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Xanadu Mines Limited (XAM.AX)

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At close: April 24 at 4:10 PM GMT+10

Compelling Coarse Ore Flotation Results Indicate Throughput Upside for Kharmagtai

TORONTO, April 23, 2024 (GLOBE NEWSWIRE) -- Xanadu Mines Ltd (ASX: XAM, TSX: XAM) (Xanadu, XAM or the Company) is pleased to provide an update on metallurgical testwork for the Kharmagtai Copper-Gold Project (Kharmagtai) in Mongolia, being developed with the Company’s joint venture partner, Zijin Mining Group Co., Ltd. (Zijin). The Eriez HydroFloat test work for evaluating coarse ore flotation has demonstrated excellent results for one of the key uplift scenarios defined in the Kharmagtai Scopin

GlobeNewswire yesterday
Bacchus Capital Engaged as Strategic & Project Funding Adviser

TORONTO, April 18, 2024 (GLOBE NEWSWIRE) -- Xanadu Mines Ltd (ASX: XAM, TSX: XAM) (Xanadu, XAM or the Company) is pleased to announce that it has engaged Bacchus Capital Advisers Limited (Bacchus) as its strategic and project funding adviser in relation to the Kharmagtai Copper-Gold Project in the South Gobi region of Mongolia. Highlights Xanadu is executing a Pre-Feasibility Study (PFS) at its Kharmagtai copper-gold project, a 50-50 joint venture with Zijin Mining Group Co Ltd (Zijin). The PFS

GlobeNewswire 6 days ago
Xanadu Mines Date of 2024 Annual General Meeting

TORONTO, March 27, 2024 (GLOBE NEWSWIRE) -- Xanadu Mines Ltd (ASX: XAM, TSX: XAM) (“Xanadu” or “the Company”) is pleased to advise that in accordance with ASX Listing Rule 3.13.1, Xanadu will hold its 2024 Annual General Meeting on: Date: Thursday, 23 May 2024Time: 11:00am AESTLocation: Victoria Hotel 215 Little Collins Street Melbourne Victoria 3000 Australia The closing date for the receipt of nominations from persons wishing to be considered for election as a director is Wednesday, 3 April 20

GlobeNewswire 28 days ago
Drilling Underway at Red Mountain Project

Figure 1 Map of Mongolia, showing location of the Red Mountain Mining Lease. Figure 2 The Red Mountain Mining Lease with designed drill holes and target locations. Figure 3 Exploration drilling has commenced at Red Mountain. Figure 4 Target 33 showing previous drilling and trenching(2) and planned drilling 2024. Figure 5 Target 10 showing previous drilling and planned drilling 2024(4). Figure 6 Target 10 showing previous drilling and planned drilling 2024(6). TORONTO, March 27, 2024 (GLOBE NEWSW

GlobeNewswire 28 days ago
Kharmagtai Water Supply Drilling Program Recommences

Figure 1 PFS Water Drilling in ZUK Basin Figure 2 Drilling Water Monitoring Hole at ZUK Basin TORONTO, March 27, 2024 (GLOBE NEWSWIRE) -- Xanadu Mines Ltd (ASX: XAM, TSX: XAM) (Xanadu, XAM or the Company) is pleased to announce that the hydrological drilling program has re-commenced for the Kharmagtai Pre-Feasibility Study (PFS), which is being developed with the Company’s joint venture partner Zijin Mining Group Co., Ltd. (Zijin). Water supply is a core input to the study; a key driver to maxim

GlobeNewswire 28 days ago
Xanadu Mines Ltd (ASX Code: XAM) Notice under section 708A(5)(e) of the Corporations Act 2001 (Cth)

TORONTO, March 06, 2024 (GLOBE NEWSWIRE) -- This notice is given by Xanadu Mines Ltd (ACN 1144 249 026) (Xanadu Mines or the Company) under section 708A(5)(e) of the Corporations Act 2001 (Cth) (Act). Xanadu Mines advises that on 4 March 2024, it issued 15,185,328 fully paid ordinary shares at a price of $0.055 per share, to Jinping (Singapore) Mining Pte Ltd (a wholly owned indirect subsidiary of Zijin Group Mining Co. Ltd) pursuant to a Share subscription agreement signed on 8 December 2023 (N

GlobeNewswire last month
Encouraging oxide leach recovery for copper & gold at Kharmagtai

Figure 1 Oxide Column Leach at DMPS Labs Figure 2 Oxide Layer Over White Hill & Stockwork Hill – Cross Section Looking West Figure 3 Collar locations for drill holes sampled in metallurgical testwork TORONTO, March 06, 2024 (GLOBE NEWSWIRE) -- Xanadu Mines Ltd (ASX: XAM, TSX: XAM) (Xanadu, XAM or the Company) is pleased to update on metallurgical testwork for the Kharmagtai Project in Mongolia, being developed with the Company’s joint venture partner Zijin Mining Group Co., Ltd. (Zijin). Oxide l

