Xali Gold Corp CGDXF

Primary Symbol: V.XGC

Metals & Mining Gold

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 Western Mexico. 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 in the Pacific Coastal Plain, State of Nayarit, approximately 50 kilometers (km) south of the San Dieguito de Arriba (SDA) Plant. SDA is located in Nayarit, Western Mexico and consists of a flotation plant which also includes a precious metals leach circuit. Tres Marias is located within an emerging epithermal gold, silver and polymetallic belt of southern Peru.

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Xali Gold Corp

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Post by Magnum2on Feb 10, 2023 1:28am

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Post# 35278816

TRG/Tarachi similar project...tailings

Perhaps dig thru TRGs NRs....Mexico+Milling Equipment in place+ tailings+ recovery numbers = last minute unloading of the project to a third party during rising Gold prices...???

2 Payments require 50%, then 100% of the tailings to be milled, but they have no upside if Gold goes materially higher...doesn't even make sense?

No idea why, must be tough in the space to raise money or something isn't being explained, can't say.

GLTA

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