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Xanadu Mines Ltd

10:36 AM EST - Xanadu Mines Ltd : Announced the second batch of assay results from its oxide gold drilling program at its flagship Kharmagtai Project in southern Mongolia. These results form part of the Company’s current 2019 drilling program, with significant progress made towards defining a shallow oxide gold resource. Significant shallow oxide gold intersects include: Drill hole KHDDH499 returns 40m at 2.91g/t Au from surface including 37m @ 3.14g/t Au from surface including 21m @ 5.20g/t Au from surface. Drill hole KHDDH498 returns 40m at 1.72g/t Au from surface including 36m @ 1.85g/t Au from 4m. Xanadu Mines Ltd shares T.XAM are trading unchanged at $0.06.