GlobeNewswire last month
Completion of Placement to Zijin Mining

TORONTO, March 04, 2024 (GLOBE NEWSWIRE) -- Xanadu Mines Ltd (ASX:XAM, TSX:XAM) (Xanadu or the Company) is pleased to announce that the placement of 15,185,328 fully paid ordinary shares to Jinping (Singapore) Mining Pte Ltd, a wholly owned indirect subsidiary of Zijin Mining Group Co. Ltd (Zijin), at an issue price of A$0.055 per share, completed today. Details of the proposed placement to Zijin were announced to ASX on 20 November 2023 and 8 December 2023. Completion follows the satisfaction o

GlobeNewswire last month
Metallurgical Tests at Kharmagtai Show Strong Sulphide Rougher Flotation Recovery

Figure 1 Copper Grade vs Rougher Recovery Figure 2 Conventional flowsheet (simplified) Figure 3 Copper Rougher Recovery versus Grind Size Figure 3 Collar locations for drill holes sampled in metallurgical test work TORONTO, March 04, 2024 (GLOBE NEWSWIRE) -- Xanadu Mines Ltd (ASX: XAM, TSX: XAM) (Xanadu, XAM or the Company) is pleased to provide an update on metallurgical test work for the Kharmagtai Project in Mongolia, being developed with the Company’s joint venture partner Zijin Mining Group

GlobeNewswire last month
Xanadu Mines Exhibiting at Booth 2139, PDAC 2024 Convention in Toronto, March 3-6

Sydney, Australia--(Newsfile Corp. - February 28, 2024) - Visit Xanadu Mines (TSX: XAM) (ASX: XAM) at Booth #2139 at the Prospectors & Developers Association of Canada’s (PDAC) Convention at the Metro Toronto Convention Centre (MTCC) from Sunday, March 3 to Wednesday, March 6, 2024. About Xanadu MinesXanadu is an ASX and TSX listed Exploration company operating in Mongolia. The company gives investors exposure to globally significant, large-scale copper-gold discoveries and low-cost ...

Newsfile last month
Results of 2024 Extraordinary General Meeting

TORONTO, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Xanadu Mines Ltd (ASX: XAM, TSX: XAM) (Xanadu or the Company) advises that as required by ASX Listing Rule 3.13.2 and Section 251AA of the Corporations Act 2001 (Cth), the results of Xanadu Mines Ltd’s 2024 Extraordinary General Meeting held today, are set out in the attached report and includes a summary of the poll voting results and votes by proxies on the items of business considered at the General Meeting. For further information, please contact: C

GlobeNewswire 2 months ago
Quarterly Activities Report

Figure 1 Kharmagtai copper-gold district showing defined mineral deposits and completed infill drill holes, deep exploration drill holes, and shallow exploration drill holes since the last announcement of drilling results(20). Figure 2 Kharmagtai copper-gold district showing currently defined mineral deposits and planned and completed shallow exploration drill holes. Grey outlines are 2021 scoping study open pit designs and white dashed outlines define porphyry cluster target areas. Figure 3 Lon

GlobeNewswire 2 months ago
Kharmagtai Drilling Highlights Continued Growth Potential

Figure 1 Kharmagtai copper-gold district showing defined mineral deposits and completed infill drill holes, deep exploration drill holes, and shallow exploration drill holes since the last announced drilling results. Figure 2 Cross section 591980mE through the White Hill deposit. Figure 3 Cross section 592385mE through the White Hill and Stockwork Hill deposits. Figure 4 Cross section 591820mE through the White Hill deposit. Figure 5 Cross section 595400mE through the Golden Eagle deposit. Figur

GlobeNewswire 2 months ago
Xanadu Enters into New Magmatic Copper and Nickel Sulphide Project

Figure 1 Sant Tolgoi Cu-Ni project is located in the Zavkhan Province approximately 1,100 km west of Ulaanbaatar, Mongolia. Project to located close to established infrastructure. Figure 2 Sant Tolgoi Cu-Ni project covers two granted Exploration Licences XV-17774 (Oyut) and XV-21887 (Sant Tolgoi) a combined area of area of over 40km2. TORONTO, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Xanadu Mines Ltd (ASX: XAM, TSX: XAM) (Xanadu, XAM or the Company) is pleased to announce it has agreed a binding term s

GlobeNewswire 3 months ago
Notice of Extraordinary General Meeting

TORONTO, Jan. 15, 2024 (GLOBE NEWSWIRE) -- Xanadu Mines Ltd (ASX:XAM, TSX:XAM) (Xanadu or the Company) announces that an Extraordinary General Meeting (“EGM”) will be held on Tuesday, February 6, 2024 commencing at 11:00 am (AEDT) at the Victoria Hotel, 215 Little Collins Street, Melbourne, Victoria, Australia (the “Meeting”). Further to the Company’s press release of November 20, 2023, the Meeting has been called to seek approval of two resolutions: Ratification of prior issue of 62,996,490 new

