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XANADU MINES LTD - Discussion

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Metals & Mining Industrial Metals & Minerals

Xanadu Mines Limited is an exploration company. The Company is engaged in the exploration... Xanadu Mines Limited is an exploration company. The Company is engaged in the exploration and development of its various mineral exploration projects in Mongolia. The Company focuses on the exploration for copper and gold. The Company operates through the Mongolian exploration projects segment. The Company's projects include Kharmagtai Copper-gold Project, Oyut Ulaan Project and Sharchuluut Project. The Kharmagtai project is located within the Omnogovi Province, approximately 420 kilometers southeast of Ulaanbaatar and approximately 120 kilometers north of the Oyu Tolgoi deposit. The Oyut Ulaan copper-gold project is located in the Dornogovi Province of southern Mongolia, approximately 70 kilometers west of the industrial center of Sainshand. The Sharchuluut project is an early-stage project focused on an advanced argillic (high-sulfidation lithocap) alteration above a deeper porphyry center.More

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Nexus Minerals Ltd has completed diamond drilling at its Bethanga project in Victoria, picking up signs of a potential porphyry system.
Nimy extends sulphide targets at Mons with new anomalies identified Nimy Resources Ltd has reported successful results from its geophysics work at the Mons project in Western Australia.
Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring Sun Silver executive director Gerard O'Donovan discusses a 6,216 grams Fort Intercept at the Maverick Spring Silver Project from historical data and drill assessments.
Sheffield Resources achieves milestone production, shipments at Thunderbird, WA Sheffield Resources (ASX:SFX) has ramped up production and shipments from its Thunderbird Mineral Sands Mine in Western Australia. In June 2024, approximately 825,000 tonnes of ore were mined, with a quarterly expectation of 2.2 million tonnes, surpassing the 2022 Bankable Feasibility Study forecast by 20%.
ASX200 dives as inflation clocks in at 4% – higher than 3.8% consensus The Australian Bureau of Statistics (ABS) has released the latest Consumer Price Index (CPI) inflation data, showing local inflation has hit 4%.

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