XAM xanadu mines ltd
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Newcrest spending $142m to build a decline and infrastructure to...

  1. Seth Davis
    9,122 Posts.
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    24/03/21
    13:09
    Post #: 52003020
    Newcrest spending $142m to build a decline and infrastructure to drill out their recent Havieron discovery and they only own 70%.

    Havieron is currently 400m from surface with a resource of 52Mt @ ~1.5% CuEq (2g/t Au & 0.3% Cu)

    XAM bornite discovery from surface about 500m, resource est? 50-100Mt @ 1.5% CuEq

    https://hotcopper.com.au/data/attachments/3030/3030912-d7c612e3559c72a9e49088f6f9ebb3b9.jpg
    XAM Price at posting: 7.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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