AKIPRESS.COM - Xanadu Mines Ltd. has received gold assays of up to 589.96 g/t from its trenching work at its 90% owned Oyut Ulaan copper-gold project in Mongolia, according to Proactive Investors.

Trenching results at the Stockwork II and Bavuu zones within Oyut Ulaan continue to increase the scale and potential of the system.

Multiple near-surface, shallow-dipping lodes have produced high grades of 1 g/t to >30 g/t gold.

Following the previously reported discovery of multiple zones of potentially significant outcropping mineralization, the company continues its program of systematic and cost effective exploration work.

This work is designed to understand the geological controls on high-grade mineralization within this large system before drilling is planned.

Andrew Stewart, CEO, said: “Now we have received all results from the first part of the trenching program we are now developing plans for accelerated exploration of this exciting new discovery at Oyut Ulaan.”