Xanadu Mines Ltd (AU:XAM) has released an update.
Xanadu Mines Ltd reported advancements in their Kharmagtai Copper and Gold Project with positive metallurgical studies and strategic funding advice from Bacchus Capital. The company also revealed promising exploration results from their Red Mountain Project, including significant shallow copper and gold mineralisation. Xanadu, demonstrating a commitment to sustainability, successfully released its third annual report and is well-funded with A$5.2 million in cash for future developments.
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