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 STARTS 20 HOLE DRILL PROGRAM

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Comment by PunkRockyon Jun 17, 2024 5:04pm

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Post# 36092932

RE:RE:XALI GOLD STARTS 20 HOLE DRILL PROGRAM

As I have said before... share price won't move until the drills are pointed to the veins at El Oro for the discoveries that the CEO and others have been hinting at that might be down there due to the multiple layer levels of buddingtonite. Until the drills start working, we're not going anywhere for a while. Accumulation between the 3 to 5 cent mark until then imho.

This is still a mid to long term play. Unless of course, we get bought out after some eventual positive vein-drilling happens.

PR