Ann: Exploration Success Continues at Xanadu's Kharmagtai Project, page-3

A little international recognition. 3 out of the five companies ASX listed and Mariana based out of Sydney?

TNM Data Miner: Top-five global copper intercepts in March

Posted By: Salma Tarikh April 5, 2017

Using the IntelligenceMine database of our sister company Infomine, The Northern Miner compiled five projects with the top copper intersections (grade multiplied by width) globally in March 2017, as reported publicly.
XANADU MINES
1. Exploration firm Xanadu Mines (ASX: XAM) topped the list, returning exceptional results from its flagship Kharmagtai copper-gold project in Mongolia’s Omnogovi province, 420 km southeast of Ulaanbaatar. Kharmagtai is within the South Gobi porphyry copper province, which is home to several porphyry deposits in the South Gobi region, including the Oyu Tolgoi copper-gold operations.
On March 29, Xanadu reported an update on the ongoing exploration at Kharmagtai, including multiple drill holes confirming the depth extension of the project’s Altan Tolgoi copper-gold deposit.
Diamond drill hole 394 returned 646 metres (from 18 metres) grading 0.51% copper (or 393 metres × % copper per tonne), plus 0.87 gram gold from 16 metres, including 64 metres at 1.06% copper and 3.15 grams gold. The 646-metre intercept, which is the best drilled to date at Kharmagtai, confirms mineralization extends from surface to almost 625 metres vertically.
Hole 394a, hit 385 metres (from 351 metres) of 0.52% copper (or 200 metres × % copper per tonne), plus 0.6 gram gold.


“We are yet to define the extents of the Altan Tolgoi porphyry system, and further drilling is planned below the zone of breccia hosted chalcopyrite-gold mineralization to test whether a higher-grade bornite core is in the root zones of this large breccia system,” Andrew Stewart, the company’s chief executive, said in a release.
Kharmagtai has a JORC-compliant indicated and inferred resource of 1.5 billion lb. copper and 2.2 million oz. gold (203 million tonnes of 0.3% copper and 0.3 gram gold).
FINDERS RESOURCES
2. Indonesia-focused miner Finders Resources (ASX: FND) came in second place.

Geotechnical hole 14 in Zone 5 cut 24 metres at 5.84% copper (or 140.2 metres × % copper per tonne), 0.48 gram gold, 25.3 grams silver, 0.39% zinc and 0.16% lead from 12 metres.

MARIANA RESOURCES
3. Mariana Resources (TSXV: MRA; LON-AIM: MARL) came in third, with encouraging results from its 30%-held Hot Maden gold-copper project in northeastern Turkey’s Artvin province.
Hole 88, a step back to hole 75, hit 79 metres of 8.1 grams gold and 1.9% copper (or 116.2 metres × % copper per tonne) from 326 metres, which extended the down dip extension of the gold-copper mineralized zone.

IMPERIAL METALS
4. Vancouver-based Imperial Metals

MOD RESOURCES
5. Subiaco, Western Australia-based Mod Resources (ASX: MOD) ranked in fifth,