Xanadu Mines Ord Shs T.XAM

Alternate Symbol(s): XANAF

Metals & Mining Industrial Metals & Minerals

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.

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Post by Betteryear2on Feb 28, 2022 8:03am

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Post# 34466864

Technical Report to Support Kharmagtai Mineral Resource

TORONTO, Feb. 28, 2022 (GLOBE NEWSWIRE) -- Xanadu Mines Ltd (ASX: XAM, TSX: XAM) (Xanadu, XAM or the Company) is pleased to announce that the Company has filed an Independent National Instrument 43-101 Technical report (NI 43-101 Technical Report) titled “Mineral Resource Estimation, Kharmagtai Project, Omnogovi Province, Mongolia”, in support of the Company’s press release dated 8th December 20211 and as required by Canadian Securities Administrators (CSA) and TSX.

Technical Report to Support Kharmagtai Mineral Resource Upgrade