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Xali Gold Corp V.XGC

Alternate Symbol(s):  CGDXF

Xali Gold Corp. is a Canada-based mineral exploration company that has gold and silver projects in Peru and Mexico. It operates in three geographical areas: Peru, Mexico and Canada. Its Mexican Properties include El Oro Hard Rock, El Oro Tailings and El Dorado Project. Its Peruvian Properties include Tres Marias. Its flagship asset, El Oro Project, is a gold project encompassing the gold-silver epithermal vein system in Mexico. The El Oro project covers 20 veins with past production and more than 57 veins in total, which consists of approximately 6.4 million ounces of gold and 74 million ounces of silver. The El Dorado Property is located in the Pacific Coastal Plain, State of Nayarit, approximately 50 kilometers (km) south of the SDA Plant. The Tres Marias Property is located in the Puno District in Southern Peru. The Tres Marias property has 16 claims covering approximately 9,400 hectares (ha). Its subsidiaries include CCM EL Oro Jales, S.A. de C.V. and Minera Xali Oro S.A. de C.V.


TSXV:XGC - Post by User

Comment by PunkRockyon Mar 07, 2023 11:41pm
118 Views
Post# 35325095

RE:Gold and silver pump coming

RE:Gold and silver pump comingLack of permits for Xali continue to be the main issue that keeps the share price from moving up. Drill results would help that big time.... 43-101s are what we need to really move.  No schedule nor timeline at the moment.    Also, Powell hinted at more rate hikes coming. Could put a damper on the markets overall including the price of gold. Imho, we will be going sideways for a while. Dead money until things get moving with the drilling.

Patience,
PR.
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