Xanadu Mines Ltd (AU:XAM) has released an update.
Xanadu Mines Ltd reported substantial advancements in their Kharmagtai Copper-Gold Project, including positive metallurgical test results and the commencement of a significant water exploration program. The company has also expanded its exploration drilling, uncovering higher-grade copper and gold mineralization, and has achieved a key milestone by securing a term sheet for the Sant Tolgoi Copper-Nickel Project. These developments are part of Xanadu’s three-horizon strategy aiming to strengthen its project portfolio and enhance shareholder value.
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