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Xanadu Mines cashed up and working to unlock the value at Kharmagtai

Managing Director Dr Andrew Stewart brings Proactive Investors' presenter Andrew Scott up to date with developments at Xanadu Mines Ltd (ASX:XAM).

Drilling at their flagship Kharmagtai Project located in southern Mongolia is targeting extensions of copper and gold mineralisation along strike and below the current resources.

This week Xanadu received assay results from a diamond drill hole at the White Hill deposit … the drill hole intersected 850 metres at 0.32% copper and 0.2 g/t gold (0.45% copper equivalent) from surface.

Quick facts: Xanadu Mines Ltd

Price: 0.037 AUD

ASX:XAM
Market: ASX
Market Cap: $26.38 m
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