Xanadu Mines Ltd. is pleased to report the results of diamond drill hole KHDDH559B, located at the Stockwork Hill deposit on the Company's Kharmagtai porphyry copper and gold project in the South Gobi region of Mongolia . Highlights Drill hole KHDDH559B intersects a broad zone of high-grade bornite mineralisation south of the Stockwork Hill [...]
Xanadu Mines Ltd. is pleased to report that on-ground exploration activities have recommenced at the highly prospective Red Mountain Joint Venture with the Japan Oil, Gas and Metals National Corporation . Highlights On-ground exploration activities have recommenced at Red Mountain Red Mountain JV with JOGMEC is focused on discovery of a Tier-1 [...]
In accordance with ASX Listing Rule 3.13.2, Xanadu Mines Ltd. advises that that both resolutions considered at the Company’s Extraordinary General Meeting, which was held today, were passed with the requisite majorities by way of a poll. The resolutions and details of the proxy voting results are provided in the attached Proxy Summary in accordance [...]
Xanadu Mines Ltd. is pleased to announce a significant expansion to mineralisation at the Company’s Kharmagtai copper and gold Project, located within the South Gobi, Mongolia. Kharmagtai is an emerging copper and gold project, within the highly prospective South Gobi Desert, which the Company believes has the potential to be a globally [...]
Xanadu Mines Ltd. is pleased to advise that it has further enhanced the prospectivity of the Kharmagtai copper and gold Project , located within the South Gobi region of Mongolia, following receipt of highly encouraging new geophysical data. Highlights New data from Controlled Source Audio Magneto-Tellurics reveals a large-scale system dissected by [...]
Xanadu Mines Ltd. is pleased to advise it has commenced an accelerated drilling program at its flagship Kharmagtai copper-gold project , as part of an exploration plan funded by its recent, successful equity placement. The program increases diamond drill rigs from one to three on site and continues through the end of 2020. Highlights Exploration [...]
Xanadu Mines Ltd. is pleased to announce a two tranche placement to raise $12.0 million . Highlights Well supported with the introduction of several new domestic and international institutions $3.5 million participation by key shareholders Asia Capital and Advisors Pte Ltd and SSI Asset Management AG on a pro rata basis relative to their existing [...]
In accordance with ASX Listing Rule 3.13.2, Xanadu Mines Ltd. advises that that all resolutions considered at the Company’s Annual General Meeting, which was held today, were passed with the requisite majorities by way of a poll. The resolutions and details of the proxy voting results are provided in the attached Proxy Summary in accordance with [...]
Xanadu Mines Ltd. advises that subsequent to the release on 26 June 2020 of the Notice of Meeting for the Company’s Annual General Meeting to be held on Thursday, 30 July 2020, the Board has resolved that due to the ongoing COVID-19 pandemic, the AGM will now only be held as a Virtual Meeting online and that no shareholders will be allowed to [...]
Xanadu Mines Ltd. advises that Stephen Motteram, being the nominee of Noble Resources International Pte. Ltd.’s to the Xanadu Board, has resigned as a director of the Company. Mr Motteram was appointed as a Director of Xanadu on 1 November 2019 in accordance with the First Variation Agreement US$4,000,000 Facility Agreement between Noble and the [...]
Xanadu Mines Ltd. advises that investors and analysts are invited to participate in a webcast on Monday, 15 June 2020 at 12:00pm noon AEST. The purpose is to provide a Xanadu Corporate Update, which will be hosted by Xanadu’s Chairman, Colin Moorhead. Participants will be able to ask questions online, and they will be answered at the end of the [...]
Xanadu Mines advises that in accordance with ASX Listing Rule 3.13.1, Xanadu will hold its 2020 Annual General Meeting on: Date: Thursday, 30 July 2020 Time: 10:00am Location: Computershare Investor Services Pty Limited Level 3, 60 Carrington Street Sydney NSW 2000 In addition, the closing date for the receipt of nominations from persons wishing to [...]
