Xanadu Ltd (ASX &TSX: XAM) is a Mongolian focused copper-gold
exploration company. Xanadu controls one of the most globally promising
copper-gold projects in Asia with Kharmagtai. A new major increase in
Kharmagtai Open-Cut Mineral Resource Estimate to 598Mt containing
1.9Mt copper and 4.3Moz gold (2.6Mt copper equivalent metal) indicates
the project is one of the premier undeveloped assets globally. Located within
1 hours’ drive north from the giant Oyu Tolgoi copper-gold deposit, in the
Mongolia’s South Gobi region the project is showing potential to host a
globally significant copper-gold discovery.