Xanadu Mines Ltd (AU:XAM) has released an update.
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Xanadu Mines Ltd has announced a significant upgrade in the Mineral Resource Estimate for its Kharmagtai copper-gold project in Mongolia, with a 14% increase in copper and a 9% increase in gold. The enhancement is credited to new drilling results and an update in resource reporting criteria associated with pre-feasibility study pit-shells. Executive Chairman Mr. Colin Moorhead expresses confidence in the project’s future, highlighting the discovery of high-grade copper and gold mineralization at White Hill.
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