Xanadu Mines : Future Minerals Summit Presentation

ASX/TSX ANNOUNCEMENT

By electronic lodgement

Corporate Presentation

For personal use only

12 January 2022

ASX Markets Announcement Office

Exchange Centre

20 Bridge Street

Sydney NSW 2000

BY ELECTRONIC LODGEMENT

Future Minerals Summit Presentation

Please find attached for release to the market, Xanadu Mining Ltd's presentation to the Future Minerals Summit Conference today.

	-ENDS-
For further information, please contact:
Andrew Stewart	Spencer Cole
Chief Executive Officer	Chief Financial Officer
M: [phone]	M: [phone]
E:[e-mail]	E:[e-mail]
W:www.xanadumines.com

About Xanadu Mines Ltd:

Xanadu is an ASX and TSX listed Exploration company operating in Mongolia. We give investors exposure to globally significant, large scale copper-gold discoveries and low-cost inventory growth. Xanadu maintains a portfolio of exploration projects and remains one of the few junior explorers on the ASX or TSX who control an emerging Tier 1 copper-gold deposit in our flagship Kharmagtai project. For information on Xanadu visit: www.xanadumines.com

This Announcement was authorised for release by Xanadu's Board of Directors.

AUSTRALIA	MONGOLIA	Xanadu Mines Ltd ACN 114 249 026
c/o Company Matters Pty Limited	Suite 23, Building 9B
Level 12, 680 George Street	Olympic St, Sukhbaatar District	www.xanadumines.com
Sydney NSW 2000	Ulaanbaatar, Mongolia
T: [phone]	T: [phone]

UNDER THE PATRONAGE OF THE CUSTODIAN OF THE TWO HOLY MOSQUES KING SALMAN BIN ABDULAZIZ AL SAUD

ersonal use only

11-13 January 2022, Riyadh, Saudi Arabia

King Abdulaziz International Conference Center

Founding Partner	Endorsed By

www.FutureMineralsSummit.com

ersonal use only

Discovering & developing globally significant copper deposits in Mongolia

ASX: XAM │ TSX: XAM

Founding Partner		Endorsed By

Disclaimer

only	Nature of this document: The purpose of this presentation is to provide general information about
	Xanadu Mines Ltd (the 'Company'). Unless otherwise stated herein, the information in this
	presentation is based on the Company's own information and estimates. In attending this presentation
	or viewing this document you agree to be bound by the following terms and conditions.
	Not an offer: This presentation is for information purposes only and does not constitute or form any
	part of any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe
	for, any securities in the Company in any jurisdiction. This presentation and its contents must not be
	distributed, transmitted or viewed by any person in any jurisdiction where the distribution, transmission
use	or viewing of this document would be unlawful under the securities or other laws of that or any other
jurisdiction. This presentation is not considered a recommendation by the Company or any of its
affiliates, directors or officers that any recipient invest in the Company nor does it constitute
	investment, accounting, financial, legal or tax advice.
	Not financial product advice: This presentation does not take into account the individual investment
	objectives, financial situation and particular needs of each of the Company's Shareholders. You may
	wish to seek independent financial and taxation advice before making any decision in respect of this
	presentation. Neither the Company nor any of its related bodies corporate is licensed to provide
	financial product advice in respect of the Company's securities or any other financial products.
ersonal	Forward‐looking statements: Certain statements in the presentation are or may be "forward‐looking

statements" and represent the Company's intentions, projections, expectations or beliefs concerning, among other things, future operating and exploration results or the Company's future performance. These forward-looking statements speak, and the presentation generally speaks, only at the date hereof. The projections, estimates and beliefs contained in such forward-looking statements necessarily involve known and unknown risks and uncertainties, and are necessarily based on assumptions, which may cause the Company's actual performance and results in future periods to differ materially from any express or implied estimates or projections. It is recognised that it is common practice for a company to comment on and discuss its exploration in terms of target size and type. All statements contained in this presentation by the Company which refer to the potential quantity and grade of the target is accompanied by a detailed explanation of the basis for the statement. The potential quantity and grade for the target is conceptual in nature and, there has been insufficient exploration to define a mineral resource and it is uncertain if further exploration will result in the determination of a mineral resource.

#FMS #FMS2022 #FutureMineralsSummit

Disclaimer: No representation or warranty, express or implied, is made by the Company that the material contained in this presentation will be achieved or prove to be correct. Except for statutory liability which cannot be excluded, each of the Company, its directors, officers, employees, advisers and agents expressly disclaims any responsibility for the accuracy, fairness, sufficiency or completeness of the material contained in this presentation, or any opinions or beliefs contained in this document, and excludes all liability whatsoever (including in negligence) for any loss or damage which may be suffered by any person as a consequence of any information in this presentation or any error or omission there from. The Company is under no obligation to update or keep current the information contained in this presentation or to correct any inaccuracy or omission which may become apparent, or to furnish any person with any further information, unless required to do so by law. Any opinions expressed in the presentation are subject to change without notice. Recipients of this presentation should make their own, independent investigation and assessment of the Company its business, assets and liabilities, prospects and profits and losses, as well as the matters covered in this presentation. Independent expert advice should be sought before any decision based on an assessment of the Company is made.

Unverified information: This presentation may contain information (including information derived from publicly available sources) that has not been independently verified by the Company.

Drilling Results and JORC: The information in this report relates to the exploration results previously reported in ASX Announcements which are available on the Xanadu website at https://www.xanadumines.com/site/investor-centre/asx-announcements. Xanadu is not aware of any new information or data that materially affects the information included in the ASX Announcements referenced in the attached slides, and all material assumptions and technical parameters underpinning the estimates continue to apply and have not materially changed.

Currency: All currencies in this presentation are in Australian dollars unless otherwise stated.

Competent Persons: Please refer to the Appendix of this presentation for Competent Person's Statement.

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Founding Partner		Endorsed By

Investment Highlights

Progressing gold-rich porphyry copper projects in Mongolia

only

DISCOVERY

GROWTH

DEFINITION

Kharmagtai - one of the largest

Higher-grade & new discoveries focus.

Scoping study underway with upgraded

undeveloped Cu-Au deposits held

>20 high priority targets to test over

MRE; exploring optimisation

by a globally listed junior miner;

next 12 mths & Kharmagtai open with

opportunities to leverage:

use2021 JORC MRE of 1.1Bt containing

grades increasing at depth

1. Higher-grade core for rapid payback

3Mt Cu & 8Moz Au1.

Successfully delivered medium term

2. Low capital intensity with existing

Red Mountain - earlier stage

target at Kharmagtai; growing total MRE

power, water & rail infrastructure

exploration project targeting

to >1.0Bt, incl. >100Mt higher-grade core.

3. Highly marketable, clean

porphyry copper & high grade vein

MRE only ~30% of 8km long Kharmagtai

style discoveries.

concentrate (no arsenic)

Intrusive Complex.

#FMS #FMS2022 #FutureMineralsSummit

1 ASX/TSX Announcement 8 December 2021 - Kharmagtai Resource Grows to 1.1Bt containing 3Mt Cu and 8Moz Au

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