Mr. Colin Moorhead, the Executive Chairman and Managing Director of Xanadu Mines (ASX: XAM, TSX: XAM) states that the reason why they choose Mongolia as the exploration location. Mongolia is a young country with a sparse population and has a growing law system, which is attractive to investors. There are also challenges, such as transportation and geopolitical issues. Please scroll down for more information regarding mining in Mongolia.
Learn about Xanadu Mines Ltd (ASX: XAM, TSX: XAM) at Company Website
Xanadu Mines Ltd (ASX: XAM, TSX: XAM) is an exploration company that discovers and defines globally significant porphyry copper-gold deposits in Mongolia. We leverage the experience and relationships developed over 10 years in the country to deliver low cost and effective discovery and resource growth. We maintain a multi-stage portfolio of exploration projects, and Xanadu remains one of the few junior explorers on the ASX or TSX who control an emerging Tier 1 copper-gold deposit in our flagship Kharmagtai project.
NAI500 covered the leading mining opportunities at this year’s PDAC, the world’s largest annual mining conference, to find the most interesting opportunities for investors.