Xanadu banks on Geobank for world class Mongolian resource

Geobank in the field.

Dependable, quality-focussed information systems are critical when you are exploring new prospects in the far reaches of Mongolia, so MICROMINE’s Geobank was the first choice for Xanadu Mines.

The flexible, reliable Geobank software is supporting an accelerated exploration program at the company’s flagship Kharmagtai copper-gold project, where up to three diamond drill rigs are operating until the end of 2020.

Xanadu Mines is expecting to complete 23,000 metres of drilling this year with the aim of opening up both the tonnage and high grade potential of the project.

The work is focussed on expanding known high-grade zones of mineralisation and discovering new, previously undrilled zones of copper and gold.

Exploration and geological data is being securely stored and managed in the sophisticated Geobank system, making critical data available to key personnel, and supporting future investment decisions.

Flexible, scaleable, secure and process-focussed, Geobank has transformed the way geological data is managed. Its sophisticated tools assure data accuracy and provide easy access, to the geological knowledge captured from drilling and sampling activities.

Geobank sets the benchmark in geological information systems for miners and explorers who depend on reliable, accurate evidence to make informed decisions. Geobank’s QAQC tools within its Sample Tracker module are used by Xanadu to perform QAQC on its assay data during its loading into Xanadu’s Geobank database.

This facilitates the geologists’ ongoing batch-by-batch QC monitoring processes. Unacceptable results are re-assayed as soon as practically possible.

Xanadu’s processes and the Geobank system along with umpire assays and the use of appropriate standards, blanks and duplicates give Xanadu the confidence to state that there have been no adjustments to any of the assay data.

The latest version of the software, Geobank 2020, features a configurable toolset, flexible workspace, and is backed by localised training and support to drive efficiencies, productivity and profitability. It reduces the time and risk involved in capturing data in the field and is suitable for operations of any size or commodity type.

Xanadu chief executive Andrew Stewart said the company was entering an exciting period of discovery and growth.

“Recent drilling results support interpretations that the porphyry-breccia complex at Kharmagtai has the potential to be a world class copper-gold system with similarities to other significant deposits globally,” he said.

Xanadu is picking up the pace on its long-term strategy exploring for large-scale deposits across its tenements in Mongolia. At Kharmagtai, this strategy is focused on defining plans for a robust and economic open-pit operation.

Xanadu has a portfolio of exploration projects and is one of the few junior explorers on the ASX or TSX who control an emerging Tier 1 copper-gold deposit, in its Kharmagtai project.

Read more about Xanadu Mines.

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