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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.

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Price: 0.028 AUD

ASX:XAM
Market: ASX
Market Cap: $22.15 m
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Full interview: Xanadu Mines boosts flagship Kharmagtai project in Mongolia...

Xanadu Mines Ltd (ASX:XAM) (TSE:XAM) chief executive officer and managing director Dr Andrew Stewart tells Proactive about the increasing oxide gold being found following a recent scoping study at the company’s flagship Kharmagtai Copper-Gold Project in Mongolia. Dr Stewart says the top of...

on 4/9/19

2 min read