Xanadu Mines Ltd

Xanadu Mines set to 'add a lot of value to Kharmagtai project in next 6-12 months'

Xanadu Mines Ltd (ASX:XAM) (TSX:XAM) managing director Dr Andrew Stewart speaks to Proactive Investors about exploration works at the company’s flagship Kharmagtai copper-gold porphyry project, located in the South Gobi region of Mongolia.

A Preliminary Economic Assessment (PEA) is underway on a portion of the growing project, and is due out in Q2 of this year. Stewart emphasises that the company has various development options for the project.

Quick facts: Xanadu Mines Ltd

Price: $0.06

Market: ASX
Market Cap: $39.93 m

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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