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 > interesting turn

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Comment by bonsai2on Aug 29, 2023 3:25pm

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RE:RE:RE:RE:RE:interesting turn

So my opinion based in the latest news realeases is, that things are currently advancing slowly with the Mexican properties and the El Dorado property is therefore put on hold. So the main focus in mexico remains El Oro und El Oro tailings. Xali is still looking for a partner for the SDA plant. Can't say how expensive it is to explore the Peru properties and what will be the outcome of this. I don't think that it will be necessary to raise capital for it. Could bei as you said, that there is some money available for this in xali's Peru subsidary companies. Hopefully we'll get some nice discoveries :) glta

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