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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 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.


TSXV:XGC - Post by User

Comment by bluemoons20on Mar 14, 2023 10:50pm
157 Views
Post# 35338888

RE:XALI GOLD SET TO GENERATE REVENUE

RE:XALI GOLD SET TO GENERATE REVENUEThis has been out for a  few weeks  and in my opinion  does not say too much  beyind what is already  known.

Xali  has  these deals  and some  prospective good property.   However  , they  do not have permits  wjich are holding the who;e thing  up!!.   As i recall  , the comment at the  end  reflects  that  Xali  may  not even be drilling the property  this year.   At least thats how I  heard it.

This is one of  my  larger share holdingsbut it still looks  like a longer term hold at this point.   Firts  they need the  permits to  get the  cash flow projects gong  , then they need permits  and the money  to  drill.  And then they need to  hit  a few of the veins  to  spark  some price movement.

I  would like it to happen soon  but am  not  hopeful

GLTA
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