Xanadu Mines Ltd. is pleased to announce significant improvements in copper and gold recoveries from metallurgical testing from its flagship at Kharmagtai project, which is located in the south Gobi region of Mongolia . The new metallurgical test programme has expanded on that conducted during the 2018 Mineral Resource Estimate and 2019 Scoping [...]
Xanadu Mines Ltd. wishes to advise the pending retirement of Dr Darryl Clark as non-executive director and Chairman of the Company, and the appointment of his successor, Mr Colin Moorhead. The transition will take effect from 29 November 2019. Mr Moorhead is an experienced industry executive with a demonstrated track record of over three decades [...]
27 November 2019 Mr. Alex Sutton Adviser - Geology, Listing Compliance ASX Limited Level 4, Exchange Centre 20 Bridge Street Sydney NSW 2000 By email only: Alex.Sutton@asx.com.au Dear Alex Xanadu Mines Ltd. Updated ASX Announcement Further to Xanadu Mines Ltd.’s announcement tilted Significant increase in Exploration Target at Kharmagtai [...]
Xanadu Mines Ltd. is pleased to announce it has upgraded the global copper and gold Exploration Target at its flagship Kharmagtai project, which is located in the south Gobi region of Mongolia . A new global Exploration Target has been developed to highlight the large-scale copper-gold potential of the Kharmagtai project. Additionally, an [...]
Xanadu Mines Ltd. advises that it has signed a new Executive Services Agreement with the Chief Executive Officer , Dr Andrew Stewart. Dr Stewart’s new Contract reflects Dr Stewart’s relocation to Australia and change in role from Managing Director and CEO to CEO. The key terms of Dr Stewart’s new Contract are: Total Fixed [...]
Xanadu Mines Ltd. advises that, having received notification from Noble Resources International Pte. Ltd.’s that they wish to nominate Stephen James Motteram as Noble’s nominee director of the Company to replace Hannah Louise Badenach, the Xanadu Board has approved the appointment of Mr. Motteram as a director of the Company, and noted [...]
Xanadu Mines Ltd. is pleased to advise that recent diamond drilling has intersected wide zones of strong oxide gold mineralisation above the current Mineral Resource at the Copper Hill deposit at its flagship Kharmagtai Project in southern Mongolia . HIGHLIGHTS Four shallow drill holes completed at Copper Hill All drill holes intersect significant [...]
Xanadu Mines Ltd. is pleased to announce the second batch of assay results from its oxide gold drilling program at its flagship Kharmagtai Project in southern Mongolia . These results form part of the Company’s current 2019 drilling program, with significant progress made towards defining a shallow oxide gold resource. HIGHLIGHTS Significant [...]
Xanadu Mines Ltd. refers to the ASX/TSX Announcement dated 10 July 2019, whereby it was advised that, as disclosed in the Non-renounceable Rights Issue Offer Document, Patersons Securities Limited, who acted as Lead Manager, and the directors of Xanadu, reserved the right to place any of the remaining shortfall shares at or greater than the rights [...]
Xanadu Mines Ltd. is pleased to announce the first batch of assay results from its oxide gold drilling program at its flagship Kharmagtai Project in southern Mongolia . These results form part of the Company’s current 2019 drilling program, with significant progress made towards defining a shallow oxide gold resource. HIGHLIGHTS Significant [...]
Xanadu Mines Ltd. is pleased to announce the first batch of assay results from its oxide gold drilling program at its flagship Kharmagtai Project in southern Mongolia . These results form part of the Company’s current 2019 drilling program, with significant progress made towards defining a shallow oxide gold resource. HIGHLIGHTS Significant [...]
Xanadu Mines Ltd. is pleased to report that a drill rig has been mobilised to commence drilling at the Kharmagtai copper-gold project in Mongolia . The objective of this program is to confirm the presence of the oxide gold cap above the Stockwork Hill deposit and characterise this mineralisation for gold deportment to give direction for further [...]