Xanadu Mines Ltd (AU:XAM) has released an update.
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Xanadu Mines Ltd has issued an updated preliminary economic assessment (PEA) for its Kharmagtai Copper-Gold Project in Mongolia, with additional clarifications and no changes to the original technical or economic outcomes. The updated report adheres to the latest industry standards and includes a draft budget for the upcoming pre-feasibility study, expected to be replaced by Q3 2024. This move is part of an ongoing review by the Ontario Securities Commission and is completed in collaboration with JV Partner Zijin Mining Group.
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