Xanadu Mines Ltd.

Xanadu Mines Ltd. is pleased to report that preliminary testwork on diamond core from shallow oxide gold mineralisation at the Kharmagtai copper-gold project in Mongolia has returned excellent results . Gold mineralisation at Golden Eagle is hosted in the oxide cap above a deeper and significantly larger copper-gold porphyry . A new Exploration Target and metallurgical tests confirm the presence of significant, leachable [...]

HIGHLIGHTS Location of the Kharmagtai Project in the South Gobi porphyry copper belt. The Kharmagtai Mining Licence showing ground magnetic data and location of the Kharmagtai Deposit , porphyry centres, targets and location of drill holes KHDDH488. Long section showing KHDDH488 and KHDDH419. Mineralised slab images from KHDDH488. Halved HQ core, the height of each image is 6.35cm. Estimation and modelling techniques Bulk [...]

Xanadu Mines Ltd. is pleased to report that diamond drill hole KHDDH488, which is currently being drilled at the Company’s Kharmagtai porphyry copper and gold deposit in the south Gobi region of Mongolia has intersected a significant zone of visible bornite-chalcopyrite copper mineralisation. The current drilling is targeting high-grade mineralisation associated with a causative copper and gold porphyry at depth [...]

Xanadu Mines Ltd. advises that it has today signed new Executive Contracts with the Managing Director and Chief Executive Officer , Dr Andrew Stewart, and Executive Director, Mr Ganbayar Lkhagvasuren. Updates to Dr Stewart’s contract were required to reflect that the MD & CEO would remain domiciled in Mongolia, in order to be closer to the Company’s projects, rather than relocating to Australia as previously [...]

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 [...]