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Xali Gold Corp CGDXF


Primary Symbol: V.XGC

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

Post by bluemoons20on Jul 25, 2023 8:39am
267 Views
Post# 35555561

disappointment

disappointmentFrom my opinion, no other word to describe the last year.  Long delays in getting permits , then  getting others on board to  help with the process.   Now  changing horses on one of the projects!  Individually  , they  are all  understandable  but  when put together as a big picture, seems  like no one is at the helm leading the charge.
With all the talk of the  huge number of veins on the property  , this  thing is  just stagnating and  slowing slipping into oblivion  waiting for some of these side projects to provide some funding.

A look at the  amounts  shows they are not  large contributions  on their own relative to the cost of  actual exploration.

We need to get  firing on all cylinders  to stop the  price from falling  any more!

4  cents  is a joke.  We should be at  15 to 20  cents  as a base  with  exploration lifting from there.


Sounded like a good idea on paper  but is turning into a session of staring at the wall with nothing happenning.

GLTA
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