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 > how much is an ounce worth in El Oro?

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Comment by bonsai2on May 16, 2024 1:19pm

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Post# 36043766

RE:RE:how much is an ounce worth in El Oro?

Yes, i also understood 4percent from gross total. But what i understood payments to the municipality of El Oro have to be decucted from that so is can go down to 3percent but not less than that. So 11 Mio minus payments to the town of El Oro?! So we are back to about 75usd an ounce?! Howrver, there are plans to recover remaining ore from the old mine which adds up to the tailings 100k+ ounces. Not to speak of the great potetial that new discoveries in the mine can bring.. it will be exciting to see things progressing there..

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Southern Ontario mineral processing operation receives green fund support