The Kharmagtai copper-gold project is located in Omnogovi Province, approximately 420km southeast of Ulaanbaatar. It is within the South Gobi porphyry copper province which hosts most of the known porphyry deposits in the South Gobi region of Mongolia, including the Oyu Tolgoi copper-gold operations (120km south), the Tsagaan Suvarga porphyry copper-molybdenum development (170km east) and Xanadu’s Oyut Ulaan porphyry copper-gold exploration project (260km northeast).
Kharmagtai Location Map
Kharmagtai is close to good infrastructure, with sealed roads from Ulaanbaatar to Dalanazagad within 70km of the project and an existing powerline from Tsogttsetsii to Manlai within eyesight of the project. A power plant is planned for the coal mine at Tsogttsetsii (70km from Kharmagtai) with rail lines planned from Tsogttsetsii to the Chinese border town of Ganqimaodao. The project has a granted 30 year mining licence and a registered water resource.
Rotating leapfrog model – Kharmagtai, Stockwork Hill