Xanadu Mines Ltd. announces that an Extraordinary General Meeting will be held on Tuesday, February 6, 2024 commencing at 11:00 am at the Victoria Hotel, 215 Little Collins Street, Melbourne, Victoria, Australia . Further to the Company's press release of November 20, 2023, the Meeting has been called to seek approval of two resolutions [...]
This notice is given by Xanadu Mines Ltd. under section 708A of the Corporations Act 2001 . Xanadu Mines advises that on 24 November 2023, it issued 62,996,490 fully paid ordinary shares at a price of $0.055 per share, to a range of sophisticated investors under an Equity Placement led by Bell Potter Securities Limited . Xanadu Mines advises that [...]
Xanadu Mines Ltd. is pleased to announce the Company has received commitments for a placement to eligible professional and sophisticated investors of 78,181,818 fully-paid ordinary shares in Xanadu at an issue price of $0.055 each to raise A$4,299,999.99 . The Placement will complete in two tranches. The first tranche, being the issue of 62,996,490 [...]
Xanadu Mines Ltd. is pleased to provide an update on deep and shallow exploration drilling currently underway at the Kharmagtai Project in Mongolia, being undertaken with the Company's joint venture partner Zijin Mining Group Co. Ltd.. . Xanadu's experienced exploration team is currently operating three diamond drill rigs which are focused on [...]
Xanadu Mines Ltd. is pleased to provide an update on infill drilling at the Kharmagtai Project in Mongolia, being developed with the Company's joint venture partner Zijin Mining Group Co. Ltd.. . Infill drilling continues to expand upon the new zone of high-grade copper and gold mineralisation at the White Hill deposit, demonstrating progressive [...]
Xanadu Mines Ltd. and its joint venture partner Zijin Mining Group Co. Ltd.. are pleased to announce delivery of further higher-grade drill results during Phase One infill drilling at the Kharmagtai Copper and Gold Project, in preparation for the Prefeasibility Study . Highlights New infill drilling conducted in preparation for the PFS has returned [...]
June 2023 Quarter Highlights During the quarter ending 30 June 2023 , Xanadu Mines Ltd. ramped up to full scale the Pre-Feasibility programme and Discovery Exploration activities at our flagship Kharmagtai copper-gold project, funded by US$35 million cash from the Joint Venture with Zijin Mining Group Co. Ltd.. . Significant progress was made in [...]
Xanadu Mines Ltd. and its joint venture partner Zijin Mining Group Co. Ltd.. are pleased to provide an update on recent infill drilling at the Kharmagtai Project in Mongolia. Infill drilling has defined a new zone of high-grade copper and gold mineralisation at the White Hill deposit and results continue to validate the total mineral resource [...]
Xanadu Mines Ltd. and its joint venture partner Zijin Mining Group Co. Ltd.. are pleased to announce results from the first 3,400m shallow exploration discovery drilling at Kharmagtai , targeting additional copper-gold deposits outside the current Mineral Resource Estimate . Highlights New shallow discovery drilling intersects both high-density [...]
Xanadu Mines Ltd. and its joint venture partner Zijin Mining Group Co. Ltd.. are pleased to provide an update for the Kharmagtai Prefeasibility Study infill drilling program underway. Highlights Approximately 15,000m of Phase One diamond drilling has been completed at the Kharmagtai Stockwork Hill and White Hill deposits. Assay results returned for [...]
Xanadu Mines Ltd. advises that as required by ASX Listing Rule 3.13.2 and Section 251AA of the Corporations Act 2001 , the results of Xanadu Mines Ltd.'s 2023 Annual General Meeting held as a Hybrid Meeting today, are set out in the attached report and includes a summary of the poll voting results and votes by proxies on the items of business [...]
March 2023 Quarter Highlights During the quarter ended 31 March 2023 , Xanadu Mines Ltd. completed its landmark investment deal with Zijin Mining Group Co. Ltd. , following shareholder approval at the Extraordinary General Meeting1 and Zijin receiving regulatory approval from the People's Republic of China.2 This included the Phase 2 placement [...]
