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Xanadu Mines Ord Shs T.XAM

Alternate Symbol(s):  XANAF

Xanadu Mines Limited is an exploration company. The Company is engaged in the exploration and development of its various mineral exploration projects in Mongolia. The Company focuses on the exploration for copper and gold. The Company operates through the Mongolian exploration projects segment. The Company's projects include Kharmagtai Copper-gold Project, Oyut Ulaan Project and Sharchuluut Project. The Kharmagtai project is located within the Omnogovi Province, approximately 420 kilometers southeast of Ulaanbaatar and approximately 120 kilometers north of the Oyu Tolgoi deposit. The Oyut Ulaan copper-gold project is located in the Dornogovi Province of southern Mongolia, approximately 70 kilometers west of the industrial center of Sainshand. The Sharchuluut project is an early-stage project focused on an advanced argillic (high-sulfidation lithocap) alteration above a deeper porphyry center.


TSX:XAM - Post by User

Post by Medam21on Mar 24, 2021 8:04am
124 Views
Post# 32864765

New Extension to Gold-Rich at Kharmagtai

New Extension to Gold-Rich at Kharmagtai
https://twitter.com/miningcomau/status/1374647267836182529?s=19 " Xanadus Chief Executive Officer, Dr Andrew Stewart, said KHDDH563 is the first follow-up hole to our high-grade intercept at KHDH559B. We are pleased to report this delivered our expectation of a clear extension of high-grade gold-rich mineralisation along strike and up-dip, outside the current resource model. This result further demonstrates the growth potential through extension of Stockwork Hill, and our team is designing follow-up drilling to test this exciting new zone.
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