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Provided Content: Content provided by Baystreet. The Globe and Mail was not involved, and material was not reviewed prior to publication.

Stocks in play: Xanadu Mines Ltd

Baystreet - Wed Oct 2, 9:07AM CDT

Provides an update on its flagship Kharmagtai copper-gold project, in the South Gobi region of Mongolia. The Pre-Feasibility Study (PFS) is nearing completion, operatorship transition to Zijin Mining Group Co (Zijin) is in progress, with planning and funding discussions underway for the next stage of development. Xanadu Mines Ltd shares T.XAM are trading unchanged at $0.06.