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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

Post by horsewithnonameon May 13, 2024 5:23am
147 Views
Post# 36036286

1.7 million ounces in San Rafael alone?

1.7 million ounces in San Rafael alone?"In 1993 Luismin estimated a non-NI-43-101 compliant historic resource of 762,000 oz gold and 9.7 million oz silver contained in vein remnants, back-fill and pillars lying along only 40% of the known length of the San Rafael vein. This potential resource comprises 6.89 M tonnes grading 3.44 gpt gold & 44 gpt silver and is part of a larger global resource reported by Luismin as 1.7 M oz gold and 38 M oz silver remnant lying along the whole of the old San Rafael workings."

https://altacopper.com/news-releases/news-releases/2000-archive/2009/candente-gold-secures-upside-potential-on-el-oro-property/

I guess we should see if it still ist there and can be verified - the back fill agreement might give a first hint - let´s hope it comes soon.
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