GlobeNewswire 3 months ago
Kharmagtai Resource Grows to 6,700 million pounds (Mlb) indicated & 3,800 Mlb inferred CuEq; including 25% increase in higher-grade core

Figure 1: Plan view of the Kharmagtai district, displaying the Mineral Resource Estimate. Figure 1: Plan view of the Kharmagtai district, displaying the Mineral Resource Estimate. Figure 2: Long-section of the Kharmagtai district, displaying the Mineral Resource Estimate extents in relation to drilling, showing notional 720mRL split between potential open pit and underground. Figure 2: Long-section of the Kharmagtai district, displaying the Mineral Resource Estimate extents in relation to drilli

GlobeNewswire 4 months ago
$4.3 million Placement

Not for release to US wire services or distribution in the United States TORONTO, Nov. 20, 2023 (GLOBE NEWSWIRE) -- Xanadu Mines Ltd (ASX:XAM, TSX:XAM) (Xanadu or the Company) is pleased to announce the Company has received commitments for a placement to eligible professional and sophisticated investors of 78,181,818 fully-paid ordinary shares in Xanadu (New Shares) at an issue price of $0.055 each to raise A$4,299,999.99 (before costs) (Placement). The Placement will complete in two tranches. T

GlobeNewswire 5 months ago
Multiple New Breakthrough Achievements for Kharmagtai Discovery Drilling

Figure 1 Kharmagtai copper-gold district showing currently defined mineral deposits and planned and completed shallow exploration drill holes. Grey outlines are 2021 scoping study open pit designs and white dashed outlines define porphyry cluster target areas. Figure 2 Plan view of Cluster 2 Figure 3 Cross Section Drill Hole KHDDH786. Figure 4 Cross Section Drill Hole KHDDH759 and KHDDH622. Figure 6 Plan view of Cluster Five. Figure 7 Plan view showing the location of new targets identified by d

GlobeNewswire 5 months ago
Xanadu Mines Announces Participation in 121 Mining Investment Conference in London

Sydney, NSW--(Newsfile Corp. - October 30, 2023) - Xanadu Mines (ASX: XAM) (TSX: XAM) is pleased to announce the company is participating in the upcoming 121 Mining Investment Conference in London. Colin Moorhead of Xanadu Mines will be presenting about the Company's recent and future planned activities. 121 Mining Investment London will be hosting over 175 mining companies and more than 500 sophisticated investors for two days of pre-arranged, targeted 1-2-1 ...

Newsfile 5 months ago
High-Grade Core Shaping up at White Hill

Figure 1 Cross section 592050mE through the White Hill deposit Figure 2 Cross section 592145mE through the White Hill deposit Figure 3 Cross section 592250mE through the White Hill deposit Figure 4 Kharmagtai copper-gold district showing currently defined mineral deposits, and infill drill holes TORONTO, Oct. 04, 2023 (GLOBE NEWSWIRE) -- Xanadu Mines Ltd (ASX: XAM, TSX: XAM) (Xanadu, XAM or the Company) is pleased to provide an update on infill drilling at the Kharmagtai Project in Mongolia, bei

GlobeNewswire 6 months ago

Performance Overview

Return	XAM.AX	S&P/ASX 200 [XJO]
YTD	+18.64%	+1.21%
1-Year	+62.79%	+4.93%
3-Year	+1.45%	+8.81%

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Xanadu Mines Limited (XAM.AX)

Compelling Coarse Ore Flotation Results Indicate Throughput Upside for Kharmagtai

Bacchus Capital Engaged as Strategic & Project Funding Adviser

Xanadu Mines Date of 2024 Annual General Meeting

Drilling Underway at Red Mountain Project

Kharmagtai Water Supply Drilling Program Recommences

Xanadu Mines Ltd (ASX Code: XAM) Notice under section 708A(5)(e) of the Corporations Act 2001 (Cth)

Encouraging oxide leach recovery for copper & gold at Kharmagtai

Completion of Placement to Zijin Mining

Metallurgical Tests at Kharmagtai Show Strong Sulphide Rougher Flotation Recovery

Xanadu Mines Exhibiting at Booth 2139, PDAC 2024 Convention in Toronto, March 3-6

Results of 2024 Extraordinary General Meeting

Quarterly Activities Report

Kharmagtai Drilling Highlights Continued Growth Potential

Xanadu Enters into New Magmatic Copper and Nickel Sulphide Project

Notice of Extraordinary General Meeting

Kharmagtai Resource Grows to 6,700 million pounds (Mlb) indicated & 3,800 Mlb inferred CuEq; including 25% increase in higher-grade core

$4.3 million Placement

Multiple New Breakthrough Achievements for Kharmagtai Discovery Drilling

Xanadu Mines Announces Participation in 121 Mining Investment Conference in London

High-Grade Core Shaping up at White Hill

Performance Overview