XASX
XAM
Market cap119mUSD
Aug 01, Last price
0.08AUD
Name
Xanadu Mines Ltd
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Profile
Operating from its Sydney, Australia headquarters since its establishment in 2005, Xanadu Mines Limited specializes in the exploration and advancement of various mineral deposits across Mongolia. The company's primary focus lies in identifying significant copper and gold resources. Its leading venture is the Kharmagtai copper-gold project, strategically positioned in Mongolia's Omnogovi province, southeast of Ulaanbaatar. Additionally, Xanadu holds an interest in the Red Mountain copper-gold project, located within the Dornogovi Province in southern Mongolia. To further the Kharmagtai project through its critical evaluation stage and towards future development decisions, Xanadu Mines has formed a strategic alliance with Zijin Mining Group Co., Ltd.
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