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Stocks in play: Xanadu Mines Ltd
Reported an increase in the Mineral Resource Estimate and a Maiden Ore Reserve for its flagship copper-gold project at Kharmagtai, in the South Gobi region of Mongolia. The MRE update incorporates a revised cut-off grade to align to the marginal cut-off grade in the Kharmagtai Pre-Feasibility Study. The updated Mineral Resource Estimate and Maiden Ore Reserve are reported in concert with the PFS announced on October 14. Xanadu Mines Ltd shares T.XAM are trading unchanged at $0.07.
