I am excited about this news release! Xali Gold obviously has much more going on than anyone knew!
XGC has so much to offer it is pretty incredible! - Processing of El Oro tailings by Kappes, Cassiday and Associates (“KCA”) and not requiring any further permitting!! Excellent!
- Approximately 550 tons of mineralized rock has been received at the SDA Plant in preparation for the restart of the mill, once 1500 tons has been delivered. Cash coming in soon looks great!
- Xali Gold is in discussions with a local experienced mining group who has proposed an agreement whereby they would open up some of the historic workings to extract and process previously untreated mineralized backfill from the underground workings of the historic San Rafael mine at El Oro, Mexico.
Heard these old workings can hold more than 400,000+ oz of GOLD!! The math on this number is insane at almost $1 Billion USD!! - GAME CHANGER! - Profits from the recovery of gold and silver bearing materials would be shared and in addition, the underground work would give Xali Gold underground access for drilling the previously developed targets for new mineralized zones.
Check out MAG Silver's Juanicipio Mine because Xali Gold's El Oro property has almost the exact characteristics which indicates a stacked vein system of gold/silver!!! https://magsilver.com/operations/juanicipio-production/
Don't forget about Xali's deal with Barrick Gold on the Tres Marias project in Peru! Great news all around for Xali Gold, the future is GOLDEN!!!
Xali Gold could easily be a 10x - 100X bagger!! ORIGINAL: Xali Gold Provides Update on Activities in Mexico and Peru
2024-05-02 07:00 ET - News Release
VANCOUVER, British Columbia, May 02, 2024 (GLOBE NEWSWIRE) -- Xali Gold Corp. (TSXV:XGC) (“Xali Gold” or the “Company”) is pleased to provide an update on the Company’s activities in Mexico and Peru. In Mexico, the focus is partnerships with third parties to deliver near-term cash flows and in Peru the focus is returning to exploration. Currently, the Company has excellent progress on four fronts.
“While we continue actively progressing near-term cash flow opportunities from our Mexican assets, we are also very excited to advance our growth strategy by actively seeking out gold and silver projects with promising exploration potential in Peru,” says Joanne Freeze, President and CEO of Xali Gold.