Cardinal Resources Limited (ASX:CDV) (TSE:CDV) is pleased to announce the appointment of two new Non-Executive Directors, namely, Jacques McMullen, P.Eng., MASc., ICD.D (Canadian Resident) and Michele Muscillo, LLB (Hons) (Australian Resident). These appointments are effective immediately.
Xanadu maintains a dual exploration strategy for base metals (porphyry copper and gold) and coal (coking and thermal), given the unique opportunity presented by Mongolia's world class geological endowment. The country has a vast cache of walk-up drill targets many of which have never before been subjected to modern or advanced high technology exploration.
Xanadu Mines Ltd (ASX:XAM) yesterday provided an update on recent exploration drilling completed at the Kharmagtai copper-gold project in southern Mongolia. Recent drilling has intersected the longest continuous zone of mineralisation to date, adding further confidence to the geological model and mineralisation controls.
Zijin Mining Group Co., Ltd (SHA:601899) (HKG:2899), one of China's largest gold miners, announces today its intention to make an off-market takeover offer for Phoenix Gold Limited (ASX:PXG).
Xanadu Mines Ltd (ASX:XAM) Provides the Independant Experts' and Valuation Reports for the Kharmagtai Copper-Gold Project in Mongolia
An Independent Expert's Report and Independent Valuation Report have been finalised to accompany the Notice of Meeting for the Kharmagtai transaction. The Independent Expert has concluded the transaction is fair and reasonable to nonassociated shareholders.
Xanadu Mines Ltd (ASX:XAM) is pleased to announce that its joint venture company, Mongol Metals LLC ("Mongol Metals"), has entered definitive agreements with a wholly owned subsidiary of Turquoise Hill Resources Ltd ("THR") to acquire a 90% interest in Oyut Ulaan LLC
Mr. Eddie Grieve from the Australian Securities Exchange (ASX:ASX) presented at the "Mongolia: Capital Raising and Investment" Conference organized by Frontier Securities. He talks about ASX as a ideal destination for Mongolian companies seeking listing.
Asian Activities Report for July 22, 2011: Xanadu Mines (ASX:XAM) Acquires New Coking Coal Exploration Project in Mongolia
Asian Activities Report for July 22, 2011 includes: Xanadu Mines Limited (ASX:XAM) has finalised a farm-in agreement on the Javkhlant coking coal exploration project in Mongolia; Kimberley Rare Earths Limited (ASX:KRE) is ready to advance the Cummins Range rare earth project in Western Australia; Consolidated Tin Mines (ASX:CSD) has completed its latest phase of drilling for a total of 8,148 metres at its Mt Garnet Tin project in northern Queensland; Strategic Energy Resources Limited (ASX:SER) has signed an agreement with MEGA Graphite Inc for the proposed acquisition of Uley Graphite Project.
Australian Market Report of February 3, 2011: Crusader Resources (ASX:CAS) To Significantly Expand Gold Exploration in Brazil
Australian Market Report of February 3, 2011 includes: Crusader Resources Limited (ASX:CAS) continue to extend the known mineralisation at the Borborema gold project in Brazil; WPG Resources Limited (ASX:WPG) is to establish a joint venture with Evergreen Energy Inc. (NYSE:EEE) to develop and commercialise K-Fuel technology throughout Australia; Xanadu Mines Limited (ASX:XAM) and Noble Group (SIN:N21) form a strategic alliance in Mongolia; Octanex N.L. (ASX:OXX) is to commence drilling operations offshore Western Australia.
Australian Market Report of January 19, 2011: Xanadu (ASX:XAM) Commenced Scoping Study For Galshar Coal Project in Mongolia
Australian Market Report of January 19, 2011 includes: Xanadu Mines (ASX:XAM) has commenced a scoping study for Galshar Coal Project; Jupiter Mines Limited (ASX:JMS) announced maiden inferred resource at Mt Ida Magnetite Project; Radar Iron Limited (ASX:RAD) announced its magnetite drill results in Western Australia; ZYL Limited (ASX:ZYL) is to commence Kangwane Anthracite Project in South Africa.