Xali Gold Corp CGDXF

Primary Symbol: V.XGC

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 > New discoveries

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Post by bonsai2on Aug 28, 2024 10:14am

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Post# 36199230

New discoveries

In the news release it states xali has the rights for discoveries below 2400 meters ("m").
Should that not be 240 meters ("m"). On their website it says that El Oro was only mines 200 meters vertically!!! which makes sense for an old mine..
Below 2400meters would be a deep mine of which only few exist..
Could someone clairify that for me? Please..

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