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PAC Partners published Xanadu Mines Ltd research update, to outline their view on the recently upgraded Kharmagtai Mineral Resource, and its impact on the upcoming PFS expected in the coming weeks. Their update also provides a comprehensive sensitivity analysis of #XAM to gold price. PAC highlights the 850Mt of Indicated Resource for 3.3 Mt CuEq (2.3Mt #copper and 6Moz #gold) contained metal in the open pit, noting it has materially expanded relative to both the 2023 Mineral Resource and 2021 Scoping Study. Furthermore, PAC sees its 19 August research update is notionally covered by the recently upgraded Indicated Resource, treating 840Mt ore over 25-year life of mine. PAC maintains its A$0.18/share risked price target for #XAM. Read the full research: https://loom.ly/pQntv-w #XanaduMines #ASX #TSX #MiningInvestment

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