Xali Gold Corp V.XGC

Alternate Symbol(s): CGDXF

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 > XALI GOLD SET TO GENERATE REVENUE

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Comment by PunkRockyon Mar 14, 2023 10:52pm

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Post# 35338892

RE:XALI GOLD SET TO GENERATE REVENUE

It's a positive, but elsewhere in the interview she said that she would still be dipping into private placements to get extra cash for advancing drilling projects. Which is confusing because she also stated that other drillers were offering to come drill in exchange for a 15 percent stake in whatever they drilled up. So the term "self-funding exlporation drilling" is still up in the air and not well explained by the CEO as to what is exactly going on...or will go on.

PR

gmcmachine wrote:
El Oro's Stacked Gold System & Discovery Potential

* Will Self Fund Exploration Drilling

* Generating ~100K Monthly From 2 Projects