Xanadu Mines Limited 

Operating from its Sydney, Australia headquarters, Xanadu Mines Limited (XAM.TO) is an Australian company established in 2005 that concentrates its efforts on mineral exploration and development across Mongolia. The firm primarily targets new deposits abundant in copper and gold. Its most significant asset is the Kharmagtai copper-gold project, situated in Mongolia's Omnogovi province, southeast of the capital, Ulaanbaatar. Furthermore, Xanadu holds a stake in the Red Mountain copper-gold project, located in the Dornogovi Province of southern Mongolia. To advance the Kharmagtai project through its subsequent evaluation phases and to make decisions on its future progression, Xanadu Mines Limited has formed a strategic alliance with Zijin Mining Group Co., Ltd.