logo-loader
Xanadu Mines Ltd

Xanadu Mines tightens focus on key porphyry targets in Mongolia

The halt will remain in place until the opening of trade on Thursday 28th September 2017.

1506386868_V11-Drilling-ppt.jpg
The company's shares are in pre-open

Xanadu Mines Ltd (ASX:XAM) earlier this week identified three new large porphyry targets at its flagship Kharmagtai project in Mongolia.

Work is underway at the porphyry targets to vector towards the higher grade core of the system.

READ NOW: Xanadu Mines confirms three large porphyry targets.

The company is now heading to market with a capital raising, and the ASX has granted a trading halt to prepare.

The halt will remain in place until the opening of trade on Thursday 28th September 2017, or earlier if an announcement is made to the market.

Quick facts: Xanadu Mines Ltd

Price: $0.06

Market: ASX
Market Cap: $42.68 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Xanadu Mines Ltd named herein, including the promotion by the Company of Xanadu Mines Ltd in any Content on the Site, the Company receives from...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Xanadu Mines boosts Kharmagtai project value with potential low-cost gold...

Xanadu Mines Ltd (ASX:XAM) managing director & CEO Andrew Stewart speaks to Proactive Investors about the company's Kharmagtai Copper-Gold Project in Mongolia.    Preliminary test work on diamond core from shallow oxide gold mineralisation has revealed an opportunity for...

on 20/3/19

2 min read