Xanadu Mines Ltd. is issuing this press release to clarify its disclosure on the Company’s interim upgrade to the Mineral Resource Estimate at its Kharmagtai Project in Mongolia’s South Gobi region. In the press release, the Company included in the highlights section that the interim upgrade increased to 598Mt containing 1.9Mt copper and 4.3Moz gold . The Company wishes to clarify that the 598Mt containing [...]
Xanadu Mines Ltd. is pleased to announce that an interim upgrade to the Mineral Resource Estimate at its Kharmagtai Project in Mongolia’s South Gobi region has resulted in a 400% increase in contained copper and a 249% increase in gold compared with the resource update announced on 19 March 2015 at the same 0.3% Cu cut-off grade. 2018 Resource Update showing all blocks above 0.3%eCU cut off and conceptual pit design [...]
Xanadu Mines Ltd. is pleased to announce that its ordinary shares will commence trading on the Toronto Stock Exchange under the symbol “XAM” at the open of trade in Toronto on 18 October 2018. Xanadu’s Managing Director & Chief Executive Officer, Dr Andrew Stewart, said: “We are very pleased to be listed on the TSX now, as well as the ASX, as it will allow the company to develop a broader awareness [...]
HIGHLIGHTS Location of the Kharmagtai Project in the South Gobi porphyry copper belt. The Kharmagtai District showing location of the main deposits and the new Zaraa discovery. 2015 JORC Resources at the Kharmagtai deposit . Additional resources (inferred and geological – green and dark blue respectively to increase tonnes in-pit and further reduce strip ratio. Mineralisation remains open at depth and in all [...]
Xanadu Mines Ltd. MD Andrew Stewart is interviewed by Tim Mckinnon at Mines and Money 2017 in the "Shark Tank". Xanadu has a portfolio of Copper Gold Porphyry deposits in Mongolia and is actively progressing development and increase to their resource inventory. Xanadu Mines is a Mongolian exploration company founded in 2005 and listed on the ASX on 21 December 2010. Xanadu maintains a dual exploration strategy for base [...]
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