.
  • It is particularly exciting to see the continued high-grade results from White Hill deposit where we have effectively intercepted the top of a previously undefined high-grade core.
  • Discovery of a high-grade core at White Hill is important and highlights strong potential for additional vertical extensions of high-grade mineralised zones, similar to both, the Stockwork Hill and Copper Hill deposits.

Quarterly Activities Report

Retrieved on: 
Monday, July 31, 2023
Sustainability reporting, Geology, JORC, Market, Resource, Acquisition, Hydrology, ESG, ALS, Annual general meeting, Forza Horizon 3, Quarter, MRE, Laboratory, Corporation, Horizon, Safety, Exercise, Disclosure, Red, MPS, PFS, JV, US, Gold, Engineering, Data acquisition, Metallurgy, Economics, Zijin Mining, Power supply, Metal, AGM, Khüiten Peak, Oyu Tolgoi mine, Joint venture, Xanadu, FID, Water, Deep, TSF, Copper, Mineral resource estimation, Mining, Oil, Uranium mining, Extractive metallurgy, Petroleum, Rare-earth element, Risk management, Engineered wood, Renewable energy, Exploration

TORONTO, July 31, 2023 (GLOBE NEWSWIRE) --

Key Points: 
  • The Company released its third annual Sustainability Report for 2022 and held a successful Annual General Meeting (AGM).
  • During the Quarter, Xanadu outlined an updated corporate strategy, released its third annual Sustainability Report for 2022 and held its Annual General Meeting.
  • On 4 May 2023, Xanadu issued its third annual Sustainability Report for 2022, highlighting our commitment to responsible and transparent ESG.11 This report further expanded disclosure and continued Xanadu’s ESG journey to be a leader in sustainable exploration.
  • Xanadu’s Annual General Meeting (AGM) was held on 29 May 2023 with resolutions including the following:
    Key activities planned during the quarter ending 30 September 2023 (September Quarter) include:
    Infill drilling for the Kharmagtai PFS including, Metallurgy and Geotechnical.

New High-Grade Copper-Gold Zone Emerging at White Hill

Retrieved on: 
Wednesday, July 19, 2023
Geology, ASX, MRE, PFS, Fault, US, Gold, TSX, Copper, XAM, Tunnel, Uranium mining, Mining

Infill drilling has defined a new zone (core) of high-grade copper and gold mineralisation at the White Hill deposit and results continue to validate the total mineral resource model.

Key Points: 
  • Infill drilling has defined a new zone (core) of high-grade copper and gold mineralisation at the White Hill deposit and results continue to validate the total mineral resource model.
  • Approximately 27,000m of Phase One diamond drilling has been completed (out of 30,000m total) at both the Stockwork Hill and White Hill deposits, at Kharmagtai.
  • Exceptional highlights from an additional fourteen drill holes demonstrate a new high-grade zone (core) is emerging at White Hill and extending below the currently optimised pit.
  • Both Stockwork Hill and Copper Hill deposits feature these higher-grade zones (core), and previous drilling at White Hill has suggested such a zone may be present there also.

New Higher Grade Zones Found in Kharmagtai Infill Drilling

Retrieved on: 
Wednesday, June 7, 2023
XAM, ASX, MRE, PFS, US, Gold, TSX, Copper, Mineral resource estimation, Economics, Uranium mining, Mining

Approximately 15,000m of Phase One diamond drilling has been completed (out of 30,000m total) at the Kharmagtai Stockwork Hill and White Hill deposits.

Key Points: 
  • Approximately 15,000m of Phase One diamond drilling has been completed (out of 30,000m total) at the Kharmagtai Stockwork Hill and White Hill deposits.
  • Parallel, high impact Kharmagtai discovery exploration drilling program (two rigs) progressing well.
  • Given we are only halfway through Phase 1, we are very excited on the drilling results to come and look forward to providing regular updates as we progress both infill and exploration drilling programs at Kharmagtai.”
    Approximately 15,000m diamond drilling completed, as part of the 30,000m Phase One infill drilling program (Figures 1 and 2; Appendix 1).
  • Figure 1: Kharmagtai copper-gold district showing currently defined mineral deposits and planned Phase One Resource infill drill holes.

Quarterly Activities Report

Retrieved on: 
Monday, May 1, 2023
Classification, Resource, JORC, Retirement, Acquisition, Hugo, MD, IRR, Mass meeting, MRE, Zijin Mining, Corporation, Hugo Dummett, Legislation, High, EGM, PFS, JV, Strategic partnership, Glycine, NPV, Gold, Algorithm, Engineering, Data acquisition, St. Petersburg State University of Refrigeration and Food Processing Technologies, Mineral, Economics, Lead, Partnership, Stockwork, Metallurgy, Oyu Tolgoi mine, Mining, Copper, Mineral resource estimation, Cryptocurrency, Management, Security (finance), Engineered wood, Tunnel, Oil, Extractive metallurgy, Petroleum

TORONTO, May 01, 2023 (GLOBE NEWSWIRE) --

Key Points: 
  • The successful delivery of this strategy is good for Xanadu, for our Shareholders, for Zijin our partner, and for Mongolia.
  • We look forward to providing regular updates as the work program advances over the next 18 months.”
    Figure 1.
  • During the March Quarter, the Company commenced its PFS, Infill Drilling and Discovery Exploration activities which are funded by US$35 million from the JV with Zijin.
  • All resolutions were approved by Shareholders.15
    Key activities planned during the quarter ending 31 June 2023 (June Quarter) include:
    Data Acquisition for the Kharmagtai PFS including Infill Drilling, Metallurgy and Geotechnical focus areas.